2024 Top 25
COMMERCIAL REAL ESTATE
LIPSEY’S
BRAND SURVEY
Presented by
THE LIPSEY COMPANY
International Leader in Training &
Consulting for the Commercial
Real Estate Industry
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
2
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
01
02
02
03
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company
headquartered in Dallas, is the world’s largest commercial real estate
services and investment firm (based on 2023 revenue). The company has
more than 130,000 employees (including Turner & Townsend employees)
serving clients in more than 100 countries. CBRE serves a diverse range of
clients with an integrated suite of services, including facilities, transaction
and project management; property management; investment
management; appraisal and valuation; property leasing; strategic
consulting; property sales; mortgage services and development services.
JLL is a world-leader in real estate services with a unique blend of global
presence and local expertise. A fortune 500 company, with an annual
revenue of $20.9 billion and over 100,000 employees operating in over 80
countries. JLL sees the built environment as a powerful medium with which
to change the world for the better. By combining innovative technology
and data intelligence with world-renowned expertise, JLL are able to
unveil untapped opportunities to create a brighter future for all. They help
buy, build, occupy and invest in a variety of assets including industrial,
commercial, retail, residential and hotel real estate. From tech startups to
global firms, clients span industries including banking, energy, healthcare,
law, life sciences, manufacturing, and technology.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real
estate services firm for property owners and occupiers with approximately
52,000 employees in nearly 400 offices and 60 countries. The company
offers a comprehensive offering of services including property, facilities
and project management, leasing, capital markets, and valuation and
other services. It also receives numerous industry and business accolades
for its award-winning culture and commitment to Diversity, Equity and
Inclusion (DEI), Environmental, Social and Governance (ESG) and more.
Colliers is a leading diversified professional services and investment
management company. With operations in 66 countries, our 19,000
enterprising professionals work collaboratively to provide expert real estate
and investment advice to clients. For more than 29 years, our experienced
leadership with significant inside ownership has delivered compound
annual investment returns of approximately 20% for shareholders. With
annual revenues of $4.3 billion and $98 billion of assets under management,
Colliers maximizes the potential of property and real assets to accelerate
the success of our clients, our investors, and our people.
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
3
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
Avison Young is built on the belief that commercial real estate isn’t just about the buildings
and the square footage and the occupancies. At its best it’s about spaces and places that
improve lives and help businesses thrive; for the employees, citizens and communities
that make impact matter. We strive to be real estate at its best, helping people be more
productive, prosperous and positive. Founded in 1978 to create a more accountable and
nimble real estate company, with legacies dating back more than 200 years, we will never
outgrow our values of putting people first in every choice we make. Our purpose is to create
net economic, social and environmental gain for our clients and in the communities in
which we work.
Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers
and our communities, we develop modern, high-quality properties that set the standard for
innovative building design and sustainability. Prologis owns or has investments in properties
and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the
world’s GDP. Beyond real estate, our Essentials platform optimizes the company’s global asset
portfolio to provide our customers solutions that address today’s warehouse and shipping
challenges. Prologis Ventures invests in logistics innovation and technology companies to
modernize supply chains worldwide.
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are
leaders in their local markets and work in unison to provide clients with exceptional solutions
to their commercial real estate needs. NAI Global has more than 325 offices strategically
located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over
5,800 local market professionals, managing in excess of 1.1 billion square feet of property and
facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate
transactions throughout the world.
Lee & Associates offers an array of real estate services tailored to meet the needs of the
company’s clients, including commercial real estate brokerage, integrated services, and
construction services. Established in 1979, Lee & Associates is now an international firm with
75+ offices throughout the United States and Canada. Our professionals regularly collaborate
to tmake sure they are providing their clients with the most advanced, up-to-date market
technology and information.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a leading
advisor and service provider to large institutional investors, global corporations and other
owners and occupiers of commercial real estate. We offer a diverse array of integrated
services and products designed to meet the full needs of our clients.
04
05
06
07
08
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
4
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
Blackstone is the world’s largest alternative asset manager, with $1 trillion in AUM. We serve
institutional and individual investors by building strong businesses that deliver lasting value. Our
scale – with ~12,500 real estate assets(1) and 230+ portfolio companies(1) – enables us to invest
in dynamic sectors positioned for long-term growth.
Marcus & Millichap is a leading firm specializing in commercial real estate sales, financing,
research and advisory services. Our firm has the largest team of investment specialists in the
industry, dedicated to meeting the diverse needs of private and major/institutional investors
throughout the United States and Canada.
Trammell Crow Company – TCC provides a full range of development and investment services
to commercial real estate occupiers and investors. We employ over 600 diverse professionals
who work with local communities to develop vibrant, sustainable buildings aimed at improving
neighborhoods and driving economic vitality. Founded in 1948, the firm has developed or
acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of
September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline.
Kidder Matthews – For over 50 years, our clients have gotten the best of both worlds —
independent counsel from trusted experts, working as part of the largest privately held
commercial real estate firm on the West Coast. Today Kidder Mathews has over 900 real estate
professionals and staff in 19 offices in Washington, Oregon, California, Nevada, and Arizona. We
offer a complete range of brokerage, asset services, valuation advisory, consulting, and debt &
equity finance services for all property types.
Savills – Founded in the UK in 1855, Savills is a global real estate services provider with a network
of more than 40,000 people in over 700 offices across the Americas, Europe, Asia Pacific, Africa
and the Middle East. A FTSE 250 company (LON: SVS) headquartered in London, Savills advises
corporate, institutional and private clients who are seeking to acquire, lease, develop or realize
the value of residential and commercial property in the world’s key locations.
Coldwell Banker Commercial is a real estate leader that spans 39 countries with more than
3,100 affiliated professionals who are all dedicated to one thing – providing you with exceptional
service. Wherever you’re located, we’ll find creative solutions for your real estate needs. Our
117-year legacy of honesty, integrity and excellent service means we will treat your business
objectives as our own. Our skilled advisors will help you solve business challenges, grow your
business and identify new opportunities.
10
11
12
13
14
15
Simon Property Group Simon is a global leader in the ownership of premier shopping, dining,
entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group,
NYSE: SPG). Our properties across North America, Europe, and Asia provide community gathering
places for millions of people every day and generate billions in annual sales. Our portfolio
includes assets of national and international renown - proven assets that are the preferred
location for retailers. In addition to our high quality properties, Simon is also known for our
strong balance sheet, a long-tenured and well-respected senior management team, and our
innovative spirit, as reflected in a 50 + year history of successful retail real estate development,
management & leasing.
09
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
5
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
Cresa is the world’s premier advisory firm that exclusively represents occupiers and specializes
in the delivery of fully integrated real estate solutions. With more than 1000 employees, our
purpose is to think beyond space, strengthening those we serve and enhancing the quality
of life for our clients. Delivered across every industry, Cresa’s services include Transaction
Management, Workplace Solutions, Project Management, Consulting, Lease Administration,
Technology, Investment Banking & Capital Markets and Portfolio Solutions. In partnership
with London-based Knight Frank, Cresa provides service through 16,000 people, across 380
offices in 51 territories.
Brookfield Properties develops and operates real estate investments on behalf of Brookfield
Asset Management — one of the largest alternative asset managers in the world. From office
to retail, logistics to multifamily, and hospitality to development, we work across sectors to
bring high-quality, sustainable real estate to life around the globe every day.
CORFAC International is an Alliance of Independently Owned Entrepreneurial Firms and
Affiliates in Individual Markets. Established in 1989 as a non-profit association, the organization
invites firms to join the network based on geographic markets and the ability of the firm to
respond to the requirements of clients and colleagues for services.
CoStar is the industry leader in commercial real estate information, analytics and news. We
provide our clients with the data and tools they need to make smart decisions and stay ahead
of the competition. Our extensive research operation delivers the most comprehensive data
available, giving our clients a clear understanding of the transactions, trends, assets and
players in the market. With over 181,000 industry professionals relying on us, CoStar is truly
where commercial real estate goes when it needs to know.
The SVN® brand was founded in 1987 out of a desire to improve the commercial real estate
industry for all stakeholders through cooperation and organized competition. SVN is now a
globally recognized commercial real estate brand united by a shared vision of creating value
with clients, colleagues and our communities. When you choose SVN you mobilize the entire
SVN organization of experts and all our trusted relationships to act on your behalf. This shared
network is the SVN Difference.
SIOR – For more than 80 years, the Society of Industrial and Office Realtors® (SIOR) has been
the leading global professional office and industrial real estate association and continues
to move the industry and our members’ business forward as we drive the future of CRE. With
3,900 members in 49 countries, SIOR represents today’s most knowledgeable, experienced,
ethical, and successful commercial real estate brokerage specialists.
17
18
19
20
21
21
Transwestern – The privately held Transwestern companies have been delivering a higher level
of personalized service and innovative real estate solutions since 1978. Through an integrated,
customized approach that begins with good ideas, the firm drives value for clients across
commercial real estate services, development, investment management, and opportunistic
endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends
its platform capabilities globally through strategic alliance partners whose unique geographic,
cultural, and business expertise fuels creative solutions.
16
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
6
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
RE/MAX Holdings is one of the world’s leading franchisors in the real estate industry, franchising
real estate brokerages globally under the RE/MAX® brand and mortgage brokerages within
the U.S. under the Motto® Mortgage brand. RE/MAX was founded in 1973 by Dave and Gail
Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the
flexibility to operate their businesses with great independence. Now with more than 140,000
agents in over 9,000 offices and a presence in over 110 countries and territories, nobody in
the world sells more real estate than RE/MAX, as measured by total residential transaction
sides. Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto
Franchising, a groundbreaking mortgage brokerage franchisor, in 2016. Motto Mortgage, the
first-and-only national mortgage brokerage franchise brand in the U.S., has grown to over 225
offices across more than 40 states.
The CCIM Institute meets the emerging needs of industry professionals, delivering its education,
technology, and networking to advance the commercial real estate profession. The CCIM
Institute administers the CCIM Designation, the designation standard in commercial real estate.
The Designation prepares cross functional Commercial Real Estate professionals to successfully
respond to evolving markets. The CCIM Institute also brings thought leaders together, provides
continuing education, and offers innovative marketplace intelligence and technology tools.
KW Commercial Austin, Texas-based Keller Williams, the world’s largest real estate franchise
by agent count, has more than 1,100 offices and 187,000 agents. Since 1983, the company has
cultivated an agent-centric, technology-driven, and education-based culture that rewards
agents as stakeholders.
Hines is a privately owned global real estate investment, development and management
firm, founded in 1957, with a presence in 383 cities in 30 countries and $94.6 billion¹ of assets
under management and more than 101 million square feet of assets for which Hines provides
third-party property-level services. Hines has 197 developments currently underway around
the world, and historically, has developed, redeveloped or acquired 1,639 properties, totaling
over 578 million square feet. The firm’s current property and asset management portfolio
includes 790 properties, representing over 268 million square feet. With extensive experience in
investments across the risk spectrum and all property types, and a foundational commitment
to ESG, Hines is one of the largest and most respected real estate organizations in the world.
TCN Worldwide, a consortium of independent commercial real estate firms, provides complete
integrated real estate solutions locally and internationally. An extensive range of real estate
services coupled with a personal commitment to exceed expectations is what allows TCN
Worldwide to be a leader in this competitive industry. Comprised of leading independent
brokerage firms, serving more than 200 markets globally, TCN Worldwide combines an
entrepreneurial approach with years of local experience. Around the globe, across all property
types and service groups, TCN Worldwide’s more than 1,500 brokers and salespeople have a
well-earned reputation for providing straightforward expert advice.
22
22
23
24
25
Lipsey’s 2024 Top 25 | Commercial Real Estate Brand Survey
7
©THE LIPSEY COMPANY | www.lipseyco.com | 407.774.2558
A.J. Dwoskin & Associates - A.J. Dwoskin & Associates, Inc. manages 28 apartment, townhome, mobile home, and
commercial properties throughout Arlington, Fairfax, Fauquier, and Prince William Counties in Northern Virginia. A
fully integrated company, specializing in real estate development, management, leasing, construction and asset
management. We have been serving the Northern Virginia and surrounding Washington, D.C. metropolitan area
since 1967 with one singular purpose: to provide unsurpassed value and service.
Foremost Companies - Foremost Companies is a premier land investment firm that acquires property in
strategic locations to entitle and sell high-quality residential developments. The company and its affiliates
have owned and/or managed over 12,000 residential lots across California.
Jackson Cross Partners - Jackson Cross Partners was founded by three commercial real estate professionals
with more than 100 years combined experience in the industry. The company’s core values – respect, integrity
and quality – and strong foundation are linked to the cumulative skills and reputations of the principals and
associates, which together, create a partnership that is greater than the sum of its parts.
MacKenzie Commercial - A full service commercial real estate firm since 1968, MacKenzie specializes in tenant
and landlord advisory services, investment sales, general construction, property & asset management, debt
and equity placement, investment and development, and market research.
MOHR Partners - Mohr Partners is a leading global corporate real estate advisory & outsourcing firm
headquartered in Dallas, Texas. Since 1986, we have been managing real estate portfolios for corporate
tenants and occupiers across a variety of industries. We provide our clients with an integrated set of portfolio
services, including lease administration services, strategic consulting, business intelligence, research & site
selection, economic incentives negotiations, transaction management, project & construction management
and facility services.
Partners Real Estate - Partners was founded and is headquartered in Houston and has offices in San Antonio,
Austin and Dallas; employs more than 200 real estate professionals; and completes over 1,000 commercial
lease and sale transactions every year. Partners is a full-service commercial real estate firm providing client
solutions via its services business for Office, Industrial, Retail, Land, Life Sciences, and Multifamily product types
across Brokerage Services.
Phoenix Commercial - Phoenix Commercial Properties provides the most comprehensive commercial
real estate solutions to businesses, investors and owners through proactive and creative transactional
management. Our well-educated, versatile commercial practitioners pledge to be true to our founding
principles of honesty, integrity, and an unwavering work ethic. From tenant, landlord, and buyer representation
to building sales and site acquisition you can be assured that we treat each project we participate in as our
highest priority.
Pinnacle Real Estate Advisors - Pinnacle Real Estate Advisors, LLC, is a full-service commercial real estate
brokerage firm, located in Denver, Colorado. Focused on delivering innovative real estate solutions that are
client-centric and relationship focused. Pinnacle Real Estate Advisors is the Top Locally Owned Commercial
Real Estate Company in the Denver Metro Area. Our expertise encompasses all commercial real estate
property types.
Stream Realty Partners - Stream Realty Partners is one of the fastest-growing full-service commercial real
estate companies in the nation. We have more than 350M+ million square feet of office, industrial, retail, and
healthcare assignments, resulting in over $6.9 billion in real estate transactions annually. Founded in 1996,
Stream has grown from its two original partners to a staff of over 1,350+ real estate professionals who share
one common goal: to provide an unequaled level of service to our clients.
Mike’s Shout Out List