Who's Who in the Buildings Market 2005: Building Management

Sept. 6, 2005
Firms that manage commercial/institutional/governmental facilities for other owners

Johnson Controls (1,003)
Milwaukee, WI
(414) 524-4500
www.johnsoncontrols.com

Office Buildings*: 175 million square feet. Chain Stores*: 144 million square feet. Educational Buildings*: 95 million square feet. Healthcare Buildings*: 67 million square feet. Hotel/Motel Buildings*: 8 million square feet. Government Buildings*: 170 million square feet. Other Commercial Buildings*: 168 million square feet. Industrial Buildings*: 176 million square feet. Number of Professionals Involved Full-Time in Facilities*: 10,899. Projects in New Construction and/or Modernization*: New Construction, $1.75 billion. These numbers are based on company estimates, as reporting mechanisms vary by location. Johnson Controls understands what it takes to maintain a building as a place that cultivates good people and a great product, service, or return to stakeholders. With over a century of experience within the walls of thousands of facilities across the globe, the organization has established many innovations outside of those walls.

EMCOR Group Inc. (1,000+)
Norwalk, CT
(203) 849-7800
www.emcorgroup.com

With more than 1 billion square feet serviced*, and 300,000 square feet serviced full-time*, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, and maintaining the sophisticated and dynamic systems that create facility environments - such as electrical, mechanical, lighting, air-conditioning, heating, security, and power generation systems - in virtually every sector of the economy and for a diverse range of businesses around the world. Number of Professionals Involved Full-Time in Facilities*: 8,000.

CB Richard Ellis (989)
El Segundo, CA
(310) 606-4700
www.cbre.com

CB Richard Ellis’ 300-plus offices operate in more than 50 countries with over 17,000 employees. Its property and corporate facilities under management total 989 million square feet. Known as the largest commercial property management firm in the world, CB Richard Ellis holds a leadership position in virtually all of the world’s key business centers. The company’s strengths include a proven track record of meeting diverse client needs; intellectual capital and technology resources that develop and deliver superior analytical, research, and client service tools to its professionals; and an organizational structure that harnesses the firm’s collective expertise.

Jones Lang LaSalle (725)
Chicago, IL
(312) 782-5800
www.joneslanglasalle.com

Serving clients locally, regionally, and globally from offices in more than 100 markets on five continents, Jones Lang LaSalle has approximately $23 billion in assets (725 million square feet) under management. With 9,700 directly reimbursable property maintenance employees, the organization stands ready to provide each client with comprehensive investment, transaction, and management services.

UNICCO Service Co. (701)
Newton, MA
(888) 751-9100
www.unicco.com

3,348 Office Buildings*: 211 million square feet. 82 Shopping Centers*: 122 million square feet. 5,700 Chain Stores*: 19 million square feet. 1,270 Educational Buildings*: 101 million square feet. 19 Healthcare Buildings*: 12 million square feet. 22 Government Buildings*: 20 million square feet. 14 Other Commercial Buildings*: 26 million square feet. 375 Industrial Buildings*: 190 million square feet. Number of Professionals Involved Full-Time in Facilities*: 1,225. With over 55 years of experience, UNICCO offers a comprehensive suite of facilities services, from maintenance, engineering, and janitorial to production support, lighting, and administrative/office services. UNICCO also has an industry-leading 95-percent customer retention rate.

Colliers Intl. (571.3)
Boston, MA
(617) 722-0221
www.colliers.com

Office Buildings*: 147.9 million square feet. Shopping Centers*: 95.4 million square feet. Multi-Family Housing*: 118.5 million square feet. Other Commercial Buildings*: 90.9 million square feet. Industrial Buildings*: 118.7 million square feet. Recently ranked as the third best-known commercial real estate brand by Longwood, FL-based The Lipsey Co., Colliers’ 9,141 employees (3,900 of which are active agents/brokers) have 571.3 million square feet under management. With 248 offices in 51 countries and six continents, the organization’s pioneering tradition of global breadth and local depth sums up Colliers’ unique approach to the business of commercial real estate.

Trammell Crow Co. (500+)
Dallas, TX
(214) 863-3000
www.trammellcrow.com

Constantly raising the bar to develop and share best practices and cost-saving initiatives that create value for owners and occupants, Trammell Crow’s services for its 500-plus million square feet under management include energy, facilities, and property management; real estate tax consulting; an advanced work order system; and customized property websites unique to individual properties.

Cushman & Wakefield Inc. (400)
New York, NY
(212) 841-7500
www.cushwake.com

With 169 offices in 46 countries, Cushman & Wakefield advises, implements, and manages on behalf of landlords, tenants, and investors through each stage of the real estate process. The firm also offers valuation advice, strategic planning and research, portfolio analysis, site selection, and space location assistance. The organization provides asset services to approximately 400 million square feet of space (of which 260 million-plus square feet is domestic, with the bulk of globalization in Brazil and Europe).

Grubb & Ellis Co. (200+)
Northbrook, IL
(800) 877-9066
www.grubb-ellis.com

Grubb & Ellis operates in 31 states, plus Puerto Rico, Guatemala, and Mexico. Property and facilities management services are offered in industrial, manufacturing, and warehousing facilities, as well as in data centers, retail outlets, medical facilities, and multi-family housing properties. Grubb & Ellis provides real estate management and related services to major corporations for headquarters, facilities, and Class-A office spaces. The company currently manages more than 200 million square feet.

Transwestern Commercial Services (167)
Houston, TX
(713) 270-7700
www.transwestern.net

Specializing in agency leasing, property/facilities management, tenant representation, corporate advisory, investment and finance, healthcare advisory, development, and research for a broad range of property types (including office, industrial, retail, and multi-family), Transwestern oversees the leasing and management of over 800 properties representing more than 167 million square feet.

The Staubach Co. (151)
Addison, TX
(800) 944-0012
www.staubach.com

The Staubach Co. delivers cost-effective solutions for users of office, industrial, and retail spaces. With extensive experience in strategic consulting, site selection, acquisition, disposition, construction consulting/project management, real estate administration, portfolio management, financing, and capital solutions, Staubach manages 151 million square feet. Its 58 offices house 1,200 employees throughout the Americas and represent the organization’s 2,200 clients.

PM Realty Group (150)
Houston, TX
(713) 209-5800
www.pmrealtygroup.com

For over 50 years, PM Realty Group has offered its high-profile clientele with comprehensive real estate serv-ices. The organization’s 1,300 employees manage more than 150 million square feet for its commercial and corporate clients - including office, industrial, manufacturing, R&D, retail, multi-family, and special-use spaces.

Pinnacle Realty Management Co. (116.7)
Seattle, WA
(206) 215-9700
www.pinnaclerealty.com

Multi-Family Housing: 100 million square feet (based on Buildings’ estimates of 800 square feet/unit). Other Commercial Buildings: 16.7 million square feet. Pinnacle employs more than 3,100 people and oversees a portfolio of apartment, office, industrial, and retail properties located in 42 states. The company is a recognized leader in affordable housing management (it manages 30,000 affordable housing units) and is active in the privatization of military housing. Pinnacle is built on four principles: quality people, strong customer service, solid market knowledge, and superior systems/support capabilities.

Brookfield LePage Johnson Controls (96.9)
Markham, ON, Canada
(905) 943-4100
www.bljc.com

1,380 Office Buildings*: 24.4 million square feet. 112 Shopping Centers*: 11 million square feet. 4,200 Other Retail Buildings*: 14 million square feet. 3 Educational Buildings*: 570,000 square feet. 7 Healthcare Buildings*: 1.4 million square feet. 4,100 Government Buildings*: 38 million square feet. 1,300 Other Commercial Buildings*: 6 million square feet. 7 Industrial Buildings*: 1.6 million square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities*: Capital, $100 million; Operational, $1 billion. Number of Professionals Involved Full-Time in Facilities*: 1,500.

Ontario Realty Corp. (52)
Toronto, ON Canada
(877) 863-9672
www.orc.on.ca

Ontario Realty Corp. is one of Canada’s largest real estate management companies, with over 6,000 buildings representing some 52 million square feet of space and 95,000 acres of land. Managing real estate assets in approximately 130 communities, Ontario Realty Corp. is focused on implementing and managing new processes to meet customer needs and delivering open, accountable, and effective facility/land management services.

Newmark | Global Real Estate Advisors (50+)
New York, NY
(212) 372-2000
www.newmarkre.com

With offices throughout the world employing nearly 800 people, Newmark has created a global platform from which to serve its growing list of corporate clients. The organization manages and/or leases more than 50 million square feet of commercial space nationally. In addition to representing major institutions, corporations, and property owners in transactions, Newmark provides extensive consulting and management services (financial, construction, and due diligence services; property/asset management; and project management).

Legacy Partners (50)
Foster City, CA
(650) 571-2200
www.legacypartners.com

Legacy Partners’ executive team of 900 professionals manages more than 26 million square feet of commercial space, has built in excess of 55,000 apartment units, and is actively developing more than 1,500 new multi-family units - for a total portfolio size of over 50 million square feet. A leader in the commercial and residential real estate sector for more than 37 years, the organization’s portfolio is currently valued at $4.7 billion.

Highwoods Properties Inc. (41.4)
Raleigh, NC
(866) 449-6637
www.highwoods.com

Highwoods manages 525 in-service office, industrial, and retail properties encompassing 41.4 million square feet. The company offers leasing, management, development, construction, and other tenant-related services for its properties and for third parties, and has residential apartment holdings totaling more than 630 units. Highwoods develops office and industrial space on build-to-suit and managed inventory bases and owns approximately 1,200 acres of undeveloped land for future development across the Carolinas to Georgia, Florida, Virginia, Tennessee, Iowa, Kansas, and Missouri.

Urban Retail Properties Co. (40+)
Chicago, IL
(312) 915-2000
www.urbanretail.com

Urban Retail Properties’ portfolio of managed properties currently includes over 40 million square feet of space in regional malls, community centers, mixed-use projects, office buildings, and government real estate in 17 states and the District of Columbia. As a vertically integrated property management company, Urban Retail Properties offers management, marketing, leasing, and development expertise to a wide range of clients, including banks, the state and federal government, insurance companies, pension funds, and private investors.

Legum & Norman Inc. (40)
Alexandria, VA
(703) 600-6000
www.legumnorman.com

Legum & Norman’s clients include housing authorities, private and public partnerships, government entities, and individual owners. These clients represent over 50,000 units of real estate (40 million square feet, based on Buildings’ estimates of 800 square feet/unit) in high-rise, mid-rise, low-rise, and garden-style multi-family buildings.

U.S. Equities Realty (40)
Chicago, IL
(312) 456-7000
www.usequities.com

U.S. Equities provides commercial real estate brokerage, development, and management services to clients with nearly 40 million square feet in retail, commercial, and industrial spaces. Its four business groups include asset management and leasing services, development/program management services, investment and financial services, and real estate consulting services.

Advantis/GVA (30+)
Atlanta, GA
(404) 262-2828
www.advantisgva.com

Advantis/GVA has emerged as a preeminent southeastern commercial real estate services firm. Its management portfolio includes office, industrial, and retail properties that exceed 30 million square feet. Employing more than 500 professionals, the organization’s average annual transaction volume equals $1.4 billion.

Eugene Burger Management Corp. (27)
Rohnert Park, CA
(707) 584-5123
www.ebmc.com

12 Office Buildings*: 300,000 square feet. 19 Shopping Centers*: 900,000 square feet. 256 Multi-Family Housing Buildings/32,200 Units*: 25.8 million square feet (based on Buildings’ estimates of 800 square feet/unit). 1 Industrial Building*: 76,000 square feet. Number of Professionals Involved Full-Time in Facilities*: 50. The organization’s $1.8-billion portfolio consists of multi-family, commercial, and conventional properties located in Arizona, California, Colorado, Florida, Nevada, and Texas.

Charles Dunn Co. (24+)
Los Angeles, CA
(213) 683-0500
www.charlesdunn.com

Managing over 24 million square feet of space in office, industrial, retail, multi-family, and mixed-use properties for third-party clients, Charles Dunn offers property management, asset management, facilities management, corporate services, project/construction management, and accounting services. From small strip centers to major industrial parks, the company provides clients with solutions to all property-related issues.

GVA Williams (22)
New York, NY
(212) 716-3500
www.gvawilliams.com

GVA Williams real estate professionals serve more than 100 buildings totaling 22 million square feet of office, industrial, retail, and specialized spaces. Services include property/facilities management, asset management, project management, and marketing/research.

Meridian Management Corp. (21.2)
Ponte Vedra Beach, FL
(904) 285-3400
www.meridianmgmt.com

81 Educational Buildings*: 2.5 million square feet. 61 Government Buildings*: 13.9 million square feet. 14 Other Commercial Buildings*: 4.8 million square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities*: Operational, $32.3 million. Number of Professionals Involved Full-Time in Facilities*: 47. Meridian’s Integrated Facility Management approach provides focused expertise in managing all aspects of a facility, including compliance with local, state, and federal regulations; customizing service, maintenance, and capital improvement programs; performing life-cycle, payback, or internal rate of return analyses; and implementing life safety programs to decrease liability.

Divaris Real Estate Inc.’s Property Management Group (20)
Virginia Beach, VA
(757) 497-2113
www.divaris.com

With the goal of increasing property values (via proactive leasing, sales, redevelopment, and effective repositioning and adaptive use strategies), Divaris’ 20 million-square-foot property portfolio has maintained occupancy rates in its prime retail, office, and industrial spaces well above those of its competition. A regular interface is maintained with landlords and tenants, which maximizes communications and provides responses with sensitivity, efficiency, and promptness.

MB Real Estate (20)
Chicago, IL
(312) 726-1700
www.mbres.com

MB Real Estate is a full-service real estate organization that offers expertise in asset and facilities management, leasing, tenant representation, development/construction management, and investment services. Providing these services to corporations, institutions, professional organizations, private investors, and non-profit agencies, MB Real Estate fulfills unique business needs for its portfolio of more than 20 million square feet.

Prentiss Properties (18.4)
Dallas, TX
(214) 654-0886
www.prentissproperties.com

Prentiss features in-house expertise in acquisitions, development, facilities management, property management, and leasing. The company owns interests in 133 office and industrial properties, with approximately 18.4 million square feet of net rentable square feet.

Arden Realty Inc. (18.2)
Los Angeles, CA
(310) 966-2600
www.ardenrealty.com

Operating 120 commercial properties consisting of 193 buildings and 18.2 million square feet, this company’s in-house operations include leasing, property/asset management, construction, development, and acquisition. Arden’s consulting arm, next>edge, provides real estate services to tenants and outside clients with an emphasis on energy management services.

Manco Abbott Inc. (13.4)
Fresno, CA
(559) 435-1756
www.mancoabbott.com

58 Office Buildings*: 3.4 million square feet. 52 Shopping Centers*: 3.7 million square feet. 46 Multi-Family Housing Buildings*: 5.4 million square feet. 4 Industrial Buildings*: 900,000 square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities*: Capital, $1 million; Operational, $52 million. Projects Under Way (to be Completed in 2005)*: Modernization, $1 million. Manco Abbott provides value-added serv-ices to owners and business interests of real estate throughout California, concentrating on the San Joaquin Valley. A California licensed real estate corporation, this organization is the leading Accredited Management Organization in the Central Valley.

* 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, company websites, industry-related reports, Hoover’s Online, and other published and electronic materials.

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