Are property taxes high tech? These days, anything is high tech if software and hardware can give a company an edge.

CBRE announced the acquisition of Cold River Land. The Alpharetta, Georgia-based firm "offers a comprehensive property tax management platform, including document management, data management, appeals, research and monitoring." In addition to tax management, Cold River Land also enables client payment.

"Cold River Land expands our property and transaction tax capabilities, enabling us to provide a holistic approach that meets all our clients' property tax needs," the release quoted Tom Edwards, global president of valuation and advisory services (VAS) for CBRE, as saying.

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