TEN-X Commercial surpasses $20 billion in total sales volume
IRVINE AND SILICON VALLEY, CA — Ten-X Commercial, an online and end-to-end transaction platform for commercial real estate, announced that it has transacted $20 billion in commercial real estate since the platform’s inception. As the real estate industry continues to embrace technology solutions, the Ten-X Commercial platform has thrived on increased adoption from brokers, buyers and sellers while iterating and evolving platform tools. One of the most innovative technology solutions developed for commercial real estate, Ten-X Commercial streamlines the process while removing the geographic barriers associated with traditional real estate transactions. Ten-X offers both auction and non-auction platforms, allowing brokers and sellers to utilize the transaction method that best suits their needs. Brokers who utilize Ten-X report an accelerated transaction process and higher close rates, as well as expanded reach that only a data-driven marketplace can provide. The $20 billion in total sales volume includes office, hospitality, retail, and industrial properties ranging in value from $1 million to $96 million. Thousands of brokers, buyers and sellers log on to Ten-X Commercial daily.