Marcus & Millichap signs up with CoStar. (Technology).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., the leading provider of information services See Information Systems. to the U.S. commercial real estate industry, has signed a multi-market, multi-year renewal agreement with Marcus Marcus, in the Bible: see Mark, Saint. & Millichap, the nation's largest real estate investment brokerage firm. Under terms of the agreement, CoStar will provide. Marcus & Millichap brokers with access to CoStar Property(tm) in 26 U.S. markets. CoStar Property is the nation's largest and most comprehensive inventory of office and industrial properties. Marcus & Millichap's 600 investment professionals and national research team also 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 most comprehensive confirmed sales transaction database in the nation. "Marcus & Millichap continues to be our largest corporate client for CoStar COMPS," said Andrew C. Florance, 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. . "Clearly, CoStar's products bring additional value to Marcus & Millichap's efforts to provide the most comprehensive national investment perspective to its clients. Our products will continue to supplement Marcus & Millichap's current outstanding research and analysis capabilities." "We are committed to providing the best possible- service to our clients," said Hessam Nadji, managing director and chief marketing officer for Marcus & Millichap. "CoStar's products are an important part of our market data collection efforts, which span numerous local and national sources as well as our own databases. By accessing and analyzing the broadest data set available in the marketplace, our investment professionals are able to help investors formulate formulate /for·mu·late/ (for´mu-lat) 1. to state in the form of a formula. 2. to prepare in accordance with a prescribed or specified method. the right investment strategy." |
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