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LoopNet was founded in 1995 by Dennis DeAndre. Working alongside engineer Steve Midgley, the two built LoopNet into the internet's largest commercial real estate listing service. LoopNet underwent three rounds of private venture capital financing in 1997 (Indo Suez), 1998 (Trinity Capital & Partners) [1] and $20 million in 1999 from fourT5 real ...
The Gateway Center is a commercial complex in Newark, New Jersey. Located downtown just west of Newark Penn Station between Raymond Boulevard and Market Street;,McCarter Highway runs through the complex. Skyways and pedestrian malls interconnect all of the office towers, a Hilton Hotel, [9] the train station, and the Newark Legal Center.
In the commercial real estate sector — think strip malls, warehouses, research and development, and office space — there are fewer new projects in NJ.
Tallest building in New Jersey upon its completion from 1926 to 1930. Tallest building constructed in Newark in the 1920s. [67] [68] 21= New Jersey Bell Headquarters Building (Walker House) 260 ft (79 m) 20 1929 Ralph Thomas Walker, architect. Converted to residential building, renamed the Walker House in 2017 [69] [70] [71] 21= 24 Commerce Street
CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Washington, D.C., the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
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. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
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