Commercial Real Estate At A Turning Point?

22 March 2001 - 12:00pm

Two large commercial real estate Internet companies merge. Is this a turning point for the Internet real estate industry?

"The boards of directors of San Francisco-based LoopNet, Inc., and Los Angeles-based PropertyFirst.com, Inc., have approved a merger of the two firms, strengthening what appears to be the commercial real estate industry’s dominant Internet technology, marketing and listing-information services provider."

Source: Inman News, March 21, 2001
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.