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Top 10 Commercial Real Estate Databases to Find the Right Property in 2024

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May 20, 2024 Real Estate
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commercial real estate database

Many real estate listings expire every day without a sale. What if you could be the first to connect with those sellers? 

A commercial real estate database in 2024 can be the key to converting a missed opportunity into a successful deal. Also, you can easily access details about property characteristics from the MLS (Multiple Listing Service) and public records. 

And there’s more! 

It not only saves time but also promises that you’re always using up-to-date phone numbers to contact the right property owners directly.

But what’s the best commercial real estate database? 

Don’t fret; in the upcoming sections, you’ll find the databases that offer the right commercial property data. They’re designed to simplify your searches and provide current contact information about owners and properties to help you close more deals.

Let’s get started and find the best commercial lease databases for you.

Quick List of 10 Top Commercial Real Estate Databases

Here’s a quick overview of ten top commercial real estate databases that can help you access real estate data and information efficiently —

  • Swordfish AI: Offers precise contact information and networking tools, making it easier to connect with property owners directly.
  • CoStar: Offers detailed market analytics and essential property data to inform real estate decisions.
  • Reonomy: Access comprehensive property data, ownership details, and transaction histories.
  • Redfin: Known for extensive real estate listings and a user-friendly interface for residential searches.
  • CompStak: Delivers crowd-sourced commercial lease data to offer insights into rental trends and market conditions.
  • PropertyShark: Provides thorough property data, including ownership records, maps, zoning, and market values.
  • Cherre:  Integrates multiple data sources into a single platform for actionable real estate insights.
  • Crexi: Simplifies the property transaction process with tools for listing, managing, and buying commercial real estate.
  • LoopNet: A large online commercial real estate marketplace with an extensive database of listings in the U.S.
  • Ten-X: Offers an online platform for buying and selling commercial properties through auctions and direct sales.

Top 10 Commercial Real Estate Database: Comparison Chart

The following table provides a comparison of the top 10 commercial real estate databases. It’ll help you to identify the strengths and unique offerings of each platform.

Name

Database Size

Precise Contact Info

Market Analytics

Over 3.5 billion data points

Direct contact details for property owners

Intent data and insights for targeted outreach

Extensive coverage of properties

Detailed contact data for real estate pros

Detailed market analytics, property trends

Covers over 50 million properties

In-depth ownership and contact info

Comprehensive data analysis, transactional data

Millions of residential listings

Basic contact info for listings

User-friendly home search analytics

Crowdsourced commercial lease data

Verified lease comps, contact details

Insights into rental trends and market conditions

Detailed info on numerous properties

Detailed owner contact information and records

Comprehensive property data, market values

Integrates various data sources

Accurate property contact info

Integrates data for actionable real estate insights

Broad range of property listings

Contact details for transactions

Market analytics for commercial properties

Extensive commercial listings

Limited contact details for listings

Extensive property listings and market analytics

Specializes in commercial auctions

Contact info for auction properties

Market insights for property auctions

Top 10 Best Commercial Real Estate Databases for In-Depth Property Insights

To identify the best commercial real estate database software, we analyzed each tool based on database quality, data source, accuracy, user interface simplicity, etc. Let’s find the right commercial property database for you:

1. Swordfish AI

Swordfish-AI

If you’re a real estate professional looking for a comprehensive and verified commercial real estate database, Swordfish AI is your go-to resource. This tool gives you access to lots of real-time validation data that’s important for closing commercial real estate deals.

Plus, Swordfish AI gives you access to a wide range of contact information, including mobile numbers and emails, customized for your industry. It ensures the information is complete and up-to-date, simplifying workflows and making sales more efficient.

Moreover, it gives you access to advanced tools, which help you quickly find and verify key contact details. Overall, Swordfish AI is a necessary tool for commercial real estate and CRE professionals who want to improve their data-driven strategies. 

About Swordfish AI

  • Founding Team: Ben Argeband
  • Founding Year: 2015 
  • Company Size: 11 to 50 employees

What Sets Swordfish AI Apart?

Swordfish AI stands out among real estate agents due to its powerful contact database and real-time verification. It’ll change your prospecting process as an agent when you need to make quick, reliable connections with property managers and owners.

You’ll get access to over 3.5 billion data profiles, including business emails and proprietary cell phone data. With such an extensive database, you’ll be able to reach potential sellers and buyers more effectively, making your efforts count.

Plus, we ensure all contact information is up-to-date through real-time validation. When you reach out, the details are up-to-date, saving you from frustration and wasted efforts. 

Moreover, Swordfish’s AI data accuracy is top-notch. Compared to other leading commercial real estate, we have 33% more cell phone numbers and 45% more accuracy. Hence, you’ll have the most reliable information right at your fingertips, helping you stay ahead in a competitive market.

Features of Swordfish AI

Swordfish AI is packed with features designed to supercharge your sales lead generation and streamline your outreach in the commercial real estate industry. Here’s a quick rundown of what you can expect:

Prospect Search

Swordfish-AI-Prospector

Finding new leads just got easier. The Prospect Search lets you quickly search through a massive database using multiple filters according to your needs, helping you find commercial real estate data and new opportunities without the hassle.

Bombora Intent Data

Swordfish AI Bombora Intent Data

Want to know which companies are already looking into topics related to your business? Bombora Intent Data does just that. It shows you where to focus your efforts so you can connect with the most promising real estate prospects.

Chrome Extension

Swordfish-AI-Chrome-Extension

This Chrome Extension allows you to get contact details right from the platform without any hassle. It integrates easily with Facebook, LinkedIn, Twitter, Dribble, etc., allowing you to collect contact info in less time.

Reverse Lookup

Swordfish-AI-Reverse-Search

Need to find someone’s contact details for specific property details but only have a piece of their info? The Reverse Lookup feature helps you fill in the blanks, whether it’s a name, email, phone number, address, or social profile. It’ll find out the rest of the data.

API Integrations

Swordfish AI API Integration

Swordfish AI’s API Integrations make it a breeze to integrate real-time data into your existing systems and CRMs. This means smoother workflow and better data management right where you need it.

Email Verifier

Swordfish-AI-Email-Verifier

No more worrying about emails bouncing back. The Email Verifier checks if the email addresses in your database are valid, helping keep your marketing and cold-calling efforts sharp and effective.

People Search Directory

People-Search-Directory

And if you’re looking to reach out to new contacts, the People Search Directory is a goldmine. It’s constantly updated with detailed contact info across various industries, keeping you connected and relevant.

Best Use Cases of Swordfish AI

Swordfish AI serves a variety of industries with its advanced contact data solutions. Here are some of the best use cases —

  • Sales: Sales teams can rapidly build targeted email lists using Swordfish’s large database, increasing efficiency and effectiveness in outreach efforts.
  • Recruitment: Recruiters utilize the tool to access contact information of potential candidates, speeding up the talent acquisition process and improving the quality of hires.
  • Real Estate: In commercial real estate, professionals rely on Swordfish to find direct contact information of property owners and decision-makers, enabling quicker negotiations and deal closures.
  • Networking: You can use Swordfish to expand their professional network by finding accurate contact details of industry leaders and peers.
  • Research: Research teams employ Swordfish to gather contact information for primary research purposes, ensuring they can reach relevant subjects and experts promptly.
  • Outreach: For outreach and marketing campaigns, Swordfish provides verified emails and phone numbers, reducing bounce rates and improving campaign effectiveness.
  • Legal and Compliance: Legal professionals access up-to-date contact information for due diligence and compliance checks, ensuring you can reach relevant parties quickly.
  • Fraud Investigations: Investigators use Swordfish to trace contacts and establish connections between individuals in fraud detection and prevention efforts.

Pros of Swordfish AI

  • Works easily with Chrome to find contacts on social media platforms.
  • Directly connects you with key decision-makers
  • Offers unique cell phone data for direct outreach.
  • Checks email addresses and phone numbers in real-time.
  • Integrates with various tools and CRM systems.
  • Keeps email addresses updated to reduce bounce rate.

Cons of Swordfish AI

  • Customized pricing and limited free trial offerings.

Swordfish AI’s Pricing

Swordfish AI offers customized pricing to fit the unique demands of different industries, making it a versatile choice for professionals looking to boost their operations. Here’s how it works:

For those focused on sales and business growth, Swordfish is a game changer. It fills in the gaps in your CRM and integrates smoothly with your existing tools, helping scale your outbound efforts without a hitch.

If you’re in recruiting, you’ll appreciate the advanced search capabilities for digging up detailed candidate data. It focuses on building a strong talent pipeline, ensuring you meet your hiring targets efficiently.

Swordfish also offers an API for large-scale contact enrichment. This includes custom data solutions with real-time validation and free updates. 

No matter if you’re in sales, recruiting, or real estate, there’s a Swordfish pricing plan designed to help you achieve your professional goals effectively.

Swordfish-AI-Pricing

What Users Say About Swordfish AI

  • G2 Review: 4.5 out of 5

“Ease of use. Keeping track of my credits and linking the Chrome Extension and Bulk Enrich Files have reduced my work by 95%.

I evaluated and used another search engine company for the critical human data I needed for my current projects. SWORDFISH was so easy that I used up my trial credits on the first day because it gave me so much information, and I immediately signed up for the Professional Credits program, which is 400 credits per month.”- Andrea W.

  • Capterra:  4.6 out of 5

“Overall great app for obtaining contact data for both sales and recruiting. Simple and easy to use, great Chrome extension and contact data results are consistently accurate. 

Don’t really have a con, other than the cost has gone up therefore we’ve held off on upgrading our subscription.” – Barbara G.

arrowTry Swordfish Ai

2. CoStar

CoStar

CoStar a source for the best commercial real estate data, covering the US, Canada, the UK, and France. This platform is designed to support real estate professionals like you, offering detailed commercial real estate information on leasing, sales transaction, tenants, and property performance analytics.

Whether you’re an investor, broker, or analyst, there are tools available for your specific needs, such as market analysis and public records. CoStar offers thorough coverage and up-to-date insights into market trends that help you make well-informed decisions. 

When you look at CoStar and Crexi, both offer strong tools for real estate professionals, but they meet slightly different needs. For agents who need detailed market analytics and forecasts, CoStar offers an in-depth analysis of commercial real estate markets. 

On the flip side, Crexi shines in making transactions easier with its user-friendly interface for buying, leasing, or selling properties directly. With a full commercial real estate database, CoStar offers deeper data integration and market analysis than Crexi.

About CoStar

  • Founding year: 1987
  • Founder: Andrew C. Florance
  • Company Size: 5,000 — 10,000 employees

Features of CoStar

Here’s a closer look at some of the key features that make CoStar a preferred tool for industry experts:

  • Extensive Property Listings: CoStar has detailed listings for a wide range of properties, including offices, retail spaces, and industrial sites. Whether you’re buying, selling, or just scouting, CoStar has the details you need.
  • Market Analytics: Stay ahead with real-time Real estate market data on market trends and prices. CoStar helps you spot the best opportunities and figure out the risks in specific areas. It’s essential for making smart investment choices.
  • Mapping Technology: Want a bird’s-eye view of properties and their neighborhoods? CoStar’s mapping tech lets you see it all. It’s perfect for checking out local features and how close properties are to important places.
  • Tenant Information: CoStar provides information on tenants and lease terms, which is essential for evaluating the stability and profitability of rental properties.
  • Custom Reporting: You can create reports customized to your specific needs, pulling together the relevant data points that matter most to your project or client. This flexibility makes it easier to organize and present your findings.     

Pros of CoStar

  • Comprehensive database covering residential, commercial, & industrial properties.
  • Advanced market analytics providing in-depth insights into trends, pricing, & investment opportunities.
  • Regular accurate and relevant updates for informed decision making.
  • Intuitive interface for seamless access to complex information for users.
  • Widely recognized and trusted in the industry.

Cons of CoStar

  • Limited customization options for reports.
  • The platform can be complex, intimidating new users.

Pricing of CoStar

CoStar’s pricing can vary widely, customized to different needs in commercial real estate. Depending on how many licenses you need and the areas you’re interested in, costs can be high, especially for complete data access.

While this might seem expensive for smaller teams or individuals, remember that CoStar provides detailed real estate data that could greatly benefit your business. It’s part of the CoStar Group, known for its extensive and reliable information.

If you’re in the real estate industry, the investment in CoStar could be worthwhile, giving you access to valuable information to make informed decisions.

Our Review of CoStar

Our firsthand experience with CoStar shows how it transforms commercial real estate research and property management. CoStar offers a detailed real estate database covering the US, Canada, UK, and France. 

It combines tools for tracking transactions, analyzing markets, and detailing properties, making decision-making easier for businesses. However, some complex analytics tools and the sheer amount of types of data can make it tough for new users. 

Even with these challenges, CoStar provides invaluable insights and gives you a competitive edge in commercial real estate.

3. Reonomy

Reonomy

Reonomy is a commercial real estate data platform that provides detailed property information and analysis across the United States. It uses artificial intelligence and machine learning to provide property intelligence, enabling you to discover new opportunities.

Their features include the municipality’s local property records, ownership information, and transaction data, which are helpful for professionals in the commercial real. Plus, you can filter properties by property type, location, or sales history using the platform’s search and filtering features.

When you compare Reonomy and Cherre, you’ll see that Reonomy stands out by offering detailed property and owner information with strong search features. It’s perfect for agents who need in-depth property data and off-market opportunities. 

On the other hand, Cherre excels with its ability to integrate data, helping real estate professionals manage and use sales data across different platforms. If you’re looking for full data integration in commercial real estate, Cherre is the better choice.

About Reonomy

  • Founding year: 2021
  • Founder: Richard Sarkis
  • Company Size: 150—200 employees

Features of Reonomy

Reonomy is a powerful resource for commercial real estate professionals. Here’s a breakdown of the key features that make Reonomy a valuable asset in the real estate industry:

  • Comprehensive Property Data: Reonomy provides detailed information on properties across the United States, including ownership details, transaction histories, and debt records. 
  • Advanced Search Capabilities: You can filter searches by various criteria such as location, property type, sales history, and more. 
  • Owner Contact Information: Reonomy excels in compiling accurate contact information for property owners, which is crucial for outreach and negotiation purposes. 
  • Market Trends and Insights: The platform analyzes commercial data to provide insights on trends and potential real estate investment opportunities. 
  • Integration and Customization: Reonomy offers integration capabilities with other systems, making it easier to incorporate its data into existing workflows. 

Pros of Reonomy

  • Covers over 50 million commercial properties.
  • Offers AI-powered predictive analytics.
  • Provides owner contact details, including emails.
  • Detailed sales history for property insights.
  • Access to occupant and tenant data.

Cons of Reonomy

  • Lacks lease comparables data for analysis.

Pricing of Reonomy

The pricing for Reonomy varies, starting with a basic package and increasing for more advanced features aimed at larger teams or enterprises. They offer a seven-day free trial which lets you explore features without entering payment details. 

However, complete pricing details are not immediately transparent and require direct contact with customer support for full disclosure. This might make it tricky for you to compare Reonomy with other services directly without additional effort.

If you’re considering Reonomy, be prepared to reach out to their team to understand the full costs and features included in each subscription level.

Our Review of Reonomy

We have rigorously tested, analyzed, and adopted Reonomy as a crucial part of our commercial real estate solutions. 

With AI, it ensures accuracy and depth of insight by providing detailed and exhaustive property data. It has enabled us to uncover off-market deals and make quicker, more informed decisions. 

However, new users may find the platform somewhat challenging to master, and the unclear pricing might be complex for smaller businesses. Despite these challenges, Reonomy has greatly improved our ability to strategize by providing comprehensive market insights.

4. Redfin 

Redfin 

Redfin is a top commercial real estate data and brokerage firm that focuses on making things easier for you. They combine the latest technology with experienced local agents to simplify the process of buying and selling homes.

With Redfin, you get instant access to the most up-to-date MLS listings through their powerful website and mobile app. These listings refresh every five minutes, ensuring you always have the latest data right at your fingertips.

When you look at Redfin and Ten-X, Redfin excels when it comes to residential real estate. It gives you strong search capabilities, solid agent backing, and services that put you, the consumer, first. This makes it a top pick for those buying or selling homes.

On the other hand, Ten-X stands out in the commercial real estate sector. It offers a smooth, digital auction platform that makes buying and selling large properties a breeze. So, if you’re involved in commercial real estate, Ten-X, with its auction-centric platform, could be the better option for you.

In short, your choice between the two will depend on whether you’re dealing with residential or commercial real estate.

About Redfin 

  • Founding year: 2004
  • Founders: David Eraker, Michael Dougherty, and David Selinger.
  • Company Size: 4,000—5,000 employers

Features of Redfin 

Redfin revolutionizes the real estate experience by combining technology and personalized service. Here are the unique features that make buying and selling various property types more transparent and efficient:

  • Real-Time MLS Listings: Redfin updates its listings every five minutes, providing users with the most current market information available. It ensures that buyers and sellers have access to the latest commercial real estate data.
  • Comprehensive Search Filters: You can customize your search using detailed filters, including price, number of bedrooms, property type, and more. This customization helps streamline the different commercial real estate data search processes.
  • Tour and Open House Scheduling: Redfin allows you to easily schedule tours and attend open houses through its platform. The integration simplifies the process of visiting potential homes.
  • Agent Matching: Redfin connects you with local Redfin agents who are equipped to provide expert guidance and support throughout the buying or selling process.

Pros of Redfin 

  • Real-time MLS updates
  • Lower commission rates
  • Estimate for accurate property valuations
  • Easy scheduling of tours and open houses
  • Local Redfin agents provide personalized service

Cons of Redfin 

  • Limited coverage in certain geographic areas

Pricing of Redfin 

Redfin offers innovative real estate services that streamline the process of buying, selling, and renting properties. Their pricing model is structured to provide value to both buyers and sellers, with an emphasis on transparency and reducing transaction costs.

For sellers, Redfin advertises a lower listing fee compared to traditional real estate agencies, which could translate into substantial savings. This fee includes all the services you would expect, such as listing, marketing, and managing the sale process. 

They aim to make real estate more affordable and accessible, providing high-quality service at a reduced cost. Their approach is particularly appealing if you’re looking to maximize your budget whether buying or selling property.

Our Review of Redfin 

Redfin sets itself apart with its real-time MLS updates, ensuring that the property listings you see are always updated. This feature is especially useful if you’re looking to quickly respond to market changes, whether you’re buying or selling.

We’ve also explored Redfin’s user-friendly platform, which makes it easy for us to schedule home tours and open houses at your convenience. However, Redfin’s services aren’t as widespread in some regions, which may limit your options there. 

Overall, Redfin successfully combines technology with personal service to improve your real estate experience.

5. CompStak

CompStak

CompStak gives you access to a complete set of reliable commercial real estate data, all from one platform. It stands out for its strict data checks, ensuring you get only top-quality information from a network of over 35,000 professionals across the United States.

Moreover, the platform is known for its precise and comprehensive data, sourced through a unique blend of crowdsourcing and strict verification methods. It means you get detailed insights about commercial real estate transactions that are hard to find anywhere else.

If you’re deciding between CompStak and LoopNet, CompStak is all about the details. It gives you in-depth lease and sale comparisons, and analytics that are crucial for evaluating transactions. This makes it a go-to resource for appraisers and brokers who need accurate data.

LoopNet, on the other hand, is more about breadth. It’s a wide-ranging marketplace where you can list and find properties for sale or lease. It is a must-have tool for real estate agents and investors. However, LoopNet might be a better choice if you need a broader market view and want to increase visibility.

About CompStak

  • Founding year: 2011
  • Founders: Michael Mandel
  • Company Size: 100-150 employees

Features of CompStak

Here’s a deeper dive into the key features that make CompStak a critical resource for real estate professionals:

  • Lease Transaction Details: CompStak provides detailed insights into lease transactions, covering everything from rent rates and lease terms to tenant incentives. And the commercial real estate comps database helps you understand current market conditions.
  • Crowdsourced Data Model: The data at CompStak is sourced from a network of real estate professionals who anonymously share lease information. The crowdsourced approach ensures a diverse and comprehensive dataset that enriches your market knowledge.
  • Analytical Tools: With CompStak, you gain access to sophisticated analytical tools that empower you to generate custom reports and conduct competitive analysis. 
  • Geographical Coverage: CompStak’s platform covers a broad array of markets across the United States, offering valuable insights into both major urban centers and smaller regions. 
  • Data Accuracy and Validation: Each piece of data that enters the CompStak database is rigorously checked for accuracy. This stringent validation process guarantees that the information you rely on is both accurate and dependable.

Pros of CompStak

  • Detailed commercial property lease and sales comps.
  • Access to crowdsourced CRE data nationwide.
  • Verified and up-to-date transaction insights.
  • Advanced filtering for targeted property searches.
  • Free credits for brokers sharing comps.
  • Detailed analytics for commercial market analysis.

Cons of CompStak

  • Limited customization features for users
  • Inadequate customer support.

Pricing of CompStak

CompStak offers a unique approach to pricing with its CompStak Exchange platform, where you can access data for free by sharing your own. This give-to-get model provides detailed lease and sale comparables without any cost.

For broader needs, CompStak Enterprise serves larger entities such as banks and hedge funds with a subscription-based model that includes extensive data access and analytics tools. If you’re looking into CompStak’s premium services, they offer demos and personalized sales support to get you started.

Our Review of CompStak

We have rigorously tested and implemented CompStak in our workflow and are impressed by its effectiveness in delivering the best real estate leads for agents

The platform stands out for its extensive collection of lease, sale, and loan data, all verified for accuracy and covering a wide range of U.S. markets. On the downside, new users might find the wealth of information daunting, and the cost could be a hurdle for smaller companies. 

Nevertheless, CompStak has become an essential part of our strategy, providing market and business insights.

6. PropertyShark

PropertyShark

PropertyShark offers you a detailed and accessible database for real estate across the United States. It provides a wealthFounders: Matthew Haines of information, including ownership records, comprehensive property reports, and visual aids like maps and photos. 

Using this platform, you can access up-to-date information on zoning, permits, liens, and foreclosures. Plus, you’ll find PropertyShark user-friendly and accessible online, simplifying the way you navigate complex real estate information. 

If you’re comparing PropertyShark and Reonomy, it’s important to understand that they each serve different purposes in the real estate world. PropertyShark is great for getting detailed reports on properties and finding out who owns them. 

Reonomy, on the other hand, is all about big-picture analysis. It uses AI to analyze a wide range of property transactions, allowing you to make strategic investment decisions. So, if you need to do a lot of market analysis and use predictive insights to guide your decisions, Reonomy is a more comprehensive tool for you.

About PropertyShark

  • Founding year: 2003
  • Company Size: 70—100 employees

Features of PropertyShark

PropertyShark is one of the commercial real estate data providers that offers professionals extensive information. Here are some of the core features that make PropertyShark a valuable resource:

  • Detailed Property Reports: PropertyShark offers in-depth reports that include ownership data, property characteristics, and historical pricing information.
  • Foreclosure Listings: The platform specializes in providing up-to-date and detailed listings of foreclosed properties. This feature is particularly useful with commercial real estate investor databases for potential deals below market value.
  • Property Maps and Zoning Information: You can access detailed maps showing property boundaries, zoning information, and other critical geographical data. 
  • Ownership and Title History: PropertyShark allows you to trace title history, including past ownership, liens, and transfers. This insight is crucial for due diligence and avoiding potential legal issues.
  • Permit and Land Use Data: The platform includes information on building permits and land use, enabling users to assess the feasibility of future developments or renovations.

Pros of PropertyShark

  • Accurate NYC property data with detailed owner information.
  • Reliable owner contact information including phone numbers.
  • Powerful filtering options and advanced search tools.
  • Updated sales history along with title documents and property deeds.
  • In-depth zoning information, including FAR details.

Cons of PropertyShark

  • Limited coverage outside NYC and major cities.

PropertyShark Pricing

PropertyShark offers personalized subscription plans based on your needs and location, providing access to detailed real estate data including property reports and ownership records. 

You can choose monthly or yearly billing, with the yearly option offering a cost-saving similar to two monthly payments.

For larger organizations, PropertyShark provides corporate subscriptions at discounted rates, which include free training. This option is ideal if you need access for multiple users or ongoing extensive data use.

Our Review of PropertyShark

After extensively using PropertyShark, we’ve discovered its critical role in providing detailed real estate data. The platform gives us access to essential information, including ownership details, comprehensive property reports, and up-to-date foreclosure listings. 

However, new users might find the platform’s interface a bit overwhelming because of the vast amount of information it presents. Nonetheless, PropertyShark has helped us better understand the market and improve our real estate strategies.

7. Cherre

Cherre

Cherre provides a powerful platform that lets you integrate all your real estate data into one centralized location. This integration enables better decision-making across your organization, enhancing investment, management, and underwriting processes.

The platform offers tools for portfolio and asset management, leasing and property management, and acquisition and financing. You can get a comprehensive view of your entire portfolio in one place, create reports, monitor benchmarks, and optimize performance with ease.

When it comes to commercial real estate databases, Cherre and CoStar each have their own strength. Cherre is proficient at handling complex data sets. It gives you a platform that makes it easy to access data and boosts your ability to analyze it. This is useful for real estate professionals who need to manage a lot of data.

CoStar, meanwhile, offers a database covering all aspects of commercial real estate, from individual properties to market analytics. So, if you’re someone who needs to explore markets and properties, CoStar is a better solution for you due to its extensive coverage.

About Cherre

  • Founding year: 2016
  • Founders: Ben Hizak and L.D. Salmanson
  • Company Size: 100-150 employees

Features of Cherre

Cherre is a leading real estate data management platform that integrates and analyzes vast amounts of property data to support informed decision-making. Here are some of its main features:

  • Data Integration: Cherre excels in connecting and centralizing different data sets from public and private sources. This integration provides a comprehensive view of properties, markets, and trends.
  • Advanced Analytics: The platform employs sophisticated analytics to help users uncover patterns and insights that are not immediately apparent.
  • Customizable Dashboards: Cherre provides customizable dashboards that allow you to customize the interface and display data to their specific needs.
  • Real-Time Updates: The platform offers real-time updates, ensuring that all data reflects the current state of the market. This is important for professionals who rely on the timeliness of data to seize opportunities and mitigate risks.
  • API Access: Cherre offers API access, allowing you to integrate Cherre’s rich data capabilities with their own applications and workflows. This feature promotes greater efficiency and automation within users’ existing systems.

Pros of Cherre

  • Unified platform for all property data.
  • AI-driven insights for better decisions.
  • Integrates public, private, and third-party data.
  • In-depth analytics for real estate markets.
  • Efficient processing of large property datasets.

Cons of Cherre

  • Initial setup can be complex and time-consuming.
  • Limited customizability for specific user needs or workflows.

Cherre Pricing

Cherre doesn’t list specific pricing on its website, indicating it offers customized plans based on each client’s needs. 

To understand Cherre’s pricing, you’ll need to contact their sales team directly. This personalized interaction allows you to discuss your specific requirements and how Cherre can support your business, ensuring you get a package that fits your needs.

If you’re interested in Cherre, start by reaching out to their team to explore options and potentially negotiate terms based on your usage and data needs.

Our Review of Cherre

Taking a close look at Cherre we found it to be highly effective at merging various commercial real estate data sources into a user-friendly platform. This consolidation significantly improves our ability to make well-informed decisions in real estate.

However, you might find the platform’s complexity a bit challenging, especially if you’re not tech-savvy. The initial setup and customization it requires could also be daunting. 

Although Cherre has its challenges, it gives you a distinct competitive edge if you know how to use it. 

8. Crexi

Crexi

Crexi is a commercial real estate platform that simplifies the process of buying, selling, and leasing properties. It serves as a complete marketplace where brokers, investors, and buyers can connect easily to complete transactions. On Crexi, you can access a variety of features, including extensive property listings.

The platform is designed with user-friendliness in mind, making it easier for you to navigate and find properties that meet your specific needs. Whether you’re looking for retail, office, industrial, or multifamily properties, Crexi provides detailed information, to improve your property analysis process.

When you’re stacking Crexi against CompStak, you’ll notice that Crexi is a wide-ranging hub where you can buy, sell, or lease properties. It’s designed to make transactions smooth and the market easy to reach. Meanwhile, CompStak is your go-to for in-depth lease and sale comparisons, as well as property details. 

It’s ideal if you need thorough analysis for figuring out present value of a property and spotting market trends. However, if you want a platform that engages directly with the market and offers a diverse array of options, Crexi stands out as the better option.

About Crexi

  • Founding year: 2015
  • Founding team: Mike DeGiorgio
  • Company Size: 300—400 employees

Features of Crexi

Crexi is a dynamic commercial real estate platform that simplifies transactions for brokers, buyers, and tenants. Here are some of the features:

  • Comprehensive Listings: Crexi offers a vast array of commercial property listings across the United States, including retail, office, industrial, and multifamily properties.
  • Auction Platform: The platform features a robust auction system that allows buyers to bid on properties online, providing a transparent and efficient purchasing process. 
  • Market Research and Insights: Crexi provides users with up-to-date market data and trends, enabling them to make informed decisions based on the latest industry insights. 
  • Lease Marketplace: In addition to sales, Crexi operates a lease marketplace where users can find leasing opportunities or list their available spaces. This dual functionality makes it a comprehensive resource for all commercial real estate needs.
  • CRM and Marketing Tools: Crexi equips real estate professionals with CRM tools to manage their customer relationships and marketing tools to effectively promote their listings. 

Pros of Crexi

  • Comprehensive listing service for a variety of property types.
  • User-friendly interface with easy search and connectivity features.
  • Auction functionality to facilitate quick sales.
  • Provides market insights and analytics.
  • Includes lease management and marketing automation tools.

Cons of Crexi

  • Expensive for smaller real estate businesses.
  • Customer support response times can be slow.
  • Requires technical knowledge to fully utilize all features

Crexi Pricing

Crexi offers several plans ranging from a free basic option to advanced PRO subscriptions designed for comprehensive real estate management. These PRO plans include enhanced features for listing management, marketing, and data analysis, suited for different professional needs.

For detailed insights into each plan and to find the right fit for your business, Crexi encourages a personalized demo. This helps you understand the services and costs involved, ensuring you choose a plan that matches your specific requirements.

Our Review of Crexi

We’ve taken a close look at Crexi and found that it offers a comprehensive platform ideal for handling commercial real estate needs. You’ll find a vast range of property listings across the nation on Crexi, along with detailed data such as lease rates.

What we found is that Crexi simplifies our search with advanced filters, allowing us to pinpoint properties that meet your specific criteria easily. However, if you face any challenges, their customer service is not available round the clock, which could be a drawback. 

It’s still a great resource for commercial real estate pros, despite its limitations.

9. LoopNet

LoopNet

LoopNet is one of the largest online platforms for commercial real estate, offering a vast marketplace for buying, selling, mortgage, and leasing properties. This platform is renowned not just for its range of listings but also for its valuable tools for property valuation and market trend analysis. 

Not to mention, LoopNet’s user-friendly interface ensures that finding the right property is straightforward and efficient. That makes it a perfect choice for professionals in the real estate industry to make informed decisions.

In comparing LoopNet and PropertyShark, LoopNet excels at providing a user-friendly interface for real estate agents to browse extensive listings. PropertyShark, however, offers in-depth property data and owner information, making it a valuable resource for detailed property research and market analysis. 

For agents focused on transactional activities and broad market accessibility, LoopNet is a better choice due to its comprehensive listing services.

Features of LoopNet

LoopNet is a premier online marketplace for commercial real estate, renowned for connecting buyers, sellers, and renters with vast property listings. Here are the features you can expect:

  • Extensive Property Listings: LoopNet features a wide range of commercial properties, including office spaces, retail locations, and industrial warehouses.
  • Advanced Search Filters: The platform offers advanced search capabilities that allow users to filter properties by type, location, price, and more.
  • Market Trends and Insights: LoopNet provides valuable market insights and trend data to help users understand the commercial real estate landscape. 
  • Email Alerts: Users can set up email alerts to receive notifications about new listings that meet their criteria. This ensures they don’t miss out on potential opportunities as soon as they hit the market.
  • Broker Profiles: LoopNet also allows brokers to create detailed profiles to showcase their listings and professional backgrounds. It’s one of the best ways to increase their visibility and help build trust with potential clients.

About LoopNet

  • Founding year: 1995
  • Founding team: Dennis DeAndre
  • Company Size: 400—500 employees

Pros of LoopNet

  • Extensive listing of properties across the United States.
  • User-friendly interface that simplifies property searches.
  • Offers tools for property valuation and market trend analysis.
  • High-quality photos and detailed property descriptions.

Cons of LoopNet

  • Subscription models can be expensive for small users.
  • Some areas may have limited property listings.

Pricing of LoopNet

LoopNet offers advertising packages designed to enhance property visibility on its platform and the broader CoStar network. The packages vary from basic to premium levels, including Diamond, Platinum, Gold, and Silver options, each providing different levels of exposure and marketing tools.

For instance, the Diamond package places your listing at the top of search results, adding professional photos, 3D tours, and custom content to make your property stand out. On the other hand, the Silver package offers great exposure with a larger ad placement compared to the basic service.

To find the best fit for your needs and budget, contact LoopNet directly. They can guide you through their package options to ensure your property gets the visibility it deserves.

Our Review of LoopNet

Since we’ve added LoopNet to our commercial real estate toolkit, we’ve expanded our market presence and improved our property transactions. 

LoopNet offers a wide range of listings and strong search tools that help us quickly locate exact investment opportunities and attractive properties. 

However, the large number of listings can sometimes be daunting, and careful attention is needed in highly competitive markets. Even so, LoopNet has proven to be crucial for keeping us ahead in the fast-paced commercial real estate sector.

10. Ten-X

Ten-X

Ten-X is a cutting-edge online real estate platform that transforms the way properties are bought and sold with its digital transaction system. It’s a real estate database that allows you to participate in live and timed auctions from anywhere in the world, enabling investors and sellers to reach a wider market.

The platform incorporates advanced technology to improve your experience and ensure reliable transactions. With its interactive dashboard, you can easily follow auction progress and get real-time updates on properties that interest you.

As compared to Redfin, Ten-X specializes in commercial properties. It offers a robust online auction system that streamlines transactions for investors and brokers looking for commercial opportunities. 

Redfin, however, primarily serves the residential market, offering listings, buying, mortgage, and selling services via local agents. For commercial real estate transactions, particularly those seeking streamlined, large-scale auction opportunities, Ten-X is the superior platform. 

Features of Ten-X

Ten-X offers various features designed to simplify the real estate process for brokers, sellers, and buyers. Here are some key features of Ten-X:

  • Online Auctions: Ten-X offers online auctions for commercial properties. These auctions provide a fast and efficient way to buy or sell properties online.
  • Due Diligence Materials: The platform provides comprehensive due diligence materials. This information helps buyers make informed decisions before bidding on properties.
  • Wide Market Reach: Ten-X reaches a large audience of potential buyers. This wide market exposure helps sellers attract more interest in their properties.
  • Negotiated Sales: Ten-X also offers negotiated sales for commercial properties. This feature allows buyers and sellers to agree on a price without an auction.
  • Interactive Property Listings: The platform provides interactive property listings with detailed information. These listings make it easy to view property details and features.

About Ten-X

  • Founding year: 2007
  • Founders: Jeffrey Frieden, Monte Koch, Robert Friedman
  • Company Size: 1,300—1,500 employees

Pros of Ten-X

  • Streamlines real estate transactions with digital auctions.
  • Global access to buyers and sellers to participate from anywhere.
  • Detailed property information and analytics for informed decision-making.
  • Helps sell high-demand assets quickly.
  • Reaches a broad audience, including tertiary markets

Cons of Ten-X

  • The auction format may not be suitable for all buyers & sellers.
  • Limited control over auction timelines.

Ten-X Pricing

Ten-X operates as a leading digital auction platform for commercial real estate, making the process of buying and selling properties online seamless and efficient. 

For sellers and brokers, using Ten-X is cost-free, which means there are no direct charges for listing or selling properties through their platform.

The platform aims to provide significant reach and speed in transactions by integrating with LoopNet and CoStar, enhancing visibility and control for all parties involved. 

The 3D tours, professional photography, and strategic digital marketing ensure that properties get maximum exposure at no additional cost.

Our Review of Ten-X

Since we’ve started using Ten-X in our commercial real estate operations, we’ve seen how it transforms the way we find and buy properties. Ten-X offers easy-to-follow bidding procedures and an extensive selection of properties for its all-inclusive online auctions.

This efficiency lets us identify and lock in investments quicker than traditional ways. However, auctions can drive prices up rapidly, and the online-only setup might not be ideal for every investor who prefers to inspect properties in person.

Despite these factors, Ten-X greatly reduces transaction times, linking us with a variety of potential investments in an efficient manner.

Why is a Commercial Real Estate Database Important?

A commercial real estate database is important for anyone involved in the property market. And here’s why it is important:

Why is a Commercial Real Estate Database Important

Comprehensive Data at Your Fingertips

A commercial real estate database provides detailed information about properties. This data is vital for thorough market analysis and property valuation, helping investors and brokers accurately assess potential investments and plan strategically.

Stay Ahead of Market Trends

These databases gather both historical and current market data, enabling you to identify trends and forecast future market movements. With this knowledge, you can make well-informed decisions on buying, selling, and developing properties.

Networking Made Easy

Commercial real estate databases also include contact information for property owners, brokers, and other key players, which facilitates networking. This improved connectivity can speed up deal closures and open up new partnership opportunities.

Streamline Your Transactions

Having all the necessary data in one place streamlines transactions, making them smoother and quicker. Real estate professionals can manage due diligence processes more effectively, cutting down the time it takes to go from listing to closing. In a competitive market, this efficiency is crucial for staying ahead.

Things to Consider When Choosing a Commercial Real Estate Database

Choosing the right commercial real estate database is essential for maximizing your efficiency and success in the property market. Here’s what you need to consider:

Things to Consider When Choosing a Commercial Real Estate Database

Data Coverage and Depth

Ensure the database includes extensive coverage of the types of properties you are interested in. Check that it provides in-depth information on property characteristics, transaction history, and current market status.

Data Accuracy

When choosing a commercial real estate database, data accuracy is important. You want to ensure that the listings and market information you see are reliable. Make sure to pick a database known for keeping its information up-to-date and trustworthy.

Update Frequency

The real estate market changes rapidly, so it’s important to choose a database that is updated frequently. Regular updates ensure you have access to the latest information, which is vital for maintaining competitive advantage. 

User Interface and Accessibility

The database should have a user-friendly interface that allows you to navigate and extract information easily. Consider whether the database is accessible from various devices or not. Good technical support is also important in case you encounter any issues while using the database.

Integration Capabilities

Check if the database can integrate with your existing systems, such as your CRM or analytics tools. Integration capabilities can significantly enhance workflow efficiency by allowing seamless data flow and reducing manual data entry. 

Cost vs. Value

Assess the subscription costs and compare them against the value it brings to your business. Consider if the database offers tiered pricing or customizable plans that can be adjusted as your needs change. Be wary of hidden costs and ensure the pricing structure is transparent.

Conclusion

In conclusion, choosing the right commercial real estate database is important for making informed decisions and succeeding in the market. 

With many options available, it’s important to consider factors like data accuracy, user interface, and value for money. The right database can help you find properties, analyze trends, and connect with potential partners. 

If you’re searching for the right database for your real estate campaign, go for Swordfish AI. Swordfish AI offers reliable data and useful features for professionals who want to stay ahead in the competitive real estate market.

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FAQs

1. What is a commercial real estate database?

A commercial real estate database is an extensive collection of data about properties available in the commercial sector. This tool is essential for professionals looking to access comprehensive information to make informed real estate decisions.

2. How often is the data in a commercial real estate database updated?

The frequency of updates in a commercial real estate database can vary, but the best databases offer real-time updates. Regular updates help maintain the accuracy and relevance of the data used for market analysis and decision-making.

3. Can a commercial real estate database integrate with other business tools?

Many high-quality commercial real estate databases are designed to integrate seamlessly with other business tools. Integration capabilities allow for a more streamlined workflow and can enhance the overall efficiency and productivity of a real estate business.

4. Can I get a free commercial real estate database?

Free commercial real estate databases are rare, but there are options like LoopNet and CommercialCafe that offer some listings for free. However, to access more detailed information or listings, you often need to subscribe to a paid service like CoStar or Crexi.

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