X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Sitestuff.com Inc. continues to make inroads into the commercial real estate market, picking up additional second round funding this week.

The Austin-based company said this week it has closed on $40 million in financing, including $30 million from an alliance of CB Richard Ellis, Jones Lang LaSalle and Trammell Crow. The trio has agreed to make SiteStuff.com their primary Web-based procurement partner.

Another $5 million came from Sevin Rosen Funds and Centerpoint Ventures. Sitestuff.com secured the balance through debt financing from leading high-tech lenders, Imperial Bank and Comdisco Inc.

Also on board with SiteStuff are Dallas-based The Staubach Co.’s property operations unit and Western National Property Management and Irvine Apartment Management Co., both in Orange County, CA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.