Catylist Unveils Commercial Exchange, National Real Estate Marketplace
ANN ARBOR, Mich.--(BUSINESS WIRE)--May 14, 2019--
Catylist, the leading commercial real estate (CRE) technology provider, announces the launch of Commercial Exchange– a national commercial real estate marketplace where users can search sale and lease availabilities sourced directly from brokers in Catylist’s network of 50+ local commercial real estate platforms in markets across the country. Unlike national listing aggregators, Commercial Exchange focuses on the quality and timeliness of the information and includes only listings that have been recently verified.
Through a strategic partnership with Moody’s Analytics, each property listed on Commercial Exchange includes a Commercial Location Score, which allows CRE investors, lenders and developers to evaluate each parcel’s suitability and potential across the five major commercial property asset classes (office, retail, multi-family housing, industrial and hotel). Each numeric score takes into account component factors for the location including business vitality, economic prosperity, amenity, spatial demand, transportation and safety.
Commercial Exchange is free for the public to search and is optimized to connect searchers directly with listing agents. With a $99 a month subscription, CRE professionals can post an unlimited number of listings and get access to additional data, such as sales comparables with no contracts or minimum user requirements.
“Our goal with Commercial Exchange was to create a marketplace with reliable data and easy-to-use features that’s truly accessible to all, whether you’re a commercial real estate broker, an investor, or a tenant searching for available space,” said Catylist CIO Allen Benson. “There are a number of national CRE search engines out there, but none that provide accurate and timely information without a costly subscription. We created Commercial Exchange to fill that gap.”
Benefits of Commercial Exchange:
“We are pleased to work with Catylist to make our Commercial Location Score available to CRE market participants across the country through Commercial Exchange,” said Keith Berry, Head of the Moody’s Analytics Accelerator. “Our goal is to help brokers across the country tackle their toughest challenges and make better, faster decisions.”
For more information on Commercial Exchange, visit www.commercialexchange.com.
For 18 years Catylist has been building commercial real estate technology, tailored to local markets. These customized listing databases serve as the most trusted source for CRE information in more than 50 markets in North America. Through Commercial Exchange, Catylist provides a free-to-search, national marketplace that brings together exclusive listings from its national network of CRE professionals. Learn more at www.catylist.com.
About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter or LinkedIn.
Moody’s Analytics, Inc. is a subsidiary of Moody’s Corporation (NYSE: MCO). MCO reported revenue of $4.4 billion in 2018, employs approximately 13,200 people worldwide and maintains a presence in 42 countries.
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CONTACT: Cori Hays
KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY
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PUB: 05/14/2019 01:07 PM/DISC: 05/14/2019 01:07 PM