CoStar Group Strikes Deal to Secure Relocation of Headquarters to Arlington, Virginia
CoStar Group, Inc. (CSGP)
Last costar group, inc. earnings: 4/28 04:02 pm
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Source: Business Wire
Gartner will cede 11 floors in 1201 Wilson Boulevard to secure CoStar Group’s corporate headquarters relocation in early 2025 WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced an agreement with research and consulting firm Gartner to take back-office space previously leased by Gartner in Arlington, Virginia. Located at 1201 Wilson Boulevard, the building is a 552,000 square foot trophy office tower with LEED Platinum certification. CoStar Group purchased the property earlier this year with the intention of relocating its Washington, DC employees to Arlington as part of a corporate headquarters transition.As part of the deal, Gartner paid CoStar Group a $48 million early termination fee and signed a new lease for approximately 49,000 square feet on floors 11 and 12 at 1201 Wilson Boulevard for a term through December 2032 at prevailing market rates. The
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CSGP
News
- CoStar Group, Inc. (NASDAQ: CSGP) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $90.00 price target on the stock.MarketBeat
- CoStar Group Partners with eXp Commercial to Provide Expanded Technology SuiteBusiness Wire
- CoStar Group Insiders Sold US$8.4m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- 365 Connect Releases Junk Fee Act Compliance Feature Across Its Marketing and Leasing Platform [Yahoo! Finance]Yahoo! Finance
- CoStar Group, Inc. (NASDAQ: CSGP) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $100.00 price target on the stock.MarketBeat
CSGP
Earnings
- 10/22/24 - Beat
CSGP
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/10/24 - Form 144
- CSGP's page on the SEC website