INDEPENDENCE, Mo., Aug. 16, 2012 (GLOBE NEWSWIRE) -- Beginning the first phase of a national expansion covering the 65 largest U.S. markets, Xceligent, Inc. announces the launch of its commercial real estate information service in the Phoenix market. Xceligent is the fastest growing nationwide provider of proactively researched commercial real estate solutions.
Xceligent 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 the 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.
"We're excited to launch our aggressive national expansion effort in Phoenix," says Doug Curry, Xceligent CEO. "Maricopa County is a community we have long set our sights on growing into and we're excited the commercial real estate community is embracing our efforts to be here."
A team of forty Xceligent drivers has already begun inspecting commercial properties in the Phoenix area, expecting to exceed 25,000 inspected buildings by the time the service goes live in the Fourth Quarter of this year. It will also include a comprehensive inventory of all availabilities for lease or sale, historical transfers of ownership, and tenant rosters that have been verified for significant buildings. The end result will be a robust system of proactively researched and verified building information, photography, parcel boundary outlines and other vital information.
"Our entrance into Phoenix means there are now two national providers of commercial real estate information in the market," Mr. Curry says. "That results in higher quality of information and a more competitive environment that is healthy for everybody."
Please visit Phoenix.Xceligent.com for more information.
About Xceligent
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 one 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, Marketing@Xceligent.com, 816.303.2809
The Xceligent, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12779