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Photo Release -- Lands of America Announces Winners of Inaugural Land Star Awards

AUSTIN, Texas, June 02, 2015 (GLOBE NEWSWIRE) -- Lands of America, a division of CoStar Group, Inc. (Nasdaq:CSGP) and the largest rural listing service in the U.S., is pleased to announce this year’s recipients of the Land Star Awards, recognizing top professional brokers in the land real estate market. This inaugural year for the Land Star awards focused on the state of Texas.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8fb3d1d8-bd09-41b4-ac37-64c223ee8119

Tom Alexander, Publisher of Lands of Texas magazine, and Lauret Jarvis, Editor-In-Chief of LAND Magazine, presented the 2014 Land Star awards to the top selling land brokers utilizing the Lands of America Comparable Sales Program at the recent Texas Outlook Conference in San Antonio. Awards were presented by region for the first and second top combined sales totals. The winners are as follows:

The Panhandle and South Plains / Region 1:
Schrader Real Estate & Auction Co. as land broker for the sale of 4,158 acres at $15,045,000 sold at auction. The award was accepted by Brent Wellings.

South Texas / Region 2:
Kuper Ranch Sales, Robert Dullnig as land broker for the sale of 4,543 acres at $29,000,000.

West Texas / Region 3:
Lockhart Real Estate as land broker for the sale of 4,661 acres at $9,322,520. The award was accepted by Jesse Lockhart.

Northeast Texas / Region 4:
Republic Ranches as land broker for the sale of 3,248 acres at $7,500,000. The award was accepted by Charles Davidson.

The Gulf Coast-Brazos Bottom / Region 5:
United Country Land & Timber as land broker for the sale of 10,879 acres at $17,125,000. The award was accepted by Eric Gage.

The Austin-Waco-Hill Country / Region 6:
Lee, Lee & Puckitt Associates as land broker for the sale of 8,062 acres at $27,500,000. The award was accepted by Lane Puckitt.

Overall State Winner and Far West Texas / Region 7:
King Land & Water, Tammy and James King as land broker for the sale of 55,704 acres at $54,868,922.

First Place Combined Sales:
King Land & Water, Tammy and James King for combined sales of more than $76,000,000.

Second Place Combined Sales:
LANDTX, David C. Culver Fur for combined sales of more than $65,000,000.

The Land Star award is presented each year to the broker with the highest sales, and most submitted sales comparisons, through the Lands of America Sales Comparable Program. For more information on the Land Star Awards, contact Tom Alexander at: tom@landsofamerica.com.

Lands of America is the largest rural listing service in the U.S. with a network of hundreds of websites promoting the buying and selling of rural land. More than 1.9 million visitors search properties for sale on LandsofAmerica.com, with over 3.6 million visiting the Lands of America partner network of websites each month. Committed to fulfilling the spectrum of land enthusiasts, Lands of America produces LAND magazine and Lands of Texas magazine, two premium print publications that have revolutionized the rural property publishing world with a nationwide combined circulation of 300,000. Learn more at www.landsofamerica.com. Lands of America is a division of CoStar Group, Inc. and is based in Austin, Texas.

About CoStar Group

CoStar Group (Nasdaq:CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 9.6 million registered members. Apartments.com is a premier online apartment resource for renters that matches apartment seekers with great apartment homes and provides property managers and owners a proven platform for marketing their properties. CoStar operates websites with over 22 million unique monthly visitors in aggregate during March 2015. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S., Canada and Europe with a staff of approximately 3,000 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com.

MEDIA INQUIRIES Jean-Paul LaCount Marketing (415) 266-1448 jlacount@landsofamerica.com

Source:CoStar Group, Inc.