HARConnect

Commercial Gateway Delivers System Improvements

Commercial Gateway’s partnership with Xceligent continues with a newly designed website. Subscription fees for the CommGate CIE have been equalized at $195 per member per quarter, the rate that was initially established in 2001 for “participant” members. All new subscribing members of the CommGate CIE are enrolling at the $195 per quarter rate and existing members are being transitioned to the new rate.

The new Commercial Gateway public website provides a re-designed logo and a cleaner, crisper look with navigation ease. Members’ listings can be found using either a map-based or data-based search. Listing details are displayed along with flyers and photos and can be shared or the member contacted through a message service. Members can also continue to view a calendar of commercial events and complete comp forms from the home page.

Both CommGate’s CIE and the Xceligent services will be available to Houston area brokers. The system and service offered by CommGate will be focused on the Houston market area while the more extensive service upgrade offered by Xceligent will include additional information and expanded functionality for over 50 markets across the U.S.

Current Commercial Gateway members have the option of remaining Commercial Gateway members or upgrading to the full Xceligent service for additional features such as proactively researched tenant information and sales comparables data (please see chart). HAR’s Commercial Gateway will continue to offer and support its local CIE service in Houston.

 

CommGate and Xceligent Features Comparison

Feature

CommGate

Xceligent

Coverage

Greater Houston Area

Xceligent National Market Access

Analytics

Quarterly Market Trend Reports

Real-Time Reporting and Analysis

Tenants

Not Available

Confirmed for Buildings > 10,000 SF

Property Reports

Property and Listing Summaries

Property and Listing Summaries and Historical Analytics

Confirmed Sales

CommGate members may access up to five sales for each sale they confirm

Verified Transaction Data for All Researched Sales, including “True Owner” information for buyers

Market History

5 quarters of historical Market, Submarket and Building-level Data

Market, Submarket and ad hoc Custom reporting from 2003

Demographics

1-3-5-mile Ring Summary

In-Depth Demographic Reporting

Broadcast Emails

To Houston Area Brokers

To Multiple Markets

Listings

Unlimited

Attachments

Unlimited Photos, Flyers and Other PDFs

Maps and
Aerials

Parcel Locator, Street Map, Aerial Photography

 

Continuing with Xceligent’s launch of the expanded shared dataset, the Commercial Gateway local staff members are available to provide customer service, answer your questions and provide assistance to members.

Commercial Gateway will continue to research, publish and distribute quarterly office and industrial market analytics. CommGate member listings will continue to be automatically displayed on the websites of area chambers of commerce and economic development groups and on CommercialSearch.com, Xceligent’s national listing marketplace, which is endorsed by the National Association of REALTORS® and “powers” the commercial search within Realtor.com.

Xceligent’s research staff performs the majority of listing updates. Although Commercial Gateway members and staff can add and update properties and listings, Xceligent’s expanded research staff is responsible for the bulk of daily listing updates, property additions, tenant rosters, and comparable sales research.

Last spring, Xceligent personnel completed a four-month-long process of physically driving the entire Houston area to inspect, photograph, and document every commercial property identified from the tax rolls. More than 40,000 properties were physically inspected. Xceligent researchers have been busy adding and updating properties and listings for office, retail and industrial projects 5,000 square feet and larger as well as multi-unit and special-use properties and land listings.

Sale and tenant researchers are verifying confirmed sales and current tenants located within office, industrial, and retail buildings over 10,000 square feet. Xceligent currently operates in more than 50 markets and is launching its researched product service into more major U.S. markets.

Xceligent’s new CDX Professional product is currently being beta-tested by a select group of users. After it is launched later this year, XPro will deliver a comprehensive suite of fully researched properties, listings, tenants, lease and sale transactions, historical trends and demographic information as well as enhanced reporting and analytics for both the Houston area and other national markets. Commercial Gateway members have the option to either keep using the local Commercial Gateway CIE or they can upgrade to the Xceligent CDX Professional system. Please call Anthony Petry at Commercial Gateway if you have any questions (713) 629-1900, ext. 363.

 

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Anthony Petry

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