Richmond, VA – State officials have announced that the company purchased 1201 Wilson Boulevard, a 560,000-square-foot office building in Rosslyn known as Central Place Tower, and will occupy 150,000 square feet of commercial office space in late 2024.
The move to the new headquarters will include 500 relocated jobs and 150 new jobs to the Commonwealth.
Per reports, CoStar Group is a leading global provider of online real estate marketplaces, information, and analytics in the property markets.
The company is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
CoStar Group has grown to over 6,200 employees in 14 countries and is included in the S&P 500 Index, one of the premier benchmarks of the U.S. equities market, and in the NASDAQ 100, one of the world’s largest preeminent large-cap indexes.
Governor Glenn Youngkin released the following statement:
“Virginia’s a great choice for a new corporate headquarters location, and we are excited that CoStar Group, a leading provider of online real estate marketplaces, information, and analytics in the property markets, sees the economic advantage in moving to the Commonwealth.
As states compete for business and jobs, the Commonwealth’s diverse, world-class talent, exceptional quality of life and stable business climate continues to stand out. We are proud that CoStar has chosen Virginia as its home.”
