CoStar Group CEO Says Richmond Has A Shot At Landing Amazon HQ2

10/13/17

By Paula C. Squires

VCU School of Business Dean Ed Grier (left forefront) and CoStar Group CEO Andrew C. Florance. Photo courtesy VCU .

If the Richmond region was looking for a cheerleader in its bid to land the massive Amazon second headquarters project, it couldn’t have found a more enthusiastic supporter than Andrew C. Florance, founder and CEO of Washington, D.C.-based CoStar Group Inc.

A year after he sat in the audience as a guest at VCU’s real estate conference in Richmond, Florance was on stage at the same conference Thursday as the keynote speaker. His company is an industry leader in commercial real estate data analytics.

After giving a mostly positive overview of the commercial real estate market, Florance said CoStar’s decision to move its global research operation to a second-tier city like Richmond could be informative for other technology companies looking to make a major move, such as Amazon.

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