LoopNews: Your Commercial Real Estate Newsletter LoopNet, Inc.
LoopNews: Your Commercial Real Estate Newsletter
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In The Loop

The First Time is Memorable
Lorraine Visovsky of RE/MAX Fortune Properties II in Closter, NJ was excited when she posted her first listing on LoopNet. The property, a free-standing retail building with a triple-net lease and national chain tenant, generated huge interest. A few days later Visovsky upgraded to Premium Membership making the million dollar listing viewable by LoopNet's 2.75 million members and the leads immediately started rolling in. "This was my first experience with LoopNet," said Visovsky. "It provided fast, numerous, and viable candidates unmatched by other marketing channels. The transaction was completed to a buyer sourced through LoopNet. Thank you!"

Learn how you too can benefit from Premium Membership today!

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Top Commercial Real Estate News
June 12, 2008 - June 18, 2008
Provided by Commercial Real Estate Direct

Nationwide Prices Increase Despite Downturn
Despite ongoing softness in the Northeast, commercial property prices nationwide rose slightly in March as measured by the S&P/GRA Commercial Real Estate indices. The all-property composite of the indices rose 10 basis points in March versus a 1% drop in February. Read Full Story

Jones Lang LaSalle to Acquire Staubach Co.
Jones Lang LaSalle, Inc. has agreed to acquire Staubach Co. in a deal potentially valued at $727 million. The long-rumored deal will bolster JLL's position in the client-representation business. Read Full Story

Investors Waiting on Sidelines with Capital
Although sales activity is stifled, investors' interest in commercial property acquisitions is acute. According to the latest PwC Korpacz Real Estate Investor Survey, equity funds in the market this year are slated to raise more than $318 billion, which would be up 35% targeted by the funds in the market all of last year. Read Full Story

Latest CMBS Conduit Launched
Bank of America and Barclays Capital Real Estate, Inc. have launched a $1.3 billion CMBS conduit deal, the eighth of the year and perhaps the last for months. So far this year, seven conduit deals totaling $9.4 billion have priced. Read Full Story

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