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Weber Wood Medinger/CORFAC International Receives 2015 Power Broker Awards


Washington, DC (March 3, 2016) – CoStar Group, Inc (NASDAQ: CSGP) is pleased to announce that Weber Wood Medinger/CORFAC International (WWM) has been honored with its 2015 Power Broker Award in three categories: as a top firm for leasing, top firm for sales, and WWM’s James Klements, CPA, SIOR and Alan Wood as top industrial leasing brokers.

The annual Power Broker award recognizes the “best of the best” in commercial real estate brokerage by highlighting the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2015 within their respective markets.

With the largest independently researched database of commercial real estate property information available online, CoStar can easily identify the top firms and brokers in each market throughout the U.S. and Toronto, Canada. All awards are based on transaction data maintained in CoStar's commercial real estate database.

Klements and Wood qualified as top 2015 commercial brokers in Cleveland, Ohio based on the total leasing transactions each closed during the year. In order to be selected for this honor, Klements’ and Wood’s overall transaction volumes were each evaluated by CoStar against other commercial real estate brokers active in the region, and subsequently ranked among the top brokers in the market. This same process was followed to identify Weber Wood Medinger/CORFAC International as a top firm for both leasing and sales.

“With such an active year in commercial real estate, CoStar is proud to honor the firms and brokers who perform at the industry’s highest level,” said CoStar Group founder and 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 this year’s winners on their hard earned achievement.”

About Weber Wood Medinger

Since 1968, Weber Wood Medinger/CORFAC International (WWM) has provided an extensive range of real estate services to corporations and investors locally, nationally and internationally by working with a ‘best-in-class’ business model and partnering with the most qualified real estate professionals in multiple markets to represent its clientele. The Beachwood, OH-based company has represented more than 30 Cleveland-area companies in selecting headquarters facilities for their respective businesses and in a variety of methods, including lease, acquisition, build-to-suit development and ground-up construction. The firm’s principals have expertise in corporate consulting, strategic planning, tenant representation specializing in office, R&D and industrial properties, marketing, transaction analysis and landlord representation. For more information visit www.wwmrealestate.com or call 216.464.7100.

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S., in Europe and in Toronto, Canada with a staff of over 2,400 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com.

#Award #AlanWood #JimKlements

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