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CoStar Drills for Data, Uncovers Gold Mine

Published Monday, November 16, 2009

If there’s one lesson that the long, harrowing months of recession and financial crisis have taught, it’s that in a global downturn there are few safe harbors. Stocks, bonds, and commercial real estate can all suffer brutal declines in value. But there is a commodity that throughout the downturn has demonstrated powerful economic value — information. And one company that has harnessed commercial real estate data to great advantage is Bethesda, Md.-based CoStar Group. CoStar has developed an exhaustive database of commercial real estate listings across the United States and United Kingdom, reporting ...

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