Los Angeles, CA – August 4, 2009 — CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that Automatic Data Processing, Inc.(ADP), one of the world’s largest providers of business outsourcing solutions, has selected the Company to provide facilities management services for ADP’s 6.7 million sq. ft. portfolio. The exclusive five year assignment will cover ADP’s more than 200 facilities across the U.S. The selection marks the first time ADP has outsourced management of its corporate facilities.
"We selected CB Richard Ellis as our exclusive facilities management provider because they have a culture similar to ADP—a focus on excellence and putting the client first," said Steve Penrose, Senior Vice President of ADP. "CBRE’s people and platform can deliver comprehensive and flexible solutions to meet ADP’s real estate and facility management business objectives."
CB Richard Ellis’ Global Corporate Services team will oversee facilities management services including utilities, security, repair & maintenance, facilities accounting and reporting for ADP.
"ADP’s selection of CB Richard Ellis to be its first outside facilities management provider is a strong endorsement of the capabilities of our professionals and our platform," said Bill Concannon, Vice Chairman of Global Corporate Services for CB Richard Ellis.
The ADP assignment reflects the continued growth and success of CBRE’s Global Corporate Services business, which this year has added or expanded relationships with clients including Cox Enterprises, Nokia, Nissan and Ontario Realty Corporation.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2008 revenue). The Company has approximately 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has
been named a BusinessWeek 50 "best in class" company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.