Crain's Chicago Business Selects LoopNet's Industry-Leading Platform to Power Online Commercial Real Estate Search

- Partnership Extends LoopNet's Leadership Position As The #1 Online Newspaper Distribution Network - - LoopNet Network Includes Over 225 of America's Leading Newspaper Brands -


SAN FRANCISCO, Dec. 15  /PRNewswire-FirstCall/ -- LoopNet, Inc. (NASDAQ: LOOP), which operates the largest commercial real estate marketplace online, announced today that the company has signed a partnership agreement with Crain's Chicago Business to exclusively power commercial real estate listings search and display on the Crain's web site.

With highly respected business news and reporting, Crain's Chicago Business is recognized as the leading business publication serving the Illinois and the Greater Chicago market.  Its daily online commercial real estate news service, http://www.chicagorealestatedaily.com/, provides unprecedented coverage of the Chicago commercial real estate market to over 40,000 daily subscribers.  With this partnership, visitors to the site will now be able to use LoopNet's industry-leading search and mapping technology to locate properties for sale and for lease in Chicago and throughout the United States.

LoopNet has more than 225 media distribution partners across the United States, making it the clear leader in serving the online commercial property search and display needs of the nation's top newspapers.  In addition to Crain's Chicago, LoopNet's online partners include The New York Times, Los Angeles Times, Washington Post, Atlanta Journal Constitution, Boston Globe, Wall Street Journal Online, and many more.

"We are very pleased that Crain's Chicago Business selected LoopNet to power their online commercial real estate listings for ChicagoRealEstateDaily.com," said Thomas Byrne, LoopNet President and CEO.  "Crain's Chicago Business is a preeminent business news source that delivers exceptional value to the commercial real estate and business community.  Together with LoopNet's leading LoopLink technology, we provide a powerful marketing solution for people looking to sell or lease properties in the Chicago area, and easy-to-use search capabilities for people looking to find properties."

About Crain's Chicago Business

Crain's Chicago Business is the nation's preeminent local business newspaper with a weekly print readership of nearly 300,000.  Its two primary web sites, ChicagoBusiness.com and ChicagoRealEstateDaily.com, reach more than 300,000 unique visitors per month.  Crain's Chicago Business is owned by Crain Communications Inc., which is one of the largest privately-owned business publishers in the U.S. with 32 business, trade and consumer publications and related web sites in North America, Europe and Asia.

About LoopNet

LoopNet, Inc. is the leading online marketplace for commercial real estate and businesses for sale in the United States.  Available at http://www.loopnet.com/, the marketplace covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, investment properties and businesses for sale.  At the end of September 2009, the LoopNet marketplace featured more than $495 billion of property available for sale and 6.1 billion square feet of space for lease.

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, 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 and TCN Worldwide.

  For more information contact:
  Cary Brazeman, 310-205-3590
  

DATASOURCE: LoopNet, Inc.



CONTACT:  Cary Brazeman, [phone], , for LoopNet,

Inc.



Web Site:  http://www.loopnet.com/ 

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