The newly merged companies, which will operate under the LoopNetname, ahs appointed Richard Boyle as president and CEO. Boyle hasbeen serving as COO since the merger plans were announced in Marchand previously was in charge of operations, product and technologydevelopment at San Francisco-based LoopNet.

LoopNet founder Dennis DeAndre and John Stanfill, founder ofLA-based PropertyFirst, will serve as co-chairs of the combinedcompanies. A new LoopNet Web site that integrates the two firm'ssale and lease listings, as well as member databases, will belaunched later this summer.

When the new LoopNet site is unveiled, it is expected to includeabout $130 billion of commercial properties for sale and about 2billion sf of space for lease. The company says its base ofregistered members, including brokers and buyer-investors, willlikely top 225,000.

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