Sale + Lease Coverage (internal · LoopNet + Crexi)

Matched on the normalised street address with any suite or unit stripped, so a building with four listed suites counts once on each side. Two sites listing the same building at different prices is itself worth knowing — that gap is a negotiating fact, not a data error.

Counts are against the Crexi for-sale listings whose detail record we have pulled so far. The lease-term block near the top is the valuable part: expiry, remaining term, rent bumps, options and tenant credit are what turn a listed cap rate into an underwritable one, and none of it was ever in our LoopNet data. 382 properties are marked Under Contract right now — LoopNet publishes no such status, so until today a property that found a buyer simply vanished from our data and looked like it had left the market.

0 LoopNet lease slices have not had their first sweep yet. LoopNet only answers through a premium proxy with JavaScript rendering — 25 credits a page — so slices are swept stalest-first under a nightly credit budget and a full cycle lands over about a week. A slice that was cut short never gets to say a listing left the market.

Strict match: the full address including any suite number, and where both sites publish a building size it must agree within 35% — so a single condo unit can never be compared against the whole building it sits in. None of this is automatic arbitrage; it is a list of phone calls worth making. A verified example of each kind: the Eden Hotel on Seville St shows $115,000,000 on LoopNet and $11,500,000 on Crexi for the same 12,500 SF building under the same brokerage — a typo, and the typo is LoopNet's. 2140 NW 36th St shows $12,000 on Crexi for a 46,742 SF assemblage — a placeholder, not a price. And the Chevron at 8881 Pembroke Rd is $1.2M on Crexi (May) against $6.5M on LoopNet (July), same broker — the July number is probably the ask, and the gap is the opening question of a negotiation.

Crexi marks a listing the moment it goes under contract; LoopNet has no such status. Anyone watching only LoopNet is drawing up an offer on a building that already has a buyer — and if that contract falls through, the seller who thought they were done is the most motivated seller there is. Worth a backup-offer call on anything here that fits.