Zonda - Institutional Real Estate Acquired by CoStar Group | Real Estate Services M&A Deal

CoStar Group has acquired Zonda - Institutional Real Estate, a commercial brokerage business in the United States. Zonda - Institutional Real Estate provides institutional real estate data, market intelligence, and brokerage support for commercial property participants, strengthening CoStar Group’s real estate services platform. The Zonda - Institutional Real Estate acquisition supports CoStar Group acquisitions by expanding coverage for commercial brokerage and related workflow tools used by brokers and investors. This other acquisition is a strategic acquisition by a strategic buyer, with deal size undisclosed and an announced status; no financial terms or expected close date were provided.