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David Gloria of Ebby Halliday Realtors in Allen, TX closed a multimillion dollar deal for 12 acres of land after sourcing the buyer via LoopNet. "My LoopNet listing generated multiple offers!" said Gloria. "Providing photos, demographics, PDF files, maps, and web links on LoopNet makes a powerful marketing tool for any listing. Anytime I get a prospect or inquiry, I send them an email from LoopNet because it is easy! And I use LoopNet to display my listings on my personal website and when I update my listings on LoopNet, the listings on my website are automatically updated as well. No more updating listings in multiple places! I subscribe to multiple listing services, but by far I get the most return from LoopNet!"
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Provided by Commercial Real Estate Direct
Philadelphia's office market is stronger than local suburbs, according to Studley, Inc. The city's 11.7% vacancy rate bests its suburbs with an average of more than 25%. While rents in the city and the Main Line suburbs Radnor, King of Prussia and Bala Cynwyd are on the rise, portions of Montgomery County and southern New Jersey are seeing drops in those rates.
Boston's retail vacancy rate remained essentially flat at 8.1% for the past 17 months, according KeyPoint Partners. The report notes that the city's retail market withstood the loss of six Filene's Basement department stores, which have been either filled by Macy's and Bloomingdale's stores or demolished to make room for Nordstrom department stores. Meanwhile, the vacancy rate for eastern Massachusetts rose 6.9%.
Asking rents for Manhattan retail properties increased 3% over the past six months to an average of $111/sf, according to the Real Estate Board of New York. Midtown led with a 9% increase to $145/sf, while midtown south's rents rose by 8% to $96, and midtown east's rose 6% to $164/sf. Manhattan's highest-priced retail corridor, the ten blocks south from 59th Street on Fifth Avenue, has a $1,958/sf average. Rents for a Madison Avenue corridor fell 8% to $1,066/sf.
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C-Corp Sellers Wanted: Investor groups looking to buy properties owned by U.S. C-corp entity. All types of property considered. Brokers/advisors protected & welcome.
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Investors/JV Partners Wanted: 30% annualized returns. Jackson Hole, WY. Mixed-use Presales completed. Seeking $4M Equity in cash, 1031EX, IRA, 401K. Principals Only.
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Land Wanted: Builder seeks well-priced 300+ ac. parcels suitable for master-planned communities. Need to be within 60m of major cities. Western States Only.
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Borrowers Wanted: Borrowers needed. Acquisition & Refinancing to 80%. Always great rates! Nationwide, all property types considered. Close quick & easy. Contact us today!
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Investors Wanted: 645 Apartment Unit Portfolio in NC. $34M. Some assumable debt @ 5.3%. Class B. Four separate properties, near of adjoining each other. Principals Only.
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Cash Investor Wanted: High return potential. Secured by real estate. 1031 exchange available nationwide. Min. $500,000 equity. Serious inquiries/principals only.
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1031 Participants Wanted: Currently in a 1031? We have opts to avoid 45 day ID period. Park your money safely, 10-12% annual, paid monthly. Liquid. Tax Benefits. No Closing.
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Properties Wanted: Principal Looking for Properties. L.A. County, Multifamily or Commercial, High CAP, Up-side Potential / Strong Buyer with Proof.
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Savvy Investors Wanted: Enormous tax savings w/accelerated depreciation of investment prop. AICPA/IRS approved & recommended. Applicable in majority of cases.
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JV or Wholesale Wanted: 34 acre river front dev project Caribe Costa Rica, includes approved blue prints, aggregates, entitlements, rancho, house, pool & forest $1.3M.
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Buyer Wanted: Medical office building across from Good Sam. Hospital in Phoenix, 7.6 cap, 60k sf, 75% leased, $7.39mm.
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Buyers Wanted: Commercial office buildings, shopping centers selected for limited risk, high actual cash flow (CAP>9%), up-side potential, principals only please.
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MTN & BG Investors Wanted: MTNs, Managed Buy/Sell platform, & BGs available. Programs ranging 100M - 500M. We are direct to the bank. No broker chains, please.
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1031 Investors Wanted: A Deferred Sales Trust is an alternative to a 1031 exchange. IRS compliant, defers capital gains tax, adds flexibility to 45 day & 180 day constraints.
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REO & Note Buyers & Suppliers Wanted: REO & Note packages available from 10M up to 5B, nationwide & regional packages. We are also seeking additional suppliers.
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Check out the LoopNet Big Board! Looking for an investor to back your project? Or have a unique service to offer? LoopNet Big Board is a forum for commercial real estate classifieds, similar to LoopNews Want Ads. See what LoopNet's 2.75 million members are offering. Search or post on the LoopNet Big Board today!
The Big Board is divided into the following categories:
Looking for Property
Looking for Capital/Investors
Service Offered
Job Opportunity
Other
Click here to visit LoopNet Big Board.
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