Los Angeles, CA – December 6, 2010 – (RealEstateRama) — Brett White, Chief Executive Officer of CB Richard Ellis Group, Inc., has been selected as Service Company Executive of the Year in Commercial Property Executive’s 2010 CPE Executive of the Year Awards. This year’s selection marks Mr. White’s third time receiving this prestigious award.
“The 14-year-old CPE Executive of the Year Awards carry special weight because winners are determined by commercial real estate industry executives themselves. Thus, Brett White’s award reflects the respect and admiration of his peers,” said Suzann D. Silverman, Editor-in-Chief, Commercial Property Executive. “But it is also performance based, as our editorial team vetted the nominees carefully based on strategic decision making, transaction activity and other critical moves during the past year. Brett is one of just 17 executives to be awarded a first-place designation. The fact that he has won this award three times only emphasizes how well deserved it is.”
Mr. White’s selection, by one of the U.S. commercial real estate industry’s foremost publications, was made following a comprehensive, months-long nomination and review process, culminating in a secret ballot sent to the CPE 100 board of senior industry executives.
Mr. White has served as CEO at CB Richard Ellis since 2005. CB Richard Ellis manages more than 2.5 billion sq. ft. of commercial property globally and in 2009 was responsible for $97.2 billion of global sales and leasing transactions. Both totals are more than any other commercial real estate services firm. Recent clients that have selected CB Richard Ellis to manage their commercial real estate transactions and facilities include NYSE Euronext, American International Group, Inc. and United Technologies Corp. In October, Newsweek magazine ranked CB Richard Ellis #30 out of 500 companies on its 2010 Green Rankings – and #1 within the financial services industry – and in November, CB Richard Ellis was named the World’s Best consultant at the International Property Awards in London.
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. Please visit our website at www.cbre.com.