DAUM COMMERCIAL REAL ESTATE SERVICES HONORED WITH 2011 COSTAR POWER BROKER AWARD

Mar 8, 2012

Commercial Real Estate’s Leading Independent Research Service Recognizes Top Leasing and Sales Firms in the Industry

 DAUM COMMERCIAL REAL ESTATE SERVICES HONORED WITH 2011 COSTAR POWER BROKER AWARD

DAUM Commercial Real Estate Services has been selected by CoStar Group (NASDAQ: CSGP), commercial real estate’s leading independent research firm, to receive a CoStar Power Broker Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases for the entire year of 2011 in their respective markets. 

As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U.S. All awards are based on transaction data maintained in CoStar’s commercial real estate database, which is the largest independently researched database of commercial real estate property information available online.

DAUM Commercial Real Estate Services qualified as one of the top commercial brokerage firms based in Southern California on total transactions closed during the year. In order to be selected for this honor, DAUM Commercial Real Estate Services was evaluated against other commercial real estate brokerage firms active in its region by CoStar Group, and subsequently ranked among the top firms in the market.

“DAUM is honored to receive a CoStar Power Broker Award and it speaks to high level of expertise, professionalism and talent that our firm possesses in our core markets and product types,” said Chad Jacobson, Chief Operating Officer of DAUM Commercial Real Estate Services.”

“CoStar Group is very proud to recognize the preeminent brokerage firms and brokers who performed at the industry’s highest level by achieving remarkable sales and leasing success in 2011,” said CoStar Group Founder and CEO Andrew C. Florance. “These top performers truly represent the best of the best in the industry, and they deserve to be recognized for their proven deal-making abilities. We congratulate DAUM Commercial Real Estate Services on this impressive professional accomplishment.”

About CoStar Group, Inc.

CoStar Group (Nasdaq: CSGP) is commercial real estate’s leading provider of information and analytic services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 1,500 worldwide, including the industry’s largest professional research organization. For more information, visit www.costar.com.

About DAUM Commercial Real Estate Services

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management.  Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company.  DAUM has 9 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.