CBRE is a full service commercial real estate firm providing solutions to property owners, investors and occupiers.
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CB Richard Ellis has more than 100,000 professionals around the globe who provide exceptional outcomes for clients in over 100 countries. CBRE team members combine local market insight, broad services, specialized expertise, and premier tools and resources. They have worked to provide companies with the right office space for over 100 years. In 2021, as the global pandemic has forced everyone to fundamentally changed the way they live, work, and invest, CBRE has been forced to reimagine everything, including the way business gets done.
The company started in San Francisco in 1906. By the 1940s, and, by the 1970s, CBRE went public as it became one of the largest commercial real estate services companies in the United States. The company became even bigger over the years through a series of mergers and acquisitions and was added to the S&P 500 in 2006. In 2015, the company’s annual revenue crested $10 billion for the first time and by 2018, it was up to $20 billion. In 2021, CBRE is No. 122 on the Fortune 500 list.
To provide global real estate services for a broad range of clients, CBRE breaks its focus areas down into five categories. In their Business Segments services, they work in three different ways. They offer advisory services, global workplace solutions, and real estate investments. In the Services for Investors category, CBRE offers a full menu of investor services like appraisal management, construction risk management, debt & structured finance, energy and sustainability, investment accounting and reporting solutions, investment banking, loan servicing, and more.
Under the umbrella of service for occupiers, there is business transition and move management, client strategy and consulting, facilities management, leasing and advisory, portfolio services, project management, and real estate accounting. They also work with specialty asset types from hotels to golf courses to gaming facilities and more.
Finally, CBRE has specialized services for a wide range of industries like energy, oil and gas, financial services, retail, healthcare, law firms, and tech companies, just to name a few.
There are four values at the core of everything CBRE does. These values help influence how they do business and how they treat their clients. These are the values that every company that interacts with CBRE can expect to experience:
They are the world’s largest commercial real estate services and investment firm. In 2020, CBRE revenues were $23.8 billion and they employed more than 100,000 employees around the world. CBRE first showed up on the Fortune 500 in 2008, and is now ranked #122.
CBRE is an award-winning company
The company has been voted the industry’s top brand by the Lipsey Company for an astonishing 20 consecutive years. They have been named one of Fortune’s “Most Admired Companies” for nine years in a row, and were ranked No. 1 in the real estate sector in 2021, for the third consecutive year.
They see the future of work
Following the global pandemic, commercial real estate will never be the same again. CBRE prides itself on being able to flex to this new normal and find solutions for companies going back to the office or looking for the right space to create a hybrid work environment for employees. This commitment will keep CBRE as the leader in commercial real estate into the next decade and beyond and help its clients adjust to life after the pandemic.