Are you struggling to identify and connect with decision-makers in the competitive commercial real estate (CRE) industry? Don't worry, you're not alone. Finding commercial property owners can be a challenging task, especially when dealing with Limited Liability Companies (LLCs). However, there are tools and strategies available to make this process easier and more efficient.
Uncover Commercial Real Estate Owners by Property Address
One of the simplest and free methods to find commercial property owners is by conducting a property search using a specific address. Many public platforms, such as the website of a county tax assessor, treasurer, or register of deeds, offer this service. Although not every county provides comprehensive online data, these platforms typically provide information about the owner's registered LLC, building characteristics, and sales history.
However, it's important to note that the true ownership is often concealed behind the LLC, requiring additional investigation. One approach is to run a business search among the records of the secretary of state. While this may reveal more information about the legal entity, such as the registration date and agent for service of process, it may not lead to the true owner. Nevertheless, CRE data providers like CommercialEdge now offer services that provide more precise contact information, including phone numbers and email addresses.
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Find Owners of Commercial Properties in Your Target Area by Specific Property Characteristics
If you're prospecting for commercial properties in a specific area, focusing on specific asset types is crucial. There are various methods to explore properties further, such as checking commercial real estate listings sites, reading CRE news sites for information on new deals, or subscribing to commercial real estate data sources. These methods can provide valuable insights, but it can still be time-consuming to uncover the true owner of each property on your list.
To save time and gain an advantage, consider using CRE data providers like CommercialEdge that offer property lists accompanied by ownership information. These providers allow you to run focused searches with specific attributes, ensuring a more refined result feed. For example, you can search for Class A industrial properties in Austin with a minimum of 10,000 square feet for lease and listed for sale for no more than $5 million. The property list already contains the properties' registered owners, as well as the true owners behind the LLCs and their verified contact details.
How to Find an Owner's Complete Portfolio of Commercial Properties
Once you've established the true owner of a commercial property, you might want to explore their complete portfolio. Many county tax assessors offer an owner name search option, displaying locally-owned commercial properties. However, filtering the results by asset type or other preferences can be challenging. Another method is to search for the company's website, although this can be time-consuming and uncertain.
CommercialEdge provides an efficient approach to identify a company's entire portfolio. With easy-to-use tools, you can perform a search by owner name to find their assets in specific markets or nationwide. The platform offers a portfolio page with contact details, a summary of the total property count, total square footage, and even the owner's most recent acquisitions. The page can be viewed in various formats, from tables to map view, and the results can be exported in PDF, Excel, or CSV format.
Additionally, CommercialEdge offers a portfolio search option, allowing you to search for real estate owners in a particular market. This feature provides an overview of their assets listed according to asset type, square footage, and portfolio size. You can apply search filters to narrow down the results, and once again, the consolidated list of owners and their portfolios can be easily exported.
Accurate ownership information is crucial in building business relationships and closing deals in the CRE industry. While finding the real owner of a commercial property can be a laborious process, platforms like CommercialEdge streamline the task, saving you valuable time and allowing you to focus on the next steps of the transaction.
To discover how CommercialEdge can help streamline your operations, schedule a live demo with our specialists and learn more about the tools that enable you to boost your deal-making process.
