Miami, FL – May 17, 2011 – (RealEstateRama) — CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.
”Our clients have confidence that our platform and our professionals can deliver the best solutions to meet their needs,” said Mary Jo Eaton, Florida’s Senior Managing Director. “The team in Florida represents some of the strongest players in our industry—the same can be said throughout the globe. The partnerships between our clients and our professionals have earned us this ranking.”
The FORTUNE 500 ranks U.S.-based companies by total revenue. CB Richard Ellis was ranked at #440 on the list, up nearly 60 places from the prior year.
In 2010, CB Richard Ellis arranged sales and leasing transactions with total value of $128.1 billion and managed commercial properties and corporate facilities totaling more than 2.9 billion sq. ft. (includes properties managed by affiliate companies). In Florida, CB Richard Ellis arranged sales and leasing transactions with total value of $4.6 billion during 2010. Statewide, the portfolio of managed commercial properties and corporate facilities totaled more than 39.9 million square feet.
Earlier this year, CB Richard Ellis led National Real Estate Investor’s Top Brokerage list for the eighth straight year. The Company is also the only commercial real estate services firm included on the 2011 Forbes Global 2000 list, which identifies the world’s most powerful publicly held companies based on a combination of revenue, profits, total assets and market value.
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 2010 revenue). The Company has approximately 31,000 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. Please visit our Web site at www.cbre.com.