The International Council of Shopping Centers (ICSC) has announced the launch of ICSC Marketplaces IQ, a centralized platform to search commercial and retail properties for lease or sale, perform market research, and conduct analyses.
According to ICSC, the new platform aggregates information from 15 distinct data sources, including Brevitas, Biproxi, Crexi, Land Broker MLS, OfficeSpace.com and TotalCommercial.com in order to provide access to more than 800,000 active commercial real estate listings and 56 million off-market properties. The data available on this platform includes demographic, lifestyle and behavior data for the listed properties’ markets, and users will be able to conduct investment analyses and site selection utilizing nearly a billion Esri data points. Data available includes spending, sales volume, traffic counts, drive times, and tax information, and more.
The new platform is being operated in partnership with Realtors Property Resource LLC (RPR), a wholly owned subsidiary of the National Association of Realtors. In addition to being a resource for members, Marketplaces IQ will put ICSC member properties, loaded into ICSC’s Networking Platform, in front of 1.5 million potential users of RPR’s platform.
“We are excited to partner with RPR to provide our members with new resources and industry insights to drive their decision-making and ultimately grow their businesses,” said Tom McGee, ICSC president and CEO. “ICSC Marketplaces IQ is the perfect complement to our existing product and service offerings and will further enable us to foster the important connections that support and advance the Marketplaces Industry.”
“The Marketplaces Industry is a pillar of the communities in which we live and the spaces where people live, work, dine, and play,” McGee added. “Through our ICSC Marketplaces IQ product, we’re better able to support our members in their efforts to elevate those spaces.”