Founder Governance

All founding firm votes are public. Each firm casts one vote. Simple majority (6 of 10) passes.

CBRE · Founding
3
Total Votes
1
Open — Awaiting Vote
1
Passed
1
Failed
Vote #001 Open Closes March 31, 2026
Corporate Occupier Participation — Allow or Prohibit
Should 1MLX permit corporate tenant and occupier organizations to participate on the platform at all? This is a threshold eligibility vote. If passed, a subsequent vote will establish access scope, data permissions, and pricing. Requires 8 of 10 votes to pass.

Issue Detail

CoStar sells subscriptions to large corporate occupiers including law firms, financial institutions, and retail chains. This vote decides only whether 1MLX will allow occupier participation at all — it does not set terms, pricing, or access scope.

A YES vote opens enrollment to corporate occupier participation. If passed, the Founders Council will determine access scope, data permissions, and pricing by subsequent vote. Any revenue generated from occupier subscriptions flows 100% to the founding firms quarterly — 1MLXOPS receives no share of non-subscription income.

Requires 8 of 10 votes to pass — this is a new revenue stream activation decision under the Founders Council governance rules.

CBRE — Cast Your Vote

Live Tally

4 Yes · 2 No · 1 Abstain · 3 Pending
Majority threshold: 6 of 10 firms · 4 votes needed to pass
  • Avison Young ✓ Yes
  • CBRE Not yet cast
  • Colliers ✕ No
  • Cushman & Wakefield✓ Yes
  • JLL ✓ Yes
  • Lee & Associates Pending
  • Marcus & Millichap— Abstain
  • NAI Global Pending
  • Newmark ✓ Yes
  • Savills ✕ No
Vote #002 Passed Closed February 15, 2026 · Final: 8–1–1
API Market Signal Feed — Founding Tier Only
Restrict programmatic API access to aggregated market signal data only. No individual listing records or firm-level data to be returned via API. Founding members only.
This measure passed on February 15, 2026 with 8 Yes votes. It is now in effect.

Issue Detail

The vote established that the 1MLX API returns aggregated market signals only — total SF, average rents, vacancy trends, absorption, and days on market by submarket. No individual listing records are accessible via API.

This protects firm data sovereignty while still delivering meaningful market intelligence to founding members who pipe 1MLX data into their own internal tools and CRMs.

Final Tally

8 Yes · 1 No · 1 Abstain
Result: PASSED · Threshold met February 15, 2026
  • Avison Young ✓ Yes
  • CBRE ✓ Yes
  • Colliers ✓ Yes
  • Cushman & Wakefield✓ Yes
  • JLL ✓ Yes
  • Lee & Associates ✓ Yes
  • Marcus & Millichap — Abstain
  • NAI Global ✓ Yes
  • Newmark ✓ Yes
  • Savills ✕ No
Vote #003 Failed Closed January 30, 2026 · Final: 3–6–1
Weighted Voting by Agent Count
Proposal to weight each founding firm's vote by its number of enrolled agents rather than one vote per firm. Rejected — one firm, one vote governance model remains in effect.
This measure failed on January 30, 2026 with only 3 Yes votes. One firm, one vote remains the governing rule.

Issue Detail

The proposal would have given larger firms — those with more enrolled agents — proportionally more voting influence. Smaller founding firms opposed the measure, correctly noting that egalitarian governance was a founding principle of the platform.

The one firm, one vote model is now confirmed as the permanent governance standard for founding member decisions unless reopened by a future vote.

Final Tally

3 Yes · 6 No · 1 Abstain
Result: FAILED · Did not reach 6-vote threshold
  • Avison Young ✕ No
  • CBRE ✓ Yes
  • Colliers ✕ No
  • Cushman & Wakefield✓ Yes
  • JLL ✓ Yes
  • Lee & Associates ✕ No
  • Marcus & Millichap ✕ No
  • NAI Global — Abstain
  • Newmark ✕ No
  • Savills ✕ No