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At that time, the company had 360,000 commercial properties for sale or lease. [5] LoopNet acquired BizBuySell (2004), [6] CityFeet (2007), [7] REApps (2008), [8] Land & Farm/Lands of America (2008) and Bizquest (2010). [9] In April 2012, CoStar Group acquired LoopNet for approximately $860 million in cash and stock. [10] In 2014, the company ...
The relative strength of the market is measured by the US Commercial Real Estate Index which is composed of eight economic drivers and is calculated weekly. According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy.
The owners of Atlanta Bread Company in Wilmington announced on social media that the restaurant will be closing. The restaurant has been in business at 6886 Main St. in the Mayfaire shopping ...
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
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Dilapidated buildings now stood where once had been a prosperous economy. In an attempt to recreate Wilmington, the Wilmington Redevelopment Commission began demolishing buildings in an attempt to make room for new ones (Demolition was, at the time, cheaper than renovation costing $21 per sq. ft. and $26 per sq. ft. respectively). [2]
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