CoStar Group, Inc. (Nasdaq: CSGP) is the number one provider of information services to commercial real estate professionals in the United States as well as in the United Kingdom. CoStar's suite of services offers approximately 75,000 customers access via the Internet to the most comprehensive database of commercial real estate information throughout the U.S. as well as in the United Kingdom and France. Headquartered in Bethesda, MD, the company has approximately 1,300 employees, including the largest professional research organization in the industry.
Corporate MissionEvery Building. Every Detail. Through its products and services, CoStar Group offers customers access to the most comprehensive and accurate database of information on the U.S. commercial real estate industry. CoStar’s suite of products provides customers with critical knowledge to understand market conditions, identify prospects, discover opportunities and conduct transactions efficiently.
Today, CoStar delivers its comprehensive data resource to commercial real estate professionals by bringing together its extensive database, approximately 500 experienced researchers, technological expertise and a broad customer base comprised of the most active real estate firms transacting business in the United States. CoStar envisions a centralized digital marketplace, where the commercial real estate industry can interact and effectively facilitate transactions over the Internet due to the efficient exchange of accurate and standardized information supplied by CoStar.
ProductsCoStar Group has the most comprehensive database available on commercial real estate and provides its full depth of content to the industry through a powerful suite of products. CoStar's database is continually updated by one of the largest professional research staffs in the industry. Our information is gathered through hundreds of thousands of research phone calls, field and courthouse research, door-to-door tenant canvassing, aerial and architectural photography and satellite mapping systems.
Products include:CoStar Property Professional® - CoStar Property Professional® is CoStar’s flagship service. It provides subscribers with a comprehensive inventory of office, industrial and retail properties throughout the United States. Information includes for-lease and for-sale listings, historical data, building photographs, maps and floor plans. Used to identify space for lease and sale, evaluate deals, value assets and position properties.
CoStar Property Express® - CoStar Property Express® is a “light” version of CoStar Property® that allows user access via annual subscription or on-demand (with credit card). Includes base-building information, photos, floor plans, maps and a limited number of reports.
CoStar COMPS Professional™ - CoStar COMPS Professional™ provides comprehensive national coverage of comparable sales information in the U.S. commercial real estate industry. It is the industry’s most comprehensive database of comparable sales transactions. Used to research property comparables, spot market trends, expedite appraisals and support property valuations.
CoStar COMPS Express™ - CoStar COMPS Express™ provides users with immediate, subscription-free access with a credit card to the CoStar COMPS Professional™ system on an as-needed basis. Used by subscribers to research outside their subscription markets.
CoStar Tenant® - CoStar Tenant® is an online service that profiles tenants occupying space in commercial buildings across the United States and provides updates on lease expirations—one of the service’s key features—as well as occupancy levels, growth rates and numerous other facts. Tenant credit reports are available through D&B®.
FOCUS - CoStar’s U.K. subsidiary, Property Intelligence Limited, offers several services under the trade name FOCUS. The primary service, New FOCUS, is an online service that details commercial real estate property, including comparable sales, available space, tenants, lease deals, planning information and more across the U.K. Another subsidiary, Scottish Property Network Limited, provides comprehensive commercial property information for Scotland.
CoStar Connect™ - CoStar Connect™ allows commercial real estate firms to license CoStar’s technology and information to market their U.S. property listings on their corporate Web sites. Helps subscribers save on Web development and ongoing maintenance costs.
CoStar Advertising™ - CoStar Advertising™ provides advertisers with search-based advertising within some of our subscription services. The advertising receives priority positioning and visual enhancement to generate maximum viewer awareness in markets of the advertiser’s choosing.
NRB Shopping Center Directory® - The National Research Bureau (NRB), a CoStar company, publishes the multi-volume Shopping Center Directory®. The Directory provides detailed center by center information including tenants, gross leaseable area, space availability and contact information. Also available as a CD-ROM.
CoStar Photo Express™ - In 2005, we launched CoStar Photo Express — a service designed to enable CoStar Property Professional subscribers to lawfully post CoStar photos on Internet listing services.
CoStar Professional Directory™ - CoStar Professional Directory™ is available to CoStar Property Professional® subscribers at no extra charge. The Directory provides detailed contact information on over 300,000 commercial real estate professionals. The Directory is used to network, identify and evaluate potential business partners and generate mailing lists.
CoStar Market Report™ - The CoStar Market Report™ provides current and historical analytical information on 46 major U.S. metropolitan office and industrial markets. Each quarterly report details absorption, vacancy and rental rates plus average sales prices, cap rates and other local market detail. Available at no charge to CoStar Property Professional® subscribers.
Metropolis™ - The Metropolis™ service provides commercial real estate professionals a simple, convenient way to integrate third-party information and proprietary data into a single source. Limited to Southern California.
CoStar News™ - Our web site, our CoStar services and our e-mail news dispatches have become an accepted source of reliable industry news. In 2005, we published approximately 9,500 news stories.