Deal Savvy Broker Reveals Success
"Within 24 hours of posting the property for sale on LoopNet, I started to receive inquiries," said Jordan Kaufman. "I received four offers from LoopNet members, including the offer that led to the sale!" Kaufman of Millco Investments, in Chicago, has topped twenty plus property sales to buyers found via LoopNet. His latest deal, a retail building with a national tenant under lease, garnered wide interest on LoopNet and generated more than 5,900 property views nationwide. Kaufman's listing received outstanding exposure as a result of his detailed listing and his Premium Membership. "More genuine prospects come through LoopNet than other marketing channels, and they are better educated on the subject property. LoopNet is vital to our success as commercial real estate brokers. LoopNet has facilitated countless sales for our firm and continues to be the first advertising avenue we pursue when bringing a property to the market. Thanks!"

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Apartment Development in Dallas Tops Nation
Apartment developers started building 6,165 units in the Dallas-Fort Worth area during Q2, according to data from M/PF YieldStar. The surge in apartment development is tops among all metropolitan areas in the country. Read Full Story

Boston's Office Vacancy Rates Drop in Suburbs
Office vacancy rates through much of Boston increased over the past year, while they declined in the city's suburbs. Read Full Story

Office Vacancies, Rents up in Austin
Office vacancies in Austin, TX are at a three-year high, despite rents being at a seven-year high. Vacancy rates increased to 16.6% in Q2, from 11% during the same time last year, according to Oxford Commercial. Read Full Story

Asking Rents for Tampa-Area Offices Fall
Asking office rents in Florida's Hillsborough and Pinellas counties stood at $21.37/sf at the end of Q2, while the vacancy rate rose to 12.2% from 11.8% a year earlier, according to Colliers Arnold Inc. Read Full Story