CoStar Group

CoStar Group (NASDAQ: CSGP) is the provider of commercial real estate information, analytics and marketing services.CoStar Group (NASDAQ: CSGP) is the provider of commercial real estate information, analytics and marketing services. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information.

1989: RIG's competing print product was called Cornerstone, a quarterly leasing guide first published in 1989. 1989: The first printed directory is published.

1990: But sales began to accelerate in 1990, reaching well more than $500,000.

1993: It was also at this stage, in 1993, that Florance elected to cast his fate with the CoStar product and the electronic delivery of real estate information. 1993: The company sells its printed guide business.

1994: In 1994 RIG gained a toehold in the market by acquiring Space Data Graphics.

1997: A month later the company filed for an initial public offering, revealing that its revenues from 1997 totaled $7.9 million, an 82 percent jump over the previous year, and that its accumulated deficit stood at $11.4 million.

1999: Less than a year after going public, the company's stock grew nearly 400 percent, from its initial $9 price to $44.50 in mid-April 1999.

2000: Completely Web-Based in 2000 2000: The company becomes completely Internet-based.

2003: At the end of 2003 the company possessed no long-term debt and had in hand $97.4 million in cash, cash equivalents, and short-term investments.

2004: The year 2004 also marked CoStar's first foray overseas, when in January of that year it acquired London-based Property Intelligence PLC and its FOCUS brand. Also in 2004 it launched field research in the United Kingdom and began upgrading the FOCUS service in London and Manchester.

We've been on a mission to create efficiency and transparency in commercial real estate.

we’ve been committed to excellence and creating the most inventive and insightful company in our industry.