Commercial Real Estate’s Leading Independent Research Service Recognizes Top Leasing and Sales Firms in the Industry

Colliers International | Pittsburgh 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 and individual brokers 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.

Colliers International | Pittsburgh qualified as one of the top commercial brokerage firms in Pittsburgh based on total leasing and sale transactions closed during the year.　In order to be selected for this honor, Colliers International | Pittsburgh 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.

Colliers International | Pittsburgh’s significant transactions that closed in 2011 included the UPMC lease of 148,000 SF, the Restaurant Depot purchase of 13 acres and Cellone’s purchase of 115,000 SF.

Patrick Sentner SIOR, Founding Principal at Colliers International | Pittsburgh and John Bilyak CCIM, Principal at Colliers International | Pittsburgh, also received CoStar Power Broker Awards for Top Industrial Leasing Brokers.  Bilyak also was awarded a CoStar Power Broker Award as a Top Sales Broker.

“As a firm we are proud to be recognized by CoStar as active among our peers,” said John Bilyak CCIM, Principal at Colliers International | Pittsburgh.

“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 Colliers International | Pittsburgh on this impressive professional accomplishment.”

The complete list of 2011 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.