When it comes to the world of real estate, few names are as recognizable and respected as CBRE. With operations in over 100 countries and more than 58,000 employees worldwide, CBRE is a global powerhouse in the commercial real estate industry.
History and Mission
CBRE was founded in 1906 by J.C. Bryan and George Colter Baker. Over the years, the company has grown exponentially, acquiring numerous other real estate firms and expanding its operations to become one of the largest and most influential players in the industry.
Services Offered by CBRE
CBRE offers a wide range of commercial real estate services to its clients, including:
- Leasing: CBRE’s leasing team works with tenants and landlords to negotiate and execute lease agreements that meet the needs of both parties.
- Property management: CBRE provides ongoing support for property owners and managers, including rent collection, maintenance, and accounting services.
- Investment management: CBRE helps clients make smart investment decisions in the commercial real estate market, leveraging its expertise in market analysis, valuation, and financing to maximize returns.
- Consulting: CBRE provides a range of consulting services to help companies optimize their real estate operations, including strategic planning, market research, and asset management.
Notable Achievements and Case Studies
CBRE has achieved numerous milestones over the years, demonstrating its expertise and leadership in the commercial real estate industry. Here are just a few examples:
- In 2019, CBRE was named the world’s largest commercial real estate services company by RealPage for the ninth consecutive year.
- In 2020, CBRE completed over 650 transactions worth more than $4 billion in Asia Pacific, demonstrating its continued strength in the region.
- In 2019, CBRE was awarded the “Best Leasing Company” by Property Week for the third consecutive year.
Real-Life Examples of CBRE’s Success
One of the most notable examples of CBRE’s success is its work with Coca-Cola. In 2018, CBRE helped Coca-Cola relocate its headquarters from Atlanta to Frankfort, Germany, securing a long-term lease for the company and providing ongoing support for its real estate needs.
Another example is CBRE’s work with Procter & Gamble. In 2019, CBRE helped Procter & Gamble acquire a new headquarters in Cincinnati, Ohio, working closely with the company to ensure a smooth transition and providing ongoing support for its real estate needs.
FAQs
1. What services does CBRE provide?
CBRE provides a wide range of commercial real estate services, including leasing, property management, investment management, and consulting.
2. Is CBRE the largest commercial real estate services company in the world?
Yes, CBRE was named the world’s largest commercial real estate services company by RealPage for the ninth consecutive year in 2019.
3. What notable achievements has CBRE achieved in recent years?
In 2019, CBRE was named the “Best Leasing Company” by Property Week for the third consecutive year and completed over 650 transactions worth more than $4 billion in Asia Pacific.