CoStar Group Inc.

Bethesda, Maryland


ENERGY STAR Excellence Awards - ENERGY STAR Promotion

CoStar Group Inc.

CoStar Group, Inc. is the largest provider of information services to commercial real estate professionals in the U.S. and the United Kingdom. The company employs approximately 1,300 people worldwide, including the largest professional research organization in the industry. CoStar is receiving ENERGY STAR recognition for studying and promoting environmentally responsible real estate practices. This is the first time CoStar has received ENERGY STAR recognition. Key accomplishments include:

         Increasing the visibility of buildings that have earned the ENERGY STAR in the CoStar database of more than 64 billion square feet by highlighting the ENERGY STAR mark prominently for those listings.

         Training CoStar employees to understand the value of energy efficiency, green building attributes, and the value of ENERGY STAR qualified buildings.

         Heightening awareness about the connection between commercial building asset values and energy efficiency within the commercial real estate industry by sponsoring a study on how ENERGY STAR and the U.S. Green Building Councils Leadership in Energy and Environmental Design (LEED) Green Building Rating System affect key property metrics such as occupancy, rental rates, and sale prices.

         Educating more than 75,000 brokers, owners, builders, architects, lenders, manufacturers, and developers - and by extension their corporate clients - about ENERGY STAR through CoStar information services, articles, and numerous presentations at industry conferences.

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