CBRE Leads US Investment Sales Activity in 2015 for Tenth Year in a Row
| February 3, 2016
CBRE Group, Inc. (NYSE:CBG) was the number one firm for commercial real estate investment sales in the U.S. during 2015, according to Real Capital Analytics (RCA)—the tenth consecutive year that CBRE has claimed the top spot.
RCA credited CBRE with a 16.5% market share* across all property types in 2015. This is a 100 basis point increase over CBRE’s market share in 2014.
RCA, which tracks national commercial real estate sales of $2.5 million and greater, estimates that approximately $455.7 billion of commercial real estate was sold (excluding entity level transactions) in the U.S. in 2015 – an increase of 20% over 2014.
CBRE’s investment sales volume reached $78.1 billion, according to RCA – an increase of 26% over 2014.
“With close to $80 billion in real estate investment sales in the U.S. last year, we are connecting more leading domestic and global capital with U.S. property than any other firm. CBRE mobilizes a complete spectrum of integrated capital services to solve the most difficult real estate challenges, delivering real competitive advantage and superior performance for our clients,” said Brian McAuliffe, President, Institutional Properties, Capital Markets, CBRE.
Highlights from RCA’s 2015 rankings include:
CBRE was the nation’s top firm in industrial sales, with $15.6 billion in transactions and a market share of 25.2%. This represented a year-over-year increase of $5.2 billion or 50.8%.
CBRE executed $24.7 billion in apartment sales for an industry-leading market share of 17.7%.
CBRE’s total office sales increased by $10.1 billion or 58.4% year-over-year.
CBRE’s total retail volume increased by approximately $1 billion or 14.1% year-over-year.
*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; land and senior housing sales. Information presented by RCA has been compiled from sources believed to be reliable.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.