CBRE Group

CBRE Group, Inc. (an initialism of Coldwell Banker Richard Ellis) is an American commercial real estate services and investment firm. Its main office is in Dallas, Texas, and its global financial headquarters is at Lever House in Midtown Manhattan. It is the world's largest company in commercial real estate services and investment, based on 2022 revenue.

The firm is ranked 135th on the Fortune 500 and has been included in the Fortune 500 every year since 2008. CBRE helps more than 95 of the companies on the Fortune 100. It is one of the "Big 4" commercial real estate services companies, along with Cushman & Wakefield, Colliers, and JLL.

Services

CBRE helps people who use buildings and people who invest in buildings.

For people who use buildings, CBRE helps manage buildings, work on projects, sell or rent properties, and give advice. They also help with money matters and valuing properties.

For people who invest in buildings, CBRE helps sell properties, arrange loans, manage investments, rent properties, take care of buildings, support green building, value properties, and guide development projects.

History

CBRE Group began in 1906 as Tucker, Lynch & Coldwell. It changed its name several times. In 1918, it became Coldwell, Kern & Banker, and later just Coldwell Banker. In 1981, it was bought by Sears, but in 1989, it became its own company again and was called CB Commercial Real Estate Group.

In 1998, it merged with Richard Ellis International and became CB Richard Ellis, or CBRE. The company grew by buying other real estate firms, like Koll Real Estate Services in 1997 and Trammell Crow Company in 2006. In 2020, CBRE moved its headquarters from Los Angeles to Dallas, Texas. In 2021, it bought part of a UK company called Turner & Townsend and planned to merge some of its businesses with them. In January 2025, CBRE set up its new global financial headquarters at Lever House in Midtown Manhattan. Today, CBRE is the world's largest commercial real estate services and investment firm.