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#270270 - 01/20/09 08:41 AM
Re: leading commercial brokers
[Re: Troy Richardson]
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Member
Registered: 05/01/07
Posts: 220
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Here is a list of the top commercial brokers for 2008 published by Real Estate Forum Magazine, a commercial real estate publication: http://www.reforum.com/topbrokers2008/index.aspThe list breaks down "number of square ft leased/sold", "number of completed transactions", and "total dollar value of leases/sales." Note: there are two lists - "Leasing" and "Investment Sales." You can view both lists by clicking the appropriate links at the top of the page. I personally know No. 2 on the leasing list - it's an amazing accomplishment for anyone, but especially so considering that he works for a small, independent brokerage. His stats for 2008 were: 125 leases completed 3,375,907 sf leased Total value of leases - $646,935,450
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#274322 - 02/08/09 07:16 AM
Re: leading commercial brokers
[Re: super realtor]
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Member
Registered: 05/01/07
Posts: 220
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In no particular order: CBRE Grubb & Ellis Cushman & Wakefield NAI Global GVA Worldwide Studley Staubach Binswanger Marcus & Millichap Colliers Jones Lang LaSalle
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#274337 - 02/08/09 09:59 AM
Re: leading commercial brokers
[Re: WisdomRealtors]
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Member
Registered: 05/01/07
Posts: 220
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WR, Since you were asking for a list of the "leading commercial brokers" that's what I provided. Residential companies, by definition, are not leading commercial brokers. That said, Remax, Coldwell Banker d/b/a CB Commercial, and Century 21 Commercial all have residential foundations but offer commercial services. Also, I know Keller Williams is trying to start a commercial division.
As to whether these residential companies "are in the game" probably varies by region and will depend on the size of the deal. In my area, CB Commercial has a pretty decent presence. Although they are technically part of Coldwell Banker, they focus solely on commercial and operate independently from the local Coldwell Banker residential offices. In my area they do not share an office with the residential offices and their agents do not offer resi- and commercial services. Remax and C21 in my area do both within the same office.
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#274467 - 02/08/09 05:50 PM
Re: leading commercial brokers
[Re: super realtor]
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Member
Registered: 05/31/06
Posts: 402
Loc: Bennington, Vermont
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I agree that Commercial is highly specialized and while the list of big firms above is impressive, there are also smaller firms that have a good share of the market.
If you are in a large metropolitan area, then that list above might be a place to start looking to start your commercial career, but if you're not in one of those large markets, you may not even have those companies as options.
I'm in Vermont, and I'm in one of the larger cities in the state, with 16,000 people. None of the firms listed above have offices here in town, but the large shopping centers use them for their leasing needs. The rest of the town is up for grabs.
I'm with RE/MAX and our commercial divsion worldwide has 3,618 Commercial Practitioners and 39 offices that are "Commercial Only" while there are 338 firms that have an official and recognized "Commercial Division."
I apologize if this sounds like an advertisement for RE/MAX, I just wanted to get across some solid numbers to prove my point.
I am in a residential office, doing commercial work. I have my own branding, identity and logos - so when driving around town, you can tell by the look of the signs what's residential and what's in the commercial division.
My advice is not to dismiss the residential brokers too quickly, because there is commercial business inside some of those doors.
As with any specialization, you're going to have to spend a lot of time learning, and while very expensive, the CCIM designation will teach you a lot, even after only a few courses.
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#274715 - 02/09/09 06:49 PM
Re: leading commercial brokers
[Re: Troy Richardson]
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Member
Registered: 05/01/07
Posts: 220
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Troy, I clicked on your Commercial Property For Lease link on your website and all the text was written in....Latin?! You're really going after a niche market!
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This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
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Registered: 03/04/06
Posts: 217
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