🠈 CBRE 🠊
CBRE, Inc
CBRE is the world's largest real estate company and real estate investment firm.
The company was founded in San Francisco just after the 1906 earthquake as Tucker, Lynch & Coldwell. The company was renamed Coldwell Banker in 1940. The firm was acquired by Sears in 1981. Sears sold its real estate holdings in 1989.
- 1989: The company split from Sears and adopted the name CB Commercial
- 1995 CB Commercial acquired Westmark Realty Advisors for $37.5 million.
- 1996 CB Commercial acquired L.J. Melody & Co. for $15 million.
- 1996 CB Commercial held an IPO
- 1997 CB Commercial acquired Koll Real Estate Services for $145 million.
- 1998 CB Commercial merged with Richard Ellis International (REI) which traces its roots to London in 1773. The combined firm adopted the name CB Richard Ellis
- 1998 CB Richard Ellis acquired Hillier Parker May & Rowden for $69 million
- 1999 CB Richard Ellis acquired LirAntunez Propiedades SA based in Chile
- 2001 CB Richard Ellis was taken private by an investment group led by Blum Capital in an $800 million transaction.
- 2001-2004: Freeman Spogli invested in CBRE.
- 2003 CB Richard Ellis acquired Insignia Financial Group for $415 million in cash.
- 2004 CB Richard Ellis became a public company via a second IPO.
- 2006 the company acquired Trammell Crow Company for $2.2 billion.
- 2011 the company was acquired the real estate investment management business of ING Group for $940 million
- 2011 the company changed its name to CBRE Group Inc.
- 2016 CBRE acquired Skye Group.
- 2017 CBRE acquired technology companies Floored and Mainstream.
The web site lists several thousand properties. The site is not clear about which properties it owns outright or which it manages.
References:
- Wikipedia - CBRE Group (Drawn 12/28/2017)
- SEC - Freeman acquires CBRE (Drawn 1/4/2019)
Directory Listings:
- Phoenix Color - Commercial Realty: CBRE
- Pima County - Realty: CBRE
- Boulder Color - Realty: CBRE
- Colorado Springs Color - Commercial Realty: CBRE
- Denver Color - Commercial: CB Richard Ellis
- Fort Collins Color - Real Estate: CBRE
- Salt Lake Sites - Commercial Realty: CB Richard Ellis