2006 Buildings Census: Building Management Companies

Sept. 7, 2006
Firms that manage commercial/institutional/governmental facilities for other building owners

Follow our list of many of the leading industry players, with information specific to their operations, real estate holdings, and services. For ease of use, the Buildings Census is divided into five general categories: Building Ownership and Development (firms that develop, own, and/or manage properties); Building Management (third-party management firms that handle real estate properties for others); Corporate Real Estate (facilities departments within major corporations that handle the company’s real estate activities); Institutional Owners (facilities/physical plant departments responsible for the real estate needs of major healthcare and educational organizations); and Government Agencies (facilities/physical plant/support services departments responsible for the real estate needs of federal government-related agencies).    

While every attempt has been made to make The A List and the Buildings Census as complete and correct as possible, we cannot guarantee the accuracy of this online information.

**NOTE: Numbers in parentheses refer to square feet in millions. The asterisk indicates that information was provided directly to Buildings magazine.

CB Richard Ellis (1,060)
Los Angeles, CA
(213) 438-4880

Including partner and affiliate offices, CB Richard Ellis operates 356 offices in 58 countries with over 19,500 employees. Its property and corporate facilities under management total 1.06 billion square feet. In markets around the globe, CB Richard Ellis applies its insight, experience, intelligence, and resources to help clients make informed real estate decisions. 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 (1,017*)
Milwaukee, WI
(414) 524-4500

Office Buildings*: 187 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*: 170 million square feet. Industrial Buildings*: 176 million square feet. Number of Professionals Involved Full Time in Facilities*: 11,000. Projects in New Construction and/or Modernization (Completed in 2006)*: New Construction, $1.9 billion.

Jones Lang LaSalle (927)
Chicago, IL
(312) 782-5800

Serving clients locally, regionally, and globally from offices in more than 430 cities in 50 countries, Jones Lang LaSalle has approximately $34 billion in assets (927 million square feet) under management; it’s the world’s leading real estate services and money-management firm, committed to delivering exceptional strategic, fully integrated services for property owners, investors, and occupiers. With growth as a top priority, the organization has identified five strategic priorities for global growth (collectively known as the G5) that drive shareholder value, help clients succeed, and fuel long-term performance: 1) presence alone is not enough, 2) forge relationships with a shared vision, 3) ingenuity and opportunity, 4) foresight fuels solid investment, and 5) innovation is smart business.

EMCOR Facilities Services (900)
Norwalk, CT
(203) 849-7800

EMCOR Facilities Services manages more than 900 million square feet worldwide, from corporate campuses to single sites. With high-tech systems and the most rigid performance standards, EMCOR provides a range of services and support to mission-critical areas in the financial services, manufacturing, pharmaceutical, transportation, and government sectors. The organization (a division of EMCOR Group Inc.) operates from over 140 locations worldwide and installs/maintains the systems that breathe life into buildings.

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

UNICCO Service Co. provides services to 1,000 industrial, commercial, education, government, and retail clients in the United States and Canada. UNICCO’s long list of services includes HVAC maintenance, landscaping, lighting design and maintenance, engineering services, and plant operation. With over 55 years of facilities outsourcing experience (and an industry-leading, 95-percent customer retention rate), UNICCO is also committed to green services through its UNICCO GreenClean program. The organization maintains more than 700 million square feet of space.

Colliers Intl. (595.7)
Boston, MA
(617) 722-0221

Recently recognized as one 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’ 3,745 active agents/brokers have 595.7 million square feet under management. With 241 offices worldwide, Colliers is present in 54 countries on 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. (426.6*)
Dallas, TX
(214) 863-3000

Office Buildings*: 84.2 million square feet. Shopping Centers*: 15.4 million square feet. Other Commercial Buildings*: 216 million square feet. Industrial Buildings*: 111 million square feet. Number of Professionals Involved Full Time in Facilities*: 4,400. Trammell Crow has experts in more than 60 countries that specialize in office, industrial, retail, and mixed-use projects. As one of the largest diversified real estate services companies in the world, Trammell Crow provides brokerage, project-management, building-management, and development/investment solutions.

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

3,043 Office Buildings*: 335.4 million square feet. 20 Shopping Centers*: 4.5 million square feet. 3,968 Chain Stores*: 60 million square feet. 548 Industrial Buildings*: 21.5 million square feet. Number of Professionals Involved Full Time in Facilities*: 5,500. The Cushman & Wakefield approach helps clients turn fixed assets into dynamic assets, ready to make a significant contribution to overall corporate performance - regardless of the economy or business cycle. It offers unique services for its clients: banking, investment, multi-national corporations, retailing, development, manufacturing/distribution, and office occupancy.

The Staubach Co. (290)
Addison, TX
(800) 944-0012

The Staubach Co. is the market-leading global real estate advisory firm that delivers cost-effective solutions for the users of office, industrial, and retail space. It has extensive experience in strategic consulting, site selection, acquisition, disposition, construction consulting/project management, real estate administration, portfolio management, facility management, business and economic incentives, and financing and capital solutions. Its 1,300 professionals in 60 offices represent Staubach’s 2,400 clients. The organization completed 5,600 transactions totaling $21 billion and 290 million square feet during the fiscal year ending June 2005.

Sentry Management Inc. (240)
Longwood, FL
(407) 788-6700

A highly skilled, professional staff of more than 600 people acts as community managers, leasing agents, etc. for Sentry Management. Managing over 1,000 condominiums and homeowner associations comprised of over 300,000 homes (equaling 240 million square feet, based on Buildings’ estimates of 800 square feet/unit), Sentry is the largest community-management firm in Florida and the sixth-largest in the United States. To assure clients of the highest operating and financial standards in the industry, Sentry has been accredited as an AMO® (Accredited Management Organization) by the Chicago-based Institute of Real Estate Management.

Grubb & Ellis Co. (217)
Chicago, IL
(800) 877-9066

Grubb & Ellis operates in 31 states (plus Puerto Rico, Guatemala, and Mexico). In addition to property and facilities management services, clients also count on Grubb & Ellis for project/construction management, business/fulfillment services, lease administration, engineering services, energy management, call-center support, emergency-preparedness planning, and consulting services. Currently managing 217 million square feet of space, this full-service organization offers customized programs that focus on cost-efficient operations and tenant retention.

Transwestern Commercial Services (167)
Houston, TX
(713) 270-7700

For 3 consecutive years, Transwestern has been recognized by the U.S. Environmental Protection Agency (as an ENERGY STAR® Partner of the Year in 2004 and 2005, and as a Sustained Excellence Partner in 2006 for its contribution to reducing greenhouse-gas emissions via energy management). Embracing the ENERGY STAR benchmarking program in 2002 as an additional way to reduce operating costs, Transwestern has significantly reduced its energy consumption. Its 1,400 team members represent over 250 corporate, institutional, and private-equity clients. Transwestern specializes in project leasing, property/facility management, tenant advisory, investment and finance, healthcare advisory, development, and research. The organization oversees the leasing and management of over 740 properties representing more than 167 million square feet.

PM Realty Group (150)
Houston, TX
(713) 209-5800

PM Realty Group is a privately held real estate firm of more than 1,300 employees and 20 divisional and regional offices that conduct business in every major state. With more than 50 years of experience, the organization provides services to a 150 million-square-foot portfolio valued at more than $25 billion. The firm’s client base includes institutional and private investors, real estate investment trusts, government agencies, corporations, and healthcare-service providers. Focusing on creating value for its clients, PM Realty Group offers a full spectrum of real estate services, including property/facility management, leasing, marketing, investment sales, construction management, and engineering.

Pinnacle Realty Management Co. (122.3)
Seattle, WA
(206) 215-9700

Multi-Family Housing: 105.6 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 266 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 principles: quality people, strong customer service, solid market knowledge, and superior systems/support capabilities.

ING Clarion (113*)
New York, NY
(212) 883-2500

ING Clarion provides a broad array of public and private-market real estate advisory and management services to institutional investors, including U.S. pension funds, foundations and endowments, as well as international investors. Its ING Clarion Real Estate Securities LP division is an investment-management firm specializing in the management of equity real estate securities. 79 Office Buildings*: 22.2 million square feet. 30 Shopping Centers*: 32.5 million square feet. 31 Multi-Family Housing Buildings*: 7.2 million square feet. 162 Industrial Buildings*: 51 million square feet. Number of Professionals Involved Full Time in Facilities*: 437.

Brookfield LePage Johnson Controls (81.1*)
Markham, ON, Canada
(905) 943-4100

161 Office Buildings*: 13 million square feet. 112 Shopping Centers*: 15.6 million square feet. 4,840 Chain Stores*: 10.6 million square feet. 3 Educational Buildings*: 535,000 square feet. 15 Healthcare Buildings*: 1.2 million square feet. 3,001 Government Buildings*: 20.8 million square feet. 3,475 Other Commercial Buildings*: 19.4 million square feet. Dollar Volume of Spending in 2006 Devoted/Estimated Toward Facilities*: Capital, $119 million; Operational, $291 million. Number of Professionals Involved Full Time in Facilities*: 1,100.

Gale GFS (Div. Mack-Cali) (56.1*)
Florham Park, NJ
(973) 301-9500

885 Office Buildings*: 54 million square feet. Shopping Centers*: 2.1 million square feet. Dollar Volume of Spending in 2006 Devoted/Estimated Toward Facilities*: Capital, $8.5 million; Operational, $225 million. Number of Professionals Involved Full Time in Facilities*: 280. Gale GFS is ISO-certified and offers a full range of services. Its main focus includes facility management, office services, project management, contract management, employee leasing, and lease administration.

Newmark Knight Frank (50)
New York, NY
(212) 372-2000

In 2006, Newmark | Global Real Estate Advisors partnered with London-headquartered Knight Frank, creating Newmark Knight Frank - one of the largest independent, full-service real estate firms with global capabilities. The organization offers a full-service platform for corporate or institutional and multi-national or local clients. From its roots in brokerage, it has added an array of complementary services, each of which has been strategically developed to provide a client-focused and comprehensive resource. In addition to representing major institutions, corporations, and property owners in transactions, Newmark Knight Frank provides extensive consulting and management services, including financial services, property/asset management, construction services, project management and logistics, due diligence, and valuation services. It operates in over 140 offices on six continents. Last year, it completed transactions valued at over $41 billion, with revenues exceeding $545 million. With a staff of 4,500, Newmark Knight Frank has created an effective global platform from which to serve the property needs of its growing list of clients. Newmark Knight Frank currently serves as leasing agent and/or property manager for 50 million square feet of commercial space in the United States.

Ontario Realty Corp. (50)
Toronto, ON, Canada
(877) 863-9672

Ontario 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 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.

Legum & Norman Inc. (48)
Alexandria, VA
(703) 600-6000

Now in its 61st year of operation, its clients (condominiums, cooperatives, 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) represent more than 60,000 units of all types of real estate, including high-rise, mid-rise, low-rise, and garden-style buildings (48 million square feet, based on Buildings’ estimates of 800 square feet/unit).

Urban Retail Properties Co. (40)
Chicago, IL
(312) 915-2000

Urban Retail is an independently, privately held company and the developer of over 75 domestic and international premier 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 40 million square feet of space in 18 states and the District of Columbia. Urban Retail has 11 specialized departments that work together on each managed property - the services can be tailored individually or combined to meet the specific needs as required by the client.

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

Since its inception, U.S. Equities 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 40 million square feet in retail, commercial, and industrial space. Its four business groups include asset management and leasing services, development/program management services, investment and financial services, and real estate consulting services.

GVA Advantis (30)
Atlanta, GA
(404) 262-2828

GVA Advantis 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. Today, GVA Advantis is a regional powerhouse with a management portfolio (including office, industrial, and retail properties) that exceeds 30 million square feet.

Mid-America Real Estate Group (28)
Oakbrook Terrace, IL
(630) 954-7300

arning recognition as the Midwest’s leading full-service retail real estate organization, Mid-America Real Estate Group is focused on its clients’ specific needs. Founded in 1984, the organization represents over 100 tenants (both national and regional), is one of the largest third-party shopping-center management firms (leasing/managing over 28 million square feet), and has exceeded $2 billion in investment sales.

Charles Dunn Co. (24)
Los Angeles, CA
(213) 683-0500

Recognized 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.

GVA Williams (20)
New York, NY
(212) 716-3500

Faced with the growing demand for the cost-effective, efficient maintenance and control of properties and construction projects, GVA has assembled an array of service lines and industry-leading personnel for its clients. The organization manages a regional portfolio of over 100 properties comprised of over 20 million square feet for both individual and corporate clients. Bringing a combination of intellectual capital, organizational strength, and innovative technological expertise to every project, GVA Williams emphasizes process, accountability, communication, and strategy.

MB Real Estate (20)
Chicago, IL
(312) 726-1700

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. 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.

Carter Real Estate (18.6*)
Atlanta, GA
(404) 888-3000

39 Office Buildings*: 13.8 million square feet. 6 Shopping Centers*: 632,171 square feet. 2 Chain Stores*: 50,390 square feet. 1 Educational Building*: 275,000 square feet. 3 Healthcare Buildings*: 392,738 square feet. 7 Other Commercial Buildings*: 635,857 square feet. 14 Industrial Buildings*: 2.7 million square feet. Projects in New Construction and/or Modernization (Completed in 2006)*: New Construction, 939,500 square feet; Modernization: 4,500 square feet. Projects in New Construction and/or Modernization (Completed Beyond 2006)*: New Construction, 2.7 million square feet. Number of Professionals Involved Full Time in Facilities*: 214.

Meridian Management Corp. (16)
Ponte Vedra, FL
(904) 285-3400

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. Its focus on energy consumption provides clients with techniques and procedures that are linked to maximizing bottom-line profits. Its current portfolio includes office, training, and educational complexes exceeding 16 million square feet. It also has experience in managing sites classified as historic structures.

Arden Realty Inc. (14.5)
Los Angeles, CA
(310) 966-2600

In May 2006, Arden Realty was acquired by GE Real Estate; however, it will continue to operate under the Arden name. With GE Real Estate behind it, Arden Realty is positioned to grow to the next level. Operating 103 commercial properties consisting of 14.5 million square feet, this company’s in-house operations include leasing, property/asset management, construction, development, and acquisitions. Arden’s consulting arm, next>edge, provides real estate services to tenants and outside clients with an emphasis on energy-management services for all types of commercial facilities.

Manco Abbott Inc. (11.8)
Fresno, CA
(559) 435-1756

Managing 7 million square feet of commercial and retail space, and 4.8 million square feet of multi-family space (based on Buildings’ estimates of 800 square feet/unit), Manco Abbott provides value-added services 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.

Divaris Real Estate Inc. (11.1*)
Virginia Beach, VA
(757) 497-2113

47 Office Buildings*: 2.6 million square feet. 44 Shopping Centers*: 8.5 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2006)*: New Construction, 4.6 million square feet; Modernization, 1.9 million square feet. 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 on-going requirements of each client, devise the most appropriate strategy, and handle the negotiation and the execution of each assignment in a coordinated, organized, and effective manner.

Flournoy Properties (8)
Columbus, GA
(706) 324-4000

Beginning 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, based on 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.

Norris Beggs & Simpson Cos. (5)
Portland, OR
(503) 223-7181

Norris Beggs & Simpson’s experienced team develops management plans that are compatible with client’s 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. Managing each property as if the investment was the company’s own, its team has experience managing a variety of commercial properties, including office, industrial, retail, and multi-family. The team is also supported by the value-added services of property-management accounting and engineering services. Norris Beggs & Simpson’s current portfolio consists of more than 5 million square feet.

Akridge (4*)
Washington, D.C.
(202) 624-8606

23 Office Buildings*: 3 million square feet. 1 Shopping Center*: 1 million square feet. Projects in New Construction and/or Modernization (Completed Beyond 2006)*: New Construction, 170,000 square feet. Number of Professionals Involved Full Time in Facilities*: 160. In every aspect of commercial real estate development, construction, leasing, and management in the Washington, D.C. metropolitan region, Akridge exceeds every standard. With a range of services that includes all commercial real estate disciplines and top-level principals involved in every aspect on a daily basis, Akridge possesses the capabilities that today’s real estate challenges demand.

Eugene Burger Management Corp. (1.4*)
Rohnert Park, CA
(707) 584-5123

10 Office Buildings*: 222,000 square feet. 14 Shopping Centers*: 625,000 square feet. 340 Multi-Family Housing Units*: 27,400 square feet. 2 Industrial Buildings*: 525,000 square feet. Number of Professionals Involved Full Time in Facilities*: 48. 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.

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