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oStar Group (NASDAQ: CSGP) has announced the winners of its fourth annual CoStar Impact Awards, recognizing outstanding commercial real estate projects completed in 2024 across 129 international markets. The selection process involved over 630 industry professionals who evaluated nearly 350 winners in categories including Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year, and Sale/Acquisition of the Year.
Notable winners include Chicago's 333 West Wacker, which won Sale/Acquisition of the Year. The 36-story Class A office building, recently sold to Beacon Capital Partners, underwent a $36 million renovation and secured a long-term lease renewal with anchor tenant Nuveen. In Calgary, the Three Sisters Mountain Village, an 800-acre master-planned development, won Commercial Development of the Year for its innovative blend of residential, commercial, and recreational uses.
The CoStar Impact Awards celebrate commercial real estate professionals who introduce innovative and transformative projects and transactions in the industry. The awards honored nearly 350 winners across five categories, with over 630 industry professionals participating in the selection process. Winning entries included Chicago's 333 West Wacker, which was named the winner of the Sale/Acquisition of the Year category, and Calgary's Three Sisters Mountain Village, recognized as a Commercial Development of the Year winner.
CoStar Group is a global leader in commercial real estate information, analytics, and online marketplaces. The company's major brands include CoStar, LoopNet, Apartments.com, and Homes.com. CoStar Group's websites attracted over 134 million average monthly unique visitors in the fourth quarter of 2024, serving clients around the world.
The winners of the CoStar Impact Awards will be recognized for their efforts to transform the industry and the communities they serve. The awards are a testament to the company's commitment to transforming the real estate industry through innovative technology and comprehensive market intelligence.
