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

Broker Points Compass to LoopNet
Herb Arathoon of Compass Commercial Real Estate Services in Bend, OR sourced a tenant through LoopNet for a local retail listing. Arathoon, a LoopNet member for over five years, received over 1,400 property views on LoopNet for his triple-net property, thanks to his Premium Membership. "As soon as I put the space on LoopNet, I started to get inquires," said Arathoon. "I marketed this building offline as well, but LoopNet delivered all the leads! I received at least three offers from LoopNet members and my client selected the business that best fit his property. LoopNet connected me to a local tenant looking for the right location to start his own business. LoopNet has made it significantly easier to advertise and find property for lease and it is the first website I check when I need to market or find a space for lease. Thanks LoopNet!"

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Top Commercial Real Estate News
September 25, 2008 - October 01, 2008
Provided by Commercial Real Estate Direct

CBRE Purchases Houston's Post Oak Central
CB Richard Ellis Investors is said to be paying $250 million for Post Oak Central, a 1.3 million sf office complex in Houston. The Los Angeles investment manager is buying the three-building complex from a venture between JPMorgan, GE Pension Trust and Morgan Stanley Real Estate. Read Full Story

L.A. Office Space Could Return to Market
The financial meltdown on Wall Street could result in millions of square feet of office space becoming vacant in Los Angeles County. Initial tallies indicate that 8 million sf of the area's massive 189 million sf market could be at risk. Read Full Story

Developers Look for New Venues for Financing
Developers in metropolitan Kansas City have become concerned about the lack of construction financing available to complete projects. Banks, the main source of financing, have stopped making loans due to the credit crunch. Read Full Story

Credit Crunch Points to Refinance Risks
The ongoing credit crunch has steered the attention of analysts and investors to the roughly $167 billion of securitized mortgages that need to be refinanced within the next five years. Read Full Story

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