27 Mar, 2017 Press Releases

Hunington Properties’s Rafael Melara Receives 2016 CoStar Power Broker Award

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Press Contact: Arianna Vargas, 713-623-6944

Commercial Real Estate’s Leading Independent Information Provider Recognizes Market’s Top Leasing and Sales Brokers

[HOUSTON, TEXAS – MARCH 21st 2017– HUNINGTON PROPERTIES] is pleased to announce that Mr. Rafael Melara has been named a 2016 CoStar Power Broker TM by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. This annual industry award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2016 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 Canada. All awards are based on transaction data maintained in CoStar’s commercial real estate database.

Melara qualified as one of the top commercial brokers in the Houston area based on the total leasing transactions he closed during the year. In order to be selected for this honor, Melara’s overall transaction volumes were evaluated by CoStar against other commercial real estate brokers active in the region, and subsequently ranked among the top brokers in the market.

“With such an active year in commercial 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.”

The complete list of 2016 CoStar Power Broker Awards winners can be found at CoStarPowerBrokers.com.

About Hunington Properties:
Hunington Properties was established in 1984 by Sandy P. Aron. Since that time, he has built a team of like-minded professionals who realize commercial real estate success is built on a combination of honor,
perseverance, market savvy, hard work, and a commitment to helping clients achieve their financial objectives.

This dedication to maximizing the value of our clients’ real estate has resulted in steady, continual growth for the firm in terms of total employees, geographic coverage, and total square footage. Over the past few years– representing one of the most challenging real estate markets in history – Hunington Properties annual milestones include:

• Management of 150 retail properties located across Texas and the South/Central US
• Negotiation of numerous lease transactions, representing both clients and tenants
• Numerous sales and acquisitions of income-producing properties on behalf of investors
• Building, renovating, and managing the construction details of commercial development
• Consulting on specialized situations representing the opportunity to add value and/or create
savings that total millions of dollars for our clients

As a private commercial brokerage firm, the focus of Hunington Properties is always on our clients, not on Wall Street. Our flat and entrepreneurial organizational structure and hands-on management means that we can quickly react and adjust to ever-changing market conditions. Our experience and insight allows us to identify and capitalize on market trends often well in advance of our larger competitors. And our dedicated in-house support allows our professionals to do what they do best – help our clients get the most out of their real estate.

About CoStar Group
CoStar Group, Inc. (NASDAQ: CSGP) 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. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. LoopNet is the most heavily trafficked commercial real estate marketplace online with more than 10 million registered members. Apartments.com, ApartmentFinder.com, ApartmentHomeLiving.com, and Westside Rentals form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Through an exclusive partnership with Move, a subsidiary of News Corporation, Apartments.com is the exclusive provider of apartment community listings across Move’s family of websites, which include realtor.com®, doorsteps.com and move.com. CoStar Group’s websites attracted an average of nearly 24 million unique monthly visitors in aggregate in 2016. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Canada with a staff of over 3,000 worldwide, including the industry’s largest professional research organization. For more information, visit