Crexi Expands Lease Data Offering: Unlocking Insights for CRE Professionals

Crexi is excited to announce the expansion of its Lease Data offering, available across more than 1.5 million commercial spaces nationwide. This enhanced data suite provides commercial real estate (CRE) professionals with the most up-to-date and comprehensive lease insights available on the market, all in one place.

With the integration of detailed lease data—including tenant information, lease terms, financial specifics, and market trends—Crexi All PRO and Intelligence users now enjoy unparalleled access to insights that will significantly enhance their negotiation strategies, investment analysis, and property valuations.

What’s New in Crexi Lease Data?

Crexi’s expanded Lease Data offers a range of features that empower users with critical information, including:

• Tenant Details: Comprehensive information on tenants, including industry, whether they’re credit rated, CMBS tenant info, and contact details.
• Lease Terms: Start and end dates, lease duration, renewal options, rent bumps, and other crucial terms.
• Financial Information: Base rent, effective rent, rent concessions, CAM charges, and operating expenses.
• Market Data: Real-time market rent trends, vacancy rates, and comparable properties.
• Property Details: Square footage, property type, location, and building class.

How do we get this data? Our proprietary technology handles the complex work of extracting data from OMs, Comps, flyers, and more, all publicly available in our Marketplace, so you can access the critical information you need. We’re all about transparency and reliability, using high-value data sources to provide the most accurate and up-to-date information, all in one convenient packaging for easy access.

Benefits for Brokers and CRE Professionals

Brokers: Enhanced Negotiation and Pricing Strategies

Investors: Improved ROI Assessments

Investors can now assess potential return on investment (ROI) more effectively by comparing lease rates and terms with market averages. Additionally, tenant and lease duration information help investors gauge potential investments' stability and risk profile, enabling smarter decision-making.

Analysts: Market Trend Forecasting

For market analysts, Crexi’s expanded lease data works with our Market Reports feature to provide valuable insights into emerging market patterns, helping identify trends and forecast future lease rates. Historical lease data also supports accurate forecasting for a more comprehensive market analysis.

Appraisers & Assessors: Accurate Property Valuations

Appraisers can use lease data to determine the fair market value of properties, ensuring valuations are current and reliable. The detailed lease data also aids assessors in conducting accurate property and tax assessments, leading to fairer outcomes.

Developers: Feasibility Studies and Site Selection

Developers benefit from lease data when conducting feasibility studies for new developments, able to make informed decisions about site selection and project viability by comparing projected lease rates based on existing lease data.

User Experience Updates

While access to lease data is crucial, the ability to navigate and interpret is just as relevant. To enhance the user experience, Crexi has introduced new interface features for simplified navigation and data accessibility:

• Tabbed View: Property detail pages now include organized tabs for “Record,” “Sale Data,” and “Lease Data” to more easily find relevant data.
• Filter Drawer: We’ve made it easier to narrow your search results to the data you’re looking for by introducing new filters for lease data, including a base rate toggle and more.

Lease Data & The Competitive Advantage

Crexi’s lease data coverage includes over 1.5 million commercial spaces across key markets, nationwide.. With a more interactive and extensive approach to lease data, we hope to foster easy usability and ensure that the most current market information is readily available when needed.

How to Access Crexi’s Lease Data

Crexi’s Lease Data is available exclusively to All PRO  and Intelligence users, offering premium access to this valuable information. Whether you’re looking to prospect for new opportunities, develop pricing strategies, or assess investment risks, Crexi’s expanded Lease Data is an essential tool for navigating the CRE landscape.

What’s Next?

Expanding our Lease Data is part of a larger initiative to provide CRE professionals with the most transparent, reliable, and actionable data available. Lease insights, CMBS tenant data, and leasing Market Reports are just a few of the great data enhancements we’ve added to Crexi Intelligence in the second half of 2024. Our team is hard at work to bring you the highest quality data experience, further solidifying Crexi as the go-to platform for comprehensive commercial real estate insights.

Our commitment is to deliver valuable data tools that empower its users to make smarter, data-driven decisions in the competitive world of commercial real estate. Stay tuned for more updates as we continue to enhance the Crexi platform with new data and features.

PS: If you're interested in trying out the latest innovative Crexi products and features before they're released, sign up for our product Early Access program!