Catylist Inc, a Chicago-based software company, and Corporate Connection Online Inc., a Chicago-based market research company, have partnered to create a new commercial real estate listing service.
The Chicago Commercial Database, www.ChicagoCDB.com delivers commercial real estate information to brokers, appraisers, investors, businesses, and others. The service helps users efficiently locate and evaluate property for sale or lease, market listings for sale or lease, and connect with the Chicagoland real estate community.
Since 1986, local researchers employed by the ChicagoCDB.com have compiled information on 40,000 buildings, 25,000 available listings and 8,000 professionals. ChicagoCDB.com will soon add 70,000 completed sales transactions (“comps”).
Catylist operates commercial listing databases in nearly 40 markets nationwide and has a significant presence in the Midwest — including Michigan, Indiana, Ohio, and Kentucky.
According to Dustin Gellman, CCIM, Catylist’s CIO, “Since 2002, we have sought a research partner capable of covering the broad and dynamic Chicagoland real estate market. We are excited to combine our software platform with the comprehensive research services from ChicagoCDB.com.”
“Rapid advances in internet technologies have provided new opportunities to deliver information. Catylist’s software will help our customers gain a competitive edge in the marketplace by providing instant access to comprehensive, timely, and accurate data,” said Randy Luke, president of ChicagoCDB.com.
For many years, veteran broker George Pappas of Hartford Associates envisioned a local commercial listing service. “The Chicagoland commercial real estate market is highly fragmented, and has badly needed a community-driven database. Ultimately, ChicagoCDB.com will provide real estate professionals better information to increase client service, save time, and do deals.”
ChicagoCDB.com offers two membership types and is open to everyone. Basic membership is available free, and permits users to add and update listings, as well as search a subset of the inventory. Full membership is available for $250/quarter and offers a broad range of search, marketing, and analytic tools. Additionally, users may connect the database to their websites, CRM databases, and other applications.
About Corporate Connection Online, Inc.
Corporate Connection Online has provided real estate information services to the Chicagoland community since 1986. Agents submit their listings to our research team, who processes, edits and enters information into our database. We deliver a full range of commercial property types for sale and lease, including: office, industrial, retail, multi-family apartments, vacant land, investment real estate, and business opportunities. To ensure a high degree of completeness, it is always free to add listings to our database.