Xceligent Inc., a commercial real estate information provider, is moving its headquarters from Independence to Blue Springs and will create more than 200 new jobs there.
The company, which plans to relocate employees from Independence and Lee’s Summit, leased 40,000 square feet for the new headquarters at 101-105 S.E. Magellan St.
The company’s expansion in Blue Springs will include $525,000 in capital investment, the Missouri Department of Economic Development said in a release. Amy Susan, an MDED spokeswoman, said the state is supporting the expansion with Missouri Works incentives that will be worth $1.5 million if job and investment criteria are met.
- CBRE Group, Inc., Colliers International, and Jones Lang LaSalle Americas, Inc. Support Xceligent’s National Expansion Efforts
- Xceligent Research Platform Complemented by CommercialSearch™, the national public marketing platform
INDEPENDENCE, MO – July 17, 2013 – Xceligent, Inc., a leading provider of proactively researched commercial real estate information and marketing solutions, is pleased to announce that CBRE Group, Inc., Colliers International, and Jones Lang LaSalle Americas, Inc. have signed multi-year agreements for Xceligent researched products. The agreements provide for access to the Xceligent platform in all existing and future US markets, including the 100+ markets to be launched as part of Xceligent’s national rollout of its comprehensive research solution.
Through the multi-year agreements, CBRE, Colliers International, and Jones Lang LaSalle professionals will be able to provide their clients comprehensive and certified market information to make well-informed business decisions, as well as provide exposure of their clients’ available properties to millions of potential buyers and lessors. Over its 14-year history, Xceligent has a track record of partnering with the industry, both nationally and at the local market level.
“The support of the global firms is an integral piece of our overall plans to successfully bring our services to the entire US market. We are thrilled to have three of the top US brokerage firms support our national expansion plans, which will accelerate market penetration,” said Doug Curry, Xceligent founder and CEO. “These relationships will enrich the competitive landscape for commercial real estate information and lend tremendous credibility to our mission and objectives.”
In 2012, Xceligent received a strategic investment from dmg::information (dmgi), the US information division of DMGT that manages and develops a portfolio of high-growth, innovative companies that provide business-to-business information to the commercial real estate, education, energy and commodity and structured finance markets.
Suresh Kavan, CEO of dmg information said: “It is exciting to see such leading firms sign up for Xceligent’s services. It is a terrific vote of confidence in Xceligent’s continued market expansion and product innovation.”
Currently available in over 40 markets, Xceligent will next launch the Phoenix, Las Vegas, and Cleveland markets then continue the expansion into the largest 65 US markets by 2016. Xceligent provides fully researched information and marketing tools for companies involved in buying, selling, leasing, developing, appraising or managing commercial real estate. Xceligent’s core research product provides a comprehensive inventory of commercial properties, available spaces, tenants, sales comparables, demographic information and mapping tools. Xceligent works closely with advisory boards comprised of the leading professionals in each market to quarterly review the market conditions by verifying tenant movement and completed transactions.
Xceligent is concurrently creating a national property marketing platform, CommercialSearch™, for the broad marketing of available commercial properties across the country. Xceligent recently announced a strategic agreement with realtor.com® to provide advanced search and display functionality on realtor.com and to deliver commercial listings to the millions of monthly visitors to the realtor.com website.
About Xceligent, Inc.
Xceligent is the fastest growing provider of commercial real estate information in the country. Headquartered in Independence, Missouri, Xceligent is known to be a leader in customer service and has a long-standing history of partnering with the commercial real estate community. Xceligent is the exclusive provider of commercial real estate information to members of the National Association of REALTORS® through the REALTOR Benefits® Program, and is endorsed by leading commercial real estate trade organizations and brokerage firms as a preferred service for commercial real estate information. To learn more, visit www.xceligent.com.
Sam Lewis, SLewis@Xceligent.com, 816.303.2809
REALTOR.COM® TO PROVIDE COMPREHENSIVE COMMERCIAL LISTINGS CommercialSearch to display commercial listing content on realtor.com®
SAN JOSE, CA and INDEPENDENCE, MO May 15, 2013 – Realtor.com®, operated by Move, Inc. (NASDAQ: MOVE), and Xceligent, Inc., a leading provider of proactively researched commercial real estate information and marketing, today announced a strategic agreement to launch enhanced commercial search functionality on realtor.com® the official website of the National Association of REALTORS®.
As a result of this agreement, in the third quarter of 2013, Xceligent-owned site CommercialSearch.com (“CommercialSearch”) will begin powering amplified commercial functionality on realtor.com®. Realtor.com® users will have access to the hundreds of thousands of commercial listings Xceligent has aggregated into CommercialSearch from multiple sources including: its fully-researched markets, hundreds of MLSs, CIEs (Commercial Information Exchanges) of every market size, and the majority of the top 50 companies who provide commercial listings in the country. This combined information availability has made CommercialSearch one of the largest content sources of any public facing commercial real estate marketing site.
Xceligent has learned Vancouver, WA-based Holland Partners (www.hollandpartners.net) recently acquired The Bellagio, 5635 E Bell Road, Scottsdale, AZ, a 202-unit apartment community for $25,750,000 or $114,475 per unit. The property, which is located at the SE corner of E Bell Road and N 56th Street in Scottsdale, AZ, is well-positioned to enjoy many of Scottsdale’s finest retail, restaurant and golf and recreation destinations.
This acquisition for Holland brings their Phoenix area portfolio to seven communities which include three communities in Tempe, two in Scottsdale and one each in Phoenix and Mesa. This acquisition was financed through a group affiliated with Hendricks Berkadia (www.hendricksberkadia.com). The buyer secured a $19.5M loan representing 76% Loan to Value (LTV).
Xceligent has learned Tulsa, OK-based QuikTrip Corporation (www.quiktrip.com) recently acquired a 1.7-acre (75,891 SF) commercially zoned site in Phoenix for $1,861,996, or $24.53/SF. The property, which is located on the SE corner of the W Indian School Rd and N 43rd Ave signalized intersection, is positioned in close proximity to a now-closed K-Mart store at 4225 W Indian School Rd. This is a heavily developed retail area.
A portion of K-Mart’s parking lot, as well as an existing 5,650 SF (former) restaurant, will be demolished to make way for the new QuikTrip location. Sources familiar with the deal indicate that the buyer plans their newest-building prototype for the location.
Headlines and news featuring Xceligent from around the commercial real estate information industry.
MIlwaukee Business Journal
January 7, 2013
Despite a bump of vacant office space caused by Eaton Corp.’s move out of Milwaukee, the fourth quarter of 2012 closed the year with real estate moving in a positive direction, according to Xceligent Inc. and Commercial Association of Realtors Wisconsin.
Cincinnati Business Courier reporter Jon Newberry discusses the relocation of SentriLock, a subsidiary of NAR, from Sharonville to West Chester with local market information provided by Loren DeFilippo, senior regional director at Xceligent Inc. in Cincinnati.
Cincinnati Business Courier
November 30, 2012
“The National Association of Realtors acquired a vacant former window factory in West Chester for $3.6 million and plans to relocate its SentriLock LLC subsidiary in Sharonville.”
Here’s a listing of headlines and news featuring Xceligent from around the commercial real estate information industry.
November 28, 2012
Kenosha-based Bear Development LLC plans to spend about $5 million to convert a 57,626-square-foot office building at 700 W. Michigan St. in downtown Milwaukee into an apartment building, said S.R. Mills, president of Bear Development… The class B office market in the downtown west submarket has a vacancy rate of 32.6 percent according to Xceligent, but the apartment market is healthy and several projects are in various stages of development in and near the downtown area. The Michigan Street building should be much more successful as a residential building, Mills said. (Full Article)
Headlines and news featuring Xceligent from around the commercial real estate information industry.
The Source, blog by CommercialSource
November 12, 2012
Xceligent’s CEO Doug Curry has a rough job just talking about his job. The backstory of what Xceligent (an NAR Commercial Benefits Partner) does, who it does it with, for whom it does it, why, when and where is a very complex narrative, bringing together business research, computer science, commercial real estate, mergers and acquisitions, antitrust, and philosophy. (Full Article)
Xceligent, a commercial real estate information provider, announces NAI West, The Sun Products Corporation, and Freeport West Industrial Properties recently completed a 1,000,000 square foot lease at Freeport West Landmark Industrial Park, the largest transaction in Salt Lake City’s history.
The lease, executed in October, will allow Sun Products to better optimize its Salt Lake City distribution centers. By consolidating their warehousing from six buildings to two main distribution centers, the company will realize significant complexity reduction, better workforce utilization, reduced local transportation requirements (reduced emissions), and improved customer responsiveness.