CB Commercial Telecommunications Site Services launches cell-site location, acquisition and site-management program.WASHINGTON--(BUSINESS WIRE)--Aug. 28, 1995--CB Commercial Real Estate Group Inc. Monday announced that it has formed a new venture to assist the personal communications services See PCS. (PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ) industry in locating, selecting, acquiring and managing cell sites for the new wireless-telephone system. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Executive Vice President Richard A. Pogue, the venture, called CB Commercial Telecommunications Site Services (CBCTSS), will offer a wide range of site-acquisition services, including location research, zoning and local regulation process compliance, community relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. , real estate contracts processing, environmental and biohazard bi·o·haz·ard n. 1. A biological agent, such as a virus or a condition that constitutes a threat to humans, especially in biological research or experimentation. 2. issue compliance, Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control permitting, equipment space planning and interfacing with engineering and construction teams. ``The PCS industry will need to install approximately 100,000 cell sites in the U.S. over the next three years,'' said Pogue. ``In contrast, the cellular-phone industry has installed fewer than 20,000 sites in 12 years. One of the major hurdles yet to be overcome in offering PCS to the public is acquiring and constructing the necessary infrastructure.'' CB Commercial Real Estate Group has more than 85 offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with alliances in Europe, Mexico, Canada and South America. All 20 of the largest PCS major trading areas (MTAs) established by the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. are serviced with CB Commercial offices. Additionally, CB Commercial has a presence in 28 of the 51 MTAs across the country. For those areas currently not served by CB Commercial Real Estate offices, the company is in the process of forming alliances in order to provide a seamless network of licensed and trained real estate brokers. Furthermore, CB Commercial possesses a proprietary database listing more than 1 million geo-coded commercial properties throughout the United States. Called Property Information Management System (PIMS PIMS Pacific Institute for the Mathematical Sciences PIMS Penalty Minutes (hockey) PIMS Pakistan Institute of Medical Sciences PIMS Profit Impact of Market Strategy PIMS Project Information Management System ), this proprietary database allows quick access nationally to more than 4.2 billion square feet of office space, 11 billion square feet of industrial space and more than 2.2 billion square feet of retail, shopping-center space. Through PIMS, each of these properties can be selected by latitude, longitude, ownership and building height (number of stories). Coupled with CB Commercial's existing relationships with building owners and managers, PIMS will accelerate the critical early site inventory and selection phases of the site-acquisition process. The CBCTSS management team for PCS services includes the professionals who managed the location and acquisition of more than 140 sites for the prototype PCS system built in the Washington, D.C., and Baltimore area in 1994 for American Personal Communications. In addition to this recent experience in PCS site acquisition, CB Commercial brokers have managed more than 565 cellular-site acquisitions in seven separate geographical locations throughout the United States. Since PCS carriers have bid more than $7.7 billion to date, ``time to market'' is of critical importance. ``Our combination of PCS-industry experience, unique database and extensive broker network will assist our clients in deploying their infrastructure quickly and economically,'' Pogue added. CONTACT: CB Commercial Telecommunications Site Services Hank Allen or Richard A. Pogue, 703/917-5525 John M. O'Brien, 619/696-1400 |
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