LEADERSHIP

Jay Spivey, CoStar Senior Vice President, CoStar Products, leads more than 120 economists, quantitative analysts, consultants, and software engineers dedicated to delivering CoStar’s unmatched data to clients using innovative tools that examine commercial real estate activity and provide transparency to the industry.

CoStar’s analytic offering includes thousands of market and submarket reports, property-level forecasts, same-store rent and price series, and intuitive research tools that allow users to compare and filter markets and submarkets in order to make informed decisions.

Upon joining CoStar in 1999, Mr. Spivey developed the standardized analytic definitions and methodologies still used by CoStar’s research team, many of which have become industry-wide standards. He is responsible for the launch of CoStar’s first-ever analytic product offering, and has been the chief architect of the product since then. He has also presented on hundreds of occasions to CoStar clients and at industry events and was the creator of CoStar’s popular State of the Market webinar series.

In his 25 years in the industry, Mr. Spivey has written extensively about commercial real estate, earning the ARES Best Paper award for his 2008 study of leasing and sales activity in energy-efficient properties (penned with CoStar Chief Executive Officer Andrew Florance and Dr. Norm Miller). Spivey, along with Florance and Miller, also co-authored the first study to use direct measurement of commercial real estate to document the full size and scope of the U.S. CRE market, as well as an award-winning paper introducing CoStar’s methodology for creating same-store apartment rents using Apartments.com data.

Mr. Spivey attended Georgia Tech and earned a degree in Management Science. He lives in Atlanta with his wife and son.