This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Jones Lang LaSalle Signs New Enterprise Agreement To Expand Use Of CoStar Group's Comprehensive Commercial Property Information To Serve Its U.S. Client Base

WASHINGTON, March 24, 2011 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP) announced that Jones Lang LaSalle (NYSE:JLL) has signed a new enterprise-wide agreement to expand its use of CoStar Group's comprehensive commercial property, tenant and comparable sales information for the benefit of its domestic client base throughout the United States.

Jones Lang LaSalle is one of the largest providers of real estate and financial services in the world, and has been a major CoStar client since 2000. The firm is committed to delivering expert analysis to its clients through its robust in-house research team that analyzes real estate market conditions using the best available internal and external information resources, including CoStar's research data. Through successive agreements with CoStar over the past decade, Jones Lang LaSalle has consistently added new CoStar services and markets.

Under the newest agreement, Jones Lang LaSalle has increased its total number of CoStar market subscriptions and provided its U.S.-based professionals with full access to all CoStar market subscription services in their local offices. These services include CoStar's flagship property information service, CoStar Property Professional ®, as well as CoStar COMPS Professional ® and CoStar Tenant ®, three industry-leading information services that speed transactions, reduce deal-related costs and improve overall efficiency for real estate professionals.

Jones Lang LaSalle also designated several of its U.S. offices as national subscription sites, with full access to CoStar's complete U.S. data set for CoStar Property and CoStar COMPS. CoStar will continue to host U.S. property listings available on Jones Lang LaSalle's website.

Importantly, the new agreement provides Jones Lang LaSalle with greater flexibility to accommodate growth in the number of its users with access to CoStar's information services for years to come. The firm has recently experienced tremendous growth throughout its Americas region and continues to add strong market hires across its platform worldwide. The firm's expanded access to CoStar's services is expected to increase the level of service its brokers provide to their client base.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs