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WHAT'S NEW
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RENTV Re-Launches Sublease.com Online Listing Service

6/01/07

Rentv.com, the eight-year-old media company for the commercial real estate industry, recently re-launched Sublease.com, an online listing service for commercial space for lease or sublease across the United States. Founded in Irvine, CA in 2000, Sublease.com provides brokers, landlords, and real estate-related service providers with a targeted, cost-effective medium to market office, retail or industrial space opportunities and related services. RENTV, which acquired the assets of Sublease.com in late 2005, has re-vamped the site, making it faster and easier to use, while providing substantially more data fields, enhanced search functionality and improved listing presentations.

Said RENTV President and founder Steve Bloom, “We are excited about the re-launch of Sublease.com because we've always thought that online classifieds, such as a property listing service, was a perfect complement to the advertising supported, original, real estate media coverage that RENTV provides...We have built a tremendous following with our industry news coverage and video programs, so we are already generating significant traffic from top professionals who have expressed a need for a service like Sublease.com.”

Sublease.com enables anyone who is marketing space for lease – brokers, landlords, executive suite operators, tenants with extra space – to create and post property listings for a nominal monthly fee. Unlike most of the other listing services, Sublease is free for a user to search for available space and does not require site membership, making it a very useful tool for business owners and entrepreneurs looking for space too small to warrant the services of a tenant broker.

Sublease.com is the latest addition to RENTV's growing slate of popular online media products for the real estate industry. Other products include: RENTV.COM, the company's web site; RENTV News Videos – free online programs covering topics in commercial real estate; RENTV's Real Estate Marketplace, for jobs and properties; and The Real Estate Insider, the company's bi-weekly email newsletter received by roughly 13,000 industry professionals.

The company's main venue, the RENTV.COM web site, provides timely, original news articles on a daily basis and is accessed by approximately 20,000 different real estate professionals each month. In 2002, RENTV began producing video-streaming news programs for the real estate industry and so far has produced shows about several areas of Southern California including: Downtown Los Angeles, El Segundo, Century City, Irvine Spectrum and South Orange County, as well as shows covering the 2004, 2005 and 2006 ICSC Conferences in Las Vegas. RENTV has also produced promotional programming for real estate companies and has provided other producers of real estate programs the opportunity to have their shows appear on the RENTV web site for a fee.

Founded in 1998 by commercial real estate veteran Steve Bloom with funding from KSRE, LLC, an investment group led by John Long from Highridge Partners, RENTV is a commercial real estate news and media company that reports on the latest news, trends and developments regarding office, industrial, retail and multifamily properties throughout California and the Western US. RENTV has experienced steady growth over its lifetime and has been recognized by a number of media and industry organizations as one of the top sites in the real estate industry, most recently winning a “Digie” from Realcomm in 2005 for Best Use of Automation in Industry News.





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