The internet has quickly become one of the most valuable and widely used tools to connect buyers and sellers of commercial real estate. LoopNet is the most heavily trafficked commercial real estate marketplace online with more than 8 million members and 5 million monthly visitors. Its primary business is to provide commercial real estate listings (for sale and for lease) in the United States.
The LoopNet marketplace covers all commercial property categories, including office, industrial, retail, multifamily, land, and businesses for sale. Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. Properties can be searched according by location, property type (office, industrial, retail, etc) and criteria (lot size, sq footage, price).
LoopNet is important to commercial real estate organizations as it allows them to manage their online listing presence and optimize property marketing all in one location.
Check out the RJ Thieneman properties on LoopNet for an insider’s view on how the marketplace works.