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Friday, Mar 29, 2024

The List: Property Management Firms

EXECUTIVE SUMMARY The List of the Largest Property Management Firms is ranked by total office and retail square footage being managed in the greater San Fernando Valley this year. These firms provide operational services to commercial and industrial real estate, including but not limited to leasing, representation, construction, analysis and consulting. The top 3 firms on this year’s List are Jones Lang LaSalle, CB Richard Ellis and Worthe Real Estate Group in the No. 1, 2, and 3 rankings, respectively. The companies featured here range from local to international firms. Of the 24 companies appearing on this year’s List, only half (12) of them have offices in the greater Valley area. – By Josh Dausch. THE PACESETTER Jones Lang LaSalle is the largest property management firm with 9.9 million square feet of office and retail space in the greater San Fernando Valley. Jones Lang LaSalle is a financial and professional services company headquartered in Chicago. The company started as a British firm, Jones Lang Wootton, in 1783. The name changed in 1968 when the company merged with American company, LaSalle Partners. Its major competitors in the real estate market are CB Richard Ellis and Cushman & Wakefield, both of which appear on the List. It is managed out of its Los Angeles office by Jan Pope, the Southern California Regional Market Director. – By Josh Dausch Download the 2011 SFV’s LARGEST COMMERCIAL PROPERTY MANAGEMENT FIRMS list (pdf)

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