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Sprint and CBRE Group, Inc. Win CoreNet Global Industry Excellence Award for Mobile Site Assessment Application

Los Angeles –May 1, 2012 – CoreNet Global honored Sprint and CBRE Group, Inc. with the 10th annual Industry Excellence Award, conferred recently at the CoreNet Global Summit in San Diego, CA. The award – spotlighting management practices and work processes that lead to world-class, superior performance and desired, measurable and sustainable results – recognized the team’s “Innovation Council” for its collaboration on a robust mobile Site Assessment Application. CoreNet Global is the world’s leading corporate real estate association.

CBRE Group’s application leverages Sprint’s Android wireless/mobile technology and CBRE’s site management database to facilitate project planning and storing site information, site surveys and hundreds of photos. The resulting effort created a more comprehensive and accurate site assessment and inspection process, reduced cycle times on the order of 2.5-3 hours per site, and increased cost savings in preventative maintenance.

The mobile application allows users to quickly fill out a site assessment questionnaire and take photos and videos on demand, making them easily – and instantly, via Sprint’s 3G or 4G networks – accessible for viewing by the client’s real estate department.

“We’ve partnered with CBRE for years, and consistently they’ve summoned the right solu​tion for our business when we needed it,” said Brian Jordan, Director of Sprint Real Estate. “This latest retail app is another example. Their efforts – and ingenuity – on our behalf have always been key to Sprint’s achievements over the past couple years in improving customer experience, improving brand perception and increasing our profitability.” 

“The combination of Sprint’s 4G network speed and the wonderful quality of the newest handsets and tablets has combined to make our retail store inspection app a great success,” said Tim Dismond, Regional Director at CBRE. “The quality of the video and the camera has allowed our technicians to capture pictures and video of store facilities much more quickly than with a checklist and a regular camera. Capturing the condition of our facilities is a much more efficient and effective service that we are now able to provide to our client.” 

"Corporate real estate uses technology to inform and advise senior management on important decisions, to run intelligent buildings and to mobilize the workforce,” said Angela Cain, CEO of CoreNet Global. “Sprint and CBRE's success in technology best practices has won deserving recognition for these reasons."  

The CBRE/Sprint team have also been invited to participate in the final phase of the competition, the H.Bruce Russell Global Innovator’s Award, in August at Emory University.

About Sprint Nextel
Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 56 million customers at the end of the first quarter of 2012 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Newsweek ranked Sprint No. 3 in its 2011 Green Rankings, listing it as one of the nation’s greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.​​​​​

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