"A tenant could go to the PropertyFirst.com web site and enter in AMB and come up with all the properties we have available," says a source at AMB, owner and manager of more than 87 million sf in 946 building spread across 25 markets. "They can also enter in specific criteria, such as location and square footage and if we have it available, it will pop up along with any other company's property in the PropertyFirst system."

The agreement between RREEF, which oversees $12.4 billion in pension fund real estate investments, will result in work building 200 to 300 unique property Web sites for the fund manager's 195 corporate, union, public and international clients, according to PropertyFirst. "Our goal is to maximize the day-to-day leasing efforts of all our clients' properties to the brokerage and tenant communities," says Mark Carlson, a principal with RREEF's San Francisco office. "Through PropertyFirst, brokers will receive the information they need to bring us tenants who are specifically interested in our spaces. This will assist us in accelerating transactions at reduced costs by ensuring that all participants in a lease transaction can focus on what they do best."