CoStar Group
 | |
| Public | |
| Traded as | NASDAQ: CSGP |
| Industry | Technology, Commercial Real Estate |
| Founded | 1987 |
| Headquarters | Washington, DC, United States |
Area served | United States, Canada, United Kingdom, France, Germany, Spain |
Key people | |
| Products | Commercial real estate information and marketing |
| Revenue |
 US$ 838 million (2016)[1] |
Number of employees | Approximately 3,000 |
| Website | Corporate website |
CoStar Group, Inc. is an American commercial real estate information and marketing provider with headquarters in Washington, DC. The company has approximately 3,000 employees.
History
CoStar Group, Inc. (CoStar) was founded in 1987 by Andrew Florance in Washington, DC. CoStar is a provider of information, analytics and marketing services to the commercial real estate industry in the United States, Canada, the United Kingdom, France, Germany and Spain. The company’s suite of online service offerings includes information about space available for lease, comparable sales information, tenant information, information about properties for sale, Internet marketing services, analytical capabilities, information for clients' Websites, information about industry professionals and their business relationships, data integration and industry news. Its service offerings span all commercial property types, including office, industrial, retail, land, mixed-use, hospitality and multifamily. CoStar Group went public in 1998 and is traded on the NASDAQ under the symbol CSGP. In April 2012, CoStar Group completed the acquisition of LoopNet, Inc for $860 million.[2] In April 2014, CoStar Group completed the acquisition of Apartments.com for $585 million.[3] In April 2015, CoStar Group announced an agreement to acquire Apartment Finder.[4] In October 2016, CoStar Group announced that Richmond, VA will be the new research headquarters.
Marketing
Jeff Goldblum introduced Apartments.com in a set of ads in 2015 portraying fictional character Brad Bellflower, a tech futurist.[5] Bob Odenkirk directed Goldblum in the 2016 ad campaign, which continued with the Bellflower character.[5]
References
- ↑ "CoStar Group Inc - Investor Relations". Retrieved February 23, 2017.
- ↑ "CoStar Purchase of LoopNet Cleared by FTC With Sale of Stake". Bloomberg. April 26, 2012.
- ↑ "CoStar to Acquire Apartments.com for $585 Million". The Wall Street Journal. March 3, 2014.
- ↑ "CoStar makes another push into the digital apartments sphere with a $170M buy". Washington Business Journal. April 30, 2015.
- 1 2 Kristina Monllos, Jeff Goldblum Is Back in New Ads for Apartments.com, This Time Directed by Bob Odenkirk: 10 spots rolling out from RPA, Ad Week, March 31, 2016