WASHINGTON, D.C., March 7, 2012 — CoStar Group, Inc. (Nasdaq: CSGP), commercial real estate's leading provider of information and analytic services, is pleased to announce the winners of the 2011 CoStar Power Broker Awards™, recognizing the best of the best in commercial real estate brokerage.
As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market. Every year, CoStar tallies the commercial real estate sales and lease transactions that closed during the previous year and presents CoStar Power Broker Awards to the brokerage firms and individual brokers who closed the highest transaction volumes in commercial property sales and leases in each market.
“Each year, CoStar Group looks forward to recognizing the firms and brokers who perform at the industry’s highest level,” said CoStar Group CEO Andrew C. Florance. “Top performers deserve to be recognized for their innovation, prowess and deal-making abilities. We congratulate all the award winners on their impressive professional accomplishments.”
The CoStar Power Broker Awards winners include brokers from Jones Lang LaSalle, Dallas; Newmark Knight Frank, New York; CBRE, Chicago; Cushman & Wakefield, Inc., San Francisco; and Colliers International | Atlanta Realty, LLC, Atlanta. These winners are joined by brokers in markets across the country such as Charlotte, Milwaukee, Minneapolis, Nashville, Salt Lake City and San Antonio; a complete list of CoStar Power Broker Awards winners by market can be found at www.CoStarPowerBrokers.com.
All CoStar Power Broker Awards are based on transaction data in CoStar's commercial real estate database, which is the largest, independently researched database of commercial real estate property information available online. Information in CoStar's database is verified and continuously updated by approximately 900 CoStar researchers, comprising the largest commercial real estate research operation of its kind. CoStar’s U.S. database contains more than 3 million commercial properties, and the total U.S. square footage of gross building area tracked and maintained by CoStar exceeds 70 billion square feet.
About CoStar Group, Inc.
CoStar Group (Nasdaq: CSGP) is commercial real estate's leading provider of information and analytic services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 1,500 worldwide, including the industry's largest professional research organization. For more information, visit www.costar.com.