08/29/2002

Buildings Census: Building Management

 

Firms that manage commercial/institutional/governmental facilities for other owners


Trammell Crow Company (612)
Dallas, TX

(214) 863-3000

www.trammellcrow.com

 

Office Buildings*: 142 million square feet. Shopping Centers*: 45 million square feet. Other Commercial (facilities management for office, industrial, and retail)*: 244 million square feet. Industrial Buildings*: 181 million square feet. Number of Professionals involved full-time in facilities*: 6,500. Company delivers three core services – management, transaction, and development and project management – to corporate and institutional customers. Company reorganized its business, effective January 2001, into Global Services and Development and Investment.


UNICCO Service Company (574)
Newton, MA

(617) 527-5222

www.unicco.com

 

1,400 Office Buildings*: 173 million square feet. 70 Shopping Centers*: 110 million square feet. 5,300 Chain Stores*: 19 million square feet. 760 Educational Buildings*: 45 million square feet. 12 Healthcare Buildings*: 8 million square feet. 30 Government Buildings*: 21 million square feet. 1,870 Other Commercial Buildings*: 23 million square feet. 1,050 Industrial Buildings*: 175 million square feet. Number of Professionals involved full-time in facilities*: 20,000


CB Richard Ellis Inc. (540)
Los Angeles, CA

(213) 613-3333

www.cbre.com

 

Office Buildings*: 540 million square feet. Number of Professionals involved full-time in facilities*: 9,500-plus. Office locations: 250 principal offices across 47 countries. Revenues in 2001: $1.17 billion. Divisions include: Transaction Management (Brokerage Services, Corporate Services, Investment Properties), Management Services (Asset Services, Project Management, Facilities Management); and Financial Services (L.J. Melody & Co.-Mortgage Banking, Valuation and Advisory, CB Richard Ellis Investors, Global Capital Markets Group).


Cushman & Wakefield Inc. (307.3)
New York, NY
(212) 841-7500

www.cushwake.com

 

(Statistics provided by New York office) 2,800 Office Buildings*: 194 million square feet. 1,200 Retail Centers*: 46 million square feet. 500 Other Commercial Buildings*: 30.3 million square feet. 800 Industrial Buildings*: 37 million square feet. Number of Professionals involved full-time in facilities*: 5,800. Cushman & Wakefield Inc. (C&W) offers integrated solutions through strategic planning, portfolio analysis, site selection, and space location, as well as buying, financing, selling, leasing, managing, and valuing property.


Consolidated Engineering Services (169.49)
Arlington, VA

(703) 553-7500

www.ces-engineers.com

 

987 Office Buildings*: 64.67 million square feet. 514 Chain Stores*: 11.72 million square feet. 209 Educational Buildings*: 7.94 million square feet. 324 Healthcare Buildings*: 4.84 million square feet. One Hotel/Motel Building*: 300,000 square feet. 11 Multi-family Housing Buildings*: 600,000 square feet. 228 Government Buildings*: 6.7 million square feet. 1,657 Other Commercial Buildings*: 40.63 million square feet. 337 Industrial Buildings*: 32.09 million square feet. Number of Professionals involved full-time in facilities*: 3,400. Dollar volume of spending in 2002 devoted toward facilities: $77 million (MRO).


Grubb & Ellis (142)
New York, NY/Northbrook, IL

(212) 759-9700/(847) 753-7500

www.grubb-ellis.com

 

With the collective resources of more than 8,000 people in over 200 offices in 30 countries, Grubb & Ellis’ total portfolio of space managed for outside clients is 142 million square feet, based on published information.


GVA Worldwide (140)
Evanston, IL
(847) 733-0883

www.gvaworldwide.com

 

This international organization of real estate industry leaders in key markets in over 20 countries serves more than 70 markets. The organization comprises 2,600 real estate professionals. In its last report, GVA Worldwide partners collectively completed $8 billion transactions and managed more than 140 million square feet of office, industrial, retail, and specialized property.


Divaris Property Management Corporation (104)
Virginia Beach, VA
(757) 497-2113

www.divaris.com

 

According to information published on its website, the organization presently manages and/or leases 52 million square feet of retail space; 40 million square feet of office space; and 12 million square feet of industrial space nationwide. Expansion programs, disposition of surplus locations, market entry strategies, exit negotiations, and acquisition programs are part of the company offering.


Pinnacle Realty Management Company (96.7)
Seattle, WA
(206) 215-9700

www.pinnaclerealty.com

 

Pinnacle oversees a portfolio valued at $4.3 billion that includes 16.7 million square feet of commercial space and approximately 100,000 apartment units (80 million square feet based on Buildings’ estimates of 800 square feet/unit). Employing more than 3,100 people, Pinnacle operates from four regional offices and more than 35 branch offices across the United States and Western Canada.


Transwestern Commercial Services (94)
Chicago, IL
(312) 499-1900

www.transwestern.net

 

With 23 full-service offices across the United States, Transwestern manages close to 100 million square feet in 650 properties. Approximately 160 Office Buildings and 15 Shopping Centers*: 64 million square feet. Approximately 75 Industrial Buildings*: 30 million square feet.


UBS Realty Investors LLC (80)
Hartford, CT
(860) 616-9000

www.ubs.com

 

According to published reports, UBS Realty Investors LLC manages 80 million square feet of space, including 32,171 apartment units and 3,553 hotel rooms.


Sentry Management Inc. (80)
Longwood, FL
(407) 788-6700

www.sentrymgt.com

 

Employing a highly skilled professional staff of over 300 people as property managers, leasing agents, bookkeepers, administrative, and maintenance staff, Sentry currently manages over 600 condominiums and homeowner associations, comprising over 100,000 homes (80 million square feet based on Buildings’ estimates of 800 square foot/unit).


Heitman (69.7)
Chicago, IL
(312) 855-5700

www.heitman.com

 

According to published reports, Heitman has 69.7 million square feet of space under management for outside clients.


Highwoods Properties Inc. (47)
Raleigh, NC
(866) 449-6637

www.highwoods.com

 

Company currently owns or has an interest in 594 office, industrial, retail, and service center properties, encompassing approximately 47 million square feet, including 18 development projects of approximately 1.8 million square feet. The company also controls nearly 1,500 acres of land for future development.


New Plan Excel Realty Trust Inc. (46.69)
New York, NY
(212) 869-3000

www.newplanexcel.com

 

As of March 31, 2002, the company’s website reported 46.69 million square feet of gross leasable area in its retail portfolio. Of this, 304 are community and neighborhood shopping centers, six are factory outlet centers, 37 are single-tenant properties, five are enclosed malls and specialty retail properties, and nine are miscellaneous properties.


Urban Retail Properties Company (41)
Chicago, IL
(312) 915-2000

www.urbanretail.com

 

Shopping Centers*: 41 million square feet.


Legum / Norman Realty Inc. (40.73)
Alexandria, VA
(703) 600-6000

www.legumnorman.com

 

Number of Professionals involved full-time in facilities*: 107. Three Hotel/Motel Buildings (628 Units)*: 188,400 square feet. 201 Multi-family Housing Buildings (50,681 Units)*: 40.54 million square feet.


Advantis Real Estate Services (30.19)
Atlanta, GA
(404) 262-2828

www.advantisgva.com

 

202 Office Buildings*: 23.79 million square feet. 35 Shopping Centers*: 4.09 million square feet. 953 Multi-family Housing Buildings*: 824,539 square feet. 13 Industrial Buildings*: 1.49 million square feet. Number of Professionals involved full-time in facilities*: 262.


Charles Dunn Company (30-plus)
Los Angeles, CA
(213) 683-0500

www.charlesdunn.com

 

Recognized as a West Coast leader in real estate management services, Charles Dunn Co. has earned a reputation for management excellence from a client base of individuals, investors, financial institutions, and public agencies. According to the company website, the company manages over 30 million square feet of office, industrial, retail, residential, and mixed-use properties for third-party clients.


Cohen-Esrey Real Estate Services (20.18)
Kansas City, MO
(816) 531-8100

www.cohenesrey.com

 

28 Office Buildings*: 4.6 million square feet. 14 Shopping Centers*: 3.85 million square feet. 99 Multi-family Housing Buildings (10,026 Units)*: 10.627 million square feet. Six Industrial Buildings*: 1.1 million square feet. Number of Professionals involved full-time in facilities*: 550.


S.L. Nusbaum Realty Company (20.1)
Norfolk, VA

(757) 627-8611

www.slnusbaum.com

 

25 Office Buildings*: 1.46 million square feet. 60 Shopping Centers*: 7.8 million square feet. 13,530 Multi-family Housing Buildings/Units*: 10.824 million square feet. Number of Professionals involved full-time in facilities*: 39.


Quadrelle Group Inc. (20)
Larchmont, NY

(914) 834-2600

www.quadrelle.com

 

30 Industrial Buildings*: 20 million square feet. Number of Professionals involved full-time in facilities*: 35. Dollar volume of spending in 2002 devoted to facilities*: Capital, $20 million; Operational, $10 million.


Bartlein & Company Inc. (19.37)
Santa Barbara, CA

(805) 569-1121

www.bartlein.com

 

18 Office Buildings*: 1 million square feet. Eight Shopping Centers*: 250,000 square feet. 800 Multi-family Housing Buildings (22,000 Units)*: 18 million square feet. Six Other Commercial Buildings*: 100,000 square feet. Three Industrial Buildings*: 20,000 square feet. Number of Professionals involved full-time in facilities*: 22. Dollar volume of spending in 2002 devoted to facilities*: Capital, $2 million; Operational, $50 million.


Arden Realty Inc. (18.8)
Los Angeles, CA

(310) 966-2600

www.ardenrealty.com

 

Including two properties currently under development, Arden’s total portfolio consists of 135 properties and approximately 18.8 million rentable square feet of space. 131 office buildings total 18.1 million square feet and two industrial buildings total 170,440 square feet.


Insignia Thalhimer (17.8)
Richmond, VA

(804) 648-5881

www.thalhimer.com

 

Formerly known as Morton G. Thalhimer, Insignia Thalhimer’s Commercial Brokerage Group’s, 54 marketing representatives cover Virginia, and the total property management portfolio reported consists of 17.8 million square feet of space.


Meridian Management Corporation (17.34)
Ponte Vedra, FL

(904) 285-3400

 

Six Office Buildings*: 400,000 square feet. 72 Educational Buildings*: 4 million square feet. 512 Multi-family Housing Buildings*: 1.1 million square feet. 43 Government Buildings*: 11.84 million square feet. Number of Professionals involved full-time in facilities*: 264. Dollar volume of spending in 2002 devoted to facilities*: Capital, $1 million; Operational, $30 million.


Mid-America Asset Management (16.37)
Oakbrook Terrace, IL

(630) 954-7300

www.midamericagrp.com

 

90 Shopping Centers*: 16.37 million square feet. Number of Professionals involved full-time in facilities: 60.


GVA Williams (15)
New York, NY

(212) 716-3500

www.williamsgva.com

 

Formerly known as Williams Real Estate Company Inc., GVA Williams now manages a portfolio of over 15 million rentable square feet for both individual and corporate clients. Property Management services include operation and maintenance, property accounting, financial forecasting and budgeting, and customized financial reporting.


Colliers Pinkard (13.11)
Baltimore, MD

(410) 752-4285

www.collierspinkard.com

 

75 Office Buildings*: 7.49 million square feet. Six Shopping Centers*: 714,234 square feet. 67 Industrial Buildings*: 4.91 million square feet. Number of Professionals involved full-time in facilities*: 100. Dollar volume of spending in 2002 devoted to facilities*: Capital, $5 million; Operational, $57.59 million.


Norris & Stevens (11.7)
Portland, OR

(503) 223-3171

www.norris-stevens.com

 

40 Office Buildings*: 2.3 million square feet. 34 Shopping Centers*: 2 million square feet. 100 Multi-family Housing Buildings (6,500 Units)*: 5.2 million square feet. 17 Industrial Buildings*: 2.2 million square feet. Number of Professionals involved full-time in facilities*: 21. Modernization project under way/completed in 2002*: 300,000 square feet.


Manco Abbott Inc. (11.46)
Fresno, CA

(559) 435-1756

www.mancoabbott.com

 

30 Office Buildings*: 3 million square feet. 40 Shopping Centers*: 3.3 million square feet. 30 Multi-family Housing Buildings (5,200 Units)*: 4.16 million square feet. Five Industrial Buildings*: 1 million square feet. Number of Professionals involved full-time in facilities*: 125. Modernization projects under way/completed in 2002*: 200,000 square feet. Dollar volume of spending in 2002 devoted to facilities*: Capital, $2 million; Operational, $43.88 million.


Ohio Equities LLC (10.06)
Columbus, OH

(614) 224-2400

www.ohioequities.com

 

55 Office Buildings*: 4.87 million square feet. 10 Shopping Centers*: 1.023 million square feet. Two Educational Buildings*: 255,00 square feet. 34 Multi-family Housing Buildings (725 Units)*: 579,795 square feet. One Government Building*: 155,000 square feet. 16 Other Commercial Buildings*: 2.74 million square feet. Seven Industrial Buildings*: 438,600 square feet. Number of Professionals involved full-time in facilities*: 75. Projects under way/completed in 2002*: New Construction, 563,600 square feet; Modernization, 180,000 square feet. Dollar volume of spending in 2002 devoted toward facilities*: Capital, $1 million; Operational, $325 million.


Insignia Kidder Mathews (9.99)
Seattle, WA

(206) 613-5400

 

40 Office Buildings*: 5 million square feet. 15 Shopping Centers*: 1.66 million square feet. Three Healthcare Buildings*: 538,000 square feet. 15 Industrial Buildings*: 2.8 million square feet. Number of Professionals involved full-time in facilities*: 20. Dollar volume of spending in 2002 devoted to facilities*: Capital, $3.5 million; Operational, $20 million.


First Commercial Brokerage Inc. (9)
Englewood, CO

(720) 332-3480

 

Office Buildings*: 8 million square feet. Industrial Buildings*: 1 million square feet. Number of Professionals involved full-time in facilities*: 4. New Construction projects under way/completed in 2002*: 1 million square feet.


The Michelson Organization (8.9)
St. Louis, MO

(314) 746-4320

 

One Office Building*: 100,000 square feet. 550 Multi-family Housing Buildings (11,000 Units)*: 8.8 million square feet. Number of Professionals involved full-time in facilities*: 150. Modernization project under way/completed in 2002*: 5 million square feet.


Norris Beggs & Simpson (7.6-plus)
Portland, OR

(503) 223-7181

www.nbsrealtors.com

 

Company website reports the company has experience in all types, sizes, and values of properties, including office, industrial, land, and multi-family. Its portfolio consists of more than 7.6 million square feet valued in excess of $694 million. Norris Beggs & Simpson reports it has more than 200 employees.


Leggatt McCall Properties Management (6)
Boston, MA

(617) 422-7000

www.lmp.com

 

Build-to-suit, joint-venture development, and fee development are just a few of the offerings of this firm. Over 6 million square feet of assets have been developed or acquired since 1978 (valued at $1 billion).


Flournoy Properties (6)
Columbus, GA

(706) 324-4000

www.flournoyproperties.com

 

Flournoy Properties currently manages over 7,500 units located in nine states and 27 cities throughout the Southeastern and Midwestern United States. Based on Buildings’ estimates of 800 square feet/unit, the company’s total estimated portfolio is 6 million square feet.


Podolsky Northstar Realty Partners (5)
Riverwoods, IL

(847) 444-5700

www.podolsky.com

 

Four Office Buildings*: 1 million square feet. Two Shopping Centers*: 100,000 square feet. 40 Industrial Buildings*: 3.9 million square feet. Number of Professionals involved full-time in facilities*: 4.


Bob Holz Services Inc. (5)
Denver, CO

(303) 296-9511

 

44 Government Buildings*: 5 million square feet. Number of Professionals involved full-time in facilities*: 15. Dollar volume of spending in 2002 devoted to facilities*: Operational, $4.25 million.


Coldwell Banker Commercial (2.98)
St. Louis, MO

(314) 206-4600

www.cbcstl.com

 

16 Office Buildings*: 2.06 million square feet. 10 Shopping Centers*: 289,000 square feet. 20 Multi-family Housing Buildings (406 Units)*: 306,264 square feet. Nine Industrial Buildings*: 327,000 square feet. Number of Professionals involved full-time in facilities*: 8.

 

* Indicates statistics received from company, based on Buildings’ Who’s Who questionnaire. In cases where information was not supplied in response to Buildings’ Who’s Who questionnaire, information was derived from public information: 10K reports; websites, both by specific company and industry related; and other published materials.

Although every attempt has been made to ensure accuracy, Buildings cannot guarantee the company information and statistics presented throughout this “Who’s Who in the Buildings Market 2002” report.

 

 
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