CoStar Group Announces Winners of 2024 CoStar Impact Awards
March 27 2024 - 9:00AM
Business Wire
Winners were selected by a panel of more than
660 esteemed industry professionals across 128 international
markets
CoStar Group (NASDAQ: CSGP), a leading provider of online real
estate marketplaces, information, and analytics in the property
markets, today announced the winners of the 2024 CoStar Impact
Awards.
The 2024 CoStar Impact Awards recognize exemplary commercial
real estate transactions and projects completed in 2023 that have
significantly influenced neighborhoods or submarkets across 128
major international markets in the United States, Canada and the
United Kingdom.
The awards recognized over 380 winners across five categories:
Lease of the Year, Sale/Acquisition of the Year, Commercial
Development of the Year, Multifamily Development of the Year and
Redevelopment of the Year. Winning transactions and projects—chosen
for their impact on the vibrancy, economic activity, growth,
diversification and innovation of their markets—were selected from
a panel of more than 660 industry professionals drawn from each
respective market.
“Now in its third year, the CoStar Impact Awards are an
incredible opportunity to recognize the real estate projects
fundamentally transforming the industry landscape,” said Andy
Florance, Founder and Chief Executive Officer of CoStar Group. “Our
diverse panel of judges worked diligently to identify the most
impactful commercial real estate projects across a range of
categories that are shaping the future of the industry and the
communities in which they serve. It’s an honor to recognize the
companies and projects propelling the real estate sector
forward.”
Notable winning entries for this year included One Madison
Avenue, which was named the winner of the Redevelopment of the Year
category in the New York City market. The building is a 27-floor,
1.4 million-square-foot office tower in the heart of Midtown South
and adjacent to Madison Square Park. Judges praised the project's
ability to develop a design that respects the building’s rich
history while creating a new architectural paradigm and expanding
health and wellness amenities with a rooftop event space, lounge
area and a brand-new Chelsea Piers fitness center.
Another notable entry from this year was 2100 M St, an
office-to-residential conversion awarded with CoStar’s
Sale/Acquisition of the Year in the Washington, DC market.
Currently a vacant 301,000-square-foot office building, 2100 M St
represents the second-largest office-to-residential conversion in
Washington, DC and is a unique opportunity to reposition the asset
in a highly distinguished location. Judges recognized Post
Brothers’ ability to close on this property even with DC’s firm
position on office-to-residential conversions.
To learn more about the CoStar Impact Awards and review the
winners, visit CoStarImpactAwards.com/.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a leading provider of online real
estate marketplaces, information, and analytics in the property
markets. Founded in 1987, CoStar Group conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of real estate information. CoStar is the global leader in
commercial real estate information, analytics, and news, enabling
clients to analyze, interpret and gain unmatched insight on
property values, market conditions and availabilities.
Apartments.com is the leading online marketplace for renters
seeking great apartment homes, providing property managers and
owners a proven platform for marketing their properties. LoopNet is
the most heavily trafficked online commercial real estate
marketplace with over twelve million monthly global unique
visitors. STR provides premium data benchmarking, analytics, and
marketplace insights for the global hospitality industry. Ten-X
offers a leading platform for conducting commercial real estate
online auctions and negotiated bids. Homes.com is the fastest
growing online residential marketplace that connects agents,
buyers, and sellers. OnTheMarket is a leading residential property
portal in the United Kingdom. BureauxLocaux is one of the largest
specialized property portals for buying and leasing commercial real
estate in France. Business Immo is France’s leading commercial real
estate news service. Thomas Daily is Germany’s largest online data
pool in the real estate industry. Belbex is the premier source of
commercial space available to let and for sale in Spain. CoStar
Group’s websites attract over 100 million unique monthly visitors.
Headquartered in Washington, DC, CoStar Group maintains offices
throughout the U.S., Europe, Canada, and Asia. From time to time,
we plan to utilize our corporate website, CoStarGroup.com, as a
channel of distribution for material company information. For more
information, visit CoStarGroup.com.
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News Media Matthew Blocher CoStar Group (202) 346-6775
mblocher@costargroup.com
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