Top 10 Commercial Real Estate Companies in the US

Introduction

In 2024, a remarkable surge of growth and transformation characterizes the commercial real estate landscape within the United States. This inimitable expansion owes its momentum predominantly to pioneering technology and inventive solutions. The subsequent discourse ventures into a comprehensive analysis of the foremost 10 biggest real estate companies, each orchestrating significant advancements within the market. These influential entities, some headquartered in the bustling hub of New York City, while others extending their influence nationally, stand exemplified by renowned names such as Keller Williams, Coldwell Banker, and eXp Realty.

Moreover, this exploration is poised to illuminate the commendable accomplishments and far-reaching impact fostered by industry titans like Caliers International Group. This conglomerate excels in the domains of property management and brokerage services, casting a formidable presence upon the stage. Expanding the purview, this inquisition will delve into the realms of residential real estate and investment sales, with the esteemed participation of renowned firms like Berkshire Hathaway and Boston Properties making significant contributions. Noteworthy among these discerning locales are thriving cities such as San Francisco and New York City, established as veritable epicenters for an array of commercial property and real estate ventures.

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TOP 10 Commercial Real Estate Companies Explained

The paramount significance of the top 10 commercial real estate companies becomes abundantly clear as they stand as the foremost torchbearers within the realm of this dynamic industry. These stalwart entities hold mastery over diverse facets encompassing property management, leasing negotiations, strategic acquisitions, visionary developments, and astute investment strategies. Manifesting their prowess as paragons of proficiency, they intertwine the facets of a real estate company, a commercial real estate company, and the most significant among the biggest real estate companies, with remarkable finesse.Their operations are punctuated by the seamless fusion of cutting-edge technologies, harnessed to their advantage with an innovative spirit.

Advanced data analytics form the bedrock upon which their decision-making prowess is erected, granting them an unmatched understanding of market dynamics and trends. Possessing this invaluable intelligence, they sculpt tailored solutions that are as comprehensive as they are finely tuned, presenting a bespoke array of offerings tailored to their discerning clientele.In an age where customization reigns supreme, these companies artfully craft strategies that synchronize with the distinctive needs and aspirations of their clients. Their impact reverberates beyond the mere confines of the properties they engage with; they are orchestrators of transformative experiences, engineering real estate narratives that epitomize excellence and ingenuity.

This landscape of commercial real estate is their canvas, and their virtuoso execution elevates the very essence of what it means to be a true luminary in this arena.

Commercial Real Estate Landscape in the US in 2024

JPM in their latest report states that the U.S. economy faces unprecedented challenges due to geopolitical issues, market volatility, inflation, and rising interest rates.

Source: J.P. Morgan Commercial Real Estate Business Leaders Outlook report

A breakdown of factors such as geopolitical issues such as the war in Ukraine and sanctions on Russia have global economic implications, including supply chain disruptions and increased prices for food, shelter, and energy. As long as record-high inflation. The U.S. inflation rate reached 7.75%, the highest since the 1980s. Rising rent costs, particularly in tech hubs like Silicon Valley, pose affordability challenges for both affordable and market-rate housing. Finally, rising interest rates. Interest rates are climbing, with the target federal funds range at their highest level since 2008. This could impact commercial real estate owners, while potentially benefiting multifamily property owners as more people choose to rent rather than buy.

Also, they state:

The commercial real estate leaders surveyed hold various assets, with a concentration in multifamily. Nearly three-quarters of these professionals expect increases in their revenue/sales and capital needs (71%)—significantly higher rates than U.S. business leaders in general. Almost half of real estate leaders are optimistic about the global (44%) and national economy (46%). Nearly two-thirds (65%) are also optimistic about the industry’s performance in 2023, with 73% optimistic about their own company’s performance.

These combined factors may contribute to a mild to moderate recession in 2024. Unlike the pandemic's economic impact, which resembled a national-scale natural disaster, a recession in 2024 would be more traditional and require a more extended recovery period affecting all asset classes.

Selection Criteria for the Top 10 Fast-Growing Commercial Real Estate Companies

To curate our list of the top 10 fast-growing commercial real estate companies in the US in 2024, we carefully considered the following criteria:

Growth: Despite their size, these companies have achieved significant growth of over 5% in the past 12 months.
Headcount: Each company boasts a substantial workforce of 3,500+ employees, ensuring their capacity to handle diverse projects and meet client needs.
IT Department: These companies maintain a dedicated IT department comprising 50+ IT specialists, leveraging technology to enhance their operations and provide innovative solutions to clients.

By meeting these stringent criteria, these top 10 commercial real estate companies solidify their positions as industry leaders and drivers of growth in the dynamic market.

The unique selection of Commercial Real Estate Companies

Jones Lang LaSalle Incorporated (JLL)

HQ: United States
Growth: JLL has experienced substantial growth, surpassing 5% in the past year.
Square feet managed: 4.8 billion
Headcount: The company employs a sizable workforce of 93,400 employees.
IT department headcount: JLL has an IT department consisting of 9400 IT specialists.

JLL is a leading commercial real estate company specializing in real estate and investment management. They provide services in leasing, property management, capital markets, and development advisory. JLL has a vast global network and a strong reputation in the commercial real estate industry.

The cornerstone of JLL's offerings lies in its adeptness at navigating the intricate landscape of leasing, where their seasoned professionals orchestrate seamless transactions between landlords and tenants, optimizing space allocation and facilitating mutually beneficial arrangements. This proficiency extends into property management, where JLL employs a meticulous approach to ensuring the upkeep and enhancement of properties under their purview. By employing cutting-edge technologies and industry-best practices, JLL consistently elevates the value and desirability of managed properties.Furthermore, JLL's influence permeates into the capital markets, where their strategic insights and extensive market intelligence facilitate the buying, selling, and financing of commercial real estate assets. Whether it's connecting investors with lucrative opportunities or devising strategies to maximize returns, JLL's prowess in the capital markets sphere remains a cornerstone of its comprehensive service portfolio.In the ever-evolving landscape of development advisory, JLL emerges as a guiding force, offering insightful counsel to clients seeking to undertake transformative real estate projects.

With an intricate understanding of market trends, regulatory landscapes, and emerging opportunities, JLL empowers clients to make informed decisions, navigate complexities, and turn their visionary projects into tangible realities.A distinguishing hallmark of JLL is its expansive global network, which spans continents and transcends boundaries. This far-reaching presence enables JLL to serve clients on a truly global scale, leveraging local expertise and insights to provide tailored solutions that align with regional nuances and preferences.

By seamlessly bridging geographical gaps, JLL exemplifies its commitment to delivering value that knows no borders.As an industry stalwart, JLL has earned a reputation that extends beyond mere recognition – it's a symbol of trust and excellence. With a proven track record of success, a legacy of innovation, and a steadfast commitment to client satisfaction, JLL continues to shape the commercial real estate landscape, setting new benchmarks and forging a path towards a future of continued growth and achievement.

CBRE Group

HQ: United States
Growth: CBRE Group has demonstrated significant growth, exceeding 5% in the last 12 months.
Square feet managed: 7.3 billion
Headcount: The company has a large workforce of 15000 people.
IT department headcount: CBRE Group maintains an IT department with a team of 5000 IT specialists.

CBRE is the largest commercial real estate company globally. They offer a wide range of services including property sales, leasing, valuation, and investment management. CBRE operates in more than 100 countries and has a strong presence in major U.S. cities.

At the core of CBRE's expansive offerings lies a profound mastery of property sales, where their adept professionals choreograph seamless transactions that span the gamut of real estate assets. Through strategic positioning, astute negotiations, and a keen understanding of market dynamics, CBRE propels clients towards lucrative outcomes, leveraging their extensive network and market insights to turn transactions into triumphs.CBRE's influence extends further into the intricate realm of leasing, where their seasoned experts artfully align landlords and tenants, harmonizing aspirations and requirements to cultivate flourishing partnerships. With a finger on the pulse of emerging trends and evolving preferences, CBRE crafts leasing solutions that optimize space utilization, fostering environments conducive to productivity and growth.

An invaluable facet of CBRE's multifaceted prowess lies in its aptitude for valuation, where their analytical rigor and profound market knowledge converge to provide precise assessments of real estate assets. Employing cutting-edge methodologies and an unwavering commitment to accuracy, CBRE empowers clients with the insights needed to make informed decisions, ensuring optimal returns on investments and strategic maneuvering.CBRE's acumen reaches its zenith in the arena of investment management, where their stewardship of assets transcends conventional boundaries. With a meticulous approach to portfolio optimization, risk mitigation, and performance enhancement, CBRE serves as a custodian of value, curating investment strategies that withstand the tests of time and economic fluctuations.Spanning across more than 100 countries, CBRE's far-reaching footprint paints a global tapestry of impact, underscoring its status as a beacon of excellence on an international scale. This expansive presence, coupled with a resounding commitment to client success, equips CBRE with the tools to traverse cultural nuances and regional disparities, delivering tailored solutions that resonate with diverse markets and clients.Within the dynamic landscape of major U.S. cities, CBRE's presence shines particularly bright, akin to a constellation of achievement.

Cushman & Wakefield

HQ: United States
Growth: Cushman & Wakefield has achieved notable growth exceeding 5% in the last 12 months.
Square feet managed: 3.6 billion
Headcount: The company has a workforce of 52000 people.
IT department headcount: Cushman & Wakefield maintains an IT department with a team of 520 IT specialists.

Cushman & Wakefield is a global commercial real estate company that offers a comprehensive range of services to clients. They provide expertise in areas such as leasing, sales, valuation, asset management, and investment banking. Cushman & Wakefield has a strong presence in major U.S. markets and operates globally.

Nestled at the intersection of art and science, Cushman & Wakefield's comprehensive suite of services is a testament to the intricate dance between strategy and execution. Their mastery extends to leasing, where astute negotiations and strategic orchestrations result in symbiotic partnerships between landlords and tenants. This is not merely the exchange of spaces, but a confluence of aspirations and needs, guided by Cushman & Wakefield's keen understanding of emerging trends and market dynamics. Within the tapestry of sales, Cushman & Wakefield's expertise unfurls like a masterstroke, crafting transactions that transcend mere property exchange. Each sale is an ode to value, where market insights and strategic positioning blend seamlessly to amplify assets' potential, transforming properties into instruments of financial prowess under their expert guidance.

But Cushman & Wakefield's realm extends far beyond the tangible; it delves into the very essence of valuation, where seasoned professionals wield a blend of analytics and market intuition to decipher the intricate worth of real estate assets. Armed with meticulous methodologies and an unwavering commitment to precision, Cushman & Wakefield equips clients with a compass that guides them through the intricate terrain of investment decisions, ensuring optimal returns on every endeavor.

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Greystar

HQ: United States
Growth: Greystar has achieved significant growth despite its size, with more than 5% growth in the last 12 months.
Square feet managed: 80 million
Headcount: Greystar has a workforce of 3,500+ people.
IT department headcount: The company boasts a dedicated IT department comprising 50+ IT specialists.

Greystar is a leading commercial real estate company in the investment, development, and management of rental housing properties. With a strong presence across the United States and globally, Greystar offers a wide range of services, including property management, development, and investment management. With a commitment to delivering exceptional living experiences, Greystar focuses on creating vibrant and sustainable communities for its residents.

Anchored by a robust presence that spans the vast expanse of the United States and stretches across continents, Greystar's reach is a testament to its unwavering commitment to excellence on a global scale. This commitment is not just a proclamation but a promise realized through a comprehensive spectrum of services that leave an indelible mark on the landscape of modern living.

At the heart of Greystar's multifaceted offerings is a profound mastery of property management, where their seasoned professionals wield a delicate balance of technology and personal touch. Each property under Greystar's stewardship is a microcosm of their dedication to curating exceptional living experiences, a symphony of convenience, comfort, and connectivity that resonates with residents' desires and aspirations.

Yet, Greystar's influence extends beyond bricks and mortar into the realm of development, where they don the mantle of architects of the future. Armed with a visionary perspective, Greystar transforms vacant parcels into vibrant communities that are more than just physical spaces; they're havens of possibility, thriving ecosystems where residents can weave their stories amidst meticulously crafted landscapes and cutting-edge amenities.

eXp Realty

HQ: United States
Growth: eXp Realty has experienced substantial growth, surpassing 5% in the last 12 months.
Square feet managed: no information
Headcount: The company has a large workforce of 3,953 individuals.
IT department headcount: The company boasts a dedicated IT department comprising around 900 IT specialists.

eXp Realty is a fast-growing commercial real estate company that operates on a cloud-based platform. With a unique agent-centric approach, eXp Realty offers a collaborative and innovative environment for real estate professionals. Through its virtual platform, agents can connect, collaborate, and access a wide range of tools and resources to support their clients and grow their businesses. eXp Realty emphasizes technology, education, and a supportive community to empower its agents.

What sets eXp Realty apart is its pioneering cloud-based platform, a virtual haven where the realm of real estate transcends physical boundaries and takes root in the digital realm. This innovative approach creates a landscape where agents, the lifeblood of the industry, become the epicenter of a collaborative ecosystem. It's an agent-centric universe, where professionals forge connections, share insights, and thrive collectively in an environment that amplifies their potential.

The heartbeat of eXp Realty's platform is the spirit of collaboration, an ethos that fuels the exchange of ideas, strategies, and expertise among real estate professionals. Agents, once siloed by geography, now find themselves part of a global community that defies borders, where knowledge flows freely, and insights are shared seamlessly across continents.

In this digital domain, eXp Realty isn't just a brokerage; it's a catalyst for growth, offering a treasure trove of tools and resources that agents can access at their fingertips. From cutting-edge technology solutions that streamline transactions to an extensive repository of educational materials that empower skill development, eXp Realty's platform serves as a wellspring of opportunity for agents to enhance their craft and elevate their client service.

Embracing the power of technology isn't just a catchphrase for eXp Realty; it's a mantra that resonates through every facet of its operations. The company's emphasis on harnessing the latest advancements ensures that agents remain at the forefront of industry trends, armed with the knowledge and tools to navigate the digital landscape seamlessly.

Berkshire Hathaway HomeServices

HQ: United States
Growth: Berkshire Hathaway HomeServices has achieved significant growth exceeding 5% in the past year.
Square feet managed: no information
Headcount: The company employs a sizable workforce of 50,000 individuals.
IT department headcount: Berkshire Hathaway HomeServices has a dedicated IT department comprising 1,600 IT specialists.

Berkshire Hathaway HomeServices is a renowned commercial real estate company with a global presence. Backed by the reputation and stability of the Berkshire Hathaway brand, the company provides a comprehensive range of real estate services, including buying, selling, and property management. With a network of experienced and knowledgeable agents, Berkshire Hathaway HomeServices delivers exceptional service and expertise to its clients.

At the heart of Berkshire Hathaway HomeServices' indelible mark lies a reputation fortified by the rock-solid foundation of the Berkshire Hathaway brand – a name synonymous with integrity, stability, and unparalleled success. This association infuses every facet of the company's operations with an air of trustworthiness and credibility, instilling confidence in clients who seek a partner in their real estate journey.

The breadth of Berkshire Hathaway HomeServices' offerings is nothing short of comprehensive, painting a canvas where real estate aspirations become realized visions. From the art of buying and selling properties to the science of property management, the company's portfolio of services is a manifestation of their commitment to being a one-stop solution for clients' real estate needs.

Agents within the Berkshire Hathaway HomeServices network emerge as beacons of expertise, forged through a nexus of experience and knowledge. This network isn't just a collection of professionals; it's a symphony of skill and insight, where every agent is a conduit for delivering exceptional service. Armed with an understanding of local markets, industry trends, and a commitment to client success, these agents stand as pillars of guidance, crafting tailored solutions that reflect individual needs.

Real Estate One

HQ: United States
Growth: Real Estate One has experienced noteworthy growth, surpassing 5% in the last 12 months.
Square feet managed: no information
Headcount: The company boasts a workforce of 7,308 people.
IT department headcount: Real Estate One has an IT department consisting of around 1200 IT specialists.

Real Estate One is a leading commercial real estate company based in Michigan. With a history dating back to 1929, the company has established itself as a trusted name in the industry. Real Estate One offers a wide range of services, including residential and commercial sales, property management, relocation, and mortgage financing. With a strong commitment to personalized service and local expertise, Real Estate One assists clients in achieving their real estate goals.

The name Real Estate One resonates as a trusted insignia within the industry, a moniker synonymous with reliability and a time-honored commitment to providing unparalleled service. This legacy, etched across decades, is a testament to the company's enduring relevance, a reputation that has weathered the tides of change and stands resolute in the face of evolving market dynamics.

Real Estate One's portfolio of services is nothing short of comprehensive, a mosaic of offerings that speaks to the diversity of clients' needs. From the realm of residential and commercial sales to the intricacies of property management, the company's expansive toolkit encompasses every facet of the real estate journey. With each service offered, Real Estate One transforms from a mere service provider into a partner invested in the success and satisfaction of their clients.

At the heart of Real Estate One's operations lies a commitment to personalized service, a cornerstone that propels the company beyond transactions and into the realm of relationships. Agents within the Real Estate One family are not just experts; they're stewards of dreams, guiding clients with the wisdom that comes from local insights and a profound understanding of the nuances that define Michigan's real estate landscape.

Real Estate One's role extends beyond brick and mortar; it becomes a catalyst for transformations, a guiding force that empowers clients to achieve their real estate aspirations. Whether it's finding a dream home, navigating the complexities of commercial transactions, or securing mortgage financing, Real Estate One's multifaceted approach is a roadmap to success, tailored to each client's unique vision.

Public Storage

HQ: United States
Growth: Public Storage has achieved substantial growth exceeding 5% in the past year.
Square feet managed: no information
Headcount: The company has a large workforce of 5900 individuals.
IT department headcount: Public Storage maintains an IT department with a team of 690 IT specialists.

Public Storage is a well-known commercial real estate company with a vast network of storage facilities across the United States. With a focus on providing convenient and secure storage solutions, Public Storage caters to both residential and commercial customers. Their facilities offer a variety of storage unit sizes and options, allowing customers to store their belongings or business inventory with ease and peace of mind.

With a sprawling network of storage facilities dotting the landscape of the United States, Public Storage reigns as a true industry leader, a guardian of space that caters to a diverse clientele encompassing both residential and commercial customers. It is not merely a company; it's a sanctuary for belongings, an oasis of order amidst the chaos of modern living.

Public Storage's commitment to convenience is a guiding light that illuminates every facet of its operations. As a refuge for belongings of all shapes and sizes, its facilities offer an array of storage unit dimensions and configurations. Whether it's the remnants of a cross-country move, the cherished possessions of a growing family, or the inventory of a burgeoning business, Public Storage provides a solution tailored to the unique needs of each client.

Security, an emblem of trust, forms the cornerstone of Public Storage's mission. Its facilities are more than just spaces; they're bastions of protection where possessions find respite under the watchful eye of advanced security systems and vigilant personnel. The company's commitment to safeguarding what matters most is a testament to its understanding of the profound value that each item holds for its owner.

But Public Storage is not just about physical spaces; it's about providing a sense of ease and peace in a world that often feels cluttered and chaotic. Its role transcends the tangible, extending into the realm of emotional relief. Every unit isn't just a storage space; it's a repository of memories, aspirations, and a promise of order amidst life's ceaseless flux.

FirstService Residential

FirstService commercial real estate company

HQ: United States
Growth: FirstService Residential has experienced significant growth, surpassing 5% in the last 12 months.
Square feet managed: 81 million
Headcount: The company employs a sizable workforce of 10000+ individuals.
IT department headcount: FirstService Residential has a dedicated IT department comprising 1000+ IT specialists.

FirstService Residential is a leading commercial real estate company specializing in residential communities. With a focus on delivering exceptional service and enhancing the quality of life for residents, FirstService Residential offers a wide range of management solutions for homeowner associations, condominiums, and cooperatives. Their services include property maintenance, financial management, technology solutions, and community engagement.

With a laser focus on elevating the quality of life for residents, FirstService Residential assumes a mantle of responsibility that extends beyond bricks and mortar. The company's expertise is tailored to the dynamic needs of homeowner associations, condominiums, and cooperatives, a testament to its ability to navigate the nuances of diverse residential environments.

At the heart of FirstService Residential's approach lies a commitment to delivering service that transcends the ordinary, an ethos that transforms each residential community into a haven of comfort, convenience, and camaraderie. This commitment reverberates through every facet of the company's operations, creating an environment where residents don't just dwell; they thrive.

Property maintenance, a cornerstone of FirstService Residential's offerings, is a symphony of care and attention that ensures communities remain pristine and functional. Through meticulous upkeep, timely repairs, and a dedication to aesthetic appeal, the company becomes a steward of physical spaces, preserving their allure and functionality for the enjoyment of residents.

Financial management, an intricate art, forms another pillar of FirstService Residential's expertise. Their acumen extends beyond numbers, transforming complex financial landscapes into transparent, well-managed systems that safeguard community assets and optimize fiscal resources. With their guidance, communities can navigate financial intricacies with confidence, ensuring long-term sustainability and growth.

Technology, a hallmark of modern living, finds resonance in FirstService Residential's approach. Their technology solutions weave a thread of connectivity, enhancing communication between residents, management, and stakeholders. Through advanced platforms and innovative tools, communities become tightly knit ecosystems, fostering engagement and empowering residents to stay informed and involved.

Clayton Homes

HQ: United States
Growth: Clayton Homes has achieved notable growth exceeding 5% in the past year.
Square feet managed: no information
Headcount: The company has a workforce of 4,444 people.
IT department headcount: Clayton Homes maintains an IT department with a team of 400 IT specialists.

Clayton Homes is a prominent commercial real estate company of manufactured and modular homes. With a commitment to quality craftsmanship and innovative design, Clayton Homes offer a wide range of customizable home options to meet various needs and budgets. From single-family residences to multi-unit developments, Clayton Homes provide affordable and sustainable housing solutions across the United States.

At the heart of Clayton Homes' ethos lies an unwavering dedication to excellence, an unwavering commitment to creating homes that transcend conventional boundaries. Specializing in manufactured and modular homes, the company's portfolio is a testament to their understanding that a home is more than just a structure; it's a sanctuary, an expression of individuality, and a testament to a life well-lived.

The hallmark of Clayton Homes' approach is its dedication to customization, a cornerstone that empowers clients to shape their living spaces to their unique preferences and needs. With an extensive array of customizable options, from floor plans to finishes, each Clayton home becomes a canvas upon which dreams are painted, a place where aspirations are transformed into tangible reality.

From single-family residences that cradle cherished memories to multi-unit developments that foster vibrant communities, Clayton Homes' impact is far-reaching. Their role as a provider of affordable and sustainable housing solutions serves as a beacon of hope for those seeking a place to call their own. With an acute awareness of the diverse needs and budgets of their clients, Clayton Homes stands as a gateway to attainable homeownership, redefining the landscape of possibilities.

Innovation becomes a cornerstone of Clayton Homes' narrative, with each design a testament to their ability to blend timeless comfort with modern sensibilities. Their homes aren't just structures; they're harmonious ecosystems where design seamlessly integrates with functionality, creating spaces that embrace both aesthetics and practicality.

Sustainability, a driving force of modern living, finds resonance in Clayton Homes' approach. Their commitment to eco-friendly practices and materials underscores a larger mission to create homes that aren't just beautiful, but responsible stewards of the environment. This commitment doesn't just shape individual residences; it contributes to a collective effort to build a more sustainable future.

Conclusion

In the year 2024, the North American commercial real estate landscape finds itself in the midst of a captivating metamorphosis, orchestrated by the preeminent entities within the sector. These biggest real estate companies corporate behemoths stand resolute on the vanguard of innovation, presenting unparalleled remedies to surmount the shifting trials and requisites of the market. Channeling their energies toward real estate investment and the stewardship of commercial property, they are orchestrating a paradigm shift in the acquisition, disposition, and administration of properties.

Among these luminaries, the likes of Eastdil Secured and Keller Williams Realty emerge as stalwart proponents of the commercial real estate brokerage domain, infusing notable contributions. Simultaneously, Berkshire Hathaway HomeServices emerges as an architect of extraordinary growth and investment prospects, casting a powerful influence. The global footprints of these biggest real estate companies serve as poignant reminders of the industry's resounding global reverberations. United by a common vision, these entities are forging an innovative trajectory for the trajectory of commercial real estate, transmuting our understanding and interaction with commercial properties into an unprecedented chapter.

While the industry unfurls its wings of transformation, the avant-garde methodologies and unwavering commitment to excellence exhibited by these entities solidify their stature as pivotal actors in the domain of commercial real estate investment, their influence radiating conspicuously within Kansas City and beyond.

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