Green Street Expands Global Reach with Acquisition of Local Data Company

Green Street Expands Global Reach with Acquisition of Local Data Company

In a strategic move to enhance its real estate intelligence and analytics offerings, Green Street, a prominent provider of commercial real estate data and insights based in Newport Beach, California, has announced the acquisition of Local Data Company (LDC), a leading provider of proprietary data and insights focused on the retail and leisure market in Great Britain, headquartered in London, UK. The financial details of the deal have not been disclosed.

Jeffry Stuek Jr., CEO of Green Street, expressed enthusiasm about this milestone, stating, “This acquisition enables us to provide more granular intelligence on one of the core sectors we cover, delivering deeper insights into the current and future state of the UK retail market.”

Local Data Company is renowned for its expertise in tracking openings and closures of retail and leisure businesses across the United Kingdom. Their data, analytics, and insights play a crucial role in shaping strategies and decision-making for businesses across various sectors, including retail, leisure, media, investment, property, and financial services.

Green Street, led by CEO Jeffry Stuek Jr., has a 35-year history of delivering actionable commercial real estate research, data, analytics, and advisory services in both the United States and Europe. Their acquisition of LDC marks a significant step forward in expanding their global reach and enhancing the depth of their market intelligence.

The combined strengths of Green Street and Local Data Company are expected to empower businesses, investors, and industry participants in making more informed and strategic decisions within the evolving real estate landscape.