Industrial Real Estate for the Tennessee Valley Region

Baker Realty Company & Bob Thornton Receives 2015 CoStar Power Broker Award

April 19, 2016, Knoxville, TN

Commercial Real Estate’s Leading Independent Information Provider

Recognizes Market’s Top Leasing and Sales Broker

Baker Realty Company and Bob Thornton has been selected by CoStar Group, Inc. (NASDAQ:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, to receive the CoStar Power Broker Award.  This annual industry award recognizes distinguished professionals and firms in industrial real estate brokerage by highlighting the achievements of the firms and individual brokers who closed the highest transaction volumes in industrial 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.

Thornton qualified as one of the top industrial brokers in the Knoxville and East Tennessee Region based on, both, the total leasing and sale transactions, he closed during the year.  In order to be selected for this honor, Thornton’s overall transaction volumes were evaluated by CoStar against other real estate brokers active in the region, and subsequently ranked among the top brokers in the market. Significant transactions closed by Thornton in 2015 included Kellogg’s, PolyOne, Vericom, and Pharma Packaging/Carton Services.

Also, Baker Realty Company qualified as one of the top industrial brokerage firms in the Knoxville, Tennessee Region based on both leasing and sales transactions. Baker transactions, all industrial, totaled approximately $40 Million Dollars and 2 Million Square Feet closed in 2015.

Baker Realty Company continues to be the leading industrial real estate company in the Knoxville and East Tennessee Region. “Our combined experience and knowledge of the industrial real estate market and our long-standing relationships with national corporate real estate officials, brokerage and site selection firms, has been our company’s primary strengths”, Thornton stated.

“With such an active year in industrial real estate, CoStar is proud to honor the firms and brokers 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 hard work, expertise and superior deal-making abilities. We extend our congratulations to this year’s winners on their hard earned achievement”.

Bob Thornton, SIOR
Baker Realty Company