Who's Who in the Buildings Market 2004: Building Management

Sept. 1, 2004
Firms that manage commercial/institutional/governmental facilities for other owners
Johnson Controls (1,500)Milwaukee, WI(414) 524-4000www.johnsoncontrols.comJohnson Controls is a world leader in facility management. Managing close to 1.5 billion square feet of facilities around the globe, Johnson Controls has approximately 300 offices worldwide and is actively involved in the management and operations of facilities in all types of marketplaces.CB Richard Ellis (822)Los Angeles, CA(213) 438-4880www.cbre.com2,100 Office Buildings*: 349 million square feet. 1,000 Shopping Centers*: 70 million square feet. 200 Other Commercial Buildings (facilities management for office, industrial, and retail)*: 31 million square feet. 1,100 Industrial Buildings*: 222 million square feet. 14,300 Corporate Buildings*: 150 million square feet. 1,000 Projects Under Way (to be completed in 2004)*: 14 million square feet. To meet the unique needs of their clients, CB Richard Ellis utilizes multiple business solutions to implement an individual value-augmentation plan for each asset – a plan to create/add/protect value with a focus on revenue enhancement, operational efficiency, letting/leasing, and service excellence.Jones Lang LaSalle (725)
Chicago, IL(312) 782-5800www.joneslanglasalle.comOffice Buildings*: 503 million square feet. Shopping Centers*: 72 million square feet. Educational Buildings*: 2 million square feet. Multi-Family Housing*: 48 million square feet. Government Buildings*: 4 million square feet. Other Commercial Buildings*: 8 million square feet. Industrial Buildings*: 88 million square feet.UNICCO Service Co. (682)Newton, MA(800) 283-9222www.unicco.com3,285 Office Buildings*: 206 million square feet. 80 Shopping Centers*: 119 million square feet. 6,200 Chain Stores (includes bank branches)*: 20 million square feet. 1,240 Educational Buildings*: 95 million square feet. 19 Healthcare Buildings*: 12 million square feet. 22 Government Buildings*: 20 million square feet. 12 Other Commercial Buildings* (public venue includes stadiums, museums, etc.): 24 million square feet. 370 Industrial Buildings*: 186 million square feet. Number of Professionals Involved Full-Time in Facilities*: 1,225. UNICCO is an integrated facilities services company with over 50 years in facilities outsourcing experience.Colliers Intl. (618.5)
Boston, MA(617) 722-0221www.colliers.comThis international company manages 618.5 million square feet across six continents. Colliers employs 8,800 professionals who offer experience in office, industrial, retail, hospitality, and multi-family property management. A complete range of services is available on a local, regional, national, and international basis to tenants, owners, and investors. Trammell Crow Co. (388)
Dallas, TX(214) 863-3000www.trammellcrow.comOffice Buildings*: 83 million square feet. Shopping Centers*: 17 million square feet. Other Commercial Buildings (facilities management for office, industrial, and retail)*: 144 million square feet. Industrial Buildings*: 144 million square feet. Number of Professionals Involved Full-Time in Facilities*: 6,200. Trammell Crow’s three core services – building management, brokerage, and development/project management – encompass the total real estate cycle and are tailored for two customer groups: users of commercial real estate and facilities, and investors in commercial real estate. Cushman & Wakefield Inc. (361.4)
New York, NY(212) 841-7500www.cushwake.com3,177 Office Buildings*: 256.2 million square feet. 1,084 Shopping Centers*: 25.2 million square feet. 6 Multi-Family Housing Buildings*: 6.3 million square feet (21,000 units). 17 Other Commercial Buildings (facilities management for office, industrial, and retail)*: 16.4 million square feet. 302 Industrial Buildings*: 57.3 million square feet. Dollar Volume of Spending in 2004 Devoted/Estimated Toward Facilities*: Capital, $1.2 billion; Operational, $7.5 billion. Number of Professionals Involved Full-Time in Facilities*: 1,450. 550 Projects Under Way (to be completed in 2004)*: 17.7 million square feet. With 160 offices in 48 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. Consolidated Engineering Services Inc. (175)
Arlington, VA(703) 553-7500www.cesengineers.comManagement and operations of buildings is the cornerstone of Consolidated Engineering’s business. Offering services to office, retail, educational, healthcare, hospitality, government, industrial, multi-family housing, and other commercial sectors, Consolidated Engineering manages more than 175 million square feet of space for owners. PM Realty Group (120)Houston, TX(713) 209-5800www.pmrealtygroup.comWith over 1,100 employees and 20 offices, PM Realty Group offers a full spectrum of real estate services – property/facility management, leasing/marketing, corporate services, investment services, construction management, asset management/development, engineering services, portfolio administration, etc. The firm currently manages more than 120 million square feet of office, industrial, manufacturing, R&D, retail, multi-family, and special-use space. Transwestern Commercial Services (115.9)
Houston, TX(713) 270-7700www.transwestern.net1,211 Office Buildings*: 68 million square feet. 26 Shopping Centers*: 3 million square feet. 876 Healthcare Buildings*: 11.9 million square feet. 1,280 Industrial Buildings*: 33 million square feet. 550 Projects Under Way (to be completed in 2004)*: New Construction, 2 million square feet. This full-service real estate firm has offices in 22 U.S. cities and manages over 760 properties, totaling 115.9 million square feet of space. Transwestern specializes in corporate advisory, investment services, development, research, property/facilities management, and leasing services for office, healthcare, industrial, multi-family, and retail projects. Pinnacle Realty Management Co. (96.5)
Seattle, WA(206) 215-9700www.pinnaclerealty.comMulti-Family Housing: 80 million square feet (based on Buildings’ estimates of 800 square feet/unit). Other Commercial Buildings (office, retail, industrial): 16.5 million square feet. Pinnacle oversees a portfolio of apartment, office, industrial, and retail properties located in 42 states and 266 cities nationwide. The company is a recognized leader in affordable housing management and 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. Grubb & Ellis (65)Northbrook, IL(800) 877-9066www.grubb-ellis.comGrubb & Ellis operates in 30 countries worldwide, with more than 9,000 people employed in 200 offices. Property and facilities management services are offered in office, industrial, retail, hospitality, and multi-family spaces. From data centers to industrial complexes to corporate headquarters, Grubb & Ellis provides services for over 55 corporate clients, with more than 65 million square feet currently under management. Newmark & Co. Real Estate Inc. (58)New York, NY212-372-2000www.newmarkre.com340 Office Buildings*: 58 million square feet. Number of Professionals Involved Full-Time in Facilities*: 115. Newmark & Co. is one of the largest independent real estate firms in the United States. It provides comprehensive real estate services to many of the nation’s corporations, property owners, investors, and developers. Annually, the firm completes more than 15 million square feet of transactions, valued at nearly $4.5 billion in total consideration. Legacy Partners (55)Foster City, CA(650) 571-2200www.legacypartners.comOffering extensive tenant relations and retention programs, contract administration, accounting serv-ices, customized reporting, lease administration, cash management, and business planning services, Legacy Partners has a portfolio currently exceeding 55 million square feet. Heitman (50)Chicago, IL(312) 855-5700www.heitman.comHeitman is a multinational real estate investment management firm with clients in multi-family, hospitality, industrial, office, and retail spaces and entitled/non-entitled land throughout the continental United States and Hawaii. The company directly or indirectly manages more than 50 million square feet. Ontario Realty Corp. (50)Toronto, ON877-863-9672www.orc.on.caOntario Realty Corp. is one of Canada’s largest real estate management companies, with over 6,000 buildings representing some 50 million square feet of space. This company’s activities reach deeply into communities across Canada. 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. Highwoods Properties Inc. (41.7)
Raleigh, NC(866) 449-6637www.highwoods.comHighwoods manages 529 properties in office, industrial, and retail sectors, encompassing 41.7 million square feet. The company offers leasing, management, development, construction, and other tenant-related services, 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 1,255 acres of undeveloped land for future development.Urban Retail Properties Co. (40+)Chicago, IL(312) 915-2000www.urbanretail.comUrban Retail Properties’ portfolio of managed properties currently includes more than 40 million square feet of space in regional malls, community centers, mixed-use projects, office buildings, and government real estate in 24 states and the District of Columbia. Offering management, marketing, leasing, and development expertise, the company serves 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) 600-6000www.legumnorman.comLegum & Norman’s clients include condominiums, active adult communities, housing authorities, government entities, resorts, senior rental housing, and hotels. These clients represent more than 50,000 units of real estate (40 million square feet, based on Buildings’ estimates of 800 square feet/unit). This full-service company provides property management, maintenance, engineering, consulting, brokerage, and financial management services. U.S. Equities Realty (39)Chicago, IL312-456-7000www.usequities.comOffice Buildings*: 9.5 million square feet. Shopping Centers*: 300,000 square feet. Chain Stores*: 700,000 square feet. Educational Buildings*: 1 million square feet. Multi-Family Housing*: 1.1 million square feet. Government Buildings*: 19.7 million square feet. Other Commercial Buildings*: 6.7 million square feet. Number of Professionals Involved Full-Time in Facilities*: 280. This full-service real estate firm provides asset oversight, property and facility management, marketing and leasing, and strategic planning services to a diverse group of clients in the United States and South America. Charles Dunn Property Management Services (30+)Los Angeles, CA(213) 683-0500www.charlesdunn.comManaging more than 30 million square feet of space in office, industrial, retail, multi-family, and mixed-use properties, Charles Dunn offers property management, asset management, facilities management, receivership services, and long-range management plans. From small strip centers to major industrial parks, Charles Dunn provides clients with solutions to all property-related issues. Advantis/GVA (28)Atlanta, GA(404) 262-2828www.advantisgva.comOffice Buildings*: 20 million square feet. Shopping Centers*: 3 million square feet. Multi-Family Housing*: 100 units (80,000 square feet based on Buildings’ estimate of 800 square feet/unit). Industrial Buildings*: 5 million square feet. Number of Professionals Involved Full-Time in Facilities*: 176. Advantis/GVA provides leasing and landlord representation, tenant representation, corporate real estate services, investment services, property management, construction, and strategic consulting services to institutional and entrepreneurial real estate investors throughout the Southeast. Eugene Burger Management Corp. (25.9)Greenbrae, CA(415) 461-8660www.ebmc.com9 Office Buildings*: 182,000 square feet. 11 Shopping Centers*: 313,000 square feet. 1 Healthcare Building*: 40,000 square feet. 2 Hotel/Motel Buildings*: 21,600 square feet (72 units). 381 Multi-Family Housing*: 25.3 million square feet (31,677 units). 1 Industrial Building*: 76,000 square feet. Number of Professionals Involved Full-Time in Facilities*: 350. Projects Under Way (to be completed in 2004)*: Modernization, 25,000 square feet. GVA Williams (25)New York, NY(212) 716-3500www.gvawilliams.comApproximately 250 GVA Williams real estate professionals serve 200 buildings, totaling 25 million square feet of office, industrial, retail, and specialized space. Services include asset management, project management, and marketing/research. MB Real Estate (24)Chicago, IL(312) 726-1700www.mbres.comMB Real Estate manages a portfolio of more than 24 million square feet of commercial and institutional properties and corporate facilities, and has developed more than 7 million square feet of prominent office space. The company offers expertise in real estate development, asset/facilities management, investment sales and acquisitions, construction management, and more. It provides these services to corporations, institutions, pension funds, professional organizations, private investors, and non-profit agencies. Arden Realty Inc. (18.6)Los Angeles, CA(310) 966-2600www.ardenrealty.comOperating nearly 128 commercial properties (210 buildings and 18.6 million square feet) through 44 management offices, this company’s in-house operations include leasing, property/asset management, construction, development, and acquisition. Divaris Real Estate Inc.’s Property Management Group (18.5)Virginia Beach, VA(757) 497-2113www.divaris.com52 Office Buildings*: 5 million square feet. 92 Shopping Centers*: 11.5 million square feet. 22 Chain Stores*: 546,213 square feet. 14 Other Commercial Buildings (office, retail, industrial)*: 1.5 million square feet. Dollar Volume of Spending in 2004 Devoted/Estimated Toward Facilities*: $20 million. Number of Professionals Involved Full-Time in Facilities*: 41. Projects Under Way (to be completed in 2004)*: 120,000 square feet. With the goal of increasing property values (via proactive leasing, sales, redevelopment, and effective repositioning and adaptive use strategies), Divaris’ managed property portfolio has maintained occupancy rates 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. Prentiss Properties (18.5)Dallas, TX(214) 654-0886www.prentissproperties.comPrentiss features in-house expertise in acquisitions, development, facilities management, property management, and leasing. The company owns interests in 136 office and industrial properties with approximately 18.5 million square feet of net rentable square feet.* 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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