Reonomy, a leading provider of commercial real estate data and software solutions, today announced it has added CBRE, the world's largest commercial real estate services and investment firm, as a client for its platform and applications to enhance data infrastructure and augment data granularity.
As a company focused on digital innovation, CBRE plans to leverage Reonomy's data and technology solutions in multiple use cases, which will help CBRE professionals make better-informed business decisions.
Currently, Reonomy maintains the commercial real estate industry's largest database of commercial property information, with data on over 50 million properties across the United States. Backed by over $68 million in venture capital, Reonomy has recently expanded their product offerings past software-as-a-service-based ("SaaS") web applications into a suite of Data-as-a-Service-based ("DaaS") services designed to better cleanse, layer and consolidate data.
"At CBRE, we strive to be at the forefront of data enablement," said Javed Roshan, head of real estate investment and data technologies. "We are partnering with Reonomy over the next year to create better efficiencies in our data platforms."
Reonomy's suite of solutions allows businesses to better unite their commercial real estate data in one place. These technologies offer companies like CBRE the agility and flexibility to scale as the commercial real estate landscape evolves.
"This is an exciting milestone for our company," said Rich Sarkis, chief executive officer at Reonomy. "CBRE recognizes the value in data aggregation and we look forward to accelerating our platform developments to create stronger, savvier experiences for them."
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