Los Angeles, May 14, 2013 – CBRE Group, Inc. (CBRE) has been named the world’s fastest-growing retail property and leasing manager by Chain Store Age for the third straight year. The retail industry publication’s April/May 2013 issue reported that CBRE added 17 million sq. ft. of new global retail property management assignments in 2012.
“Whether in Barcelona, Beijing or Boston or other markets around the globe, our retail professionals are keenly focused on delivering service excellence to our clients,” said Todd Caruso, Senior Managing Director, CBRE Retail Agency Services. “The strong growth of our retail property portfolio, is a testament to the core values our professionals passionately share—respect, integrity, service and excellence.”
Chain Store Age’s 24th annual survey of Fastest-Growing Managers measures domestic and international third-party management and leasing contracts obtained during the preceding calendar year.
CBRE serves a vast of array of clients—including the nation’s leading retailers and retail property owners—with a full spectrum of services including property management, outsourcing, retail disposition, leasing, investment sales, debt or equity restructuring, valuation and consulting. In 2012, CBRE executed more than $29.7 billion in retail sales and leasing transactions worldwide, and manages 500 million sq. ft. of retail properties.
Earlier this year, CBRE led National Real Estate Investor’s Top Brokerage list for the tenth year in a row. For the sixth straight year CBRE was also included in the FORTUNE 500 and is also the highest ranked commercial real estate services firm on FORTUNE’s list of the Most Admired Companies.
CBRE provides a broad range of commercial real estate services on a global basis. The company was responsible for more than $189.8 billion of property sales and lease transactions in 2012, and managed more than 3.3 billion sq. ft. (including properties managed by affiliates) of commercial properties and corporate facilities as of December 31, 2012.
About CBRE Group, Inc.
CBRE 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 and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE 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. Please visit our website at www.cbre.com.