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Realtor.com Parent Company Sues CoStar, Alleging Theft of Trade Secrets

Realtor.com Parent Company Sues CoStar, Alleging Theft of Trade Secrets

by Phil Hall | Jul 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate data provider CoStar Group (NASDAQ:CSGP) is being sued by Move Inc., the News Corp (NASDAQ:NWSA) subsidiary that operates Realtor.com, for hiring a Realtor.com employee who allegedly brought along his former employer’s trade secrets....
CoStar Group Relocates HQ from D.C. to Virginia

CoStar Group Relocates HQ from D.C. to Virginia

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP), a global provider of online real estate marketplaces, information, and analytics in the property markets, is moving its headquarters from Washington, D.C., to Arlington County, Virginia. The company is paying nearly $14 million to...
CoStar Group Relocates HQ from D.C. to Virginia

CoStar Group Completes Acquisition of UK Property Portal

by Phil Hall | Dec 12, 2023 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP), a provider of online real estate marketplaces, information and analytics, has completed its acquisition of OnTheMarket, a residential property portal in the U.K., for approximately $125 million. OnTheMarket was founded in 2013 and...
Demand for Retail Space Up by 21 Million SF in First Half of Year

Demand for Retail Space Up by 21 Million SF in First Half of Year

by Phil Hall | Aug 9, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The first six months of this year have been very good to the brick-and-mortar retail sector, according to new data from CoStar Group. Demand for retail space increased by 21 million square feet in the first half of 2023. Despite a lethargic economy, CoStar found...
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