Sep 03, 2008
CoStar Showcase Receives Tremendous Market Reception at ICSC Event, Total Subscriptions Surpass $2 Million
2008-06-04 2008 CoStar Showcase Receives Tremendous Market Reception at ICSC Event, Total Subscriptions Surpass $2 Million More Than 300 Firms Find that New Online Mar...
2008-06-04 2008 CoStar Showcase Receives Tremendous Market Reception at ICSC Event, Total Subscriptions Surpass $2 Million More Than 300 Firms Find that New Online Marketing Service Delivers on Promise to Provide Enhanced Property Exposure and More Qualified Lead-Generation
BETHESDA, Md., June 4 /PRNewswire-FirstCall/ -- CoStar Group, Inc. (Nasdaq: CSGP ), the number one provider of commercial real estate information/marketing solutions, today announced that CoStar Showcase(R) (http://www.CoStar.com), its new online property marketing service, has surpassed $2 million in initial subscription orders. More than 300 firms have signed up to market their listings through the innovative new service, which officially debuted at the International Council of Shopping Centers (ICSC) RECon event held last month in Las Vegas.
"Based on the enthusiastic response CoStar Showcase received at ICSC, and continued strong interest from our clients, it's clear there is substantial demand among commercial property professionals for a more effective way to market their property listings online," said CoStar Group Founder and CEO Andrew C. Florance. "We believe CoStar Showcase offers a better solution, and we couldn't be more pleased with the market response for our new online marketing service. While some of these contracts include a trial period and an option to cancel, the response to date clearly indicates these clients find CoStar Showcase to be a very compelling and effective solution for marketing their listings online."
The thousands of up-to-date, research-verified property listings available free and without registration at http://www.costar.com offer an enormously valuable resource for those searching for available office, retail, warehouse/industrial, multifamily, land and other commercial properties. By going to http://www.costar.com, visitors can use the free property search tool to access thousands of available for sale and for lease listings, which are updated and maintained by CoStar's own research service, the industry's largest.
About CoStar Group, Inc.
CoStar Group, Inc. (Nasdaq: CSGP ) is the number one provider of information/marketing services to commercial real estate professionals in the United States as well as the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of commercial real estate information throughout the U.S. as well as in the United Kingdom and France. Headquartered in Bethesda, MD, the company has approximately 1,300 employees, including the largest professional research organization in the industry. For more information, visit http://www.costar.com.