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CB Richard Ellis

World's leading real estate services company.

Headquarters:
11150 Santa Monica Blvd., Suite 1600
Los Angeles, CA 90025
Employees: 31,000
CEO: Brett White
Stock Symbol: CBG

Website: http://www.cbre.com

Career Site

CB Richard Ellis is the world's premier, full-service real estate services company serving corporations and businesses with their commercial real estate needs.

CB Richard Ellis and its partner and affiliate offices have more than 31,000 employees in over 300 offices across 58 countries worldwide. 

CB Richard Ellis 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 2010, the company reported revenues of $5.1 billion, up 23% from the previous year. Net income was $200.3 million. The Americas generated $3.2 billion in total revenues for the year.

"The increasing pace of market recovery in 2010 was well matched to CB Richard Ellis' strengths of people, brand and platform," said Brett White, the company's chief executive officer. "Our professionals around the world executed extremely well and drove our second-most profitable year ever, punctuated by sizable increases in activity across virtually all business lines in the final quarter. We believe the market remains in the early stages of recovery, and we enter 2011 with excellent momentum in most business lines globally."

History

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.

Benefits

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 April 1, 2011