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CoStar Group Calls for Submissions Ahead of Second Annual CoStar Impact Awards
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CoStar Group announces the second annual CoStar Impact Awards, recognizing outstanding commercial real estate projects in the US, Canada, and the UK. Submissions for projects completed in 2022 are now open, with categories such as Lease of the Year and Commercial Development of the Year. A panel of industry professionals will select winners from 128 major markets. Winning projects from 2021 included high-value developments in Chicago and Miami. The awards promote innovation and growth in commercial real estate.
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Recognition of exemplary commercial real estate projects can enhance CoStar's brand reputation.
The awards may lead to increased participation and visibility in commercial real estate markets.
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The Impact Awards Seek to Recognize Exemplary Commercial Real Estate Projects and Transactions in the United States, Canada and the United Kingdom
RICHMOND, Va.--(BUSINESS WIRE)--
CoStar Group (NASDAQ: CSGP) is excited to formally announce that submissions have opened for the second annual CoStar Impact Awards. The CoStar Impact Awards seek to identify and highlight commercial real estate projects and transactions that have had a signifcant influence in neighborhoods or submarkets accross 128 major international markets in the United States, Canada and the United Kingdom. The awards will recognise exemplary projects and transactions completed in 2022, as selected by a panel of industry professionals drawn from each respective market.
Judges panels comprised of commercial real estate industry professionals will select winners from each market based on the following categories in the United States and Canada: Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year and Sale/Acquisition of the Year; and the following categories in the United Kingdom: Lease of the Year, Commercial Development of the Year and Sale/Acquisition of the Year. Judges will choose impactful and innovative projects that represent growth and diversification and overcame unique challenges in each market or submarket as winners. Award winners will receive a customized trophy, as well as promotion on the CoStar platform and marketing channels.
“We are thrilled to announce this year’s CoStar Impact Awards, which will recognize and amplify the incredible accomplishments made in 2022 by real estate professionals across the US, Canada, and the UK,” said Lisa Ruggles, CoStar Group’s Senior Vice President of Global Operations.
Examples of winning submissions from 2021 include a $39 million sale and acquisition of two acres in Chicago’s booming Fulton Market area, a mixed-use apartment building featuring 1,600 apartment units, 70,000 square feet of office space and 30,000 square feet of retail in one of the biggest transit-oriented developments in Miami, and a $1.6 billion mega mixed-use project composed of nine sites totaling nearly 2 million square feet on Manhattan’s Lower East Side.
In addition to a call for entries, CoStar Group is also searching for judges. To be considered for these roles, applicants must be a commercial real estate industry professional with deep knowledge of their respective market. If you fit these criteria and are interested in evaluating nominations, please email impactawards@costar.com.
For those looking to submit their work for awards consideration, CoStar Group is now accepting submissions through their US/Canada website and UK website. Nominations will be accepted through January 31, 2023.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of 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.
