Real estate data website PropertyShark.com launched a “For Lease” section to their site that allows brokers to post retail and office listings. According to PropertyShark CEO Ryan Slack, the new offering is not meant to compete with services that specialize in large commercial listings. “We have great respect for the businesses that CoStar and LoopNet have built, and we don’t intend to try to compete in their space for major lease listings in skyscrapers, but we do see a huge opportunity to aggregate the small and mid-sized commercial leases available in the market,” said Slack. The feature will only cover New York City for the next few months but will be expanded to include other cities in the near future. TRD
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PropertyShark adds for-lease listings
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