Expanding the Product and Service Offerings broadly
Biproxi, the leading end-to-end commercial real estate platform trusted by the world’s largest commercial brokerages, has recently announced that it has acquired OfficeSpace.com. Officespace.com website is the second-largest CRE listing site in the U.S. with over 550,000 listings. Every month, it is visited by over 350,000 buyers and tenants. Furthermore, it has historical data on over 1.7 million listings for over 15 years.
“We are excited to add OfficeSpace.com to the suite of products and services available from Bipoxi and to expand their offerings more broadly to the commercial real estate community,” said Biproxi CEO Gordon Smith. The acquisition will allow Biproxi to consolidate all of its commercial real estate (CRE) data and listings on the OfficeSpace.com website.
Focusing on Providing Modern, Unique, and Effective Services
Biproxi will no longer list properties on its website with the OfficeSpace.com acquisition. Instead, Biproxi.com will focus exclusively on providing modern, unique, and effective tools and services to help brokers save money and time while moving their listings. The shop which consolidates vendors across a wide range of services, including property photography, photo editing, drone services, and data reports into a single e-commerce platform is featured on the website. This allows brokers to order multiple products and services from one site on one invoice.
The Complementary Acquisition
“OfficeSpace.com customers can rest assured that Biproxi will maintain the current user experience on the site,” said Smith. “We’re bringing the best of both worlds together into one robust offering buyers and brokers alike will love,” he further added.
“We’re excited that Biproxi will continue building on OfficeSpace.com’s success. We looked at several alternatives and based on the stellar track record of Biproxi’s management team and the complementary fit of our business models, it is difficult to imagine a better strategic outcome,” said Susie Algard, Founder and former CEO of OfficeSpace.com.