Madison, WI, March 27, 2016 --(PR.com
)-- Cresa Wisconsin has been selected by CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, to receive two CoStar Power BrokerTM Awards. Cresa Wisconsin is also pleased to announce that Managing Principal Tim Rikkers has been given two 2015 CoStar Power BrokerTM Awards. This annual 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.
Cresa Wisconsin received two top brokerage firm awards for leasing transactions closed during the year in Madison and Milwaukee. In order to be selected for the honor, Cresa Wisconsin’s overall transaction volumes were evaluated by CoStar against other commercial real estate brokerage firms active in each region, and subsequently ranked among the top firms in each market.
Tim Rikkers also received honors as a Power Broker in both the Madison and the Milwaukee market based on the total leasing transactions he closed during the year.
Significant transactions closed by Rikkers included 28,257 square feet of space just off the Capitol Square in Madison for EatStreet.com, as well as over 20,000 square feet each for Employee Benefits Corporation, NeuWave Medical, and Navitus.
Cresa Wisconsin’s team earned the Power BrokerTM Award with deals such as 86,000 square feet for Dentaquest, which closed the second largest office lease transaction in Wisconsin in 2015, OnCourse Learning, Ward Brodt and Upper Iowa University.
“As a tenant-only representation firm, this kind of recognition for our work is greatly appreciated,” stated Rikkers. “Because we never represent landlords, you won’t see our name on a ‘for lease’ sign on the side of a building. The CoStar Power BrokerTM Award shows that we are quietly building a movement that empowers the consumer to negotiate with confidence against the landlord.”
“Naturally, our larger deals tend to stand out,” added Josh Rikkers, Managing Principal at Cresa Wisconsin who was instrumental in the Dentaquest deal, “but we work with all sizes and types of companies. Right now Madison and Milwaukee are becoming tech magnets and we’re doing a lot of work with startups.”
“With such an active year in commercial real estate, CoStar is proud to honor the individual brokers and firms 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 expertise, hard work and superior deal-making abilities. We extend our congratulations to this year’s winners on their exceptional sales and leasing success.”
Cresa Wisconsin has been received the Power BrokerTM Award every year since 2011.
The complete list of 2015 CoStar Power Broker Awards winners can be found at CoStarPowerBrokers.com
Cresa is the world's largest tenant-only commercial real estate firm. In representing tenants exclusively - no landlords, no developers - we provide unbiased, conflict-free advice. Our integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. We offer our clients customized solutions with over 60 offices covering 75 markets worldwide. For more information, visit www.cresa.com.
About CoStar Group, Inc.
CoStar Group 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. Their suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. More information about CoStar can be found at www.costargroup.com