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CoStar Group Announces Winners of Fourth Annual CoStar Impact Awards

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CoStar Group (NASDAQ: CSGP) has announced the winners of its fourth annual CoStar Impact Awards, recognizing outstanding commercial real estate projects completed in 2024 across 129 international markets. The selection process involved over 630 industry professionals who evaluated nearly 350 winners in categories including Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year, and Sale/Acquisition of the Year.

Notable winners include Chicago's 333 West Wacker, which won Sale/Acquisition of the Year. The 36-story Class A office building, recently sold to Beacon Capital Partners, underwent a $36 million renovation and secured a long-term lease renewal with anchor tenant Nuveen. In Calgary, the Three Sisters Mountain Village, an 800-acre master-planned development, won Commercial Development of the Year for its innovative blend of residential, commercial, and recreational uses.

CoStar Group (NASDAQ: CSGP) ha annunciato i vincitori dei suoi quarti CoStar Impact Awards annuali, riconoscendo progetti eccezionali nel settore immobiliare commerciale completati nel 2024 in 129 mercati internazionali. Il processo di selezione ha coinvolto oltre 630 professionisti del settore che hanno valutato quasi 350 vincitori in categorie tra cui Locazione dell'Anno, Sviluppo Commerciale dell'Anno, Sviluppo Residenziale dell'Anno, Riqualificazione dell'Anno e Vendita/Acquisizione dell'Anno.

I vincitori degni di nota includono il 333 West Wacker di Chicago, che ha vinto il premio per Vendita/Acquisizione dell'Anno. Questo edificio per uffici di classe A, alto 36 piani, è stato recentemente venduto a Beacon Capital Partners, ha subito una ristrutturazione da 36 milioni di dollari e ha ottenuto un rinnovo di locazione a lungo termine con l'inquilino principale Nuveen. A Calgary, il Three Sisters Mountain Village, un progetto di sviluppo pianificato su 800 acri, ha vinto il premio per Sviluppo Commerciale dell'Anno per la sua innovativa combinazione di usi residenziali, commerciali e ricreativi.

CoStar Group (NASDAQ: CSGP) ha anunciado los ganadores de sus cuartos Premios CoStar Impact, que reconocen proyectos destacados de bienes raíces comerciales completados en 2024 en 129 mercados internacionales. El proceso de selección involucró a más de 630 profesionales de la industria que evaluaron casi 350 ganadores en categorías que incluyen Arrendamiento del Año, Desarrollo Comercial del Año, Desarrollo Multifamiliar del Año, Reurbanización del Año y Venta/Adquisición del Año.

Los ganadores notables incluyen el 333 West Wacker de Chicago, que ganó el premio por Venta/Adquisición del Año. Este edificio de oficinas de Clase A, de 36 pisos, fue recientemente vendido a Beacon Capital Partners, se sometió a una renovación de 36 millones de dólares y aseguró una renovación de arrendamiento a largo plazo con el inquilino ancla Nuveen. En Calgary, el Three Sisters Mountain Village, un desarrollo planificado de 800 acres, ganó el premio por Desarrollo Comercial del Año por su innovadora combinación de usos residenciales, comerciales y recreativos.

코스타 그룹 (NASDAQ: CSGP)는 2024년 129개 국제 시장에서 완료된 뛰어난 상업용 부동산 프로젝트를 인정하는 제4회 코스타 임팩트 어워드 수상자를 발표했습니다. 선정 과정에는 630명 이상의 산업 전문가가 참여하여 올해의 임대, 올해의 상업 개발, 올해의 다가구 개발, 올해의 재개발, 올해의 판매/인수 등 거의 350명의 수상자를 평가했습니다.

주목할 만한 수상자로는 올해의 판매/인수 부문에서 수상한 시카고의 333 West Wacker가 있습니다. 36층 규모의 A급 사무실 건물로, 최근 비콘 캐피탈 파트너스에 매각되었으며, 3,600만 달러 규모의 리노베이션을 거쳤고, 주요 임차인인 누빈과 장기 임대 갱신 계약을 체결했습니다. 캘거리에서는 800에이커 규모의 마스터 플랜 개발인 Three Sisters Mountain Village가 주거, 상업 및 레크리에이션 용도의 혁신적인 조합으로 올해의 상업 개발 부문에서 수상했습니다.

CoStar Group (NASDAQ: CSGP) a annoncé les lauréats de ses quatrièmes CoStar Impact Awards annuels, qui récompensent des projets immobiliers commerciaux exceptionnels achevés en 2024 dans 129 marchés internationaux. Le processus de sélection a impliqué plus de 630 professionnels de l'industrie qui ont évalué près de 350 lauréats dans des catégories telles que Location de l'Année, Développement Commercial de l'Année, Développement Multifamilial de l'Année, Réaménagement de l'Année et Vente/Acquisition de l'Année.

Parmi les lauréats notables figure le 333 West Wacker de Chicago, qui a remporté le prix de la Vente/Acquisition de l'Année. Ce bâtiment de bureaux de classe A de 36 étages, récemment vendu à Beacon Capital Partners, a subi une rénovation de 36 millions de dollars et a obtenu un renouvellement de bail à long terme avec le locataire principal Nuveen. À Calgary, le Three Sisters Mountain Village, un développement planifié sur 800 acres, a remporté le prix de Développement Commercial de l'Année pour son mélange innovant d'usages résidentiels, commerciaux et récréatifs.

CoStar Group (NASDAQ: CSGP) hat die Gewinner der vierten jährlichen CoStar Impact Awards bekannt gegeben, die herausragende Projekte im gewerblichen Immobilienbereich aus dem Jahr 2024 in 129 internationalen Märkten anerkennen. Der Auswahlprozess umfasste über 630 Branchenprofis, die fast 350 Gewinner in Kategorien wie Mietvertrag des Jahres, gewerblicher Entwicklung des Jahres, Mehrfamilienentwicklung des Jahres, Umnutzung des Jahres und Verkauf/Erwerb des Jahres bewerteten.

Zu den bemerkenswerten Gewinnern gehört das 333 West Wacker in Chicago, das den Preis für Verkauf/Erwerb des Jahres gewonnen hat. Das 36-stöckige Bürogebäude der Klasse A wurde kürzlich an Beacon Capital Partners verkauft, erhielt eine Renovierung im Wert von 36 Millionen Dollar und sicherte sich eine langfristige Mietverlängerung mit dem Hauptmieter Nuveen. In Calgary wurde das Three Sisters Mountain Village, ein 800 Hektar großes, mastergeplantes Entwicklungsprojekt, für seine innovative Kombination aus Wohn-, Gewerbe- und Freizeitnutzung als gewerbliche Entwicklung des Jahres ausgezeichnet.

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  • Recognition of CoStar's growing influence in the real estate industry through successful awards program
  • Platform's significant reach with 134 million average monthly unique visitors in Q4 2024
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Winning commercial real estate projects and transactions were selected by a panel of more than 630 esteemed industry professionals across 129 international markets

ARLINGTON, Va.--(BUSINESS WIRE)-- CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2025 CoStar Impact Awards.

Now in its fourth year, the CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada and the United Kingdom.

The awards honored nearly 350 winners across the following categories: Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year, and Sale/Acquisition 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 630 industry professionals drawn from each respective market.

“Each year, the CoStar Impact Awards celebrate commercial real estate professionals that are introducing innovative and transformative projects and transactions in the industry,” said Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group. “We received an incredible number of submissions this year and enlisted a diverse panel of judges across each market to identify the most impactful projects shaping the commercial real estate landscape. Congratulations to all the winners for their efforts to transform the industry and the communities they serve.”

Winning entries for this year included 333 West Wacker, which was named the winner of the Sale/Acquisition of the Year category in the Chicago market. At 36 stories, the Class A office building stands as a beacon of Chicago’s architectural and commercial vitality. Despite the challenges facing downtown office markets, 333 West Wacker has maintained its position as a premier property, with its anchor tenant Nuveen committing to a long-term lease renewal and a nearly $36 million renovation to the building’s lobby and amenity spaces wrapping this year. The recent sale to Beacon Capital Partners represents the largest downtown office transaction in nearly two years, signaling owner confidence in the market’s recovery and underscoring the building’s intrinsic value.

Another notable entry from this year was Three Sisters Mountain Village, a master-planned, 800-acre development in the Calgary market, recognized as a Commercial Development of the Year winner. Positioned as the gateway to Banff National Park, Three Sisters Mountain Village seamlessly blends residential, commercial and recreational uses to the natural environment. Despite complex environmental regulations, legislative requirements and stakeholder concerns, Three Sisters Mountain Village prioritizes environmental preservation, community wellness, and long-term economic stability, setting a benchmark for future developments.

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 global leader in commercial real estate information, analytics, and online marketplaces. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands include STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 134 million average monthly unique visitors in the fourth quarter of 2024, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

Media Contact

Matthew Blocher

CoStar Group

(202) 346-6775

mblocher@costargroup.com

Source: CoStar Group

FAQ

What categories were awarded in the 2025 CoStar Impact Awards?

The awards included five categories: Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year, and Sale/Acquisition of the Year.

How many winners were selected for the 2025 CoStar Impact Awards?

Nearly 350 winners were selected across 129 major international markets in the United States, Canada and the United Kingdom.

What was the value of the renovation project at 333 West Wacker, a CoStar Impact Award winner?

The building underwent a nearly $36 million renovation to its lobby and amenity spaces.

How many industry professionals were involved in selecting the CoStar Impact Awards winners?

More than 630 industry professionals across 129 international markets participated in the selection process.
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