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CoStar and Julien J. Studley Sign Long-Term Agreement

BETHESDA, MD-Taking their relationship further into the future, CoStar Group Inc. and Julien J. Studley sign a long-term agreement allowing JJS to benefit from CoStar's database of extensive commercial real estate property and tenant information. Neither party is disclosing the financial terms of the deal.

By Barbra Murray | Updated on December 20, 2001

BETHESDA, MD-Commercial real estate information services provider CoStar Group Inc. reaffirms its relationship with commercial tenant representation specialist Julien J. Studley, Inc. in a multi-market, long-term deal. The arrangement allows JJS to benefit from CoStar’s comprehensive database covering 25 major US markets. The parties are not disclosing the specific terms of the deal.

“Leading real estate services firms like Julien J. Studley are realizing that CoStar not only provides brokers with the fundamental supply and demand data for every major market,” CoStar President and CEO Andrew C. Florance says in a press release, “but also offers software and technology that allows brokers to more efficiently complete transactions.” JJS explains that the technology gives its brokers an edge in market research and analysis.

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