CoStar renews with Grubb & Ellis.CoStar Group CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of , Inc., the leading provider of information services See Information Systems. to the U.S. commercial real estate industry, announced it has signed a multi-market, multi-year renewal agreement with Grubb & Ellis.
Under terms of the agreement, CoStar will provide Grubb & Ellis personnel in the real estate service firm's 42 U.S. offices with access to CoStar information products and services which include CoStar Property, CoStar Tenant and CoStar COMPS.
Grubb & Ellis employees currently using CoStar COMPS will be upgraded to a new Web based Coming from a Web server. See Web application. version, part of CoStar's platform of uniform browser based applications.
"We're honored Grubb & Ellis has selected Co Star to provide their professionals with the industry's most comprehensive data. We're excited to continue to build upon the mutually beneficial relationship we've enjoyed through the years with Grubb & Ellis," said Andrew C. Florance, CoStar president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This agreement is indicative of the type of contracts we are currently signing with many of our customers - longer term contracts and volume buying plans."
"Our goal is to help our clients manage their information costs Information costs
Transactions costs that include the assessment of the investment merits of a financial asset. Related: Search costs. , while finding more and more value in CoStar's products and services."