Posted by Jessie Woodyard on Tue, May 04, 2010 @ 11:43 AM
Remember when Google Earth first hit the streets? I'm not literally speaking about when this application first developed it's "Street View" where one, with the click of a button, can be flown in from a satellite view of a given property and see it from a pedestrian's view point as though you're on the street. No, I'm not talking about this application, I'm talking about back in about 2000 when Google originally acquired KeyHole (the creator of piecing aerial photography together and officially launched what we now know as "Google Earth").
Since then, Google Earth has taken the world by force, especially the real estate world. The application is used in practically every real estate search. It gives a user the ability to do comprehensive research like never before. One can find a site, search the surrounding neighborhood, see local commercial listings, etc.
Hang on Bay Area real estate community, there's a new wave of virtual commercial searches coming right around the corner.
A Canadian software company has developed www.CUBElease.com, a Google Earth for commercial real estate. The company uses data from Google Earth in combination with information from building owners, tenants, commercial brokerage houses, etc. that ultimately creates a virtural commercial real estate experience.
This image is a sreenshot of what a typical cityscape might look like. The office space for lease is shown and lease rates can be seen in the red bars. It's pretty self explanatory, the higher the red bars, the higher the rent.
We will be tracking Cube Lease's developments and when they might be releasing their first city information. Stay tuned for more information or as always, we welcome your tips!