LoopNet, Inc. (Nasdaq: LOOP), announced the launch of its expanded line of property research products, Property Facts and Property Comps. These new information services will provide commercial real estate brokers, investors, appraisers, tenants and others with a flexible, cost-effective source of nationwide commercial property data for all major property types. LoopNet Property Facts offers detailed information on more than 10 million commercial properties, providing owner, lender, tenant, market stats and tax information for both on-market and off-market properties. LoopNet Property Comps provides sale price, buyer, seller, sale date and other transaction details for over 1.3 million closed sale transactions.
Commercial real estate professionals now have the choice of subscribing to the LoopNet marketplace to market or search for active sale and lease listings, or subscribing to the Property products — Property Facts or Property Comps — to research the market as a whole at LoopNet.com.
LoopNet marketplace features nearly 800,000 listings that are actively marketed for sale and lease, the LoopNet Property Facts and Property Comps databases contain more than 12 times that many records, providing a holistic view of the commercial property inventory in a market, regardless of current availability and regardless of whether it has ever been marketed on LoopNet.
