CoStar Signs Agreement with The Behar Group Realty, Inc.
TORONTO, JULY 15, 2019 – CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is pleased to announce a new agreement with The Behar Group Realty, Inc., a Toronto-based boutique brokerage and commercial real estate services company, for CoStar’s commercial real estate data services. Through this agreement, The Behar Group is able to leverage CoStar’s extensive market knowledge, research and global reach to enhance their services and growing industry footprint.
“We are committed to helping commercial real estate professionals better serve their clients in this rapidly growing industry. CoStar is excited to sign The Behar Group, a leading Toronto-based boutique brokerage, as they take their business to the next level,” said Mark Ibbotson, CoStar Canada Managing Director. “With access to our innovative services, we believe The Behar Group will be able to increase its quality service experience with a larger scale discipline.”
For over 25 years, The Behar Group has been actively involved in retail, office, commercial, industrial and investment real estate, consistently working within the Greater Toronto Area and recently expanding across the entire GTA as a tech adapter and leader in the field. With a view toward continued expansion in all asset classes, The Behar Group prides itself on its unique corporate culture, with a team of hands-on, focused and dedicated professionals.
“CoStar levels the playing field in regards to research quality and reporting,” said Greg Evans, President, Broker of Record for The Behar Group. “Through our use of CoStar, we are continuing to invest in our business and our broker team while expanding our knowledge, experience and client base.”
To learn more about CoStar, visit www.costar.com.
Media Contact:
Matthew Blocher, CoStar Group
(202) 346-6775, mblocher@costar.com
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About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. 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. LoopNet is the most heavily trafficked commercial real estate marketplace online with nearly 6 million monthly unique visitors. Realla is the UK’s most comprehensive commercial property digital marketplace. 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. CoStar Group’s websites attracted an average of over 49 million unique monthly visitors in aggregate in the first quarter of 2019. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Canada with a staff of over 3,700 worldwide, including the industry’s largest professional research organization.
For more information, visit www.costargroup.com.
About The Behar Group Realty, Inc.
Established in 1992, TBG is a leading real estate brokerage located in Toronto, Canada. They are actively involved in commercial, industrial, office and investment real estate on all levels. TBG has a team of over 30 Sales Representatives and Brokers who offer a broad range of services and expertise.
Please visit www.thebehargroup.com for more information or check out their blog covering everything related to commercial real estate in Canada at www.behargroupbuzz.com.
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This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations, beliefs, intentions or strategies regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements, including the risk that the agreement between the parties does not produce the expected results as discussed in this release. More information about potential factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those stated in CoStar's filings from time to time with the Securities and Exchange Commission, including in CoStar's Annual Report on Form 10-K for the year ended December 31, 2018, and CoStar’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2019, each of which is filed with the SEC, including in the "Risk Factors" section of those filings, as well as the CoStar's other filings with the SEC available at the SEC's website (www.sec.gov). All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update such statements, whether as a result of new information, future events or otherwise.
