2015 Top Brokers
2015 Top Brokers
Commercial real estate brokerage firms continued to grow their bounties in 2014, bolstered by heavy leasing and investment sales volumes.
The majority of firms that reported data to NREI posted hefty year-over-year gains. CBRE Group continued to lead the way. It is the 12th consecutive year that CBRE has lead the industry in total transaction volume, although recent mergers and acquisitions could shift the playing field in next year’s list.
Since our list is based on 2014 volume, DTZ and Cushman & Wakefield’s numbers were not combined for this ranking. Cushman & Wakefield’s figures also do not include Massey Knakal’s 2014 volume.
DTZ’s numbers, however, do reflect its merger with Cassidy Turley.
Aside from the coming shakeout due to consolidation, many firms posted robust organic growth. CBRE’s figure, for example, jumped to $284.9 billion in 2014 up about 22 percent from $233.3 billion in 2013. The number is also nearly $100 billion greater than its 2012 figure of $189.9 billion.
The current second largest brokerage, JLL, also posted a healthy increase in transaction volume. Its figure of $189.7 billion represents a 17 percent increase from last year’s figure of $162.1 billion. It’s also more than $80 billion larger than its 2012 figure of $108.9 billion.
Newmark Grubb Knight Frank edged into third place in 2014 with $102.7 billion in deals—just ahead of Cushman & Wakefield’s volume of $100.8 billion. However, Cushman’s figure stands to jump dramatically. In recent mailings, Cushman has reported that it completed transactions valued at $191 billion in 2014.
Colliers International rounds out our top five. The firm posted $97.1 billion in transactions—a nearly 30 percent jump from last year’s number of $75.2 billion. Trailing close behind is Eastdil Secured at $91.5 billion. Eastdil saw its figure jump 48 percent over its 2014 volume.
To be ranked, firms filled out an online form that was distributed via email and publicized on our site and through our e-newsletters.
Brokers were asked to provide the total dollar value of leasing transactions and investment sales in the United States and globally in 2014. The totals were combined to determine the company’s ranking.
Firms were also asked to provide information on the number of brokers employed, revenues, total number of transactions completed and other information.
If you have issues regarding the ranking or additions to it, please do not hesitate to contact me at [email protected].
* TCN Worldwide and Savills Studley declined to provide numbers to this year’s ranking.
Click on a company name to view more details.
Rank | Company | Address | City | State | Zip | Phone | Website | Top Officers | Global Leasing Transaction Volume | Global Leasing Transactions | Global Investment Sales Volume | Global Investment Sales Transactions | Global Leasing Square Feet | U.S. Leasing Volume | U.S. Leasing Transactions | U.S. Investment Sales Volume | U.S. Investment Sales Transactions | U.S. Leasing Square Feet | Brokers Employed | 2014_revenue | Total Global Transaction Value | Total Global Transactions | Total Value of U.S. Transactions | Total U.S. Transactions | Property Types | Regions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | CBRE Group | 400 South Hope St. | Los Angeles | CA | 90071 | 213.613.3333 | Bob Sulentic, President & CEO; Jim Groch, CFO; Mike J. Lafitte, COO | $108,000,000,000.00 | 60 | $176,900,000,000 | 20,975 | $82,900,000,000 | 42,175 | $92,700,000,000 | 8,225 | $9,000,000,000 | $284,900,000,000 | 80,975 | $175,600,000,000 | 50,4 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||||
2 | JLL | 200 East Randolph | Chicago | IL | 60611 | 312.228.3943 | Colin Dyer, President & CEO; Christie Kelly, CFO ; Gregory O'Brien, CEO, Americas | $65,000,000,000.00 | 25,7 | $124,700,000,000 | 2,4 | 964,000,000 | $48,400,000,000 | 21,3 | $44,200,000,000 | 1 | 756,000,000 | $5,429,000,000 | $189,700,000,000 | 28,1 | $92,600,000,000 | 22,3 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||
3 | Newmark Grubb Knight Frank | 125 Park Ave. | New York | NY | 10017 | 212.372.2000 | Barry M. Gosin, CEO; James D. Kuhn, President; Jeffery R. Gural | $102,670,600,890 | ||||||||||||||||||
4 | Cushman & Wakefield | 1290 Avenue of the Americas | New York | NY | 10104 | 212.841.7500 | John Elkann, Global Chairman; Ed Forst, Global CEO; John Santora, CEO, North America | $36,864,134,760.00 | 33,294 | $63,935,469,317 | 1,981 | 538,029,721 | $30,841,245,674 | 12,031 | $25,096,925,000 | 686 | 209,584,758 | 16 | $1,260,172,765 | $100,799,604,077 | 35,275 | $55,938,170,674 | 12,717 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |
5 | Colliers International | 601 Union St., Ste. 4800 | Seattle | WA | 98101 | 206.695.4200 | Jay Hennick, Chairman & CEO; Dylan Taylor, President & COO; John Friedrichsen, CFO | $30,200,000,000.00 | 49,568 | $66,900,000,000 | 35,035 | 579,887,834 | $15,700,000,000 | 19,709 | $14,900,000,000 | 6,737 | 284,687,963 | 5,7 | $2,300,000,000 | $97,100,000,000 | 84,603 | $30,600,000,000 | 26,446 | Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |
6 | Eastdil Secured | 40 West 57th St. | New York | NY | 10019 | 212.315.7200 | Benjamin Lambert, Chairman; Roy March, CEO; Michael Van Konynenburg, President | $91,500,000,000 | 329 | $82,800,000,000 | 318 | $91,500,000,000 | 329 | $82,800,000,000 | 318 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||||||||
7 | DTZ | 77 West Wacker Dr., 18th Fl. | Chicago | IL | 60601 | 312.424.8000 | Brett White, Executive Chairman; Tod Lickerman, Global CEO; Joseph Stettinius Jr., Chief Executive, Americas | $33,500,000,000.00 | 26,267 | $30,100,000,000 | $19,600,000,000 | 15,516 | $13,000,000,000 | 2,077 | 2,32 | $2,900,000,000 | $63,600,000,000 | 26,269 | $32,600,000,000 | 17,593 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||||
8 | iCORE Global | 111 Congress Ave., Ste. 400 | Austin | TX | 78701 | 512.782.9701 | Samantha Mueting, Managing Director & CEO; Jos de Laat , COO; Dan Summers, Chief Strategies Officier | $27,000,000,000.00 | $35,000,000,000 | $5,500,000,000 | $62,000,000,000 | Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||||||||||||
9 | Marcus & Millichap | 23975 Park Sorento, Ste. 400 | Calabasas | CA | 91302 | 818.212.2250 | John Kerin, President & CEO; Hessam Nadji, Sr. EVP; Marty Louie, SVP & CFO | $33,100,000,000 | 7,667 | $33,030,000,000 | 7,625 | 1,494 | $33,100,000,000 | $33,100,000,000 | 7,667 | $33,030,000,000 | 7,625 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||||||
10 | HFF | 9 Greenway Plaza, Ste. 700 | Houston | TX | 77046 | 713.852.3500 | Mark D. Gibson, Executive Managing Director; Joe B. Thornton, Jr., Executive Managing Director; , | - | - | $29,010,000,000 | 573 | - | - | $29,010,000,000 | 573 | - | 277 | $425,900,000 | $29,010,000,000 | 573 | $29,010,000,000 | 573 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||
11 | Core Network | One Columbus Center, Ste. 600 | va beach | VA | 23462 | 757.490.7871 | William Montrose, Chairman; Michael Divaris, Vice Chairman; Bruce Hecht, Treasurer | $16,105,605,090.00 | 9,576 | $5,555,885,000 | 238 | $16,105,605,090 | 9,576 | $5,555,885,000 | 238 | $21,661,490,090 | 9,814 | $21,661,490,090 | 9,814 | Industrial, Multifamily, Office, Retail | West, Midwest, South, East | |||||
12 | NAI Global | 717 Fifth Ave., 12th Flr | New York | NY | 10022 | 212.405.2500 | Jay Olshonsky, President; Bobbi Jean Formosa , EVP, Operations; Jim Crismale , EVP, Finance & Controller | $6,370,267,231.00 | 23,896 | $7,432,843,204 | 4,374 | $6,143,045,272 | 15,871 | $7,047,678,891 | 4,084 | 6,7 | $616,143,873 | $13,803,110,435 | 28,27 | $13,190,724,163 | 19,955 | Seniors Housing, Hotel, Industrial, Multifamily, Retail | International, West, Midwest, South, East | |||
13 | Avison Young | One South Wacker Dr. Ste. 3000 | Chicago | IL | 60606 | 312.957.7600 | Mark E. Rose, Chairman & CEO; Gary Hubbard, CFO & COO; Earl E. Webb, President, U.S. Operations | $5,806,000,000.00 | 5,209 | $4,982,000,000 | 901 | 59,500,000 | $3,619,000,000 | 3,277 | $3,225,000,000 | 537 | 37,500,000 | 750 | $10,788,000,000 | 6,11 | $6,844,000,000 | 3,814 | Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||
14 | Lee Associates | 1004 W. Taft Ave. | Orange | CA | 92865 | 714.564.7156 | Jeffrey Rinkov, CEO; Nathan Anderson, Chairman of the Board of Directors; Dick Bryant, Chairman of the Board | $4,000,000,000.00 | 8,5 | $6,000,000,000 | 2,8 | 302,000,000 | $4,000,000,000 | 8,5 | $6,000,000,000 | 2,22 | 302,000,000 | $10,000,000,000 | 11,3 | $10,000,000,000 | 10,72 | Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | West, Midwest, South, East | |||
15 | RE/MAX Commercial | 5075 S Syracuse St. | Denver | CO | 80237 | 303.770.5531 | Dave Liniger, CEO; Geoff Lewis, President; Mike Reagan, SVP, Commercial | $9,778,212,464 | 27,657 | $5,097,696,895 | 12,668 | $9,778,212,464 | 27,657 | $5,097,696,895 | 12,668 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||||||||
16 | Sperry Van Ness International | 470 Atlantic Ave., 4th Fl. | Boston | MA | 2210 | 888.311.0605 | Kevin Maggiacomo, President & CEO; Diane Danielson, COO; George Slusser, Chief Growth Officer | $3,458,000,000.00 | $5,642,000,000 | $3,458,000,000 | 4,2 | $5,642,000,000 | 3,7 | 1,3 | $9,100,000,000 | $9,100,000,000 | 7,9 | Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||||||
17 | Coldwell Banker Commercial | 175 Park Ave. | Madison | NJ | 7940 | 800.222.2162 | Fred Schmidt, President & COO; Bill Hinson, SVP, Business Development; Jason Silfes, VP, Marketing | $2,201,496,247.00 | 7,829 | $6,636,220,775 | 7,628 | 126,676,966 | $2,186,645,782 | 7,765 | $6,468,822,311 | 7,304 | 126,404,229 | $8,837,717,022 | 15,457 | $8,655,468,093 | 15,069 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | |||
18 | PM Realty Group | 1000 Main St., Ste. 2400 | Houston | TX | 77002 | 713.209.5800 | Rick Kirk, Chairman & CEO; Jimmy Gunn, President, Property Services; Roger Gregory, President, Investment Services | $7,056,710,691.00 | 2,124 | $281,532,565 | 14 | 5,695,729 | $7,056,710,691 | 2,124 | $281,532,565 | 14 | 5,695,729 | 31 | $7,338,243,256 | 2,138 | $7,338,243,256 | 2,138 | Industrial, Multifamily, Office, Retail | West, South, East | ||
19 | Transwestern | 1900 West Loop S. | Houston | TX | 77027 | 713.270.7700 | Robert Duncan, Chairman; Larry P. Heard, President & CEO; Chip Clarke, President, Americas | $3,561,088,759.00 | 5,064 | $3,273,266,346 | 464 | 54,111,598 | $3,561,088,759 | 5,064 | $3,273,266,346 | 464 | 54,111,598 | 470 | $6,834,355,105 | 5,528 | $6,834,355,105 | 5,528 | Industrial, Multifamily, Office, Retail | West, Midwest, South, East | ||
20 | KW Commercial | 1221 South Mopac Expry | Austin | TX | 78746 | 512.327.3070 | Chris Heller, CEO; John Davis, President; Jim Talbot, COO | $566,000,000.00 | 2,976 | $3,920,000,000 | 5,329 | $552,000,000 | 1,379 | $3,830,000,000 | 6,734 | 1,5 | $4,486,000,000 | 8,305 | $4,382,000,000 | 8,113 | Student Housing, Seniors Housing, Hotel, Industrial, Multifamily, Office, Retail | International, West, Midwest, South, East | ||||
21 | Stan Johnson Company | 6120 S Yale Ave, Ste. 813 | Tulsa | OK | 74136 | 918.494.2690 | Stan Johnson, President & CEO; Jeffrey W. Cox, COO; Harold Briggs, EMD | $3,200,000,000 | 443 | $3,200,000,000 | 443 | 61 | $3,200,000,000 | 443 | $3,200,000,000 | 443 | Student Housing, Industrial, Office, Retail | West, Midwest, South, East | ||||||||
22 | Kidder Mathews | 601 Union Street, Suite 4720 | Seattle | WA | 98101 | 206.296.9600 | Jeff Lyon, Chairman & CEO; Gordon Buchan, CFO & COO; Brian Hatcher, EVP, Brokerage | $1,379,974,358.00 | 2,015 | $1,779,070,379 | 436 | 31,258,937 | $1,379,974,358 | 2,015 | $1,779,070,379 | 436 | 31,258,937 | 204 | $97,847,794 | $3,159,044,737 | 2,451 | $3,159,044,737 | 2,451 | Hotel, Industrial, Multifamily, Office, Retail | West | |
23 | Rosewood Realty | 38 E. 29th St. | New York | NY | 10016 | 212.359.9900 | Aaron Jungreis, President & Founder; David Berger, VP & Co-founder; Michael Guttman, VP | $2,000,000,000 | $2,000,000,000 | $2,000,000,000 | $2,000,000,000 | Hotel, Industrial, Multifamily, Office, Retail | East | |||||||||||||
24 | SRS Real Estate Partners | 8343 Douglas Ave., Ste. 200 | Dallas | TX | 75225 | 214.560.3200 | Chris Maguire, CEO; Steve Dawkins, COO; Jimmy Dockal, CFO | $1,239,410,827.00 | 757 | $233,203,852 | 33 | 8,243,974 | $1,239,410,827 | 757 | $233,203,852 | 33 | 8,243,974 | $1,472,614,679 | 790 | $1,472,614,679 | 790 | Retail | International, West, Midwest, South, East | |||
25 | HREC Investment Advisors | 6400 S Fiddlers Green Cir, Suite 1730 | Greenwood Village | CO | 80111 | 303.267.0057 | Geoffrey Davis, President & Senior Principal; Scott Stephens, COO and Senior Principal; Mike Cahill, CEO | - | $1,350,000,000 | 70 | - | - | $1,350,000,000 | 70 | - | 22 | $1,350,000,000 | 70 | $1,350,000,000 | 70 | Hotel | International, West, Midwest, South, East | ||||
26 | Capital Pacific | 180 Montgomery Street, Suite 1250 | San Francisco | CA | 94104 | 415.274.2700 | Chris Kostanecki, Managing Partner; Zeb Ripple, Managing Partner; Michael Horwitz, Managing Partner | $1,038,666,979 | 224 | $1,038,666,979 | 224 | 19 | $1,038,666,979 | 224 | $1,038,666,979 | 224 | Retail | West, Midwest, South, East | ||||||||
27 | Hanley Investment Group | 3500 E. Coast Highway, Ste. 100 | Corona del Mar | CA | 92625 | 949.585.7610 | Ed Hanley, President; Eric Wohl, EVP | $465,000,000 | 82 | 2,800,000 | $465,000,000 | 82 | 2,800,000 | 8 | $465,000,000 | 82 | $465,000,000 | 82 | Retail | International | ||||||
28 | Pinnacle Real Estate Advisors | 1 Broadway Ste. 300A | Denver | CO | 80203 | 303.962.9555 | Matt Ritter, Principal ; Jeff Johnson , Principal | $365,780,130 | 104 | $327,061,152 | 203 | 368,235 | $365,780,130 | $327,061,152 | 307 | Industrial, Multifamily, Office, Retail | West | |||||||||
29 | Paramount Lodging Advisors | 939 West North Ave., Ste. 750 | Chicago | IL | 60642 | 312.239.0166 | Daniel Beider, Chairman & Senior Managing Director; Scott Griemsmann, Senior Managing Director; Josh Williams, Senior Managing Director | $325,000,000 | 35 | $325,000,000 | 35 | $325,000,000 | 35 | $325,000,000 | 35 | Hotel | West, Midwest, South, East | |||||||||
30 | Matthews Retail Group | 841 Apollo St. Ste. 150 | El Segundo | CA | 90245 | 866.889.0550 | Kyle Matthews, Chairman & CEO; Patrick Toomey, Managing Partner; Chad Kurz, Managing Partner | $283,029,150 | 118 | $283,029,150 | 118 | 16 | $283,029,150 | 118 | $283,029,150 | 118 | Retail | International, West, Midwest, South, East |