Principal Associates named as a Top Leasing Company in metropolitan Detroit by CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading internet provider of information, analytics and marketing services. 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 in 2017 in their respective markets.
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. 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.
Principal Associates qualified as one of the top commercial brokerage firms in the Detroit marketplace based on total leasing transactions closed during the year. In order to be selected for this honor, Principal Associates 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.
“It is very gratifying to receive CoStar’s recognition of the dedication of our brokers to their client’s needs and requirements. This honor provides welcome confirmation that our “client-centric” approach provides results that our clients have come to expect from Principal Associates,” stated Peter Ventura, CEO Principal Associates.
“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 Principal Associates on this achievement.”