LAS VEGAS – The Commercial Alliance Las Vegas (CALV) has partnered with Xceligent, Inc. to launch a commercial real estate information service in Southern Nevada.
CALV President Nancy Anderson said Xceligent’s new commercial real estate information exchange will launch locally on Jan. 1, 2013. Xceligent is offering discounted rates exclusively for CALV members. She said it will be a valuable service to the industry and members of CALV, which is the commercial real estate division of the Greater Las Vegas Association of REALTORS®.
“After many years of relying on a broker-loaded exchange of commercial real estate listings, we have decided to evolve the services available to our members,” Anderson said. “Xceligent’s proactive model will provide CALV members with market analytics, property information, all active lease and sale listings, verified sales comparables, verified tenant information, lease comps and demographics.”
Within the next 32 months, she said Xceligent will provide its commercial real estate information in the 65 largest U.S. markets. Las Vegas will be the company’s 38th market.
“Along with our ongoing efforts to provide quality commercial real estate educational opportunities and our voice on shaping public policy that may impact commercial real estate, this new service will help Commercial Alliance unite the industry in Southern Nevada,” she added.
Anderson said the new system will be available for review in December before it goes live on Jan. 1. Xceligent has already had researchers in the market to physically inspect more than 10,500 local properties and identify 3,800 active listings. Researchers will soon begin contacting agents whose listings are not currently in the system.
“We’re very pleased to partner with CALV,” said Xceligent CEO Doug Curry. “Las Vegas is an important piece of our national expansion strategy and we’re appreciative of the opportunity to have a strong alliance with the association.”
Anderson said monthly rates for this new service, including access to local listings, comparables, tenant information and analytics, starts at $95 per subscriber for CALV members. A basic level of service provides access to member listings for $55 per month. Anderson said all listings in CALV’s current system will automatically be imported into Xceligent’s system.
Xceligent is the fastest growing provider of proactively researched commercial real estate solutions in the country. It provides a comprehensive suite of fully researched property, listing, tenant, lease and sale transaction, historical trend and demographic information that all results in market analytics certified quarterly by advisory boards comprised of leading market professionals. The information is used by real estate brokers, appraisers, property owners, investors and developers as they make strategic decisions to lease, sell and develop property.
The local service will include a comprehensive inventory of all commercial properties available for lease or sale, historical transfers of ownership, and tenant rosters that have been verified for significant buildings. Curry said the end result will be “a robust system of proactively researched and verified building information, photography, parcel boundary outlines and other vital information.”
For more information on how to subscribe to Xceligent’s CDX service or to attend one of its free training and information sessions, contact CALV’s Stephanie Hill at 702.784.5050, or contact Xceligent directly at 877.303.5900 or at email@example.com.
About the Commercial Alliance Las Vegas
The Commercial Alliance Las Vegas (CALV) is the commercial real estate division of the Greater Las Vegas Association of REALTORS®. Using its commercial real estate database, developed for local commercial real estate professionals, it organizes and empowers the industry in Southern Nevada through education, networking, promoting professionalism and shaping public policy. Membership in CALV is open to REALTORS® and non-REALTORS® alike. For more information, visit www.calv.org.
Xceligent began its expansion efforts in May following a Federal Trade Commission consent decree regarding the CoStar–LoopNet merger. That decree propelled Xceligent, with a 13-year track record of success in over 30 markets, to a position of being a national competitor to the newly merged entity. The company, based in suburban Kansas City, MO, employs a growing workforce of over 300 people and is a member of the dmg :: information family of companies. Earlier this year, Xceligent announced a strategic alliance with the National Association of REALTORS®, through its REALTOR Benefits® Program, as the exclusive provider of commercial real estate information services to NAR’s nearly 1 million REALTORS®. The move coincided with Xceligent’s purchase of ePropertyData and creation of CommercialSearch.com, a new national marketing platform to compete with LoopNet. For more information, go to news.xceligent.com or contact Sam Lewis at Marketing@Xceligent.com or 816.303.2809.