They could be in PJs, but they mean business because a million leases expire this year and they must sign a new deal soon. Since on-site buildings tours are no longer possible, the number of searches for space on LoopNet surged 60% in April with 5 million potential tenants viewing buildings. Tenants are touring your competitors building on LoopNet. Make sure they see your building first.
LoopNet is the highest trafficked commercial real estate marketplace
CoStar Group is the global leader in helping clients navigate a digital world
LoopNet is part of CoStar Group, the global leader in marketing commercial real estate online, which provides a full suite of the most heavily trafficked sites for office, industrial, retail, apartments, businesses for sale, and land.
1.3B
Visits to our sites in the last 12 months
1.1M
Properties marketed on our platforms
20M
Properties leased and 1 million properties sold
300K
Clients marketed their properties on our platforms
21 leading commercial real estate marketplaces
We capture the largest audience of tenants on- and off-line
6.4 million unique prospects last month
16 million property tours each month
38,000 unique companies each workday
Tenants spent 3 million hours touring online
Companies of all sizes and from all sectors start their commercial real estate searches on LoopNet
40% of searches for office space originate outside of your market
88% of tenants search for commercial real estate online - most come to LoopNet
LoopNet’s sites rank on page one for more than 22,000 search terms
The stakes are high
More than 1 million leases will expire in 2020. Deals valued at as much as $443 billion are still up for grabs. Office building owners lose $40 billion annually due to excess vacancy. 85% of all office availabilities sit vacant for over 6 months costing owners $4.3 billion per year.
Traditional marketing techniques don’t reach your audience.
You’re probably already doing these things…
Property websites
85% of Google traffic goes to websites on page 1. Less than 0.1% of searchers look past page 5. Where does your property land?
Broker emails
The list is incomplete, missing the majority of tenants. Often times these are considered SPAM and the click through rates are less than 3.5%.
Property signs
Property signs only reach an audience that is already at your building, and doesn't show the interior space details.
Traditional advertising
While publications may help target commercial real estate audiences, they do not target those actively searching for space.
Delivering results where they matter most
In the past two years, LoopNet has driven over 185 million square feet of deals with a total value over $34 billion.
Reach
How many prospects see your property?
A LoopNet Diamond ad is viewed by 8,000 different prospects a month on average. This is one thousand times more than a free basic listing.
Frequency
How many times will your prospects see your property?
A typical prospects will view the same LoopNet Diamond ad 6 times. That is 3x more than a free basic listing.
Brand
Is your property positioned as the superior choice?
A Diamond ad on LoopNet allows you to fully express your property’s brand, outclassing your competitors.
Exposure across the web
Marketing on LoopNet increases the frequency of your listing being top of mind for your next potential tenant.
Additional presence on our partner Sites
Placement on our partner sites, CityFeet and Showcase, provide more opportunity for top placement in Google search results.
CityFeet
Showcase
Stay top of mind for your audience with Property Retargeting
Advertisements for your property will appear across millions of sites across the web, putting your property in front of prospects an additional 7-10 times after their initial view.
Reach 175,000 commercial real estate professionals across the CoStar network
Your listings are top of mind for the brokerage community through exposure to 99% of the top brokerage firms.
Banner ads throughout the CoStar platform and newsletters
Priority placement in CoStar search results
A proven digital marketing formula
LoopNet provides meaningful exposure to move your leasing strategy forward.