CoStar signs new San Diego contract.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. announced that Burnham Real Estate, one of Southern California's oldest and most diversified real estate firms, has signed a multi-year agreement to provide its professionals with CoStar's full suite of commercial real estate information services See Information Systems. . "We welcome Burnham Real Estate as a customer and look forward to a long-term relationship," said CoStar president and 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. "With over a century of performance, Burnham is one of the most experienced and influential firms in the industry, and we are pleased to provide it with the very best information, software, service, technology and support." A privately owned firm, Burnham Real Estate is one of the largest commercial real estate services firms in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and a prominent leader in the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, business community. Under the license agreement with CoStar, Burnham's professionals in San Diego and Inland Empire In·land Empire A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area. will have access to the most comprehensive property information via CoStar Property Professional. CoStar's premium service provides base-building information, suite-by-suite availabilities, for-sale listings, photos, floor plans and interactive maps. Burnham professionals can use the detailed market reports, historical data and sophisticated analytics and forecasting tools in CoStar Property Professional to help their clients make the most informed decisions. The agreement also includes access to: CoStar Professional Directory, with detailed contact information for over 300,000 commercial real estate professionals; 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. Professional, the largest verified database of commercial comparable sales transactions; and CoStar Exchange, a researched database of commercial properties for sale. Burnham professionals in San Diego will also have access to CoStar Tenant, a database of detailed tenant information for prospecting and analyses. Earlier this month, CoStar announced it had signed new, multi-year agreements with four of the leading commercial real estate brokerage firms in San Diego, specifically, Colliers International, Lee & Associates, Voit Commercial Brokerage and Inland Pacific Commercial Properties. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion