Press Release
ROFO OFFERS SMALL BUSINESS THE MOST COMMERCIAL REAL ESTATE DATA ON THE MARKET
10,000 Up-to-the-Minute Listings & Industry's First Videos Comprehensive Data Engine Serves Data From Over 50 Online Listing Sources
SAN FRANCISCO, CA, December 17, 2008 — Rofo™ (www.rofo.com), the first free, interactive online marketplace dedicated to tenants, brokers, and landlords of commercial real estate, today announced it has achieved several exciting commercial real estate industry milestones since the service's official launch in September.
Rofo has amassed 10,000 active listings in more than 100 cities and provides unrivalled access to extensive data sources from top national, regional and local brokerage firms including Colliers, Cushman & Wakefield, Lee and Associates, Keegan and Coppin, Cornish & Carey, Starboard TCN, and Pacific Union. Rofo's powerful search engine continually updates listing information from 50+ sources. And, in an innovative twist beyond Google Streetview, Rofo has incorporated user-generated videos for property listings and neighborhood market information.
"Since our launch, we've received an overwhelmingly positive response from businesses and brokers and have continually worked to improve Rofo. Even as the economy has stumbled, we've continued on our mission to provide the most innovative, easy-to-use, and highly personalized service to revolutionize the commercial real estate marketplace," said Alan Bernier, Rofo CEO and co-founder.
Interactive Marketplace
Since its debut, Rofo has connected more than 1000 businesses to brokers and landlords working closely with start-ups, local retailers, attorneys, consultants, sole proprietors as well as entrepreneurs of all types throughout the Greater Bay Area. In addition to radius mapping and neighborhood details from Yelp and locals familiar with the surroundings, many listings now offer video shot on-site. Click here to see an example: http://www.rofo.com/listings/CA/San-Francisco/807-Montgomery-St-5353.html
Added Paul Picciani, a commercial real estate broker with Pacific Union in San Francisco, "Rofo has been a terrific place to market my services and connect with entrepreneurs seeking the help of an experienced real estate broker. The service has quickly become a valuable marketplace for tenants to connect with the right professionals."
More About Rofo
Rofo specializes in commercial real estate "for the rest of us" — the smaller (less than 5,000 square feet) listing, though larger spaces can be viewed on the site. No matter the size, the company's mission is to simplify the move/leasing process so entrepreneurs can make better-informed decisions. Rofo is free and streamlines the entire process by connecting businesses with brokers, landlords and related service providers.
Visitors to the site are able to search all listings or post their own office space needs to receive new space ideas from others who have space. Visitors can read property reviews or provide their own, compare their rent with the Rofometer (www.rofo.com/rofometer), and connect with others who can share valuable information. Rofo brings in photos, maps and lists neighborhood amenities as well as provides reviews for each listing to help Rofo members evaluate spaces. Yelp reviews are also integrated into each search listing to provide even more in-depth information.
In addition, Rofo also has established business relationships with key players necessary for successful leasing transactions such as lawyers, commercial insurance providers, real estate brokers, and project managers. This provides a powerful environment for tenants to access a wealth of information in one location.
About Rofo
Founded in 2007 and based in San Francisco, Rofo (www.rofo.com) is a free, easy-to-use online service that greatly simplifies an entrepreneur's search for commercial real estate and related services and professionals. Rofo efficiently connects commercial real estate brokers and landlords with businesses looking for hard-to-find, smaller (under 5,000 square feet) office space. The privately-held company offers more than 10,000 listings on its site with information provided by valued data partners such as First American Title Company, Yelp, many top Bay Area brokerage firms, and institutional landlords like Hines.
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