CoStar renews with Cushman & Wakefield. (Technology Update).CoStar Group CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of Inc. has signed a multi-year renewal agreement to provide its industry leading leasing and sales data to over 2,000 Cushman & Wakefield Inc. professionals nationwide. Co Star Group is the leading provider of information services See Information Systems. to the U.S. commercial real estate industry. Cushman & Wakefield is one of the premier real estate services firms worldwide. The agreement provides Cushman & Wakefield professionals with access to CoStar Property(TM), a complete inventory of office and industrial properties, to re search leasing options and analyze market conditions. In addition, Cushman & Wakefield investment sales and valuation professionals will have access to CoStar. COMPS Comps Another term for "same store sales," which helps investors determine how well a company's brand is doing and how the stores are increasing revenue. Notes: For example, you might hear that Wal-Mart's comps increased 9% last quarter. [R] the only verified ver·i·fy tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies 1. To prove the truth of by presentation of evidence or testimony; substantiate. 2. national database of comparable sales transactions. "CoStar provides the best data available, stated Bruce Mosler, president of Cushman & Wakefield's U.S. Operations. "And that's what is most important to us- equipping e·quip tr.v. e·quipped, e·quip·ping, e·quips 1. a. To supply with necessities such as tools or provisions. b. our brokers with the best information to represent our clients." "We have enjoyed close, collaborative relationship with Cushman & Wakefield's brokerage and research professionals for several years," stated CoStar Group president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Andrew C. Florance "Cushman & Wakefield is known for, providing the highest level of service to its clients. We're pleased to continue our long-term association with one of commercial real estate's largest and most prestigious firms." "our long-term relationship with CoStar has enabled us to provide our professionals with the highest quality data while maximizing, our ongoing investment in our internal research staff," Mosler added. "With CoStar as our information partner, our professionals can spend more time analyzing data and advising clients." |
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