Tuesday, April 1, 2008

CoStar to buy Dorey Companies

From: Maxsell Real Estate - the Future of Real Estate

CoStar Group is one of the nation’s leading providers for commercial property data, listings and comps. Today they are moving to acquire Atlanta’s oldest commercial property resources: Dorey Companies.

This certainly narrows the competition for market dominance in Metro Atlanta down to LoopNet and CoStar. As a commercial broker, I welcome the consolidation. It is very hard to get accurate property data when having to research 3 sources. Having only two commercial listing resources should help brokers and consumers alike when searching for the right commercial investment.

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