Wednesday, November 25, 2009

Here is an answer to a recent LinkedIn question that I thought would be good to share...

Q: Where do you typically get your commercial real estate information?
I am talking listings, news, comps, etc. The obvious answer is the leading company that charges exhorbitant fees for very good information. Do you, or does your office, pay those fees, or do you use the "fragmented" (using a combination of sites that each offer a little of what I need) search approach that I have been using? How about the MLS? How useless could that really be for commercial real estate information?

A: For finding properties for sale, it is hard to beat Loopnet, CoStar and Cityfeet. For in-depth ideas and cutting edge answers to C/I issues, the best is Commercial Investment Real Estate (The Magazine of the CCIM Institute). You can view it online at (or go to, click on "Resources" and then click on "CIRE Magazine". I use to be the chairman of its editorial committee and can promise you that it will provide you with a lot of food for thought. In the current issue you will find articles on Troubled Assets, Re-Useful, The Auction Advantage, Capital Markets Conundrum, Investor Insights, Cost Segregation Solutions, QI (Qualified Intermediary) Questions, Leasing Green, Market Trends, International Outlook, Regional Outlood etc... Hope this answer helped.