Success Stories
Today, CoStar’s suite of Internet-based marketing and information services serves tens of thousands of commercial real estate professionals worldwide. Why do professonal players from so many local, regional, national and international organizations trust CoStar to find, market and analyze commercial properties? What sets CoStar apart? Read what these professionals say about CoStar …
CoStar Tenant helps me prospect for tenants by providing me with the names, the buildings they’re in, a contact person and in some cases the expiration dates of their leases.
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Chuck Langdon
McEnearney Commercial
I recently leased an office to a publicly-traded company from a SHOWCASE lead. We’re a small shop, so a deal like that not only builds our credibility, but may also mean quality referrals from the tenant I placed. In my experience other online marketing services, like LoopNet and Cityfeet, include a lot of expired or misrepresented listings. SHOWCASE verifies data. I would not have come in contact with a company like this without SHOWCASE.
I also use SHOWCASE to pitch landlords for exclusives. SHOWCASE is a broker-only tool, so I can offer landlords marketing exposure they can’t get on their own. The reports SHOWCASE provides about all the prospects that view my listings help in the presentation and require no work on my part. SHOWCASE pays for itself with just one deal a year. To me, a subscription to SHOWCASE is a no-brainer.
Eli Someck
Director Commercial Leasing & Sales
Living Real Estate Group
Subscribing to CoStar is critical in a fast-moving market. It allows the appraiser to get rapid and accurate sales and rental information, which is critical to getting those reports out.
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Bill Moroney, MAI
President
Moroney & Associates, Inc.
I believe we were one of the first in the Denver area to subscribe to SHOWCASE. I knew right away that SHOWCASE would be a quick way to differentiate ourselves in a crowded market. The fact SHOWCASE comes from CoStar plays very well with many of the owners I represent. They respect the CoStar name, so there’s a definite “wow factor” when I present SHOWCASE in pitches for exclusives.
In the last 30 days, I’ve received several quality leads and a deal is brewing from a SHOWCASE lead. Just as important, though, is the way SHOWCASE sets our brand apart from competitors. SHOWCASE is a powerful edge in winning new business and keeping the business I have. I routinely show SHOWCASE performance reports to clients. They like to see how many hits their property is generating.
We’ve been around the block with LoopNet® and other services. They’re not for us. We’ve decided to commit to one Internet marketing service … and SHOWCASE is it. It’s our goal to be the top retail property brokerage in Denver. SHOWCASE is helping make it happen.
William K. Jenkins, CPM
Principal
The Laramie Company
You have been a very big asset to our success in keeping our agents trained and "in the know". You have covered every area from retail, office and industrial in our webinar conferences and have personally given attention to those who I have let fall between the cracks.
Pete Glover is one of our best agents in land and investments. He had an opportunity to work on a deal in retail in which he did not have any prior education in that field. He told Charlie Louis, our senior vice president and me that you "came to his rescue" and he made the deal.
Dotene E. Stephens
Director, Commercial & Investments
Prudential Commercial-Corporate
SHOWCASE is such a logical, cost-effective concept. Take the performance reports. In this economy, it’s more important than ever for owners to know about the number of views their listing generates.
I especially like how listings on SHOWCASE are continuously updated by CoStar researchers. Not long ago, I got a call from a broker at a top national firm asking about a space listing in their database. 'I closed that deal years ago.' That won’t happen with SHOWCASE. I trust the information. That saves me time and trouble. SHOWCASE is phenomenal!
Steven Pressler
Senior Managing Director
Promenade Real Estate Corp.
I’m on my way now to give a tour of a space the tenant found through our SHOWCASE listings on Google. It’s a physician looking at 5,000 sq. ft. at $28 a sq. ft. NRA. It’s a great lead, typical of SHOWCASE. Our LoopNet subscription doesn’t compare. It’s safe to say 90% of our leads come from CoStar. We’ve seen our commissions triple since we signed on with CoStar four years ago. They’re a life saver.
SHOWCASE means a lot as we expand into new markets across the state. With SHOWCASE, we know investors nationwide see our for-sale listings. Owners like the idea their properties have high visibility on Google and Yahoo. SHOWCASE gives our shop the same marketing clout as the big boys.
Peggy Rougeou
Director of Commercial Leasing
Tarantino Properties
With CoStar, I save valuable time and produce better results for my clients. What took me days or even weeks to do, I can now do in minutes, giving me more time to do more deals.
Mark B. Warlick, SIOR
Senior Vice President
S.L. Nusbaum Realty Co.
Put simply, SHOWCASE works. We recently sold a high profile retail parcel in Southern California through a lead generated by CoStar. I'd strongly recommend this product to any broker or owner with commercial property to sell.
Jim Menton
RE/MAX Commercial Brokerage
Manhattan, Beach
CoStar COMPS allows us to pinpoint some markets and look very carefully at what the vacancies and trends are in those specific submarkets.
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Tom Shields, MAI
Vice President/Distric Manager
Joseph J. Blake & Associates, Inc.
With CoStar, we can identify comparables before we leave the office, which saves us a lot of time, aggravation and money. I would strongly recommend to any serious appraiser.
Richard Shorter, SRA, SCGREA
Chief Appraisal Officer
Columbia Bank
About two weeks before our SHOWCASE demo, a national financial institution called us about a 25,000 sq. ft. space listing we had on CoStar. That sold us right there. If this kind of quality prospect searches CoStar, why not cast an even bigger net with SHOWCASE?
David Kramer, CCIM, LEED AP
Vice President
Grady Pridgen, Inc.
We were an early SHOWCASE adopter. Within days of listing, we received a great lead from an office tenant. Within 30 days of that, we had a signed deal. We really like how SHOWCASE gives our listings priority placement on GoogleTM.
Yes, we tried LoopNet. Unlike CoStar, LoopNet makes you enter all the property information and we have lots of listings. Worse, the contact list LoopNet provided was a bust. I religiously emailed those folks each week. It didn’t yield a single sale, not even a single lead. The owners and retailers I represent want Google exposure. SHOWCASE delivers!
Tim McNutt
Commercial Leasing
Bright Realty, Ltd.
I know my local market, but it's impossible to know details of each and every property. With other services it’s hit or miss. CoStar gives me all of the details, and all of the details are verified.
Sharon Gage
Managing Broker
White Commercial
Our SHOWCASE subscription paid for itself in days with a lead that we turned into a deal on a seemingly unleasable basement suite. Plus, we're landing new assignments and retaining current ones by letting owners know of the huge Internet exposure their properties have on SHOWCASE.
William K. Montrose
Principal
AMR Commercial, LLC
CoStar gives you the competitive advantage with the huge amount of data...I consider them an extended staff member.
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George Livingston
President, Managing Principal
NAI Realvest
Having a tool like CoStar and the ability to tap into the current information quickly [is] the key to success.
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Pat Duffy
President
Colliers Arnold
I populate every one of my listings with all the floor plans, site plans and photographs, so that brokers see everything they need to know before they even call me.
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Dave Wills
Vice President
NAI Michaels Companies, Inc.
Every one of our brokers has CoStar up every minute that they're in the office.
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Mike Hetchkop
CFO
Ezra Company
CoStar services are a very good value and, quite frankly, an invaluable tool.
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Richard J. McBride, Jr.
President
McBride Real Estate Services, Inc.