MIAMI — The MIAMI Association of Realtors Commercial (MIAMI Commercial) has partnered with CompStak, the leading provider of commercial real estate comparable data and analysis, in an exclusive alliance that will give MIAMI Commercial members cutting-edge, real-time tenant transaction data so they can better serve their clients.
“Finding reliable leasing comps has been a unique challenge for our commercial members,” MIAMI Commercial President Fernando Arencibia Jr. said. “CompStak has built an extensive database of real-time leasing data. MIAMI Commercial members will use this market intelligence to become better at their craft, and their respective South Florida clients will benefit immensely from that knowledge.”
CompStak provides unmatched insight into commercial real estate markets by gathering information that is hard to find, difficult to compile, or otherwise unavailable. The robust dataset features lease comps, sales comps and property details submitted by verified professionals at commercial brokerages and appraisal firms nationwide. With CompStak, MIAMI Commercial members can utilize granular lease and sales comps with data points such as starting rent, concessions, net operating income and cap rate for more informed decisions.
No other South Florida association provides these types of tools and market trends to its commercial members.
All MIAMI Commercial members qualify for special benefits on the CompStak platform. MIAMI Commercial members will receive 15 free leasing comparisons after registration. MIAMI Commercial professionals who provide third-party commercial real estate brokerage or appraisal services are afforded promotional comps on the CompStak Exchange platform. MIAMI Commercial members at investment firms and banks, who are new to the CompStak Enterprise platform will receive a 7-day free trial and 10% discount.
With CompStak data, MIAMI Commercial members will be able to leverage visibility into the existing tenant mix of buildings to better understand an asset’s market position. They will also gain real-time market intelligence across any group of leases, properties, or locations for critical leasing metrics, including net effective rent and lease term.
“We couldn’t be more excited to partner with MIAMI Commercial. As the largest Realtor association in the U.S., the MIAMI Association of Realtors and MIAMI Commercial drives the success of real estate professionals in South Florida. MIAMI Commercial serves as the conduit to broaden CompStak’s reach to the most forward thinking real estate professionals in Miami and beyond,” said Michael Mandel, Co-Founder and CEO of CompStak, said.
To learn more about the MIAMI Commercial-CompStak partnership, visit https://go.compstak.com/miamicommercial
CompStak creates transparency in commercial real estate markets by gathering information that is hard to find, difficult to compile, or otherwise unavailable. Since 2012, CompStak has delivered this unmatched insight to a network of tens of thousands of members and clients, including Tishman Speyer, Wells Fargo, Vornado, SL Green, and every major brokerage nationwide. CompStak Exchange is an exclusive platform for CRE brokers, appraisers, and researchers to get analyst-reviewed commercial lease comps, sales comps, and property details at no charge. Through CompStak Enterprise and CompStak Analytics, lenders, landlords, and investors can access granular CRE transaction information and market analytics. Learn more at www.compstak.com.
About the MIAMI Association of Realtors
The MIAMI Association of Realtors was chartered by the National Association of Realtors in 1920 and is celebrating 100 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations, the Residential Association, the Realtors Commercial Alliance, the Broward-MIAMI Association of Realtors, the Jupiter Tequesta Hobe Sound (JTHS-MIAMI) Council, the Young Professionals Network (YPN) Council and the award-winning International Council, it represents 52,000 total real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local Realtor association in the U.S. and has official partnerships with 223 international organizations worldwide. MIAMI’s official website is www.MiamiRealtors.com