CBRE Leads U.S. Investment Sales Activity For Fourteenth Year In A Row In 2019
28 Jan 2020
CBRE was the number one firm for commercial real estate investment sales in the U.S. during 2019, according to Real Capital Analytics (RCA)—the 14th consecutive year that CBRE has claimed the top spot.
RCA credited CBRE with a 16.9% market share* across all property types in 2019—a 510 basis point lead over the nearest competitor.
In addition to being number one overall, CBRE also held the top spot in RCA’s U.S. rankings for office, retail and apartment investment sales.
RCA, which tracks national commercial real estate sales of $2.5 million and greater, estimates that more than $560 billion of commercial real estate was sold in the U.S. in 2019. CBRE’s investment sales volume reached $97.9 billion, according to RCA—an increase of 19% over 2018.
“Our extensive network of deep relationships, culture of collaboration, and industry-leading technology enables us to provide clients with continuous connectivity to global capital and opportunity in every market across the U.S.,” said Chris Ludeman, Global President, Capital Markets, CBRE.
Highlights from RCA’s 2019 rankings include:
- CBRE was the nation’s top firm in office sales, with $24.2 billion in transactions and a market share of 16.9%. This represented a year-over-year increase of $4.8 billion.
- CBRE executed $33.3 billion in apartment sales for an industry-leading market share of 18.2%. This represented a year-over-year increase of $3.7 billion.
- CBRE executed $5.9 billion in retail sales for an industry-leading market share of 9.2%.
*Market share has been calculated based on the dollar volume of transactions where a broker represented the seller, divided by the total volume of seller-brokered transactions. Does not include individual property sales valued at less than $2.5 million, sales where brokers represented the buyer, entity level transactions, and land sales. Information presented by RCA has been compiled from sources believed to be reliable.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.