Property management firms: ranked by office and retail square footage managed in L.A. County.EXECUTIVE SUMMARY TRAMMELL Crow F. Trammell Crow (born June 11, 1914, in Dallas, Texas) is an American property developer who created several famous projects, including Dallas Market Center, Peachtree Center (Atlanta, Georgia), and San Francisco's Embarcadero Center. continues to lead the list of office/retail property managers with 17.7 million square feet under management in L.A. County. Los Angeles-based 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. Inc. remained No. 2 with 14.9 million square-feet of office/retail space under management. It has an additional 36.4 million square feet of industrial space under management locally, bringing its total commercial portfolio to 51.3 million square feet in L.A. County. Morlin Management Corp. moved up three spots to No. 5 with 6.3 million square feet of office/retail space under management. The Los Angeles-based firm won 800,000 square feet of new contracts in 2005. Twelve firms on this year's list saw their portfolios shrink shrink Vox populi noun A psychiatrist . Decron Properties Corp., No. 18, fell four spots with 1.4 million square feet under management, down 1.1 million square feet from the previous year. Cushman Cushman is a manufacturer of industrial vehicles, personal vehicles, and other custom vehicles, including parking patrol auto rickshaws. Models Haulster (Small industrial multi-purpose truck) Bellhop Series (Golf Carts) Tug(Large Truck) and Wakefield Wakefield, estate, United States Wakefield, family estate of George Washington, on the Potomac River, E Va.; part of the George Washington Birthplace National Monument (see National Parks and Monuments, table). , No. 10, fell three spots after shedding shedding, n See exfoliation. shedding 1. exfoliation of entire skin, called also ecdysis, exuviate. 2. falling out of haircoat. 3. putting animals into a shed. 4. 400,000 square feet. Overall, the 25 largest property management finns n. pl. 1. (Ethnol.) Natives of Finland; Finlanders. in L.A. County handle more than 112 million square-feet in office and retail space, a 700,000-square-foot increase from the previous year. THE PACESETTER TRAMMELL CROW CO. THE Dallas-based Trammell Crow Co., which tops the list of third-party property managers for the seventh consecutive year, reported 17.7 million square-feet of office and retail space under management. It has an additional 12.6 million square-feet of industrial space under management. High construction costs coupled with conversion of commercial space to residential space have led to a shortage in office and industrial space locally. "It makes it very challenging to develop new office and industrial," said Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. N. Ruth, area president and senior managing director. With current construction prices, Ruth expects to see office and industrial rents escalate es·ca·late v. es·ca·lat·ed, es·ca·lat·ing, es·ca·lates v.tr. To increase, enlarge, or intensify: escalated the hostilities in the Persian Gulf. v.intr. over the next 12 months. "We're we're Contraction of we are. we're we are still very bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish in this market." Overall, Ruth sees 2006 as a prime opportunity for Trammell Crow to expand locally. "Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. is one of the most dynamic markets in the country," Ruth said, noting that Trammell Crow will expand five of its seven Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, offices through expansion or relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. within 12 months. The firm is expanding staff in all of its divisions: property management, project management and brokerage BROKERAGE, contracts. The trade or occupation of a broker; the commissions paid to a broker for his services. . "We have 46 slots Slots may refer to:
Founded in 1949, the firm does not own any property in its management portfolio. It manages 378 million square feet of office and retail space and an additional 159 million square feet of industrial space nationwide.
Rank Firm (Ranking in 2005) Office & Retail
* name Square Footage
* address (millions)
* L.A. County
* firmwide
1 Trammell Crow Co. (1) 17.7
2041 Rosecrans Ave., Suite 300 378
Los Angeles 90245
2 CB Richard Ellis Inc. (2) 14.9
355 S. Grand Ave., Suite 2700 241
Los Angeles 90071
3 Jones Lang LaSalle (3) 12.5
355 S. Grand Ave., Suite 3100 91.5
Los Angeles 90071
4 Charles Dunn Co. (4) 9.2
800 W. Sixth St., Sixth Floor 15.4
Los Angeles 90017
5 Morlin Management Corp. (8) 6.3
444 S. Flower St., Suite 500 7.5
Los Angeles 90071
6 PM Realty Group LP (5) 5.9
4675 MacArthur Court, Suite 470 140
Newport Beach 92660
7 IDS Real Estate Group (10) 5.3
515 S. Figueroa St., 16th Floor 7.1
Los Angeles 90071
8 Coreland Cos. (6) 5
17542 E. 17th St., Suite 420 10
Tustin 92780
9 Property Management Associates (9) 5
5120 W. Goldleaf Circle, Suite 300 5.8
Los Angeles 90056
10 Cushman & Wakefield (4) (7) 4.8
601 S. Figueroa, Suite 4700 410
Los Angeles 90071
11 NewMark Merrill Cos. (11) 4.3
5850 Canoga Ave., Suite 650 6.9
Woodland Hills 91367
12 Centers Business Management (12) 3.84
1517 S. Sepulveda Blvd.
Los Angeles 90025
13 Vestar Property Management (13) 3
7575 Carson Blvd. 13.4
Long Beach 90808
14 Hines 2.4
445 S. Figueroa St., Suite 2080 91.4
Los Angeles 90071
15 Topa Management Co. 2.1
1800 Avenue of the Stars, 3.9
Suite 1400 / Los Angeles 90067
16 RiverRock Real Estate Group 2
Inc. (16) 3.8
3 Imperial Promenade, Suite 820
South Coast Metro 92707
17 Transwestern Commercial 1.5
Services (15) 60
330 N. Brand Blvd., Suite 705
Glendale 91203
18 Decron Properties Corp. (14) 1.4
6222 Wilshire Blvd., Suite 650 2.9
Los Angeles 90048
19 Real Estate Group (19) 1.4
1762 Westwood Blvd., Suite 400 2.8
Los Angeles 90024
20 Mas Asset Management Corp. (17) 1.3
633 W. Fifth St., 56th Floor 1.6
Los Angeles 90071
21 Kutzer Co. (21) 1
716 Mission St. 1.2
South Pasadena 91030
22 Lowe Enterprises Inc. (22) 0.9
11777 San Vicente Blvd., Suite 900 7
Los Angeles 90049
23 LB Property Management (25) 0.7
4730 Woodman Ave., Suite 200 1.9
Sherman Oaks 91423
24 Garboard/Keelson Asset and 0.6
Property Mgmt. (23)
210 Whaler's Walk, Berth 31
San Pedro 90731
25 J. G. Management Co. Inc. 0.3
5743 Corsa Ave., Suite 200 1
Westlake Village 91362
Firm (Ranking in 2005) Other Types
* name (county/total)
* address * industrial sq. ft.
(millions)
* residential units
Trammell Crow Co. (1) 12.6/159
2041 Rosecrans Ave., Suite 300 0/0
Los Angeles 90245
CB Richard Ellis Inc. (2) 36.4/191
355 S. Grand Ave., Suite 2700 0/0
Los Angeles 90071
Jones Lang LaSalle (3) 0.5/0
355 S. Grand Ave., Suite 3100 0/0
Los Angeles 90071
Charles Dunn Co. (4) 2.7/5
800 W. Sixth St., Sixth Floor 1,539/1,749
Los Angeles 90017
Morlin Management Corp. (8) 0.3/0.3
444 S. Flower St., Suite 500 45/45
Los Angeles 90071
PM Realty Group LP (5) 0.4/22
4675 MacArthur Court, Suite 470 0/65
Newport Beach 92660
IDS Real Estate Group (10) 8.2/1.5
515 S. Figueroa St., 16th Floor 0/400
Los Angeles 90071
Coreland Cos. (6) 0.1/0.1
17542 E. 17th St., Suite 420 0/0
Tustin 92780
Property Management Associates (9) 0.3/0.3
5120 W. Goldleaf Circle, Suite 300 5,200/5,450
Los Angeles 90056
Cushman & Wakefield (4) (7) 4.2/410
601 S. Figueroa, Suite 4700 0/0
Los Angeles 90071
NewMark Merrill Cos. (11) 0/0
5850 Canoga Ave., Suite 650 0/0
Woodland Hills 91367
Centers Business Management (12) 0/0
1517 S. Sepulveda Blvd. 0/0
Los Angeles 90025
Vestar Property Management (13) 0/0
7575 Carson Blvd. 0/0
Long Beach 90808
Hines 0/2.4
445 S. Figueroa St., Suite 2080 0/817
Los Angeles 90071
Topa Management Co. 0.1/0.1
1800 Avenue of the Stars, 899/3,214
Suite 1400 / Los Angeles 90067
RiverRock Real Estate Group 1.2/2
Inc. (16) 0/0
3 Imperial Promenade, Suite 820
South Coast Metro 92707
Transwestern Commercial 0.4/22
Services (15) 0/0
330 N. Brand Blvd., Suite 705
Glendale 91203
Decron Properties Corp. (14) 0/0
6222 Wilshire Blvd., Suite 650 2,812/2,812
Los Angeles 90048
Real Estate Group (19) 0/0
1762 Westwood Blvd., Suite 400 128/300
Los Angeles 90024
Mas Asset Management Corp. (17) 0/0
633 W. Fifth St., 56th Floor 0/0
Los Angeles 90071
Kutzer Co. (21) 0/0
716 Mission St. 0/0
South Pasadena 91030
Lowe Enterprises Inc. (22) 0.8/1.3
11777 San Vicente Blvd., Suite 900 0/0
Los Angeles 90049
LB Property Management (25) 0/0
4730 Woodman Ave., Suite 200 10,090/21,000
Sherman Oaks 91423
Garboard/Keelson Asset and 0.5/1.10/0
Property Mgmt. (23)
210 Whaler's Walk, Berth 31
San Pedro 90731
J. G. Management Co. Inc. 0/0.70/0
5743 Corsa Ave., Suite 200
Westlake Village 91362
Firm (Ranking in 2005) Contracts Percent
* name Won in 2005 Owned 2
* address (millions * L.A. County
of sq. ft.) * firmwide
* L.A. County
* firmwide
Trammell Crow Co. (1) 1.6 0%
2041 Rosecrans Ave., Suite 300 0 0%
Los Angeles 90245
CB Richard Ellis Inc. (2) 10 0
355 S. Grand Ave., Suite 2700 118 0
Los Angeles 90071
Jones Lang LaSalle (3) 2.1 0
355 S. Grand Ave., Suite 3100 0 0
Los Angeles 90071
Charles Dunn Co. (4) 3.2 0
800 W. Sixth St., Sixth Floor 4.1 0
Los Angeles 90017
Morlin Management Corp. (8) 0.8 0
444 S. Flower St., Suite 500 0.8 0
Los Angeles 90071
PM Realty Group LP (5) 0.2 0
4675 MacArthur Court, Suite 470 10.5 0
Newport Beach 92660
IDS Real Estate Group (10) 4.3 0
515 S. Figueroa St., 16th Floor 6.1 0
Los Angeles 90071
Coreland Cos. (6) 0.5 0
17542 E. 17th St., Suite 420 1 0
Tustin 92780
Property Management Associates (9) 1.2 6
5120 W. Goldleaf Circle, Suite 300 1.2 7
Los Angeles 90056
Cushman & Wakefield (4) (7) 2.1 0
601 S. Figueroa, Suite 4700 NA 0
Los Angeles 90071
NewMark Merrill Cos. (11) 0.1 45
5850 Canoga Ave., Suite 650 1.1 65
Woodland Hills 91367
Centers Business Management (12) 0.2 10
1517 S. Sepulveda Blvd. 10
Los Angeles 90025
Vestar Property Management (13) 0.3 50
7575 Carson Blvd. 2 50
Long Beach 90808
Hines 0.66 27
445 S. Figueroa St., Suite 2080 45
Los Angeles 90071
Topa Management Co. 0 53
1800 Avenue of the Stars, 0 53
Suite 1400 / Los Angeles 90067
RiverRock Real Estate Group 1.2 0%
Inc. (16) 1.8 0%
3 Imperial Promenade, Suite 820
South Coast Metro 92707
Transwestern Commercial 2 0
Services (15) 38 0
330 N. Brand Blvd., Suite 705
Glendale 91203
Decron Properties Corp. (14) 0.4 60
6222 Wilshire Blvd., Suite 650 0.8 57
Los Angeles 90048
Real Estate Group (19) 0.4 0
1762 Westwood Blvd., Suite 400
Los Angeles 90024
Mas Asset Management Corp. (17) 0 0
633 W. Fifth St., 56th Floor
Los Angeles 90071
Kutzer Co. (21) 0 15
716 Mission St. 0.1 20
South Pasadena 91030
Lowe Enterprises Inc. (22) 0.2 32
11777 San Vicente Blvd., Suite 900 2 NA
Los Angeles 90049
LB Property Management (25) 0 0
4730 Woodman Ave., Suite 200 1 0
Sherman Oaks 91423
Garboard/Keelson Asset and 0.1 2
Property Mgmt. (23) 0.1 2
210 Whaler's Walk, Berth 31
San Pedro 90731
J. G. Management Co. Inc. 0 34
5743 Corsa Ave., Suite 200 0.2 50
Westlake Village 91362
Firm (Ranking in 2005) Services
* name (partial list)
* address
Trammell Crow Co. (1) property and project management,
2041 Rosecrans Ave., Suite 300 facility management, brokerage,
Los Angeles 90245 development and construction
services
CB Richard Ellis Inc. (2) property and asset management,
355 S. Grand Ave., Suite 2700 agency leasing, tenant represen-
Los Angeles 90071 tation, investment, appraisal
Jones Lang LaSalle (3) facilities management, tenant
355 S. Grand Ave., Suite 3100 representation, property
Los Angeles 90071 management, leasing, project
development services
Charles Dunn Co. (4) property/facility/asset manage-
800 W. Sixth St., Sixth Floor ment, brokerage, construction,
Los Angeles 90017 consulting, receiverships
Morlin Management Corp. (8) property management, leasing,
444 S. Flower St., Suite 500 project and construction
Los Angeles 90071 management, facilities management
PM Realty Group LP (5) leasing, investment, property
4675 MacArthur Court, Suite 470 management, asset management,
Newport Beach 92660 facility management, construction
management
IDS Real Estate Group (10) property/asset/construction/
515 S. Figueroa St., 16th Floor development management, leasing,
Los Angeles 90071 acquisition/disposition, due
diligence
Coreland Cos. (6) property management, leasing,
17542 E. 17th St., Suite 420 investment sales, acquisition due
Tustin 92780 diligence, construction
management
Property Management Associates (9) property management, asset
5120 W. Goldleaf Circle, Suite 300 management, construction
Los Angeles 90056 management, acquisition/disposi-
tion due diligence
Cushman & Wakefield (4) (7) property management, facilities
601 S. Figueroa, Suite 4700 management, project management,
Los Angeles 90071 agency leasing, due diligence,
consulting
NewMark Merrill Cos. (11) acquisition advisory, leasing,
5850 Canoga Ave., Suite 650 property management, reposi-
Woodland Hills 91367 tioning and redevelopment
Centers Business Management (12) shopping center management,
1517 S. Sepulveda Blvd. leasing, sales, investment,
Los Angeles 90025 maintenance, receivership
Vestar Property Management (13) property management, construction
7575 Carson Blvd. management, leasing, redevelop-
Long Beach 90808 ment, financing
Hines property management, facility
445 S. Figueroa St., Suite 2080 management, engineering, asset,
Los Angeles 90071 construction/development
Topa Management Co. property management, renovations,
1800 Avenue of the Stars, lease administration, leasing and
Suite 1400 / Los Angeles 90067 marketing property, financing
RiverRock Real Estate Group property/construction/facilities
Inc. (16) management, consulting,
3 Imperial Promenade, Suite 820 leasing
South Coast Metro 92707
Transwestern Commercial property management, agent
Services (15) leasing, tenant rep.,
330 N. Brand Blvd., Suite 705 investment services
Glendale 91203
Decron Properties Corp. (14) investment, development,
6222 Wilshire Blvd., Suite 650 property management,
Los Angeles 90048 general contracting
Real Estate Group (19) property management, asset
1762 Westwood Blvd., Suite 400 management, brokerage,
Los Angeles 90024 construction management
Mas Asset Management Corp. (17) property management, asset
633 W. Fifth St., 56th Floor management, consulting,
Los Angeles 90071 leasing
Kutzer Co. (21) property management, asset
716 Mission St. management
South Pasadena 91030
Lowe Enterprises Inc. (22) investment, development, asset
11777 San Vicente Blvd., Suite 900 management, acquisition/
Los Angeles 90049 disposition
LB Property Management (25) management, brokerage,
4730 Woodman Ave., Suite 200 financial
Sherman Oaks 91423
Garboard/Keelson Asset and property and asset
Property Mgmt. (23) management
210 Whaler's Walk, Berth 31
San Pedro 90731
J. G. Management Co. Inc. investment, asset/property
5743 Corsa Ave., Suite 200 management, leasing,
Westlake Village 91362 construction management
Firm (Ranking in 2005) L.A. County
* name Employees (3)
* address
Trammell Crow Co. (1) 60
2041 Rosecrans Ave., Suite 300
Los Angeles 90245
CB Richard Ellis Inc. (2) 77
355 S. Grand Ave., Suite 2700
Los Angeles 90071
Jones Lang LaSalle (3) 69
355 S. Grand Ave., Suite 3100
Los Angeles 90071
Charles Dunn Co. (4) 65
800 W. Sixth St., Sixth Floor
Los Angeles 90017
Morlin Management Corp. (8) 58
444 S. Flower St., Suite 500
Los Angeles 90071
PM Realty Group LP (5) 58
4675 MacArthur Court, Suite 470
Newport Beach 92660
IDS Real Estate Group (10) 75
515 S. Figueroa St., 16th Floor
Los Angeles 90071
Coreland Cos. (6) 22
17542 E. 17th St., Suite 420
Tustin 92780
Property Management Associates (9) 177
5120 W. Goldleaf Circle, Suite 300
Los Angeles 90056
Cushman & Wakefield (4) (7) 158
601 S. Figueroa, Suite 4700
Los Angeles 90071
NewMark Merrill Cos. (11) 35
5850 Canoga Ave., Suite 650
Woodland Hills 91367
Centers Business Management (12) 27
1517 S. Sepulveda Blvd.
Los Angeles 90025
Vestar Property Management (13) 8
7575 Carson Blvd.
Long Beach 90808
Hines 30
445 S. Figueroa St., Suite 2080
Los Angeles 90071
Topa Management Co. 82
1800 Avenue of the Stars,
Suite 1400 / Los Angeles 90067
RiverRock Real Estate Group 8
Inc. (16)
3 Imperial Promenade, Suite 820
South Coast Metro 92707
Transwestern Commercial 39
Services (15)
330 N. Brand Blvd., Suite 705
Glendale 91203
Decron Properties Corp. (14) 130
6222 Wilshire Blvd., Suite 650
Los Angeles 90048
Real Estate Group (19) 22
1762 Westwood Blvd., Suite 400
Los Angeles 90024
Mas Asset Management Corp. (17) 13
633 W. Fifth St., 56th Floor
Los Angeles 90071
Kutzer Co. (21) 13
716 Mission St.
South Pasadena 91030
Lowe Enterprises Inc. (22) 6
11777 San Vicente Blvd., Suite 900
Los Angeles 90049
LB Property Management (25) 140
4730 Woodman Ave., Suite 200
Sherman Oaks 91423
Garboard/Keelson Asset and 6
Property Mgmt. (23)
210 Whaler's Walk, Berth 31
San Pedro 90731
J. G. Management Co. Inc. 10
5743 Corsa Ave., Suite 200
Westlake Village 91362
Firm (Ranking in 2005) Profile
* name * offices
* address (county/total)
* headquarters
* year established
Trammell Crow Co. (1) 5/NA
2041 Rosecrans Ave., Suite 300 Dallas
Los Angeles 90245 1949
CB Richard Ellis Inc. (2) 6/300
355 S. Grand Ave., Suite 2700 Los Angeles
Los Angeles 90071 1906
Jones Lang LaSalle (3) 1/NA
355 S. Grand Ave., Suite 3100 Chicago
Los Angeles 90071 1783
Charles Dunn Co. (4) 3/12
800 W. Sixth St., Sixth Floor Los Angeles
Los Angeles 90017 1921
Morlin Management Corp. (8) 4/6
444 S. Flower St., Suite 500 Los Angeles
Los Angeles 90071 1984
PM Realty Group LP (5) 9/NA
4675 MacArthur Court, Suite 470 Houston
Newport Beach 92660 1955
IDS Real Estate Group (10) 4/8
515 S. Figueroa St., 16th Floor Los Angeles
Los Angeles 90071 1986
Coreland Cos. (6) 5/8
17542 E. 17th St., Suite 420 Tustin
Tustin 92780 1989
Property Management Associates (9) 1/1
5120 W. Goldleaf Circle, Suite 300 Los Angeles
Los Angeles 90056 1991
Cushman & Wakefield (4) (7) 14/189
601 S. Figueroa, Suite 4700 New York
Los Angeles 90071 1917
NewMark Merrill Cos. (11) 3/6
5850 Canoga Ave., Suite 650 Woodland Hills
Woodland Hills 91367 1997
Centers Business Management (12) 1/3
1517 S. Sepulveda Blvd. Los Angeles
Los Angeles 90025 1987
Vestar Property Management (13) 1/5
7575 Carson Blvd. Phoenix
Long Beach 90808 1989
Hines 3/89
445 S. Figueroa St., Suite 2080 Houston
Los Angeles 90071 1957
Topa Management Co. 3/6
1800 Avenue of the Stars, Los Angeles
Suite 1400 / Los Angeles 90067 1985
RiverRock Real Estate Group 3/9
Inc. (16) Irvine
3 Imperial Promenade, Suite 820 2003
South Coast Metro 92707
Transwestern Commercial 6/23
Services (15) Houston
330 N. Brand Blvd., Suite 705 1978
Glendale 91203
Decron Properties Corp. (14) 1/1
6222 Wilshire Blvd., Suite 650 Los Angeles
Los Angeles 90048 1988
Real Estate Group (19) 1/2
1762 Westwood Blvd., Suite 400 Los Angeles
Los Angeles 90024 1998
Mas Asset Management Corp. (17) 1/1
633 W. Fifth St., 56th Floor Los Angeles
Los Angeles 90071 1989
Kutzer Co. (21) 1/1
716 Mission St. South Pasadena
South Pasadena 91030 1992
Lowe Enterprises Inc. (22) 3/6
11777 San Vicente Blvd., Suite 900 Los Angeles
Los Angeles 90049 1972
LB Property Management (25) 2/6
4730 Woodman Ave., Suite 200 Sherman Oaks
Sherman Oaks 91423 1990
Garboard/Keelson Asset and 1/1
Property Mgmt. (23) San Pedro
210 Whaler's Walk, Berth 31 1985
San Pedro 90731
J. G. Management Co. Inc. 1/1
5743 Corsa Ave., Suite 200 Westlake Village
Westlake Village 91362 1983
Firm (Ranking in 2005) Top Local Executive
* name * name
* address * title
* phone
Trammell Crow Co. (1) Robert N. Ruth
2041 Rosecrans Ave., Suite 300 area pres., sr. mng. dir.
Los Angeles 90245 (877) 464-2769
CB Richard Ellis Inc. (2) Stan Yoshihara
355 S. Grand Ave., Suite 2700 managing director
Los Angeles 90071 (213) 613-3333
Jones Lang LaSalle (3) Jan Pope
355 S. Grand Ave., Suite 3100 regional director
Los Angeles 90071 (213) 680-7900
Charles Dunn Co. (4) Patrick J. Conn
800 W. Sixth St., Sixth Floor president, property mgmt.
Los Angeles 90017 (213) 683-0500
Morlin Management Corp. (8) J. Randall Moore
444 S. Flower St., Suite 500 president
Los Angeles 90071 (213) 622-4442
PM Realty Group LP (5) Chris Strickfaden
4675 MacArthur Court, Suite 470 senior vice president
Newport Beach 92660 (310) 215-1500
IDS Real Estate Group (10) D. Mgrublian/M. Siam
515 S. Figueroa St., 16th Floor co-ceos
Los Angeles 90071 (213) 362-9300
Coreland Cos. (6) Chris Hite
17542 E. 17th St., Suite 420 president
Tustin 92780 (714) 573-7780
Property Management Associates (9) Thomas Spear
5120 W. Goldleaf Circle, Suite 300 president
Los Angeles 90056 (323) 295-2000
Cushman & Wakefield (4) (7) Mary A. Marx
601 S. Figueroa, Suite 4700 managing director
Los Angeles 90071 (213) 955-5100
NewMark Merrill Cos. (11) Sandy Sigal
5850 Canoga Ave., Suite 650 ceo
Woodland Hills 91367 (818) 710-6100
Centers Business Management (12) Rick Rivera
1517 S. Sepulveda Blvd. ceo, president
Los Angeles 90025 (310) 575-1517
Vestar Property Management (13) Richard Kuhle
7575 Carson Blvd. president
Long Beach 90808 (562) 938-1722
Hines Colin P. Shepherd
445 S. Figueroa St., Suite 2080 senior v.p.
Los Angeles 90071 (213) 629-5200
Topa Management Co. Paul R. Gienger
1800 Avenue of the Stars, president
Suite 1400 / Los Angeles 90067 (310) 203-9199
RiverRock Real Estate Group John Combs
Inc. (16) principal
3 Imperial Promenade, Suite 820 (714) 689-1440
South Coast Metro 92707
Transwestern Commercial David W. Rock
Services (15) managing sr. v.p.
330 N. Brand Blvd., Suite 705 (818) 500-9444
Glendale 91203
Decron Properties Corp. (14) David J. Nagel/Jack M. Nagel
6222 Wilshire Blvd., Suite 650 president/chairman
Los Angeles 90048 (323) 556-6600
Real Estate Group (19) Robin Jordan
1762 Westwood Blvd., Suite 400 presdient
Los Angeles 90024 (310) 500-2840
Mas Asset Management Corp. (17) Eric Bender
633 W. Fifth St., 56th Floor v.p., asset management
Los Angeles 90071 (213) 213-8600
Kutzer Co. (21) Pete Kutzer
716 Mission St. president
South Pasadena 91030 (626) 441-9620
Lowe Enterprises Inc. (22) Robert J. Lowe
11777 San Vicente Blvd., Suite 900 chairman, ceo
Los Angeles 90049 (310) 820-6661
LB Property Management (25) Gregg Bernstein
4730 Woodman Ave., Suite 200 cfo
Sherman Oaks 91423 (818) 981-1802
Garboard/Keelson Asset and John T. Boyt
Property Mgmt. (23)
210 Whaler's Walk, Berth 31 president
San Pedro 90731 (310) 833-8700
J. G. Management Co. Inc. Greg Greenstein
5743 Corsa Ave., Suite 200 president
Westlake Village 91362 (818) 707-9494
NA - Not Available
(1) Excludes firms that own more than two-thirds of property managed.
(2) Percentage of management portfolio owned by the company or by
the parent company.
(3) Employees active in property management.
(4) Firmwide management figures include office, retail and industrial.
Note: The information on this list was provided by representatives
of the companies themselves. Property managers are ranked by the total
amount of office and retail space under management in L.A. County and
firmwide, respectively. Firms that own more than two-thirds of the
property that they manage in L.A. County are not included on the list.
To the best of our knowledge, this information is accurate as of press
time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [C] 2006 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.
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