Cushman & Wakefield Selects LoopNet to Power its U.S. Property Listings on www.CushmanWakefield.com
23 4월 2009 - 12:00AM
PR Newswire (US)
- LoopNet's BrandingLinks Drive Traffic Directly to Cushman &
Wakefield Web Site - SAN FRANCISCO, April 22 /PRNewswire-FirstCall/
-- LoopNet, Inc. (NASDAQ: LOOP), which operates the largest online
commercial real estate marketplace, today announced that Cushman
& Wakefield, one of the largest and most respected brokerage
firms in the world, has selected LoopNet's LoopLink technology to
power its U.S. property listings on its global web site at
http://www.cushmanwakefield.com/. LoopNet has fully integrated its
property search and display capabilities into the Cushman &
Wakefield web site and its broker directory. Cushman &
Wakefield property listings will receive additional branding
exposure via the LoopNet BrandingLinks service on the LoopNet.com
marketplace, the most heavily trafficked commercial real estate web
site. "Cushman & Wakefield is a world-class, client-centric
organization with an exceptional reputation, and outstanding
technology and business capabilities. We are honored that Cushman
& Wakefield selected LoopNet's LoopLink service as their core
property search and display solution after a thorough review of the
options available," said Thomas P. Byrne, LoopNet's President and
Chief Operating Officer. "We look forward to the opportunity to
extend our relationship with the entire Cushman & Wakefield
organization and build upon the partnership that we have
established." "We are excited to launch the LoopLink service on the
Cushman & Wakefield web site. Upon evaluating potential
solutions, it was clear that LoopNet had the product performance
and capability that best met our needs and integrated seamlessly
into our brokerage processes," said Maria Sicola, Executive
Managing Director, Research. "We have a longstanding relationship
with LoopNet, and value their strong commitment to working in
partnership with their clients." With the addition of Cushman &
Wakefield, LoopNet powers property search for 4 of the top 5
leading commercial real estate brokerage web sites. Additionally,
LoopNet powers property search for more than 1,000 commercial real
estate web sites overall and for over 150 leading newspaper web
sites, including The Wall Street Journal Online, New York Times,
Chicago Tribune, Miami Herald, Washington Post and Los Angeles
Times. LoopNet also exclusively powers the web sites of some of the
most powerful and respected commercial real estate organizations
such as the CCIM Institute and SIOR. The LoopNet marketplace,
available at http://www.loopnet.com/, covers all commercial real
estate categories, including office space, industrial space, retail
space for lease or sale, multifamily (apartments for sale or
lease), hotels for sale, land for sale, specialty property, income
property, investment property and businesses for sale. At the end
of 2008, the LoopNet marketplace featured more than $515 billion of
property available for sale and 5.2 billion square feet of space
for lease. About LoopNet LoopNet, Inc. is the leading online
marketplace for commercial real estate and businesses for sale in
the United States. The LoopNet.com online marketplace enables
commercial real estate agents, working on behalf of property owners
and landlords, to list properties for sale or for lease by
submitting detailed property listing information in order to find a
buyer or tenant. Commercial real estate brokers, agents, buyers and
tenants use the LoopNet online marketplace to search for available
property listings that meet their commercial real estate criteria.
By connecting the sources of commercial real estate supply and
demand in an efficient manner, LoopNet enables commercial real
estate participants to initiate and complete transactions more
cost-effectively. LoopNet also delivers technology and information
services to commercial real estate organizations to manage their
online listing presence and optimize property marketing. LoopNet
customers include virtually all of the top commercial real estate
firms in the U.S., including CB Richard Ellis, Century 21
Commercial, Coldwell Banker Commercial, Colliers International,
CORFAC International, The CORE Network, Cushman & Wakefield,
First Industrial Realty Trust, Grubb & Ellis, Jones Lang
LaSalle, Lee & Associates, Lincoln Property Company, Marcus
& Millichap, NAI Global, ONCOR International, ProLogis,
Prudential CRES, RE/MAX, Sperry Van Ness, Staubach Retail and TCN
Worldwide. Forward-Looking Statements This release contains
forward-looking statements regarding LoopNet's online commercial
marketplace, our customers, our strategic alliances, the continuing
adoption of the Internet to market and search for commercial real
estate and the value we provide to our members. These statements
are based on current information and expectations that are
inherently subject to change and involve a number of risks and
uncertainties. Actual events or results might differ materially
from those in any forward-looking statement due to various factors,
including, but not limited to, economic events or trends in the
commercial real estate market or in general, our ability to
introduce new or upgraded products or services and customer
acceptance of such services, our ability to integrate service
partners into our systems and platforms, our service partners'
ability to expand and manage growth, our ability to continue to
attract unique visitors to our web site, our ability to continue to
attract new registered members, convert them into Premium Members
and retain such Premium Members, our ability to obtain or retain
listings from commercial real estate brokers, agents and property
owners, competition from current or future companies, our ability
to receive timely and accurate sales data from our partners,
seasonality and our ability to manage our growth. Additional
information concerning factors that could cause actual events or
results to differ materially from those in any forward-looking
statement is contained in our filings with the Securities and
Exchange Commission (SEC). Copies of filings made by us with the
SEC are available on the SEC's web site or at
http://investor.loopnet.com/sec.cfm. LoopNet does not intend to
update the forward-looking statements included in this press
release that are based on information available to us as of the
date of this release. For more information contact: Cary Brazeman,
310-205-3590 DATASOURCE: LoopNet, Inc. CONTACT: Cary Brazeman of
LoopNet, Inc., +1-310-205-3590, Web Site: http://www.loopnet.com/
http://www.cushmanwakefield.com/
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