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CoStar Group Named Among the Top Places to Work by The Washington Post

WASHINGTON, June 22, 2015 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has been named by The Washington Post as one of the best places to work in the greater Washington area. CoStar Group was recognized in the Large Company category of the Post's prestigious Top Workplaces 2015 list.

"Our people are the foundation of the growth and success of CoStar Group," said Andrew C. Florance of CoStar Group. "I am pleased that our employees positively view their work experience at CoStar Group and it is an honor to be recognized among the best places to work in the region. We are committed to creating an environment where personal and professional growth is encouraged and opportunities for advancement are clear and abundant. Our employees have the opportunity to build great careers at CoStar Group as the Company continues to expand and adds new growth opportunities."

The Top Workplaces are based solely on employee feedback from a survey conducted by Work Place Dynamics, LLC, an independent research company. Factors considered include employee satisfaction with benefits, their job and corporate leadership. The list ranks those that received the highest marks from their employees.

The ranking comes on the heels of an unprecedented period of growth for CoStar Group. In the past three years, the Company has expanded its information and analytic service offering and has made strategic acquisitions of leading marketplaces, including LoopNet in 2012, Apartments.com in 2014, and Apartment Finder earlier this month. This continued expansion has further cemented CoStar Group as a leader in the commercial real estate and apartment rental listing industry.

About CoStar Group

CoStar Group, Inc. (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. LoopNet is the most heavily trafficked commercial real estate marketplace online with more than 9 million registered members. Apartments.com, ApartmentFinder.com and ApartmentHomeLiving.com form the premier online apartment resource for renters seeking great apartment homes and provides property managers and owners with a proven platform for marketing their properties. CoStar operates websites with over 22.4 million unique monthly visitors in aggregate as of March 2015. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Toronto, Canada with a staff of approximately 3,000 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com.

CONTACT: All Contacts Richard Simonelli Vice President CoStar Group (202) 346 6394 rsimonelli@costargroup.com

Source:CoStar Group, Inc.