Industry Insights

18 best commercial real estate firms

November 15, 2021

It’s a tough market out there for commercial real estate, with a glut of properties (and a buyer’s market) in some areas and the exact opposite in others. If you’re in the commercial real estate game, it’s important to get the lay of the land and know what firms dominate nationwide and in your area.

Today, we’re going to take a look at some of the top commercial real estate companies around the country, state by state and region by region. This should give you a great overview of some of the mover-and-shaker commercial real estate firms to watch out for.

Top 11 regional commercial real estate firms

1. Shannon-Waltchack - Birmingham, AL

Shannon-Waltchack is one of the largest commercial real estate companies in the state of Alabama. They manage a diverse portfolio of over 80 properties, including medical, retail, industrial, office and open land throughout the state. It is a comprehensive commercial real estate services company, with real estate investment, property management and brokerage services to offer.

2. Progressive Real Estate Partners - Rancho Cucamonga, California

Progressive Real Estate Partners is one of the biggest commercial real estate companies in California’s Inland Empire. With over a decade in the business, PREP has over 110 active retail listings in the Inland Empire and San Gabriel Valley regions and also offers leasing, owner/user opportunities for sale and raw land for development.

3. John Propp Commercial Group - Denver, Colorado

Based in Denver, John Propp Commercial Group is a full service commercial real estate firm that handles retail, industrial/distribution, office parks and office building space, both for lease and for sale. Propp Commercial also is available for broker services and property management, with the credo of “Manage that property as if we owned it!” In addition, Propp Commercial offers services associated with court appointed receivership and is bonded for each receiver contract.

4. Mohr Partners - Dallas, Texas

For over 30 years, Mohr Partners has been serving real estate needs in Texas and beyond. Mohr’s team has a comprehensive approach that includes business intelligence services, leasing administration, portfolio management for investors and much more. They see their role as offering informed solutions that can help companies and investors make the best of their real estate position. Whether it’s transaction services, asset management, project services or capital markets consulting and analysis, Mohr Partners is a respected name in the commercial real estate industry.

5. Franklin Street - Atlanta, Georgia

Based on Peachtree Street in Atlanta, Franklin Street has grown to become one of the most robust commercial real estate firms in the Southeast. They currently have offices in Ft. Lauderdale, Tampa, Jacksonville, Orlando and Miami as well as their Atlanta headquarters. Services include management and valuation, capital, investment sales, insurance, and tenant/landlord representation. Last year, Franklin Street was responsible for $500 million in loan originations—their clients include Johns Hopkins Medicine, Arby’s Restaurants, BB&T, Domino’s, Bealls, and many more.

6. Orion Investment Real Estate - Scottsdale, Arizona

Orion Investment Real Estate has established itself as one of the largest and best commercial real estate companies in the Sun Belt. With an impressive collection of different property types and asset classes, Orion Investment Real Estate has built a reputation for market knowledge, marketing savvy, and specialization in various types of properties that has made them the envy of the region.

7. NAI Wisinski - Grand Rapids, Michigan

In a tough market, NAI Wisinski of West Michigan stands out as a top commercial real estate firm. The company was formed in 2011 when NAI and West Michigan and The Wisinski Group merged, bringing together two companies with successful, reputable track records and forming the largest independently owned commercial real estate firm in the region.

8. Ariel Property Advisors - New York City

Ariel Property Advisors has carved out a niche in the New York City market, using a unique approach and suite of services. Ariel Property Advisors is set up, like an investment bank, with separate services for investment sales, capital services, and research. Their focus on multifamily, mixed-use, development, commercial, and industrial properties has truly made them one of the top commercial real estate firms in NYC. Ariel encourages all market participants to come to them for consultation so they can take advantage of the firm’s know-how and experience in the market.

9. Kiser Group - Chicago, Illinois

Throughout Chicago and the suburbs, Kiser Group has become a major player in multifamily properties. Along with their emphasis on multifamily, Kiser Group also offers office space, retail, land and development, hospitality, industrial, light industrial, and even self-storage properties for lease or investment.

10. Marcus & Millichap - Ft. Lauderdale, Florida

Marcus & Millichap is a strong player in South Florida commercial real estate. Their diverse holdings include retail, industrial, mixed-use, medical, multifamily, senior’s communities and even self-storage rentals. Marcus & Millichap’s Distressed Properties division has a track record of deep knowledge in both products and markets—this division closed 480 transactions last year for government agencies and financial institutions. Their buyers’ and sellers’ services feature a top-flight team of financing and market experts, and strong relationships with lenders at the regional and national scale.

11. NAI Hunneman - Boston, Massachusetts

Based in Boston, NAI Hunneman specializes in a full range of investment, property management, leasing, valuation services, and more across New England. Their properties include multifamily, industrial, warehouse/distribution, self-storage, and raw land, including the landmark Chapman Building (aka the “Time & Temperature Building”) in Portland, ME. Along with their presence in New England, NAI Hunneman has properties in over 400 markets across the United States and around the world.

Top 7 national commercial real estate firms

1. Cushman & Wakefield

With 300 offices in over 70 countries, Cushman & Wakefield is a real force to be reckoned with. C & W is truly a comprehensive company, with brokerage services, leasing, sustainability enhancement, consulting for portfolios or properties, tax management and escrow, and more. Their reputation is equally strong among investors and tenants, and they are definitely here to stay as one of the largest commercial property management companies worldwide.

2. Eastdil Secured

Since the 1960s, Eastdil Secured has been one of the most respected names in real estate investment banking. They have used their expertise in real estate fundamentals to become a leader in commercial real estate for private investors and institutions both. Their range of properties includes hospitality, multifamily, retail, and industrial holdings.

3. Simon Property Group

With properties across 37 U.S. states, Asia and Europe, Simon Property Group is the premier name in retail properties and property management. Flagship locations like The Forum Shops at Caesars in Las Vegas, Sawgrass Mills in Sunrise, FL, and Woodbury Common Premium Outlets in Central Valley, NY, are all proud parts of the Simon family of properties. Simon is a S & P 100 company, formed in 1993, and owns or has part interest in more than 325 properties, including international properties, The Mills, Premium Outlet Centers, community/lifestyle centers, and regional malls.

4. Colliers International

Based in Canada, Colliers International has a presence in 68 countries and provides services for investors, owners, developers, and tenants in the commercial real estate arena. Serving the hotel, residential property, mixed-use, retail, and office sectors, Colliers International provides project management, investment services, landlord/tenant representation, asset management, valuation/advisory services, and property management. With more than 40 years in the business, the firm’s 2015 revenues were over $2.6 billion. In recent years, Colliers International has acquired other commercial real estate firms in Cincinnati, Nashville, New York City, Grand Rapids, MI, Columbus, OH, and other markets.

5. CBRE Group

Based in Los Angeles, CBRE Group has been around for over a century and is the world’s largest firm specializing in commercial real estate services and investment. Their suite of services includes property management and facilities management for tenants of commercial real estate, appraisal, brokerage, and leasing. In addition, the company’s Global Investors division facilitates real estate investment through investment funds, direct investment, and other vehicles. CBRE Group’s Global Investors division has nearly $90 million in assets currently under management. The company currently stands at #214 in Fortune 500 rankings—it has been included in the Fortune 500 every year, beginning in 2008.

6. JLL

Formerly Jones Lang LaSalle, Inc., JLL’s roots go back to 1783, when it was founded as Jones Lang Wootton. Based in Chicago, JLL has about 70,000 employees and over 230 offices in 80 different countries. In 2014, JLL’s global revenue was $4 billion, with interests in investment, leasing, property management, and development. JLL’s in-depth knowledge of LEED compliance makes them a go-to consultant for energy and sustainability services, including smart building solutions, alternative energy designs, and energy-efficient retrofits for existing properties. JLL’s size and assets are second only to CBRE in the commercial real estate field.

7. Newmark Knight Frank

Newmark Knight Frank (NKF) is a market leader among commercial real estate advisory firms. NKF is a fully integrated firm with services that include investment, consulting, property management, facilities management, valuation and appraisal, facilities and property management, and tenant/landlord representation. NKF’s portfolio includes industrial and retail properties that include landmarks like 666 Fifth Avenue and 34 W. 34th Street in NYC, The Wrigley Building in Chicago, The Confluence in Denver, and Thomas Place in Boston.

Get on top of the real estate industry

We hope you enjoyed finding out more about some of these top commercial real estate firms. They got where they are now thanks to smart management, innovation and diligent, hard work. With the right decisions, your commercial real estate firm can enjoy the same kind of success.

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