CB Richard Ellis Remains No. 1 in U.S. Investment Sales Activity in First-Half 2011
- Aug 11, 2011
Boston—CB Richard Ellis remained the No. 1 firm in the U.S. for commercial property investment sales during the first half of 2011, according to Real Capital Analytics (RCA). CBRE also led the market at mid-year 2010 and has been the leader for the past five years.
RCA credited CBRE with selling properties valued at $11.9 billion during the first half of 2011—equating to a 14.3 percent overall market share. This market share provided CBRE with a better than 4.5 percentage point advantage over the second-place firm. CBRE was also the leader in office, retail, industrial and multifamily properties.
CB Richard Ellis’ market share in multi-housing sales was an industry-leading 14.4 percent, with $3.1 billion in sales. CBRE was the nation’s top firm in industrial sales, with $1.9 billion in sales, for a market share of 20.8 percent.
CB Richard Ellis recorded the highest market share—9.9 percent—in the retail sector, totaling nearly $2 billion in transactions in the first half of 2011.
CBRE’s office sector market share of 17.8 percent was number-one, with $4.2 billion in sales.