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Commercial Real Estate Activity for the Entire U.S. Displayed Online in Real Time
In a press release this week, CoStar Group, Inc. announced that, for the first time ever, online viewers can watch the constant flow of activity occurring throughout the commercial real estate industry on CoStar’s website. The visual display captures the hundreds of thousands of listing updates, reported lease and sales transactions, and property searches taking place in CoStar’s comprehensive database of commercial real estate information every day, showing where the activity is occurring as it happens.
CoStar’s online national industry-wide activity map includes property information that CoStar research analysts add or update in CoStar’s database approximately 130,000 times per day . This unprecedented collection of research-verified information, which includes more than 8 billion square feet of available space and more than 1.2 million active listings in the U.S. alone, serves as an essential resource for identifying available space, researching commercial real estate properties and markets, and analyzing market conditions.
This is good for the industry as everybody will find it easier to locate advisors, brokers and commercial real estate investment opportunities and keep track of what’s happening.
Alex Zylberglait provides commercial real estate investment advisory as well as research, estate planning, asset allocation, valuation, financing, special assets services, transaction advisory and commercial property acquisition and disposition services.
Commercial Office Buildings, Commercial Real Estate, Commercial Real Estate Database, Investment Opportunities
Commercial Buildings, Commercial Office Building, Commercial Real Estate Investment, Commercial Real Estate Investment Advisory, Commercial Real Estate Investment Intelligence, Distressed Commercial Real Estate, Miami, Miami-Dade, South Florida
this is good for investors like me who wants to find good deals and monitor movements all over.
this feature is rather exciting and yet disturbing. looking at the map, i feel like a vulture waiting to devour on the next commercial real estate meal.
good to see the deluge of bargain properties, or the lack of it, out in the market in the coming quarters, let’s see.
Watch out for the anti-vulture missile defense system Munish! You’ll see them in flashing orange when it’s too late to pull-up after you dive-in for the kill.
@Munish – funny analogy. But I don’t feel like a vulture like you do. I feel like superman flying overhead looking at America waiting for that distressed commercial real estate property I can save next.