Costar Blog

For the second year in a row, CoStar Group was the presenting sponsor for the annual Ultimate Backpack Supply Drive in Richmond, VA. Partnering with Virginia Commonwealth University and Communities in Schools, CoStar Group donated a total of 180,000 masks which were included in personal protective equipment (PPE) kits for Richmond Public School students this year.    The Ultimate Backpack Supply Drive program provides students with school supplies free of charge to support local schools, neighborhood resource centers and non-profit organizations. In 2019, CoStar Group donated 6,000 backpacks - packed by CoStar Group Richmond employees – for Richmond Public Schools middle schoolers. This year, due to COVID-19, the event looked a bit different, with volunteers packing PPE kits featuring CoStar Group masks and school supplies for virtual learning. The first 90,000 masks – designed by CoStar Group’s Marketing Design team – were donated at the drive to be included in the PPE k...

    The edition also includes a story on the continued investment stability associated with property ownership, as well as a profile of Western Heritage Consulting and Engineering, which helps clients across the American West conceptualize, design and execute exceptional property transformations. Other features include a profile of Breckenridge cellist Russick Smith, who uses the Colorado wilderness as a setting for experiential outdoor concerts, and a trends section featuring unique items curated specifically for land afficionados. The magazine also showcases available land across the country, specifically five stand-out properties currently listed on Land.com. Click  HERE  to view the entire Fall 2020 edition.

In case you missed the headlines, here’s a roundup of top national commercial real estate stories reported by the CoStar News team over the past week.  On Second Thought: Renters Make Sharp Reversal on Apartment Preferences : In order to better understand how apartment tenant preferences are changing, CoStar analyzed the impact of unit sizes, apartment type and amenities on rent levels.  WeWork CEO Says Businesses Need Hub-and-Spoke Offices for Now :  The chief executive of WeWork, the flexible office space provider, said workers are suffering from what’s been called “Zoom fatigue” after nearly seven months of the working-from-anywhere phenomenon and are ready to go back to the office. But he said flexibility and safety still loom large as barriers to the pre-pandemic definition of the office. A Costco Made Into an Amazon Hub Sells in One of LA's Priciest Industrial Deals of Decade:  A former big box store that is being renovated into a warehouse hub f...