CB Richard Ellis Group Inc. has been named to the Fortune 500 list of the largest American companies, debuting at No. 404 on the 2008 list.
CB Richard Ellis is the first commercial real estate services firm to be included on the list, which is compiled and published by Fortune magazine.
“A Fortune 500 ranking is one of the most widely recognized emblems of business success,” said Brett White, president and CEO of CB Richard Ellis. “It underscores the confidence that clients have in our professionals and our global platform, which has made us the leader in commercial real estate services.”
The Fortune 500 ranks American companies by total revenue. Last year, CB Richard Ellis reported revenue of $6 billion, arranged sales and leasing transactions with a total value of $264.2 billion and managed commercial properties and corporate facilities totaling more than 1.9 billion square feet.
“In San Diego, our clients not only have access to the best local market insight and the area's top professionals, but can leverage the breadth and depth of CBRE's full-spectrum global commercial real estate services platform to fulfill any of their real estate needs,” said Mark Read, CB Richard Ellis senior managing director.
Earlier this year, CB Richard Ellis was ranked No. 11 in BusinessWeek’s list of the 50 Best Performers, as well as led National Real Estate Investor’s Top Brokerage list for the fifth straight year. The company also was named a 2008 Energy Star Partner of the Year by the U.S. Environmental Protection Agency for outstanding energy management and reductions in greenhouse gas emissions.
CB Richard Ellis Group, headquartered in Los Angeles, is the world's largest commercial real estate services firm in terms of 2007 revenue.
CB Richard Ellis is the first commercial real estate services firm to be included on the list, which is compiled and published by Fortune magazine.
“A Fortune 500 ranking is one of the most widely recognized emblems of business success,” said Brett White, president and CEO of CB Richard Ellis. “It underscores the confidence that clients have in our professionals and our global platform, which has made us the leader in commercial real estate services.”
The Fortune 500 ranks American companies by total revenue. Last year, CB Richard Ellis reported revenue of $6 billion, arranged sales and leasing transactions with a total value of $264.2 billion and managed commercial properties and corporate facilities totaling more than 1.9 billion square feet.
“In San Diego, our clients not only have access to the best local market insight and the area's top professionals, but can leverage the breadth and depth of CBRE's full-spectrum global commercial real estate services platform to fulfill any of their real estate needs,” said Mark Read, CB Richard Ellis senior managing director.
Earlier this year, CB Richard Ellis was ranked No. 11 in BusinessWeek’s list of the 50 Best Performers, as well as led National Real Estate Investor’s Top Brokerage list for the fifth straight year. The company also was named a 2008 Energy Star Partner of the Year by the U.S. Environmental Protection Agency for outstanding energy management and reductions in greenhouse gas emissions.
CB Richard Ellis Group, headquartered in Los Angeles, is the world's largest commercial real estate services firm in terms of 2007 revenue.