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CB Richard Ellis signs with dot-com.


CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  and PropertyFirst.com have executed a new agreement under which all CB Richard Ellis brokers based in the U.S. have become members of PropertyFirst.com. CB Richard Ellis is the largest commercial real estate services company in the world.PropertyFirst.com provides technology, marketing and information services See Information Systems.  that make the Web work for commercial real estate professionals.

Under the new agreement, CB Richard Ellis brokers will use PropertyFirst's for-sale and for-lease systems to market their properties. As part of PropertyFirst membership, brokers are able to utilize the company's lead-generation tools, which identify and connect sellers' representatives with buyers interested in similar properties, as well as connect landlords and tenants. Also, brokers can create online, customized property marketing packages with unlimited attachments, such as demographic See demographics.  information or Argus files. Additionally, PropertyFirst's for-sale marketplace allows for controlled-access marketing; a broker can choose to make a listing public, private or confidential confidential,
adj pertaining to information that is only shared with those directly responsible for patient care.
, with password-protected access.

As a result of the new agreement between PropertyFirst and CB Richard Ellis, it's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 expected that all CB Richard Ellis properties for sale and lease in the U.S. will be listed in the PropertyFirst.com marketplace.

In 1999, CB Richard Ellis completed over 30,000 sale and lease assignments, with an aggregate consideration value of approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 $48 billion. The company placed over $6 billion of commercial debt and $22 billion of equity.

The propertyFirst.com marketplace currently includes more than 11,500 properties for sale, with a consideration value of over $40 billion, and 13,700 spaces for lease. The website generates 4 million hits per month.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 14, 2001
Words:263
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