Principal Product Manager, Visual Lease & CoStar Real Estate Manager

CoStar•Woodbridge Township, NJ

37d•$145,000 - $195,000•Onsite

About The Position

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering people to discover properties, insights, and connections that improve their businesses and lives. CoStar Real Estate Manager is the leading platform for lease accounting, lease administration and the management of portfolios, transactions, projects and construction. Clients use CoStar Real Estate Manager to make smarter decisions and to enable their team to work together more effectively. Visual Lease, a CoStar Group company, is purpose-built to support every team involved in managing a company’s leased and owned assets. Informed by nearly three decades of experience, our platform integrates lease management, lease accounting, and sustainability reporting, enabling organizations to save time, mitigate risks, reduce costs, and support sustainability initiatives. Our award-winning software is used by 1,500+ organizations to manage more than 1 million real estate, equipment, and other leased asset records globally. We are seeking a seasoned and visionary Principal Product Manager to lead the strategy and execution across multiple corporate occupier product lines—including Visual Lease, CoStar Real Estate Manager, and new initiatives. This role requires a strategic thinker who can operate independently, mentor other Product Managers, and drive innovation across a portfolio of solutions that support lease portfolio strategy, transaction management, lease administration, and accounting compliance. You will be responsible for shaping long-term product vision, aligning cross-functional teams, and delivering high-impact solutions that serve thousands of companies globally. This is a high-visibility role with significant influence across product, engineering, design, marketing, and executive leadership.

Requirements

Bachelor's degree required from an accredited, not-for-profit, in-person college/university.
8+ years of experience in digital Product Management, with a proven track record of leading complex, high-impact initiatives.
Experience owning multiple product lines or modules within a B2B SaaS environment.
Demonstrated ability to mentor and lead other Product Managers.
Strong strategic thinking and business acumen.
Proficiency in tools such as SQL, Google Analytics, PowerBI, Pendo, and other analytics platforms.
A track record of commitment to prior employers.
Excellent communication, collaboration, and presentation skills.

Nice To Haves

5+ years of experience in B2B SaaS Product Management, ideally in commercial real estate or lease administration.
Experience integrating enterprise-level applications and managing interoperability across systems.
Familiarity with AI-powered product development and data-driven consumer experiences.
Experience with user research tools such as LogRocket, Maze, UserTesting, UserZoom, Dovetail.
Passion for innovation and a bias toward action.

Responsibilities

Own and evolve the vision for multiple product lines, ensuring alignment with company goals and customer needs.
Define and communicate compelling value propositions and product differentiation strategies.
Anticipate market shifts, emerging technologies, and customer trends to inform long-term product direction.
Set measurable objectives tied to revenue, adoption, retention, and market share.
Advocate for product strategy across internal teams, senior leadership, executives, and external stakeholders through presentations, prototypes, and written proposals.
Lead prioritization across product lines, balancing short-term delivery with long-term innovation.
Collaborate with other Product Managers to ensure cohesive planning and execution across the portfolio.
Drive cross-functional alignment with engineering, design, marketing, and customer success.
Maintain a transparent, outcome-driven roadmap and communicate progress regularly.
Mentor and coach other Product Managers, fostering a culture of ownership, curiosity, and excellence.
Provide strategic guidance on product discovery, delivery, and stakeholder engagement.
Champion best practices in product development, customer research, and data-driven decision-making.
Engage deeply with customers, partners, and internal SMEs to uncover insights and validate solutions.
Use prototypes, A/B testing, and iterative development to deliver lovable, high-impact features.
Ensure new functionality meets usability, compliance, and security standards.
Partner with Product Marketing to drive successful launches and sustained adoption.

Benefits

Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
Life, legal, and supplementary insurance
Virtual and in person mental health counseling services for individuals and family
Commuter and parking benefits
401(K) retirement plan with matching contributions
Employee stock purchase plan
Paid time off
Tuition reimbursement
On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
Access to CoStar Group’s Employee Resource Groups
Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks