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

Texas Broker Does Sale Two Step
Taking over a listing that had failed to sell, Jef Conn of Coldwell Banker Commercial Rick Canup, Realtors, Inc. in Lubbock, TX turned to his LoopNet Premium Membership. "The property was initially listed with another broker," said Conn. "As soon as I got the listing, I posted it on LoopNet and immediately started getting inquires. I ended up with multiple offers from LoopNet members and closed the deal in less than two months! I was very pleased with the results. I used LoopNet to share the listing information with other brokers and to create property flyers, making LoopNet my one-stop shop. In addition to closing this deal, I landed two additional listings with a combined 90,000 sf – all because of LoopNet! I encourage all commercial real estate brokers to use LoopNet and market their listings to LoopNet's vast audience. LoopNet has been great!"

Learn how you too can benefit from Premium Membership today!
Top Commercial Real Estate News
July 10, 2008 - July 16, 2008
Provided by Commercial Real Estate Direct

Dallas-Area Retail Vacancies Unchanged
Shopping center vacancies in the Dallas-Fort Worth area have remained unchanged through the second half of 2008, according to a report by the Weitzman Group. Read Full Story

Office Vacancies Rise in Charlotte
The Charlotte, NC office market had 238,716 sf of net absorption in Q2, according to data compiled by CB Richard Ellis. The city's vacancy rate increased to 12.1% from 10.9% in Q1, while its uptown market had a negligible 1.1% vacancy. Read Full Story

Baltimore-Area Office Vacancies Increase
The Baltimore-area office vacancy rate rose 29 basis points to 5.5% in the first half, according to Colliers Pinkard. Rates increased in all submarkets except downtown Baltimore. Read Full Story

Over 16% of Loans Securitized on Watchlist
A total of $30.3 billion, or 16.2% of all commercial mortgages that were securitized in 2007 are on master servicer's watchlists, according to analysis by Credit Suisse. In contrast, $64.2 billion, or 12.3% of the $521.2 billion of mortgages securitized between 1996 and 2006 are on watchlists. Read Full Story
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