CB Richard Ellis Ranked World’s #1 Commercial Property Management Firm
SAN DIEGO – July 12, 2010 – CB Richard Ellis (CBRE) has been ranked the #1 commercial property management firm in the world, according to National Real Estate Investor, the leading magazine for professional real estate investors. CBRE has retained the top position in the publication’s annual ranking for seven consecutive years.
CB Richard Ellis manages more than 2.5 billion square feet of commercial property globally. This portfolio is more than 850 million square feet larger than the #2 firm, which manages 1.65 billion square feet.
CB Richard Ellis manages 15,496,680 square feet of commercial property in the San Diego making CBRE the area’s largest property manager.
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/sandiego.
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