2007 Buildings Census: Building Management

Sept. 1, 2007

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

Numbers in parenthesis refer to square feet in millions.CB Richard Ellis (1,734*)
Los Angeles, CA
(213) 438-4880
www.cbre.comOffice Buildings*: 585 million square feet. Retail Buildings*: 138 million square feet. Multi-Family Housing Buildings*: 19 million square feet. Other Commercial Buildings*: 591 million square feet. Industrial Buildings*: 401 million square feet. Number of Professionals Involved Full Time in Facilities*: 10,000. Including partner and affiliate offices, CB Richard Ellis operates over 400 offices in more than 60 countries. Every employee in every CB Richard Ellis office lives by its corporate mission: Put the client first; tailor services to the client’s needs; think innovatively, but act practically; help the client make informed business decisions; and deliver results.
Johnson Controls Inc. (1,651
*)
Milwaukee, WI
(414) 524-4000
www.johnsoncontrols.com20,253 Office Buildings*: 474.8 million square feet. 3,292 Shopping Centers*: 60.7 million square feet. 23,621 Chain Stores*: 242.7 million square feet. Educational Buildings*: 95 million square feet. Healthcare Buildings*: 67 million square feet. Government Buildings*: 170 million square feet. 4,399 Other Commercial Buildings*: 224.2 million square feet. 1,407 Industrial Buildings*: 316.5 million square feet. Projects in New Construction and/or Modernization (Completed in 2007)*: New Construction, 112 million square feet; Modernization, 261.4 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: New Construction, 16.8 million square feet; Modernization, 39.2 million square feet.
Jones Lang LaSalle (1,114
*)
Chicago, IL
(312) 782-5800
www.jll.com4,500 Office Buildings*: 904.6 million square feet. 95 Shopping Centers*: 45.1 million square feet. Other Commercial Buildings (Data Centers)*: 11 million square feet. Industrial Buildings*: 153.7 million square feet. Number of Professionals Involved Full Time in Facilities*: 13,000. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of over 1 billion square feet worldwide. In 2006, the firm completed capital market sales and acquisitions, debt financing, and equity placements on assets and portfolios valued at $70.9 billion.
EMCOR Group Inc. (1,000
*)
Norwalk, CT
(203) 849-7800
www.emcorgroup.comAll Buildings*: 1 billion square feet. Number of Professionals Involved Full Time in Facilities*: 7,000. EMCOR Facilities Services (EFS) manages more than 1 billion square feet worldwide, with experts working in more than 2,000 facilities in nearly every market. EFS experts manage ongoing facilities operations and also oversee expansion, reconfiguration, or renovation. From self performance to subcontracting, they cover the full range of facilities requirements and work with clients to help them develop the overall strategy for their facilities needs.
The Staubach Co. (835)
Addison, TX
(800) 944-0012
www.staubach.comThe Staubach Co. is a market-leading global real estate advisory firm that delivers cost-effective solutions for users of office, industrial, and retail space. The organization has extensive experience in strategic consulting, site selection, acquisition, disposition, construction counseling/project management, real estate administration, portfolio management, facility management, business and economic incentives, and financing and capital solutions. 1,400 people in more than 60 offices throughout North America represent Staubach’s 2,850 clients. The organization completed 6,750 transactions totaling $26 billion and 835 million square feet during the fiscal year ending June 2006.
UNICCO Service Co.
(701
*)
Newton, MA
(888) 751-9100
www.unicco.com3,348 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*: 1,200. With over 55 years of facilities outsourcing experience (and a 95-percent customer retention rate), UNICCO is also committed to green services through its UNICCO GreenClean program.
Colliers Intl. (672.9)
Boston, MA
(617) 722-0221
www.colliers.comOne of only three commercial real estate firms to be named a Global Outsourcing 100 Company from the Intl. Association of Outsourcing Professionals and Fortune magazine, Colliers’ 3,823 active agents have 672.9 million square feet under management. With 267 offices worldwide, Colliers is present in 57 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.
Cushman & Wakefield Inc. (464.9
*)
New York, NY
(212) 841-7500
www.cushwake.com14,071 Office Buildings*: 395.3 million square feet. 497 Shopping Centers*: 14 million square feet. 83 Healthcare Buildings*: 2.3 million square feet. 17 Multi-Family Housing Buildings*: 465,000 square feet. 331 Other Commercial Buildings*: 9.3 million square feet. 1,553 Industrial Buildings*: 43.6 million square feet. Dollar Volume of Spending in 2007 Devoted/Estimated Toward Facilities*: Capital, $300 million; Operational, $2.7 billion. Projects in New Construction and/or Modernization (Completed in 2007)*: New Construction (4 projects), 4 million square feet; Modernization (900 projects), 40 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: New Construction (20 projects), 20 million square feet. Number of Professionals Involved Full Time in Facilities*: 5,384.
Sentry Management Inc. (240)
Longwood, FL
(407) 788-6700
www.sentrymgt.comAs a full-service community management company, Sentry has a professional staff of over 600 people acting as community managers, leasing agents, etc. Managing over 1,000 condominiums and home­owner associations comprised of over 300,000 homes (equaling over 240 million square feet, based on Buildings’ estimates of 800 square feet/unit), Sentry is the largest community-management firm in Florida and the 6th-largest in the United States. Sentry has been accredited as an AMO® (Accredited Management Organization) by the Chicago-based Institute of Real Estate Management.
Grubb & Ellis Co. (218
*)
Chicago, IL
(800) 877-9066
www.grubb-ellis.comGrubb & Ellis operates in 31 states (plus Puerto Rico, Guatemala, and Mexico), overseeing headquarters, facilities, and Class-A office space for major corporations. Currently managing 218 million square feet of space, this organization offers customized programs that focus on cost-efficient operations and tenant retention. Grubb & Ellis also manages industrial, manufacturing, and warehousing facilities, as well as data centers, retail outlets, medical facilities, and multi-housing properties for real estate users and investors.
PM Realty Group (150.4
*)
Houston, TX
(713) 209-5800
www.pmrealtygroup.com507 Office Buildings*: 70.4 million square feet. 37 Shopping Centers*: 3.3 million square feet. 45 Healthcare Buildings*: 4.7 million square feet. 247 Other Commercial Buildings*: 64.8 million square feet. 65 Industrial Buildings*: 7.1 million square feet. Projects in New Construction and/or Modernization (Completed in 2007)*: New Construction, 200,000 square feet. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: New Construction, 3.5 million square feet. Number of Professionals Involved Full Time in Facilities*: 1,250.
GVA Advantis
(150)
Atlanta, GA
(404) 262-2828
www.advantisgva.comGVA Advantis is a full-service real estate firm that leases, manages, and sells office, industrial, retail, and other commercial real estate projects and sites. The company also provides construction, corporate real estate, and project management services. Headquartered in Atlanta, the company employs 500 people and has 12 regional offices throughout the Southeast and Mid-Atlantic. In its last report, GVA Advantis manages approximately 150 million square feet of property.
Pinnacle Realty Management Co. (128.7)
Seattle, WA
(206) 215-9700
www.pinnaclerealty.comMulti-Family Housing Buildings: 112 million square feet (based on Buildings’ estimates of 800 square feet/unit). Other Commercial Buildings: 16.7 million square feet. Pinnacle oversees a portfolio of apartment, office, industrial, and retail properties located in 42 states and 166 U.S. cities. The company is a recognized leader in affordable-housing management and is active in the privatization of military housing. Pinnacle is built on four basic principles: quality people, strong customer service, solid market knowledge, and superior systems and support capabilities.
Transwestern (121.3
*)
Houston, TX
(713) 270-7700
www.transwestern.net
371 Office Buildings
*: 94.2 million square feet. 35 Shopping Centers*: 4 million square feet. 162 Industrial Buildings*: 23.1 million square feet. Projects in New Construction and/or Modernization (Completed in 2007)*: New Construction, 2.5 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: 2.6 million square feet. Transwestern’s business model combines fully integrated services with investment opportunities and operates through six distinct functional lines of business: development, tenant advisory, investment services, agency leasing, property management, and research.
ING Clarion (113)
New York, NY
(212) 883-2500
www.ingclarion.comING Clarion provides a broad array of public and private real estate management and advisory services to institutional and individual investors. As of March 31, 2007, ING Clarion manages more than $48.3 billion in total assets under management and has nearly 600 associates located in major markets across the United States. ING Clarion is the U.S. investment management arm of ING Real Estate; together, ING Clarion and ING Real Estate have $126 billion in real estate assets under management, making ING the largest real estate investment manager in the world. According to information from 2006, ING Clarion manages approximately 113 million square feet of property.
Newmark Knight Frank (103.9
*)
New York, NY
(212) 372-2000
www.newmarkkf.com1,051 Office Buildings*: 98.5 million square feet. 4 Shopping Centers*: 4.4 million square feet. 30 Industrial Buildings*: 1 million square feet. Number of Professionals Involved Full Time in Facilities*: 1,400. Newmark Knight Frank is one of the largest independent real estate service firms in the world, providing comprehensive real estate solutions to many of the most prominent corporations, property owners, investors, and developers across the globe. Operating over 165 offices in markets on six continents, Newmark Knight Frank has a staff of 5,300 employees and completed transactions valued at over $37.3 billion last year. 
GE Real Estate (94)
Stamford, CT
(203) 961-5400
www.gerealestate.comGE Real Estate is one of the world’s largest and most diversified commercial real estate investors. Professionals in the global asset management services group provide comprehensive investment, disposition, and portfolio management for existing customers. Since 1992, the organization has successfully managed more than $13 billion of performing and distressed properties; more than 94 million square feet of office, retail, and industrial properties; and 42,000 multi-family units worldwide. 
Brookfield LePage Johnson Controls (78.6
*)
Markham, ON
(905) 943-4100
www.bljc.com161 Office Buildings*: 13 million square feet. 112 Shopping Centers*: 18 million square feet. 4,840 Chain Stores*: 10.6 million square feet. 3 Educational Buildings*: 535,000 square feet. 5 Healthcare Buildings*: 500,000 square feet. 3,001 Government Buildings*: 24 million square feet. 3,475 Other Commercial Buildings*: 12 million square feet. Dollar Volume of Spending in 2007 Devoted/Estimated Toward Facilities*: Capital, $119 million; Operational, $291 million. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: New Construction, 900,000 square feet. Number of Professionals Involved Full Time in Facilities*: 1,150.
Urban Retail Properties Co. (56)
Chicago, IL
(312) 915-2000
www.urbanretail.comUrban Retail is an independently, privately held company and the developer of over 75 domestic and international shopping destinations and mixed-use projects (including Water Tower Place and 900 North Michigan shops in Chicago, Copley Place in Boston, and the redevelopment of the Houston Galleria and Old Orchard Center in Skokie, IL). The organization is also the nation’s leading third-party real estate manager, with a portfolio of over 56 million square feet of space in 25 states and the District of Columbia. 
Ontario Realty Corp. (51)
Toronto, ON
(877) 863-9672
www.orc.on.ca
Ontario Realty Corp. manages one of Canada’s largest real estate portfolios. Managing over 6,000 buildings that represent more than 51 million square feet of space and 87,000 acres of land, the organization manages properties ranging from jails and detention centers to office space, courthouses, and heritage buildings. Ontario Realty Corp. manages both owned and leased spaces that extend through approximately 130 communities.
Legum & Norman Inc. (40)
Alexandria, VA
(703) 600-6000
www.legumnorman.comLegum & Norman’s clients include condominiums, homeowner associations, active-adult communities, housing authorities, planned-unit developments, mixed-use communities, multi-family rental communities, builders and developers, government entities, resorts, senior rental-housing communities, individual investors, and hotels. These clients represent more than 50,000 units in all types of real estate, including high-rise, mid-rise, low-rise, and garden-style buildings (40 million square feet, based on Buildings’ estimates of 800 square feet/unit).
Carter (28.9
*)
Atlanta, GA
(404) 888-3000
www.carterusa.com53 Office Buildings*: 15.4 million square feet. 5 Shopping Centers*: 330,188 square feet. Chain Stores*: 54,390 square feet. 2 Educational Buildings*: 275,000 square feet. 3 Healthcare Buildings*: 392,738 square feet. 33 Other Commercial Buildings*: 895,898 square feet. 31 Industrial Buildings*: 11.9 million square feet. Dollar Volume of Spending in 2007 Devoted/Estimated Toward Facilities*: Capital, $21.2 million; Operational, $95.3 million. Projects in New Construction and/or Modernization (Completed in 2007)*: New Construction (12 projects), 3.1 million square feet; Modernization (2 projects), 50,000 square feet. Number of Professionals Involved Full Time in Facilities*: 228. 
Mid-America Asset Management Inc. (26
*)
Oakbrook Terrace, IL
(630) 954-7300
www.midamericagrp.comShopping Centers*: 26 million square feet. Number of Professionals Involved Full Time in Facilities*: 60. Earning recognition as the Midwest’s leading full-service retail real estate organization, Mid-America Asset Management Inc. is focused on its clients’ special needs. Founded in 1984, the organization represents over 100 tenants (both national and regional), is one of the largest U.S. third-party shopping-center management firms (leasing/managing over 26 million square feet), and has exceeded $2 billion in investment sales.
Eugene Burger Management Corp. (24.1
*)
Rohnert Park, CA
(707) 584-5123
www.ebmc.com17 Office Buildings*: 468,000 square feet. 11 Shopping Centers*: 575,000 square feet. 305 Multi-Family Housing Buildings (24,662 units)*: 22.5 million square feet. 3 Industrial Buildings*: 578,000 square feet. Number of Professionals Involved Full Time in Facilities*: 46. Eugene Burger Management Corp. has created effective management programs for a wide variety of real estate holdings. Its primary methodology is to work closely with the client to form a better understanding of its property and its goals.
Charles Dunn Co. (24)
Los Angeles, CA
(213) 683-0500
www.charlesdunn.comRecognized as a West Coast leader in real estate asset services, Charles Dunn Co. has earned a reputation for excellence from a client base of individuals, financial institutions, and public agencies. Managing over 24 million square feet of office, industrial, retail, residential, and mixed-use properties for third-party clients, its firm enhances the value of clients’ real estate by minimizing operating costs and maintaining high occupancy levels. Its real estate management services are enhanced by state-of-the-art property management systems, using customizable, real-time, Web-based portfolio information to support the management of either a single property or an entire portfolio.
Meridian Management Corp. (20.7
*)
Ponte Vedra, FL
(904) 285-3400
www.meridianmgmt.com26 Educational Buildings*: 2.4 million square feet. 26 Government Buildings*: 12.3 million square feet. 4 Other Commercial Buildings*: 6 million square feet. Dollar Volume of Spending in 2007 Devoted/Estimated Toward Facilities*: Operational, $37 million. Number of Professionals Involved Full Time in Facilities*: 592. 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.
GVA Williams (20)
New York, NY
(212) 716-3500
www.gvawilliams.comHeadquartered in Midtown New York City, GVA Williams employs over 200 people, 130 of whom are involved in transaction-management activities (including licensed brokerage, financial services, research, and asset management). In the tri-state regional market alone, GVA Williams currently represents owners of approximately 20 million square feet of office space. Bringing a combination of intellectual capital, organizational strength, and innovative technological expertise to every project, GVA Williams emphasizes process, accountability, communication, and strategy. 
U.S. Equities Realty (20)
Chicago, IL
(312) 456-7000
www.usequities.comSince its inception, U.S. Equities Realty has been committed to providing the finest asset-management services possible. Fundamental to the company’s organization and the successful achievement of its asset-management programs is a dedicated, skilled group of management and marketing professionals who represent a dominant force in the marketplace. The management of high-traffic, mixed-use properties; high-profile office towers; and corporate facilities has been a cornerstone of U.S. Equities’ business. The organization provides commercial real estate brokerage, development, and management services to clients with nearly 20 million square feet in retail, commercial, and industrial space.
MB Real Estate (15.3
*)
Chicago, IL
(312) 726-1700
www.mbres.com17 Office Buildings*: 9.9 million square feet. 8 Government Buildings*: 3.5 million square feet. 1 Other Commercial Building*: 1 million square feet. 2 Industrial Buildings*: 856,588 square feet. Dollar Volume of Spending in 2007 Devoted/Estimated Toward Facilities*: Capital, $22.9 million; Operational, $99.3 million. Number of Professionals Involved Full Time in Facilities*: 120. MB Real Estate is a full-service real estate organization that offers expertise in asset management and leasing, corporate services/tenant advisory, development services, project services, investment services, and various other resources. 
Divaris Property Management Corp. (13
*)
Virginia Beach, VA
(757) 497-2113
www.divaris.com42 Office Buildings*: 2.6 million square feet. 53 Shopping Centers*: 8.5 million square feet. 3 Other Commercial Buildings*: 1.9 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2007)*: New Construction, 2.1 million square feet. Number of Professionals Involved Full Time in Facilities*: 39. The primary distinguishing feature of Divaris is its hands-on, creative approach to real estate. The organization’s philosophy is to work in teams, each of which is headed by a principal. Specialized teams review the ongoing requirements of each client, devise the most appropriate strategy, and handle the negotiation and execution of each assignment in a coordinated, organized, and effective manner.
Manco Abbott Inc. (9.9
*)
Fresno, CA
(559) 435-1756
www.mancoabbott.com53 Office Buildings*: 2.1 million square feet. 79 Shopping Centers*: 4.5 million square feet. 32 Multi-Family Housing Buildings*: 3.3 million square feet. Number of Professionals Involved Full Time in Facilities*: 57. Manco Abbott is the largest real estate management firm serving Central California. The company is headquartered in Fresno, CA, and has a branch office in Monterey, CA. Manco Abbott is a California State Licensed Real Estate Corp. and the leading Accredited Management Organization (AMO®) in the Central Valley.
Flournoy Properties (8)
Columbus, GA
(706) 324-4000
www.flournoyproperties.comBeginning in 1971 by managing 285 multi-family units in Georgia, Flournoy Properties has expanded throughout the Southeast and Midwest. Now managing over 10,000 units (equaling 8 million square feet, according to Buildings’ estimates of 800 square feet/unit), its team of long-tenured, experienced, and dedicated professionals has a proven track record for managing and maintaining profitable communities. Its commitment to people, quality, and service drives performance.
NAI Norris, Beggs & Simpson Co.
(7.7
*)
Portland, OR
(503) 223-7181
www.nai-nbs.comOffice Buildings*: 1.9 million square feet. Retail Buildings*: 1.4 million square feet. Multi-Family Housing Buildings*: 42,951 square feet. Other Commercial Buildings*: 209,099 square feet. Industrial Buildings*: 4.1 million square feet. Number of Professionals Involved Full Time in Facilities*: 52. Norris, Beggs & Simpson’s experienced team develops management plans that are compatible with clients’ long-range goals. Overseeing the fiscal and physical health of each property, developing relationships with each tenant, and supervising marketing campaigns, the organization’s property managers ensure that work is done in an efficient manner.
* 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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