What Does Ten-X Do?

Total employees250
HeadquartersIrvine
Founded2007

Ten-X is a leading end-to-end online transaction platform for commercial real estate (CRE), enabling brokers, sellers, and buyers to efficiently transact properties. It offers various solutions, including live-bid auctions (Live Bid), managed-bid auctions (Managed Bid), and negotiated sales (Offer Select). Acquired by CoStar Group in 2020, Ten-X leverages CoStar's extensive market data, research, and broad market reach to enhance the transaction process. The platform is designed to provide greater transparency, broader reach for sellers, and a wider selection of properties for buyers, aiming to streamline CRE transactions.

Where Is Ten-X's Headquarters?

Ten-X officeTen-X officeTen-X officeTen-X office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as a key operational center for the Ten-X platform, focusing on technology development, platform management, sales, marketing, and customer support, fully integrated within CoStar Group's West Coast operations.

Notable Features:

Located within a modern CoStar Group office park, the facilities are designed to foster collaboration and innovation in real estate technology. Employees have access to state-of-the-art technology infrastructure and amenities typical of a leading tech company.

Work Culture:

The work culture combines Ten-X's legacy of innovation in online auctions with CoStar Group's data-driven, market-leading ethos. There's a strong emphasis on technological excellence, customer-focused solutions, and a fast-paced environment driven by the dynamic CRE market.

HQ Significance:

Irvine's strategic location in Southern California provides access to a rich talent pool in both technology and real estate. It serves as a vital hub for Ten-X's operations, supporting its nationwide platform and client base, particularly on the West Coast.

Values Reflected in HQ: The Irvine operations reflect values of innovation, market leadership, technological advancement, data integrity, and customer-centricity, aligning with CoStar Group's overall mission to digitize and transform the commercial real estate industry.

Location:

While Ten-X's primary operational focus is on the United States commercial real estate market, its online platform is accessible to qualified investors and brokers globally. As part of CoStar Group, which has an expanding international footprint, Ten-X benefits from increased global visibility and access to international capital looking to invest in U.S. CRE assets. CoStar Group's international offices and data capabilities support the global reach of its platforms, including Ten-X.

Street Address:

500 Technology Dr

City:

Irvine

State/Province:

CA

Country:

USA

Where Else Does Ten-X Operate Around the World?

New York, NY, USA

Address: 575 Fifth Avenue, New York, NY 10017 (CoStar Group Office)

Serves as a strategic hub for one of the world's largest CRE markets and financial centers, crucial for Ten-X's national reach and high-value property transactions.

Dallas, TX, USA

Address: The Quad, 2699 Howell St, Suite 500, Dallas, TX 75204 (CoStar Group Office)

Addresses the rapidly expanding commercial real estate market in Texas and surrounding states, offering localized support for Ten-X's online transaction services.

Buying Intent Signals for Ten-X

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Ten-X? Meet the Executive Team

As of April 2025, Ten-X' leadership includes:

Andy Florance - Founder and CEO, CoStar Group
Steven Jacobs - Head of Ten-X and LoopNet, CoStar Group
Scott T. Wheeler - Chief Financial Officer, CoStar Group
Lisa Ruggles - Senior Vice President, Global Operations, Research & Data, CoStar Group

Who's Investing in Ten-X?

Ten-X has been backed by several prominent investors over the years, including:

CoStar Group (Current Parent Company, Acquired 2020)
Thomas H. Lee Partners (Former Investor)
CapitalG (Google Capital) (Former Investor)
Stone Point Capital (Former Investor)

What Leadership Changes Has Ten-X Seen Recently?

Hire0
Exits0

No major executive hires or exits specifically branded under Ten-X have been publicly announced in the last 12 months. Leadership for the Ten-X platform is stable and integrated within the CoStar Group executive structure. Key figures like Steven Jacobs continue to lead the Ten-X business unit.

What Technology (Tech Stack) Is Used byTen-X?

Discover the tools Ten-X uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Ten-X Email Formats and Examples

As part of CoStar Group, Ten-X employees primarily use CoStar Group email addresses. Common formats include [first_initial][last]@costar.com or [first].[last]@costar.com. While some legacy @ten-x.com addresses might exist for specific functions or roles, communication typically flows through CoStar Group channels.

[first_initial][last]@costar.com (e.g., jdoe@costar.com) or [first].[last]@costar.com (e.g. jane.doe@costar.com)

Format

jdoe@costar.com

Example

80%

Success rate

What's the Latest News About Ten-X?

CoStar Group Investor RelationsApril 30, 2024

Ten-X Performance Highlighted in CoStar Group's Q1 2024 Financials

CoStar Group's Q1 2024 earnings report detailed Ten-X platform performance, with revenues of $13 million. Despite a challenging CRE market, Ten-X remains a significant contributor to CoStar's online transaction services and digital marketplace offerings....more

CoStar Group NewsJanuary 24, 2024

Ten-X Contributes to CoStar Group's Record $74 Billion in 2023 CRE Sales Transactions

CoStar Group announced its platforms, including Ten-X, powered a record $74 billion in commercial property sales transactions in 2023. Ten-X's online transaction capabilities played an important role in achieving this milestone, underscoring its significance in the digital CRE marketplace....more

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