Proud To Be Named a ‘Power Broker’

We are delighted to let you know that we won the CoStar Group’s prestigious “Power Broker Award™” in the Westchester/Southern Connecticut region for 2012!  This annual award recognizes the “best of the best” in commercial real estate brokerage by honoring the commercial real estate firms and brokers who closed the highest transaction volumes in commercial property sales in their respective markets.  It’s a great honor to receive this acknowledgement from the industry.

Northeast Private Client Group won based on our volume of total investment sales transactions closed in the region last year.  These transactions included the following major deals:

  • $7.5m sale of a grocery-anchored shopping center in New Haven, CT
  • $5m sale of a 164-unit apartment complex in Bridgeport, CT
  • $4.75m sale of a seven-building multifamily portfolio in Greenwich, CT

This news was covered in the Hartford Business Journal, and here’s another link to a news article in StamfordPlus that also covered the award announcement.

This success is due to our great team.  Over the past three years, we’ve recruited and developed a number of talented young professionals in our White Plains and Bridgeport offices that have helped contribute to our success.  We look forward to continuing that momentum.

Here’s some more background on the award:  As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to track transactions and identify the top players across the U.S.  All CoStar “Power Broker Awards” are based on transaction data in CoStar’s commercial real estate database, which is the largest independently researched database of commercial real estate property information available online.  Every year, CoStar tallies the commercial real estate sales and lease transactions that closed during the previous year and then presents awards to the firms and individuals that achieved the highest volume of sales and leases in more than 90 markets across the country.  A complete list of winners by market can be found at www.CoStarPowerBrokers.com.

With our four offices in New York, Connecticut and Massachusetts, our investment sales teams are well positioned to support multifamily and commercial investors from New York to Boston.  If you’re a property owner or an investor in the mid-market segment and want to discuss your investment goals and how we can help you achieve them, please give us a call.