CBRE Group: Difference between revisions
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|products = Asset Services, Brokerage, Capital Markets, Consulting, Corporate Services, Debt & Equity Financing, Facilities Management, Industrial, Investment Brokerage/Agency, Investment Management, Mapping Services, Project Management, Property Management, Research & Investment Strategy, Retail, Specialty Services and Valuation & Advisory Services |
|products = Asset Services, Brokerage, Capital Markets, Consulting, Corporate Services, Debt & Equity Financing, Facilities Management, Industrial, Investment Brokerage/Agency, Investment Management, Mapping Services, Project Management, Property Management, Research & Investment Strategy, Retail, Specialty Services and Valuation & Advisory Services |
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|num_employees = 29,000 |
|num_employees = 29,000 |
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|revenue = {{ |
|revenue = {{profit}} $5.129 billion [[USD]] (2008)<ref>[http://ir.cbre.com/phoenix.zhtml?c=176560&p=irol-newsArticle&ID=1255252&highlight= CB Richard Ellis homepage | Investor Relations | Financial News Releases].<small> Retrieved on 2009-02-24.</small></ref> |
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|slogan = "Local real estate. Worldwide." and "Thinking locally, Operating Globally" |
|slogan = "Local real estate. Worldwide." and "Thinking locally, Operating Globally" |
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|homepage = [http://www.cbre.com/ CBRE.com]<ref>[http://biz.yahoo.com/ic/42/42894.html Yahoo Business: company profile-CB Richard Ellis]</ref> |
|homepage = [http://www.cbre.com/ CBRE.com]<ref>[http://biz.yahoo.com/ic/42/42894.html Yahoo Business: company profile-CB Richard Ellis]</ref> |
Revision as of 01:04, 28 March 2009
File:CBRElogo.PNG | |
Company type | Public (NYSE: CBG) |
---|---|
Industry | Commercial Real Estate Services |
Founded | 1773 |
Headquarters | Los Angeles, California, USA |
Key people | Richard C. Blum, Chairman W. Brett White, President, CEO & Director Kenneth J. Kay, CFO & SEVP |
Products | Asset Services, Brokerage, Capital Markets, Consulting, Corporate Services, Debt & Equity Financing, Facilities Management, Industrial, Investment Brokerage/Agency, Investment Management, Mapping Services, Project Management, Property Management, Research & Investment Strategy, Retail, Specialty Services and Valuation & Advisory Services |
Revenue | $5.129 billion USD (2008)[1] |
1,511,915,000 United States dollar (2022) | |
1,407,370,000 United States dollar (2022) | |
Number of employees | 29,000 |
Website | CBRE.com[2] |
This article contains content that is written like an advertisement. (March 2009) |
CB Richard Ellis Group, Inc. NYSE: CBG (known as CBRE) is a multinational real estate corporation based in Los Angeles, California, of the United States of America.
History
- Richard Ellis International, Limited was founded in London in 1773.
- Tucker, Lynch & Coldwell was established in 1906.
- Benjamin Banker is named partner in 1914.
- Tucker Lynch was renamed Coldwell, Banker & Co in 1940.
- In 1969, Coldwell Banker began trading stock.
- The New York commercial real estate firm Sutton & Towne, Inc was acquired by Coldwell Banker in 1980.
- Sears, Roebuck & Co. acquired Coldwell Banker in 1981.
- In 1989, the Coldwell Banker Commercial Division (CB Commercial) was spun off as a separate company from Coldwell Banker Real Estate and sold to a group of investors, management and employees.
- CB Commercial acquired: Westmark Realty Advisors in 1995, L.J. Melody & Company mortgage bankers in 1996, Koll Real Estate Services in 1997 and Hiller Parker in 1998.
- CB Commercial went public in 1996.
- The merger of CB Commercial and Richard Ellis International, Limited (REI Ltd.) in 1998 resulted in a new company named, CB Richard Ellis (CBRE).
- In 1999, Japanese operations were merged with Ikoma Corporation; Sweden's Profit Group and Chile's LirAntunez Propiedades were acquired.
- CBRE was privatized in 2001.
- Insignia Financial Group was acquired in 2003.
- For a second time, CBRE went public on the New York Stock Exchange in 2004.[3]
- At the end of 2006, CBRE completed the acquisition of competitor Trammell Crow Co. in a transaction valued at $2.2 billion.[4][5]
Accolades
- Ranked 11th on the Business Week list of top 50 companies for 2008[6]
- One of 41 businesses listed on the Companies that Care Honor Roll for 2008[7]
- Fortune 500 for 2008, ranked 404th[8]
- Fortune Magazine 100 fastest growing companies in 2008, ranked 33rd[9]
- Ranked 29th on the 2008 IAOP Global Outsourcding Leaders list of 100[10]
- 2008 ENERGY STAR Award Winner[11]
Major National Competitors
- Holliday Fenoglio Fowler
- Cushman & Wakefield
- Eastdil Secured
- Grubb & Ellis
- Jones Lang LaSalle
- Marcus & Millichap
- Brookfield Properties
References
- ^ CB Richard Ellis homepage | Investor Relations | Financial News Releases. Retrieved on 2009-02-24.
- ^ Yahoo Business: company profile-CB Richard Ellis
- ^ Funding Universe.com: Company Histories-CB Richard Ellis Group, Inc.
- ^ Memphis Business Journal: December 20, 2006-CBRE completes Trammell Crow takeover
- ^ CBRE website: Our History
- ^ Business Week Magazine: March 27, 2008-The BusinessWeek 50, 2008
- ^ Companies that Care website: 2008 Honor Roll
- ^ Fortune magazine: Fortune 500
- ^ Fortune magazine: 100 fastest growing companies
- ^ International Association of OUtsourcing Professionals: Document-The 2008 Global Outsourcing 100 - FORTUNE 050608.pdf
- ^ US Government Energy Star website: April 1, 2008-Congratulations to the 2008 ENERGY STAR Award Winnersx!