CoStar Group Headquarters Research Center for Nation's Commercial Real Estate Clearing House in Richmond

Company Hiring 730 Researchers and Software Developers Locally, Making CoStar Group One of Richmond's Top 10 Employers

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Oct 26, 2016, 05:28 ET

WASHINGTON, Oct. 26, 2016 /PRNewswire/ -- CoStar Group, Inc. (NASDAQ: CSGP) has selected Richmond, Virginia for its research operations headquarters, following a national search. As a result, CoStar expects to create approximately 730 jobs in Richmond and invest a quarter billion dollars into the local economy.

Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/7963151-costar-group-selects-richmond-for-research-operations-headquarters

CoStar Group Expanding. CoStar Group headquarters research operations in Richmond, creating 730 jobs.

CoStar Group will occupy three floors of the nine-story WestRock Co.’s building in downtown Richmond

State and City Officials of Richmond, Virginia, and CoStar Group CEO Gather to Announce Significant Economic Development to Area

CoStar Group Ready to Bring 732 New Jobs to Richmond

Gov. Terry McAuliffe Officially Welcomes CoStar Group & CEO Andrew Florance to Richmond

Terry McAuliffe Presented $4 Million Grant from Commonwealth’s Opportunity Fund to Support Project

CoStar Group creates and delivers the information, marketing, and analytic tools that facilitate the vast majority of commercial real estate transactions in the United States. The CoStar research team curates and certifies information on approximately $1 trillion of potential real estate transactions and tracks billions of dollars of completed deals.

The new Richmond center is expected to be a true technology innovation hub, powering the software development necessary to support the trillions of pieces of content making up the big data behind CoStar's success.

CoStar Group enjoys a 30-year track record of growth and innovation, continuously being recognized as a leader in the industry. Fortune recently listed CoStar Group as one the 100 fastest growing companies in the world; earlier this year, Forbes named CoStar Group as one of the top ten software companies on its most innovative growth companies list.

As a leading U.S. based Company, CoStar Group is firmly committed to retaining and developing talent here, rather than outsourcing to other countries. Many jobs in the Richmond Research Headquarters will be new positions, as the Company continues its investment in meeting the growing content needs of its clients.

CoStar provides excellent compensation, benefits, and work environments. The Company has been named a top workplace by the Washington Post and a leader in philanthropy by the Washington Business Journal. For more information about opportunities in the new Richmond office, visit CoStar.com/Richmond

Media Contact:

Ivette Faulkner
850-668-2222
[email protected]

SOURCE CoStar Group, Inc.