World's leading real estate services company.
400 South Hope St., 25th floor
Los Angeles, CA 90071
CEO: Bob Sulentic
Stock Symbol: CBG
CBRE Group is the world's premier, full-service real estate services company serving corporations and businesses with their commercial real estate needs.
CBRE and its partner and affiliate offices have more than 70,000 employees in over 400 offices worldwide.
The company serves real estate owners, investors and occupiers with a core services portfolio that includes strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting.
In 2015, the company reported record revenues of $10.9 billion, a 20% increase from the previous year. Fee revenue increased 14% to $7.7 billion. Net income was $689.2 million.
"2015 was another year of exceptional performance for CBRE," said Bob Sulentic, the company s president and chief executive officer. "The hard work of our people enabled us to set new company records for total revenue and earnings and drive double-digit top- and bottom-line growth. As important, we made many strategic gains, which have positioned CBRE to continue to create value for our clients and shareholders."
Although the company dates back to 1773 internationally and 1906 in North America, the modern day CB Richard Ellis was born in May 1998, when one of North America's top brokerage and facilities management firms, CB Commercial, merged with Richard Ellis, an international name in commercial real estate. The result was the first global real estate services firm with the ability to integrate research, sale and lease transactions, property and facilities management, marketing, financial services and valuations for virtually any property assignment down the street or around the world.
1773 - Richard Ellis establishes REI Limited in London
1906 - Colbert Coldwell founds Tucker, Lynch & Coldwell in San Francisco.
1914 - Benjamin Arthur Banker joins Coldwell’s firm as a full partner.
1936 - The firm changes its name to Coldwell, Banker & Co.
1968 - Coldwell Banker offers public stock for the first time.
1982 - Sears, Roebuck & Co. acquires Coldwell Banker Commercial and Residential.
1991 - The company changes its name to CB Commercial.
1996 - CB Commercial completes an initial public offering.
1998 - CB Commercial acquires REI Ltd. and subsequently changes its name to CB Richard Ellis.
2004 - CB Richard Ellis launches initial public offering on the New York Stock Exchange under the ticker symbol “CBG.” Revenue surpasses $2.0 billion.
2008 - CB Richard Ellis becomes the first commercial real estate company in the Fortune 500.
2011 - CB Richard Ellis changes corporate name to CBRE Group
Full-time employees (working 30 or more hours per week) are eligible to participate in the benefits program. In the U.S., this includes the following:
- Medical, Dental and Vision Insurance
- Life and Accidental Death & Dismemberment Insurance
- Short and Long-Term Disability Insurance
- 401(k) Plan
- Flexible Spending Accounts
- Long-Term Care
- Employee Assistance Program
- Paid Vacation
- Paid Company Holidays
Updated February 28, 2016