NEWS

June 28th, 2017 by Xceligent

Posted in: National, Press Releases

Media Contact: Sam Lewis 513-907-2518 slewis@xceligent.com Xceligent Sues CoStar for Antitrust Violations   Cites Monopolistic Behavior and Anticompetitive Practices KANSAS CITY, MO (June 28, 2017) —Xceligent, a leading provider of commercial real estate information, filed an antitrust suit today against CoStar Group (Nasdaq: CSGP) to protect the commercial real estate industry from CoStar’s monopolistic business practices.  Xceligent is fighting to prevent CoStar from blocking the commercial real estate (CRE) industry’s ability to freely share its information. In its filing, Xceligent states: CoStar knowingly contaminates broker listings and

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January 27th, 2017 by Xceligent

Posted in: National

Xceligent Files Motion to Dismiss CoStar’s Lawsuit

Today, Xceligent took its first action in response to the lawsuit brought by CoStar (December 2016) by filing a “motion to dismiss.” This filing asks the judge to dismiss, or throw out, CoStar’s lawsuit and further states that the lawsuit is completely without merit and is driven by anti-competitive fervor.

The filing today cites that CoStar is “famously litigious,” and known throughout the industry to stifle and bully the competition and for employing litigation to

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September 15th, 2017 by Xceligent

Posted in: National, Press Releases, Uncategorized

Media Contacts: David Mendel david.mendel@HAR.com 713.629.1900 x258 Sam Lewis slewis@xceligent.com 513.907.2518 Xceligent, HAR, and CommGate Assist Commercial Tenants Displaced by Hurricane Harvey Houston, TX (September 15, 2017) – Xceligent, the Houston Association of REALTORS® (HAR), and Commercial Gateway (Commgate) are providing information on temporary commercial space to assist businesses displaced by the unprecedented devastation of Hurricane Harvey. The organizations worked together to compile and publish an application that helps commercial tenants quickly find short-term lease options available in the area. This temporary space finder is available at www.CommGate.com “Houston

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July 10th, 2017 by Xceligent

Posted in: National, Press Releases

Xceligent and IdealSpot Form Strategic Partnership

Will provide commercial real estate retail sector with unique and powerful combination of research, technology and location-based analytics

New York, NY July 10, 2017– Xceligent continues to expand the offerings of integrated workflow solutions within its open and collaborative commercial real estate ecosystem with the strategic partnership with IdealSpot, a revolutionary location-based retail demand analytics platform based in Austin, TX. The business environment for the retail real estate sector is more dynamic, fast paced and

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June 16th, 2017 by Xceligent

Posted in: National

Trends and Predictions for Industrial Real Estate from NAIOP I.CON Conference Wayne Grohl The CommercialSearch Source Last week, more than 600 attendees attended the NAIOP I.CON Conference to learn more about the trends that will be impacting industrial real estate.  Topics included: the impact on possible changes in trade agreements, the development of supply chain management allowing for nearly instant delivery of products and the impact of cannabis legalization in many states. Key highlights from the panel discussions include: There is a major

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June 14th, 2017 by Xceligent

Posted in: National

Walgreens Rite Aid Purchase Hits Antitrust Snag Wayne Grohl The CommercialSearch Source With 13,200 stores in 11 countries including over 8,100 in the USA, Walgreens Boots Alliance, home to the venerable Walgreens drugstore brand, made big news in October 2015 when it announced its intention to acquire national drug chain Rite Aid. Rite Aid’s 4,600 stores across the US would join Walgreens in a mega-deal — pending approval by the Federal Trade Commission. Read More >>>

June 8th, 2017 by Xceligent

Posted in: National

Chain Pain: Touring The Disruptions In Casual Dining Wayne Grohl The CommercialSearch Source Sally Smith, CEO of Buffalo Wild Wings (1,235 locations) has some words of dire caution for the casual dining industry. In a fight with activist investors over the direction of the company she leads, Smith attributed the company’s recent ills to sea changes in how younger customers — millennials — approach eating out. “Casual dining restaurants face a uniquely challenging market today,” wrote Smith in a letter to shareholders. Citing observed

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June 5th, 2017 by Xceligent

Posted in: National

Five Googie Architecture Properties (And Nearby Available Listings) In Los Angeles Wayne Grohl The CommercialSearch Source The mid-century commercial architecture style called Googie was named for the 1949 Los Angeles coffee shop bearing the same name.  Originated by Frank Lloyd Wright assistant John Lautner, the Googie style is iconic for its ultra-modern, space-age look.  The commercial construction craze for cantilevered roofs and eccentric curves took off nationally from coffee shop roots on the L.A. corner of Crescent Heights and Sunset, spreading an aesthetic reflecting two huge phenomena of

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June 5th, 2017 by Xceligent

Posted in: National

Six Amazing Takeaways From ICSC RECon Wayne Grohl The CommercialSearch Source “What goes on in Las Vegas stays in Las Vegas,” goes the familiar TV commercial. But for three days last week the town played host to ICSC RECon, the top retail real estate conference of the year, and the news is too good to keep quiet. The commercial RE industry’s retail property market professionals met to share knowledge and stay on top of the latest offerings in technology, data, business intelligence and every other facet

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May 25th, 2017 by Xceligent

Posted in: National

Telecommuting Turnaround: IBM Changes Its Tune On Remote Working Wayne Grohl The CommercialSearch Source The telecommuting trend has contributed to disruption of office space demand patterns over the years, depending on locality. Also, we’ve covered the telecommuting trend here at CRE Blog before. While it is tough to put the effect of remote working into terms of a market’s absorption rate or development pipeline, the technology industry’s line about remote working has been more or less unchanging, touting reducing real estate costs and

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May 24th, 2017 by Xceligent

Posted in: National, Press Releases

Xceligent and CompStak Forge New Partnership New York, NY (May 24, 2017) – Xceligent and CompStak, leading providers of verified commercial real estate information, announced today that key components of CompStak Exchange will be integrated into Xceligent’s CDX and Pro platforms beginning this summer. To date, CompStak has crowdsourced more than one million analyst-verified commercial lease comps from a nationwide network of brokers, appraisers, and researchers. The New York-based startup is delivering unprecedented, real-time visibility into leasing activity in dozens of markets across the

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