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What is Crexi?

Updated: Jul 28, 2023

Crexi is a commercial real estate marketplace and technology platform that facilitates buying, selling, and leasing commercial properties. Crexi stands for "Commercial Real Estate Exchange, Inc." The platform aims to simplify and streamline the process of commercial real estate transactions by connecting buyers, sellers, and brokers in one online marketplace.

Key features and services offered by Crexi include:

1. Listings: Crexi provides a vast database of commercial property listings, including office buildings, retail spaces, industrial properties, multi-family units, and more. Users can search for available properties based on various criteria such as location, property type, size, and price.

2. Listing Management: Sellers and brokers can create and manage their property listings on the platform, adding property details, images, documents, and contact information.

3. Auctions: Crexi offers a unique feature called "Crexi Auctions," where commercial properties can be listed for auction-style sales. This format allows for competitive bidding among potential buyers, potentially accelerating the sale process.

4. Virtual Deal Rooms: Crexi provides a secure virtual deal room for each property listing, enabling interested parties to access and review due diligence documents and financial information.

5. Marketing Tools: Crexi offers marketing tools to help sellers and brokers promote their listings to a targeted audience of potential buyers and tenants.

6. Analytics and Insights: The platform provides data analytics and insights to help users make informed decisions about commercial real estate investments and market trends.

It's important to note that the features and offerings of commercial real estate platforms like Crexi may evolve over time. For the most current information about Crexi and its services, it's recommended to visit their official website or contact their customer support directly.

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