SAN FRANCISCO, CA - LoopNet, Inc., which operates the largest commercial real estate marketplace online, announced today that the company has extended and expanded its exclusive partnership with American City Business Journals. In addition to powering the commercial property listings for all 40+ online markets covered by American City Business Journals, LoopNet will now distribute Showcase property listings on each of the online market web sites of BizJournals.com and BizSpace.com.
"We are very excited that American City Business Journals has selected LoopNet to exclusively power its commercial property listings. The Business Journals and their online web sites are one of the most respected and trusted sources of business information online," said Thomas Byrne, LoopNet's President and COO. "With this new partnership, LoopNet clients can now utilize LoopNet's Showcase service to deliver unparalleled distribution and exposure for their listings including exclusive distribution to BizJournals web sites."
In addition to the American City Business Journals, LoopNet's Showcase listings receive distribution to more than 125 leading online newspaper web sites and all major search engines including Google, Yahoo! and MSN. LoopNet Showcase listings also receive top of search placement on LoopNet, the most heavily trafficked commercial real estate marketplace.
The partnership with American City Business Journals covers both for-sale and for-lease listings in all geographic markets covered by BizJournals.com and BizSpace.com. Among others, these include: Austin, Albuquerque, Charlotte, Cincinnati, Kansas City, Louisville, Milwaukee, Nashville, Honolulu, Phoenix, Seattle and St. Louis. The partnership also provides for inclusion of BizJournal news stories within LoopNet's LoopNews email newsletter, the largest weekly commercial real estate email newsletter distributed to more than 855,000 opt-in LoopNet members.
"We look forward to expanding our collaboration with LoopNet to deliver even more content to our members," said Tim Bradbury, President of BizJournals. "LoopNet's products and services complement BizJournals' very well. We are confident that this relationship delivers significant enhanced value to our online audience and will help them better manage their businesses."
The LoopNet marketplace, available at www.LoopNet.com, is the most heavily trafficked commercial real estate web site. With 970,000 monthly unique visitors during January 2009 according to comScore Media Metrix, LoopNet generated nearly 10 times the traffic of the nearest competing service. The LoopNet marketplace covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, and businesses for sale.
Source: LoopNet, Inc.