BRIDGEPORT, CT - Investment sales broker Northeast Private Client Group has been selected by CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading provider of information and analytics, as CoStar’s “Power Broker Award” winner for 2012. This annual award recognizes the “best of the best” in commercial real estate brokerage by honoring the firms and brokers who closed the highest transaction volumes in commercial property sales in their respective markets.
Northeast Private Client Group qualified as one of the top commercial brokerage firms of 2012 in the Westchester/Southern Connecticut region based on its volume of $65 million in total investment sales transactions closed in the region last year. Northeast Private Client Group completed the following major transactions in 2012: a $7.5m sale of a grocery-anchored shopping center in New Haven, CT; a $5m sale of a 164-unit apartment complex in Bridgeport, CT; and a $4.75m sale of a seven-building multifamily portfolio in Greenwich, CT.
“I’m extremely proud of our entire Northeast PCG team,” says Edward Jordan, JD, CCIM, the firm’s managing director. “Over the past three years, we’ve recruited and developed a number of talented young professionals in our White Plains and Bridgeport offices, who have helped contribute to our success. We’re grateful for this acknowledgement within the industry.”
With 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. Northeast Private Client Group 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.
“CoStar is proud to honor the firms and brokers who perform at the industry’s highest level each year,” said CoStar Group CEO Andrew C. Florance. “These industry leaders deserve to be recognized for their hard work, expertise and superior deal-making abilities. We extend our congratulations to Northeast Private Client Group on this achievement.”
The complete list of 2012 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.