HFO Investment Real Estate 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 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.
Cody Hagerman, Greg Frick, Tim O’Brien and Rob Marton also each qualified as four of the top 10 commercial brokers in Portland based on the total sale transactions closed during the year. In order to be selected for this honor, HFO’s partners were evaluated against other commercial real estate brokers active in the region by CoStar Group, and subsequently ranked among the top brokers in the market.
“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 HFO Investment Real Estate on this impressive professional accomplishment.”
The complete list of 2011 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.