85.7 F
San Fernando
Friday, Mar 29, 2024

EXECUTIVE SUMMARY / THE PACESETTER – Commercial Real Estate Brokerages

EXECUTIVE SUMMARY The Commercial Real Estate Brokerage Firms List is ranked by the total value of deals (sales and leases) in the greater San Fernando Valley area in 2010. Among the top 3 firms from last year’s List, Lee & Associates rose from No. 3 to No. 2 this year with $252 million in growth. Delphi Business Properties, Inc. also had a notable growth of $54 million in total value of deals when compared to 2009 figures. The largest firms from last year’s List saw slight decreases in the value of deals in 2010 from 2009. CB Richard Ellis continues to be the No. 1 ranked firm with not only the highest total value of deals but also the most local brokers. – By Josh Dausch THE PACESETTER This year’s no. 1 ranked commercial real estate brokerage firm is once again CB Richard Ellis with a total of $880 million in deals in 2010. This is down by 12% from $1 billion in deals in 2009. CB Richard Ellis has 72 local brokers with 1 local office in Universal City. It is a multinational real estate corporation that dates back to Richard Ellis International, Ltd. which was founded in London in 1773. Its presence in California goes back to the founding of Tucker, Lynch & Coldwell in San Francisco in 1906. The company has operated under its current name since 1998, following the merger of CB Commercial and Richard Ellis. – By Josh Dausch Download the 2011 SFV’s LARGEST COMMERCIAL REAL ESTATE BROKERAGE FIRMS list (pdf)

Featured Articles

Related Articles