CoStar Group has announced that it will be relocating its headquarters to its Arlington, Virginia property after making arrangements with consulting firm Gartner.
Earlier this year, CoStar purchased a 552,000-square foot trophy office tower at 1201 Wilson Boulevard, located above the Rosslyn metro area, where Gartner operated back-office space. The company has struck a deal that would terminate the lease and allow CoStar to relocate its headquarters from Washington D.C. to the space in early 2025.
Gartner will be staying in the building but will be taking floors 11 and 12, amounting to 49,000 square feet total, as a part of the arrangements. The new lease will allow it to occupy the space until December 2032.
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