CB Richard Ellis first quarter investment sales top $9.7b.CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. was the No. 1 firm in investment sales activity on a national basis in the first quarter of 2006, with $9.7 billion in total consideration--a 17% market share--according to Real Capital Analytics' first quarter data. RCA See RCA connector and video/TV history. , which tracks national commercial real estate sales of $5 million and greater, found CB Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a Ellis' total volume to be nearly equal to the next three firms combined. Based on first quarter 2006 market share, RCA reports CB Richard Ellis as the industry leader in investment sales for all property sectors--office (18.5%), industrial (15.7%) multihousing (19.4%) and retail (10.3%). CB Richard Ellis' investment activity jumped 46% from the first quarter of 2005, compared with an increase of 23% for the market as a whole. "CB Richard Ellis' Investment Sales group has gotten off to a very strong start this year, which is significant given the strength of the 2005 investment market," said Gregory S. Vorwaller, CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) investment properties president. "We are particularly pleased with our activity in the multifamily property sector, where we've we've Contraction of we have. we've have nearly doubled our market share. Our dominance dominance In genetics, the greater influence by one of a pair of genes (alleles) that affect the same inherited trait. If an individual pea plant that has one allele for tallness and one for shortness is the same height as an individual that has two alleles for tallness, the across all product types--with total volume nearly equal to our three closest competitors--speaks to the strength of our capital markets counsel and market knowledge as well as the results we deliver for our clients." CB Richard Ellis' multi-housing sales skyrocketed 127% from first quarter 2005 to nearly $4 billion, increasing its market share 8.3 percentage points to 19.4%; The firm's office sales grew 33% to $3.8 billion: CB Richard Ellis' retail sales increased slightly, up 1.5% to $755 million; The firm's industrial sales were on par with first quarter 2005, at $1.1 billion. |
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