(photo: MRI Software)
07.07.2021, 15:31

MRI Expands Lead-to-Lease Commercial Property Offering

Company News, Americas, Technology, PropTech, Mergers & Acquisitions

MRI Software has acquired Canadian intuitive marketing and leasing platform for commercial real estate, Findspace Inc, extending the capabilities of its property management platform.

Based in Toronto and founded in 2009, Findspace claims a customer base that includes 40 per cent of the top 25 owners and managers in the Canadian market.


The company's primary solution enables clients with portfolios that range from 250,000 to over 45 million square feet to fill open space faster and differentiate their businesses through a modern and easy-to-deploy platform. The solution provides real-time, integrated space listings for websites while supporting marketing efforts with visually appealing branded content and collateral. 


MRI’s flagship property management platform in North America, Property Management X already integrates with Findspace, allowing clients to easily publish data about vacant spaces directly from their back-office system into their property listing website. This tight integration is now available to MRI’s large commercial client base that manages over 20 billion square feet of space across North America.


Saurabh Abhyankar, MRI Software’s chief product officer, comments: "This acquisition significantly enhances our lead-to-lease solution for commercial property managers. It’s especially timely, given the end of lockdowns and an upswing in leasing activity as businesses reassess their space needs. By adding Findspace to our product offering, we can give our clients immediate access to a robust marketing solution that allows them to address increased demand while standing out in a crowded marketplace."                      


Alain Cohen, Findspace president and CEO, adds: "In 2020, we joined MRI’s Partner Connect program because the two companies shared an open-and-connected approach.


"Like MRI, Findspace has a ‘clients-first’ philosophy that prioritizes flexibility and choice. That philosophy has enabled our clients to create unique branded experiences through every step in the lead-to-lease process.”


"Now, as part of the MRI team, we can extend this approach to a larger pool of clients while expanding our geographic footprint."




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