Los Angeles, April 15, 2010--For the seventh year in a row National Real Estate Investor, the leading magazine for professional real estate investors, has ranked CB Richard Ellis No. 1 out of the 25 largest U.S.-based commercial real estate brokerage firms. The ranking, featured in the publication’s April 2010 issue, is based on the aggregate value of sales and leasing transactions completed globally during 2009.
CB Richard Ellis was responsible for $97.2 billion of global sales and leasing transactions in 2009. That total was nearly twice the transaction value of the nearest competitor.
“No matter what the market environment, clients recognize that the industry’s best platform and professionals will produce best-in-class results,” said Brett White, chief executive officer of CB Richard Ellis. “We’re proud to be the real estate advisor of choice for property owners, investors, and occupiers around the world. “
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 2009 revenue). The Company has approximately 29,000 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 for three years in a row. Please visit our Web site at www.cbre.com.