TOP MANAGEMENT FIRMS
Welcome to the industry’s most detailed ranking of Top Property Management Firms. Ranked by total square footage of assets under management, these firms carry direct fiduciary responsibility for the properties managed—whether they be office, industrial or retail.
The only asset class not represented is multifamily. (Some firms listed also
have a residential portfolio. In those cases, units were listed but did not
count in the ranking.) Clients, when provided, are listed in descending order
of contract size. Some of these firms practice on a global basis. Where no
countries are shown, they are US-based solely. Some of them even shared
their views on the state of property management today. You’ll find a sampling of those comments in sidebars throughout the feature.
CBRE GROUP INC.
Los Angeles
PM Executive in Charge: Tony Long
Properties Managed for Clients: 120,000
Square Footage: 3,200,000,000
None Managed for Own Portfolio
Countries Represented in Portfolio: 65
States Represented in Portfolio: 50
Top Clients
Bentall Kennedy; Clarion Partners;
Invesco; TIAA-CREF; RREEF
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“With a high probability of a recession in Q1/Q2 2013 due to
the jobless recovery and increased federal debt, the commercial real estate environment will continue to be volatile.
The likely impact on property management will be continued
fee compression, as well as increased client expectations.”
—Karen Whitt, Colliers International, Ranked #2
COLLIERS INTERNATIONAL
Seattle
PM Executive in Charge: Karen Whitt
Properties Managed for Clients: 47,260
Square Footage: 1,250,000,000
None Managed for Own Portfolio
Countries Represented in Portfolio: 62
States Represented in Portfolio: 32
Top Clients
Welsh Cos.; James Campbell Co.;
IndCorp; Clarion Partners; Colony Realty
Partners
2
CUSHMAN & WAKEFIELD
New York City
PM Executive in Charge: John C.
Santora
Properties Managed for Clients: 15,728
Square Footage: 809,000,000
None Managed for Own Portfolio
Countries Represented in Portfolio: 29
States Represented in Portfolio: 36
3
NEWMARK GRUBB KNIGHT FRANK
New York CIty
PM Executive in Charge: R. Buddemeyer
Properties Managed for Clients: 11,519
Square Footage: 687,371,639
None Managed for Own Portfolio
Countries Represented in Portfolio: 32
States Represented in Portfolio: 50
4
CASSIDY TURLEY
Washington, DC
PM Executive in Charge: Marla Maloney
Properties Managed for Clients: 25,239
Square Footage: 455,000,000
None Managed for Own Portfolio
Countries Represented in Portfolio: 2
States Represented in Portfolio: 50
Top Clients
Edward Jones; J.P. Morgan; H&R Block;
Harry Winston; Hospital Corp. of
America
5
NAI GLOBAL
Princeton, NJ
PM Executive in Charge: Rhyne Brown
Properties Managed for Clients: 3,750
Square Footage: 400,000,000
None Managed for Own Portfolio
Countries Represented in Portfolio: 55
States Represented in Portfolio: 48
6
TRANSWESTERN
Houston
PM Executive in Charge: Robert
Bagguley
Properties Managed for Clients: 834
Square Footage: 208,534,176
None Managed for Own Portfolio
States Represented in Portfolio: 23
7
PM REALTY GROUP LP
Houston
PM Executive in Charge: Jimmy Gunn
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