Insight

Cresa Houston Honored With 2011 CoStar Power Broker Award

Commercial Real Estate’s Leading Independent Research Service Recognizes Top Leasing and Sales Firms in the Industry

March 15, 2012
HOUSTON – Cresa Houston has been selected by CoStar Group (NASDAQ: CSGP), commercial real estate’s leading independent research firm, to receive a CoStar Power Broker Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases for the entire year of 2011 in their respective markets.

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 throughout the U.S. All awards are based on transaction data maintained in CoStar’s commercial real estate database, which is the largest independently researched database of commercial real estate property information available online.

Cresa Houston qualified as one of the top commercial brokerage firms in Houston based on total leasing transactions closed during the year. In order to be selected for this honor, Cresa Houston was evaluated against other commercial real estate brokerage firms active in its region by CoStar Group, and subsequently ranked among the top firms in the market.

Cresa Houston significant transactions that closed in 2011 included: Precision Drilling, Cemex, Whitaker Companies, Merrick Systems, Muscular Dystrophy Association, CDM, Northstar Healthcare, CTREC Hilton, Direct Energy, and Noble Americas.

“Cresa Houston is proud to be recognized by Costar as one of Houston’s most active brokerage firms. Houston is a competitive market with a tremendous amount of talent in its brokerage community and we are honored to share this award with other notable groups in the city. We look forward to the many challenges ahead as we set our sights higher in our pursuit to gain market share.” – André R. Granello, CCIM, SIOR, Managing Principal.

“CoStar Group is very proud to recognize the preeminent brokerage firms and brokers who performed at the industry’s highest level by achieving remarkable sales and leasing success in 2011,” said CoStar Group Founder and CEO Andrew C. Florance. “These top performers truly represent the best of the best in the industry, and they deserve to be recognized for their proven deal-making abilities. We congratulate Cresa Houston on this impressive professional accomplishment.”

The complete list of 2011 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.


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.


About Cresa
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world’s largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries. For more information visit www.cresa.com.