A panel of 570 distinguished industry experts across 129 global markets selected this year's winning commercial real estate projects and transactions
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, today announced the winners of the 2026 CoStar Impact Awards.
Now in its fifth year, the CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2025 that significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada and the United Kingdom.
The awards honored 353 winners across the following categories in the United States and Canada: Lease of the Year, Commercial Development of the Year, Multifamily Development of the Year, Redevelopment of the Year, and Sale/Acquisition of the Year. Winning transactions and projects—chosen for their impact on the vibrancy, economic activity, growth, diversification, and innovation of their markets—were selected by local panels of industry professionals in each market, representing a total of 570 judges across 129 global markets.
"The CoStar Impact Awards honor the commercial real estate professionals driving meaningful change through innovative projects and transformative transactions," said Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group. "This year's submissions were exceptionally strong, and the distinguished panels of local market judges carefully selected the projects making the most significant impact on our industry. We commend this year's winners for their leadership and the lasting value they bring to their communities."
Among this year's award recipients was JPMorgan Chase's new global headquarters at 270 Park Ave., recognized as the Commercial Development of the Year winner in the New York City market. The 60-story, 2.5 million-square-foot skyscraper represents a $3 billion investment in the future of in-person work and sets a new benchmark for premium office space in Manhattan. Designed by Foster + Partners and expected to accommodate more than 14,000 employees, the skyscraper features a hospitality-driven amenity package that includes wellness coaches, a food hall featuring Michelin-starred restaurant concepts, and interior lighting designed to replicate workers' circadian rhythms.
Another notable entry was Champlain condo rentals in Montreal's Ville-Marie district, honored as the Commercial Development of the Year in the Montreal market. The 226-unit rental project transforms the former Odeon Champlain cinema site into a transit-oriented, mixed-use development, blending residential density with neighborhood-serving retail and cultural continuity. Located across from Papineau Metro station, the building incorporates cinema-inspired architectural elements that pay homage to the site's history while introducing modern residences. The development reached roughly 65% occupancy shortly after its June 2025 launch, underscoring strong market demand while advancing Montreal's transit-oriented density goals.
Finally, Anduril Industries' lease at 4611 Airbase Road (Building 4) in Columbus, Ohio was awarded the Lease of the Year for Columbus, Ohio. The commitment marks a transformative investment for the region as the defense technology company establishes "Arsenal-1," its first hyperscale manufacturing campus and the largest job-creation project in Ohio's history. The new campus is expected to generate more than 4,000 direct jobs, such as engineers and skilled technicians, as well as thousands of additional indirect roles. Job creation from the project would significantly boost local incomes and tax revenues. Through its scale, strategic infrastructure and extensive public-private collaboration, Arsenal-1 represents a groundbreaking advancement in defense manufacturing while delivering long-term economic growth and community impact for the Columbus region.
To learn more about the CoStar Impact Awards and review the winners, visit CoStarImpactAwards.com.
About CoStar Group, Inc.
CoStar Group (NASDAQ:CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia's leading property marketplaces. CoStar Group's industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group's websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
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Media Contact
Matthew Blocher
CoStar Group
(202) 346-6775
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