The Buildings Census.
This year, Buildings returns to an old format: a "matrix" of many of the leading industry players, with information specific to their operations, real estate holdings, and services. For ease in use, we have divided our Census into five general categories--Building Ownership and Development (firms
Buildings Census: Building Ownership and Development
Firms that develop, own, and/or manage commercial real estate
Company (Square Statistics/Pertinent Data
Feet/Millions) Jones Under management: Approximately 725
Lang LaSalle Inc. (725) million square feet of property in
Chicago, IL 100 markets on a local, regional, and
(312) 782-5800 global basis. Full-time facilities
www.joneslanglasalle.com professionals: Approximately 7,500,
working from three geographic regions--
the Americans, Europe, and Asia Pacific.
Research function tracks and interprets
market forces and economic trends for
company's offerings: Tenant
Representation, Property Management,
Development Services, Corporate
Property Services, Project and
Development Management, Agency Leasing,
Consulting, Finance, Sales,
Acquisitions, and Valuations.
Colliers According to the company website, total
International (442) employment at Colliers is 6,600
Boston, MA employees in 234 offices in 51
(617) 722-0221 countries. Presently, 442 million square
www.colliers.com feet of space are under management.
Colliers International is a corporation
of independently owned firms, offering
central control and account-ability
with each partner's entrepreneurial
solutions.
Lend Lease Real Estate With more than 1,700 employees, the
Investments Inc. (236.63) company has $35 billion in real estate
Atlanta, GA and commercial mortgages. Real estate
(404) 848-8600 assets include: Office space, totaling
www.lendleaserei.com 56 million square feet; Retail space,
totaling 30 million square feet;
Industrial space, totaling 39 million
square feet; 5,061 Hotel Rooms,
totaling 1.52 million square feet based
on Buildings' estimates of 300 square
feet/room; and 137,642 Multi-family
Units (includes 5,093 units of senior
living properties), totaling 110.1
million square feet based on Buildings'
estimates of 800 square feet/unit.
Insignia Financial Through its U.S. real estate services
Group Inc. (235) operation, Insignia/ESG, the property
New York City portfolio is 235 million square feet of
(212) 984-8000 commercial real estate: 161 million
www.insigniafinancial.com square feet in Office properties, 55
million square feet in Industrial
properties, 15 million square feet in
Retail properties, and 4 million
square feet in Mixed-use properties.
Number of U.S. professionals is 5,000;
Europe-, Asia-, and Latin America-based
professionals and another 1,500 to the
mix. For the first six months of 2002,
revenues totaled $257.3 million in
commercial real estate services.
ONCOR International This organization of 50 top-ranked,
(226-plus) privately owned commercial real estate
Washington, D.C. markets in 200 markets (North America,
(202) 452-1852 Latin America, Europe, Asia, South
www.oncorintl.com America), offers a comprehensive
selection of corporate-and investor-
related services. ONCOR reports 4,871
employees worldwide in 174 offices,
responsible for 226-plus million
square feet of space in Office,
Industrial, Investment, Retail, Land,
and Other areas.
Simon Property Owns or has an interest in 251
Group Inc. (187) properties containing more than 187
Indianapolis, IN million square feet of gross leasable
(317) 636-1600 are (GLA) in Regional Shopping Malls,
www.shopsimon.com Community Shopping Centers, and other
Retail environments throughout the
United States, with eight additional
assets in Europe and Canada. Employs
approximately 4,200 people. Marketing
strategy and a branding campaign have
resulted in an increase in occupancy
from one year ago, to 91.5 percent;
drives more than $41 billion in annual
sales.
Lincoln Property Number of Professionals involved full-
Company (182.6) time in facilities *: 4,300. 300 Office
Dallas, TX Buildings *: 70 million square feet. 26
(214) 740-3300 Shopping Centers *: 5 million square
www.lincolnproperty.com feet. 468 Healthcare Buildings *: 12
million square feet. 103,255 Units/
Multi-family Housing *: 82.6 million
square feet. 34 Industrial Buildings *:
13 million square feet. New
Construction in 2002 *: 11 Commercial
Projects, totaling 25 million square
feet, and 4,602 Multi-family Housing
Units, totaling 3.7 million square
feet. Provides Development Services,
Property Management and Leasing,
Advisory Services, Corporate Services,
and Tech Services.
ProLogis (182.4) According to published reports, ProLogis
Aurora, CO has 182.4 million square feet of space,
(303) 375-9292 of which 145.8 million square feet is
www.prologis.com in ownership as well.
General Growth Currently owns interest in and/or
Properties (135) manages 163 Shopping Malls in 41
Chicago, IL states, comprising approximately 135
(312) 960-5000 million square feet of Retail space.
www.generalgrowth.com 2001 revenues were $1.2 billion.
According to published reports,
General Growth has 3,429 full-time
employees. Most of the shopping centers
in the company portfolio are
strategically located in major and
middle markets where they have strong
competitive positions.
Equity Office Properties 767 buildings comprise 127.5 million
Trust (127.5) square feet of space (primarily Class
Chicago, IL A Office properties) in 21 states and
(312) 466-3300 the District of Columbia, and an
www.equityoffice.com ownership presence in 34 Metropolitan
Statistical Areas (MSAs) and in 146
submarkets. Equity Office has nearly
quadrupled in size since the company's
portfolio was taken public in July
1997, much of the growth through
strategic acquisitions including the
Beacon Properties merger (1997),
Cornerstone Properties merger (2000),
and Spieker Properties merger (2001).
PM Realty Group (120) This privately held real estate services
Houston, TX organization, with more than 1,000
(713) 209-5800 employees and 20 division and regional
www.pmrealtygroup.com offices, manages more than 120 million
square feet of Office, Industrial, R&D,
Manufacturing, Retail, Multi-family,
and Special-use space. Has directed
approximately $1 billion in
construction projects nationwide over
the last five years. PM Realty
maintains an in-house department
dedicated to quality-control services,
designed to measure operating
performance and benchmark against
best-in-class practices.
Duke Realty Corporation Number of Professionals involved full-
(115.9) time in facilities *: 319.270 Office
Indianapolis, IN Buildings *: 29.8 million square feet.
(317) 808-6000 10 Shopping Centers *: 818,000 square
www.dukerealty.com feet. Two Chain Stores *: 30,000 square
feet. 684 Industrial Buildings *: 85.3
million square feet. Development,
build-to-suit, leasing, construction,
asset and property management, and
tenant services support the needs of
its clients' businesses. Was named
Developer of the Year in 2001 by the
National Association of Industrial and
Office Parks (NAIOP).
Westfield America The vertically integrated group of
Inc. (90) companies involved in funding,
Los Angeles, CA creating, and managing a global
(310) 478-4456 portfolio of regional and super
www.westfield.com regional shopping centers reports
a portfolio of 108 shopping centres
in four countries, comprising more
than 80 million square feet of retail
space and including 16,600 retailers.
In the United States, the number of
centers is 61, with a total gross
leasable area of 62.4 million square
feet.
Hines (75) Number of Professionals involved full-
Houston, TX time in facilities *: 2,800. 152
(713) 621-8000 Office Buildings *: 70.4 million square
www.hines.com feet. Four Shopping Centers *: 1.53
million square feet. Three Multi-family
Housing Complexes (425 Units) *:
821,000 square feet. Eight Industrial
Buildings *: 2.25 million square feet.
New Construction planned for completion
in 2002 *: 4.5 million square feet;
Modernization planned for completion
in 2002 *: 1 million square feet.
Services includes asset management,
property management, marketing/leasing,
development/redevelopment, acquistion/
disposition, finance/accounting, and
engineering.
AEW Capital Management From the company's website, AEW manages
LP (74.1) "approximately $6.9 billion in capital,
Boston, MA which is invested in $10 billion of
(617) 261-9000 property and securities." In the United
www.aew.com States, Canada, and Europe, AEW manages
investments in more than 60 million
square feet of Commercial space; 15,000
Apartment Units (12 million square
feet, based on Buildings' estimates of
800 square feet/unit); and 7,000 Hotel
Rooms (2.1 million square feet, based
on Buildings' estimates of 300 square
feet/room). $20 million renovation of
Hotel 71 (formerly Executive Plaza),
Chicago, should be completed this fall.
Carter & Associates (67) Founded in 1958, Carter has over 500
Atlanta, GA professionals working in nine offices.
(404) 888-3000 A privately held company that has
www.carterusa.com always had a regional focus, Carter &
Associates offers its clients the
experience that comes from 42 million
square feet of developments and 25
million square feet of managed and
leased properties, according to
information supplied on the company
website. In 2001 alone, the company
completed $650 million in commercial
real estate transactions.
CBL & Associates Number of Professionals involved full-
Properties time in facilities *: 900. One Office
Inc. (62.4) Building *: 150,000 square feet. 158
Chattanooga, TN Shopping Centers: 62.37 million square
(423) 855-0001 feet. Dollars devoted toward Capital
www.cblproperties.com expenditures in 2002 *: $120 million.
Dollars devoted toward Operational
expenditures in 2002 *: $122 million.
Projects slated for completion in
2002 *: 1.47 million square feet in
New Construction; 7.54 million square
feet in Modernization. This REIT
focuses on middle-market areas and is
the largest owner of malls/shopping
centers in the Southeast United States.
Faison Enterprises Inc. With properties exceeding $1.3 billion
(60/75) in value, the private merchant bank
Charlotte, NC employs more than 500 workers. Has
(704) 972-2500 developed over 15 million square feet
www.faison.com of commercial real estate properties;
more than 60 million square feet of
space is under mangement, including
high-rise and suburban office
properties, regional malls, retail
power centers, neighborhood shopping
centers, business office parks, and
industrial properties.
The Rouse Company (57.3) Operates approximately 200 properties,
Columbia, MD which encompass retail, office,
(410) 992-6000 research and development, industrial,
www.therousecompany.com and hotel space. Owns and/or operates
50 Regional Retail Centers and three
Community Centers, totaling more than
44.6 million square feet. owns and/or
operates five Mixed-use projects (0.8
million square feet of Retail space and
1.9 million square feet of Office
space), and an additional 10 million
square feet of Office/Industrial space.
Acquired eight new "A" class retail
centers early this year with the $1.45
billion purchase of properties from
Rodamco North America N.V.
Developers Diversified Company reports indicate Developers
Realty (56) Diversified Realty has 200 Shopping
Beachwood, OH Centers (including 37 business
(216) 755-5500 centers), totaling 56 million suqure
www.ddrc.com feet. As of February 2002, the company
had six shopping centers under
development, and its joint ventures had
three shopping centers under
development. In 2001, company completed
the Modernization (expansion and
redevelopment) of seven shopping
centers at an aggregate cost of $13.7
million, as well as New Construction
for developments in Everett, MA. and
Kildeer, IL.
Kimco Realty One of the nations largest owners and
Corporation (52.9) operators of Neighborhood and Community
New Hyde Park, NY Shoppping Centers. 525 properties in 42
(516) 869-9000 states and Canada, totaling 52.9
www.kimcorealty.com million square feet. Serves more than
2,000 individual tenants.
Liberty Property 234 Office Buildings *: 16 million
Trust (50) square feet. 417 Industrial Buildings *:
Malvern, PA 34 million square feet. Number of
(610) 648-1700 Professionals involved full-time in
www.libertyproperty.com facilities *: 300. New Construction
projects under way/completed in 2002 *:
2.2 million square feet.
Trizec Properties Formerly known as TrizecHahn Corp., the
Inc. (49) launch of Trizec Properties Inc., a
New York, NY publicly traded U.S. real estate
(212) 382-9300 investment trust (REIT), was completed
www.trz.com in May 2002. Company portfolio of 73
Office properties total 49 million
square feet and are concentrated in
seven major cities: Atlanta, Chicago,
dallas, Houston, Los Angeles, New York,
and Washington, D.C.
Tishman Speyer With 25 offices in the United States,
Properties (48) Europe, and South America. Tishman
New York, NY Speyer is best known for its high-rise
(212) 715-0300 office buildings and signature
www.tishmanspeyer.com properties and owns two of the most
famous pieces of the Big Apple:
Chrysler Building and Rockefeller
Center. Since its formation, the
company has developed or acquired a
portfolio of over 48 million square
feet of constructed area, valued at
over $10 billion. Is renowned for
redeveloping existing properties with
and emphasis on integrating the
building with its surroundings.
Brookfield Properties Portfolio of 50 commercial properties
Corporation (44) features primarily large Class A office
New York, NY properties that average 1.4 million
(212) 417-7000 square feet of leasable area in each
www.brookfield- building. Brookfield's Investor Profile
properties.com publication notes ownership at 44
million square feet of space. In
addition to office properties,
Brookfield is also involved in the
development of master-planned
communities.
The Macerich Company (41) Company owns or has an ownership
Santa Monica, CA interest in 46 Regional Shopping
(310) 394-6000 Centers and four Community Shopping
www.macerich.com Centers, aggregating 41 million square
feet of gross leasable area (44 contain
more than 400,000 square feet of GLA).
Completed 154 leases for 415,763 square
feet of space in its shopping centers
during first-quarter 2002. Macerich
focuses on acquisition, redevelopment,
management, and leasing of regional
shoppping centers.
The Gale Company (40) Facilities professionals employed *: 320.
Florham Park, NJ 50-plus Office Buildings *: 40 million
(973) 301-9500 square feet. Formerly known as Gale &
www.thegalecompany.com Wentworth, The Gale Co. offers
investment and development, marketing
and leasing, asset management,
construction, property/facility
management, corporate advisory
services, financing, and asset
disposition. The company's partnership
with Morgan Stanley and Steelcase has
resulted in Workstage, a building and
process delivery system that offers
clients speedy construction, cost
efficiencies, and flexibility for new
and renovated facilities.
Chesterton Blumenauer From Philadelphia office of
Binswanger Company (40) Binswanger *: Office Buildings total
Philadelphia, PA 40 million square feet. 2002 Capital
(215) 448-6200 Expenditures *: $40 million. Chesterton
www.cbbi.com Blumenauer Binswanger offers multi-
national corporations a full range of
real estate services through 160
offices on five continents. Company
combines centralized communications and
information systems to minimize
traditional barriers of time, language,
and geography.
Vornado Realty Trust According to company information from
(38.9-plus) its website Vornado has responsibility
Paramus, NJ over 73 office properties, totaling
(201) 587-1000 27.2 million square feet, owns 55
www.vno.com shopping centers, totaling 11.3 million
square feet; and a hotel property. The
Hotel Pennsylvania (1,700 rooms with
400,000 square feet of commercial space
opposite Madison Square Garden in
Manhattan). To maintain its REIT
status, the company spun off property
management arm Vornado Operating Co.
Penattoni Development Office Buildings *: 7.27 million square
Company (36.11) feet. Industrial Buildings *: 28.84
Sacramento, CA million square feet. Number of
(916) 381-1561 Professionals involved full-time in
www.panattoni.com facilities *: 122. New. Construction
projects under way/completed in 2002 *:
5.5 million square feet. Dollar volume
of spending devoted toward facilities
in 2002 *: Capital, $180 million;
Operational, $5.4 million.
Boston Properties 127 Office Buildings *: 30.26 million
Inc. (31.79) square feet. Three Hotel/Motel
Boston, MA Buildings (1,054 Units) *: 937,874
(617) 236-3300 square feet. Five Industrial Buildings:
www.bostonproperties.com 593,222 square feet. This self-
administered and self-managed real
estate investment trust (REIT)
concentrates in four core markets--
Boston, Washington, D.C., Midtown
Manhattan, and San Francisco. As of
June 2002, the company had nine
properties under development, totaling
3.3 million square feet. Company is one
of the largest owners, acquires, and
developers of Class A office properties
in the United States.
The Beitler Company (30) This developer of more than 10 million
Chicago, IL square feet of landmark Class A office
(312) 899-5277 properties in Chicago has a management
www.miglinbeitler.com portfolio of 30 million square feet in
16 states, as well as privatization of
the management of the largest public
building in Chicago, the Richard J.
Daley Center. Completed in 2002: the
1.5 million-square-foot office/retail
center in Chicago, Dearborn Center.
Mack-Cali Realty (27.48) Number of Professionals involved full-
Cranford, NJ time in facilities *: 200. 246 Office
(908) 272-8000 Buildings *: 27.08 million square feet.
www.mack-cali.com Two Shopping Centers *: 17,300 square
feet. Six Industrial Buildings *:
387,400 square feet. Five New
Construction * properties are currently
under way and/or slated for completion
in 2002, totaling more than 2.03
million square feet.
Colson & Colson Six Office Buildings *: 175,000 square
Construction (27.2) feet. Four Chain Stores *: 20,000
Salem, OR square feet. 257 Multi-family Housing
(503) 370-7070 Buildings *: 27.003 million square
feet. Number of Professionals involved
full-time in facilities *: 200. New
New Construction projects under way/
completed in 2002 *: 1.87 million
square feet.
Opus National LLP (26) Composed of design, construction, and
Minnetonka, MN development companies with 28 locations
(952) 656-4444 in the regional operating centers
www.opuscorp.com throughout the country--Opus East LLC,
Opus North Corp. Opus Northwest LLC
Opus South Corp., and Opus West Corp.
--the organization has over 26 million
square feet of commercial space planned
or under development. Start-to-finish
capabilities include real estate
development, architecture and
engineering, construction, property
management, financing, and leasing.
CarrAmerica Realty 290 Office Buildings *: 25 million
Corporation (25) square feet. New Construction slated
Washington, D.C. for completion in 2002: 853,470 square
(202) 729-1700 feet. Committed to becoming America's
www.carramerica.com leading workplace company by meeting
the rapidly changing needs of its
customers, real estate services include
property management, facilties
management, leasing, and development
services. Strategic interests/
partnerships include a webbased
operations platform company and an
energy management consultant.
Hamilton Partners 78 Office Buildings *: 8.98 million
Inc. (21.34) square feet. Seven Shopping Centers *:
Itasca, IL 1.216 million square feet. 106
(630) 250-9700 Industrial Buildings *: 11.138 million
www.hamiltonpartners.com square feet. Number of Professionals
involved full-time in facilities *:
235.
S.L. Nusbaum 25 Office Buildings *: 1.46 million
Realty (20.1) square feet. 60 Shopping Centers *:
Norfolk, VA 7.8 million square feet. 13,530 Multi-
(757) 627-8611 family Housing Buildings/Units *:
www.slnusbaum.com 10.824 million square feet. Number of
Professionals involved full-time in
facilities *: 39.
Childress Klein Among its 20 million-plus-square-foot
Properties (20-plus) real estate portfolio, Childress Klein
Atlanta, GA Properties reports the following: 12
(770) 859-1200 Office Buildings, totalling 11.5-plus
www.childressklein.com million square feet. 17 Shopping
Centers and five Eckerf Drug standalone
Chain Stores (52,232 square feet), for
1.1-plus million square feet of total
Retail. 20 Industrial Buildings,
totalling 7.6-plus million square feet.
Under construction: Promenade Shopping
Center, Charlotte, NC, a 297,000-
square-foot, dual-phase center on 48
acres. First and second phase complete
(last in August); openings to continue
into 2003.
Spaulding & Slye A corporte partner of Colliers
Colliers (19.6) International, Spaulding & Slye
Boston, MA/ Colliers offers full corporate services
Washington, D.C. in the primary markets of Boston (431
(617) 523-8000/ employees) and Washington, D.C. (140
(202) 478-2300 employees). Construction work increased
www.spauldslye.com from 5.6 million square feet completed
in 2000 to 6.4 million square feet
completed in 2001. Currently, 13.2
million square feet are under
development, and the company is
brokering 125 transactions for the GSA.
The Richard E. Jacobs Office properties: nearly 3 million
Group Inc. (18.72) square feet in downtown Cleveland.
Cleveland, OH Retail properties: operates nearly 15
(440) 871-4800 million square feet of Regional Mail
www.rejacobsgroup.com space. In the past several months has
sold nine malls to Westfield America
Trust. Hospitality properties: 19
hotels (2,400 rooms), totaling 720,000
square feet based on Buildings'
estimates of 300 square feet/room. The
1.3 million-square-foot Triangle Town
Center, Raleigh, NC, opened in August.
RREEF (18) 157 Industrial Buildings *: 18 million.
San Francisco, CA Number of Professionals involved full-
(415) 781-3300 timein facilities *: 22. Projects under
www.rreef.com way/completed in 2002 *: New
Construction, 750,000 square feet;
Modernization, "Ongoing."
Host Marriott 122 Hotel Properties, representing
Corp. (17.5) 58,000 rooms: Buildings' estimates
Bethesda, MD project 17.5 million square feet of
(301) 380-9000 space in rooms alone (based on 300
www.hostmarriott.com square feet/room). $230 million was
spent on capital improvements in
existing properties in 2001--part of an
aggressive but regularly scheduled
refurbishment and capital improvement
program company-wide.
Counsins Properties Inc. Total reocrded company-wide employment
(17.3) is 431. 38 Office Buildings: 13.3
Atlante, GA millions square feet. 12 Shopping
(770) 955-2200 Centers: 3.06 millions square feet. Six
www.cousinsproperties.com Healthcare Buildings: 939,000 square
feet. According to company's
Development Pipeline report (5/02), two
office projects of 100-percent
ownership and one medical office of
50-percent ownership are in the works.
The Alter Grous (17) Number of Professionals involved full-
Skokie, IL time in facilities *: 160. Office
(847) 676-4300 Buildings *: 10.89 million square feet.
www.altergroup.com Healthcare Buildings *: 1 million
square feet. The company reports New
Construction projects of 6.71 million
square feet are under way and/or stated
for completion in 2002.
Sobrato Development Family owned, Sobrato boasts an
Companies (16.6) commercial portfolio of 120 buildings,
Cupertino, CA totaling over 11 million square feet
(408) 446-0700 through California's Santa Clara and
www.sobrato.com southern Alameda counties. Also owns
more than 400 acres of land in
strategic areas throughout San Jose,
Fremont, Newark, and Santa Clara.
Company has expanded into the related
field of multi-family development,
owning more than 7,000 apartment homes
(5.6 million square feet at Buildings'
estimates of 800 square feet/unit).
Forest City Enterprises The Commercial Group, the company's
Inc. (16.5) largest business unit, owns, develops,
Cleveland, OH acquires, and operates regional malls,
(216) 621-6060 specialty/urban retall centers, office
www.fceinc.com buildings, hotels, and mixed-use
projects. Of 39 Retail properties, 13
Regional Malls total 4.1 millions
square feet, and 26 Specialty Retail
Centers total 5 million squaer feet. 26
Office properties and eight hotels
(2,939 rooms) contain 7.4 million
square feet.
Rose Associates 19 Office Buildings *: 3.33 millions
Inc. (16.27) square feet. 12 Chain Stores *: 97,105
New York, NY square feet. 70 Multi-family Housing
(212) 210-6666 Buildings (16,000 Units) *: 12.84
www.rosenyc.com million square feet.
Oakwood Property 45 Multi-family Housing Buildings
Services (16) (20,000 Units) *: 16 millions square
Cranberry Township, PA feet, based on Buildings' estimates of
800 square feet per unit. Number of
Professionals involved full-time in
facilities *: 60. Modernization
projects under way/completed in 2002 *:
4,000 Units.
Lefrak One of the largest residential
Organization (13.76) development and management companies
Rego Park, NY in the New York metropolitan area,
(718) 459-9021 Lefrak Organization's major developments
www.lefrak.com include Lefrak City, New York City
(5,000 Units at 4 million square feet
based on Buildings' estimates of 800
square feet/unit); Battery Park, New
York City (2,200 Units at 1.76 million
square feet based on Buildings'
estimates); and the under-construction
Newport City, Jersey City, NJ (10,000
Units at 8 million square feet based
on Buildings' estimates).
Dominium (13.6) 160 Multi-family Housing Buildings
Plymouth, MN (17,000 Units) *: 13.6 million square
(763) 559-1711 feet based on Buildings's estimates
of 800 square feet/unit. Number of
Professionals involved full-time in
facilities*:100. Projects under way/
completed in 2002 *: New Construction,
1,000 Units; Modernization, 500 Units.
Dollar volume of spending devoted
toward facilities in 2002 *: Capital,
$70 million.
Westcor (13) This fully integrated real estate
Phoenix, AZ development and management company and
(602) 953-6200 leader in the Phoenix metropolitan
www.westcor.com retail industry reports 13 million
square feet of retail space, with a
current value in excess of $1 billion.
Currently, Westcor's Portfolio
includes 34 shopping centers.
Great Atlantic 15 Office Buildings *: 700,000 square
Managemnet LLC (12.76) feet. One shopping Center *: 60,000
Hampton, VA square feet. 300 Multi-family Housing
(757) 896-3400 Buildings (15,000 Units) *: 12 million
www.Great-Atlantic.com square feet based on Buildings'
estimates of 800 square feet/unit.
Number of Professionals involved
full-time in facilities *: 200.
Modernization projectgs under way/
completed in 2002 *: 500,000 square
feet. Dollar volume of spending in 2002
devoted to facilities*: Capital, $5
million-plus; Operational, $15 million.
Oxford Development With current oversight responsibility
Company (12.5) for more than 12.5 million square feet
Pittsburgh, PA of real estate assets, this "closely
(412) 261-1500 held, family-owned" business has
www.oxford-pgh.com completed $145 million of construction
over the past five years. Oxford is
organized into four major operating
divisions: asset and property
management; office, industrial, and
retail leasing and brokerage; real
estate development and construction
management; and operating businesses.
Watson Land Six Office Buildings *: 710,489 square
Company (11.57) feet. 90 Industrial Buildings*: 10.86
Carson, CA million square feet. Number of
(310) 952-6400 Professionals involved full-time in
www.watsonlandcompany.com facilities*: 35.
L&H Real Estate 18 Shopping Centers *: 9.7 million
Group (10.8) square feet. One other Commercial
Chicago, IL Building *: 1.1 million square feet.
(312) 780-1933 Number of Professionals involved full-
www.Ihreg.com time in facilities *: 30. Modernization
projects under way/completed in 2002*:
400,000 square feet. Dollar volume of
spending in 2002 devoted toward
facilities *: Capital, $1.2 million;
Operational, $500,000.
Ohio Equities LLC (10.06) 55 Office Buildings *: 4.87 million
Columbus, OH square feet. 10 Shopping Centers *:
(614) 224-2400 1.023 million square feet. Two
www.ohioequities.com Educational Buildings *: 255,00 square
feet. 34 Multi-family Housing
Buildings (725 Units) *: 579,795
square feet. One Government Building *:
155,000 square feet. 16 Other
Commercial Buildings *: 2.74 million
square feet. Seven Industrial
Buildings *: 438,600 square feet. Number
of Professionals involved full-time in
facilities *: 75. Projects under way/
completed in 2002 *: New Construction,
563,600 square feet; Modernization,
180,000 square feet. Dollar volume of
spending in 2002 devoted toward
facilities *: Capital, $1 million;
Operational, $325 million.
Resun Leasing Inc. (10.5) Office Buildings *: 4 million-plus
Dulles, VA square feet Educational Buildings *:
(703) 661-6190 5 million-plus square feet. Number
www.resunleasing.com of Professionals involved full-time
in facilities *: 200 Number of New
Construction projects under way/
completed in 2002 *: 300-plus.
Number of Modernization project
under way/completed in 2002 *: 50.
Dollar volume of spending in 2002
devoted toward facilities *: Capital,
$70 million; Operational, $9 million.
Silvenstein Properties Silverstein oversees more than 10
Inc. (10) million square feet of Manhattan office
New York, NY space, including the U.S.'s largest
(212) 840-2057 apartment complex. Family owned and
privately held, the company vows to
rebuild the World Trade Center (with
Westfield America, a $3.2 billion, 99-
year, right-to-lease of the World
Trade Center from The Port Authority
of New York and New Jersey was signed
in Summer 2001).
Prime Group Realty 21 Office Buildings *: 6.6 million square
Trust (9.8) feet. 14 Industrial Buildings *: 3.2
Chicago, IL million square feet. Number of
(312) 917-1300 Professionals involved full-time in
www.pgrt.com facilities*: 100. New Construction
projects under way/completed in 2002 *:
1.4 million square feet. Dollar volume
of spending in 2002 devoted toward
facilities *: Capital, $18 million;
Operational, $109 million.
Parkway Properties 57 Office Buildings *: 9.63 million
Inc. (9.6) square feet. Number of Professionals
Jackson, MS involved full-time in facilities *:
(601) 948-4091 200. Dollar volume of spending in 2002
www.pky.com devoted toward facilities*: Capital,
$17.18 million; Operational, $64.95
million.
Harbor Group Int'l. 68 Office Buildings *: 4.38 million
LLC (9.45) sqaure feet. 19 Shopping Center *:
Norfolk, VA 1.375 million square feet. Two Chain
(757) 640-0800 Stores *: 157,032 square feet. 273
www.harborgroupint.com Multi-family Housing Buildings
(3,073 Units) *: 2.458 million
square feet. 19 Industrial Buildings *:
1.077 million square feet. Two Parking
Garages (square footage not given).
Number of Professsionals involved
full-time in facilities *: 12.
Modernization projects under way/
completed *: 20. Dollar volume of
spending in 2002 devoted toward
facilities *: Capital, $10 million;
Operational, $45 million.
Loeb Partners 20 Office Buildings *: 6.7 million
Realty (9.19) square feet. Six Shopping Centers *;
New York, NY 1.4 million square feet. 220
(212) 883-0360 Hotel/Motel Units *: 66,000 square
www.loebrealty.com feet. 1,113 Multi-family Housing
Units *: 890,400 Two Other Commercial
Buildings *: 132,000 square feet.
MIE Properties (9) With 1,300 tenants, MIE Properties
Baltimore, MD reports 9 million square feet of space
(410) 788-0100 in office and office/flex properties.
www.mieproperties.com
The Rubenstein Owns, manages, leases, and operates a
Company LP (9) substantial portfolio of commercial
Philadelphia, PA office buildings in Pennsylvania,
(215) 563-3558 Delaware, Virginia, and Georgia,
www.trclp.com totaling 9 million square feet. Tenant
base generally consists of Fortune 500
corporations, insurance and financial
firms, law firms, and high-quality,
locally based companies. With 110
employees, approximately 50 real estate
professionals provide in-house
expertise in all aspects of real estate
acquisition, development, property and
construction management, leasing,
legal, and accounting.
Ryan Companies (8.5) Ryan's property management team provides
Minneapolis, MN services for over 8.5 million square
(612) 492-4000 feet of office, industrial, and retail
www.ryancompanies.com space. Development services include
site selection, government approvals,
design and construction for new
developments, redevelopments, and
renovations. Company has completed more
than 700 design-build projects in 120
cities and 12 states over the past
decade. Most notable recent project:
Target Corp.'s downtown Minneapolis
headquarters, which was completed in
2001.
New York Life Investment One Office Building *: 361,500 square
Management LLC (8.14) feet. 25 Shopping Centers *: 1.38
New York, NY million square feet. One Multi-family
(973) 394-3000 Housing Building *: 50,000. 19
www.nylim.com Industrial Buildings *: 6.35 million
square feet. Number of Professionals
involved full-time in facilities *: 3.
Dollar volume of spending in 2002
devoted to facilities *: Capital, $4.5
million; Operational, $36 million.
Cummings Properties 62 Office Buildings *: 6.1 million
LLC (8.13) square feet. Four Multi-family Housing
Woburn, MA Buildings (407 Units): 325,000 square
(781) 935-8000 feet based on Buildings' estimates of
www.cummings.com 800 square feet/unit. 21 Industrial
Buildings *: 1.7 million. Number of
Professionals involved full-time in
facilities *: 82. Projects under
way/completed in 2002 *: New
Construction, 804,000 square feet;
Modernization, 210,000 square feet.
Dollar volume of spending in 2002
devoted to facilities *: Capital, $47
million; Operational, $43 million.
Preferred Real Estate 26 Office Buildings *: 4.5 million
Investments Inc. (8) square feet. 12 Industrial Buildings *:
Conshohocken, PA 3.5 million square feet. Number of
(610) 834-1969 Professionals involved full-time in
www.preferredereal- facilities *: 35. Projects under
estate.com way/completed in 2002 *: New
Construction, 200,000 square feet;
Modernization, 700,000 square feet.
Dollar volume of spending in 2002
devoted toward facilities *: Capital,
$1.66 million; Operational, $23.18
million.
The Durst Organization According to published reports, The
Inc. (7.5) Drust Organization has on Office
New York NY portfolio of more than 7.5 million
(212) 789-115 square feet of space. Under New
www.durst.org Construction is the New York
CyberCenter, a 300,000-square-foot
telecom hotel that will house an
on-site, privately owned and certified,
ultra-reliable cogeneration facility --
noted to be the first "from scratch"
data center in Manhattan.
Rudin Management (7.5) Company has developed, and now owns and
New York NY manages 14 office buildings in New York
(212) 407-2400 City, containing approximately 7.5
www.rudin.com million square feet. Latest project is
the New York Information Technology
Center (NYITC) at 55 Broad Street, one
of the most technically sophisticated
office environments in the country.
Sun Life Financial (7.27) 23 Office Buyildings *: 2.088 million
Wellesley Hills, MA square feet. 17 Shopping Centers *:
(800) 786-5433 1.43 million square feet. 22 Industrial
www.sunlife.com Buildings *: 3.75 million square feet.
Number of Professionals involved
full-time in facilities *: 5.
Modernization projects under
way/completed in 2002: 500,000 sqaure
feet.
The John Akridge 16 properties total 7 million square
Companies (7) feet of office, industrial, retail,
Washington, D.C. entertainment, and residential space
(202) 638-3000 in Northern Virginia, suburban
www.akridge.com Maryland, and downtown Washington.
Company employs 110 professionals; 12
properties are listed on the
Akridge.com website as being planned
or under construction.
Emory Hill (6.92) 23 Office Buildings *: 2 million square
New Castle, DE feet. Three Shopping Centers *: 120,000
(303) 322-9500 square feet. 1,000 Multi-family
www.emoryhill.com Housing Units *: 800,000 square feet
based on Buildings' estimates of 800
square feet/unit. 32 Industrial
Buildings *: 4 million square feet.
Number of Professionals involved
full-time in facilities *: 10. Projects
under way/completed in 2002 *: New
Construction, 300,000 square feet;
Modernization, 60,000 square feet.
Koger Equity Inc. (6.9) Owns and operates about 12 Office Parks
Jacksonville, FL in the Southeast, with a total of 120
(904) 732-1000 office buildings in eight metropolitan
www.koger.com areas. Total portfolio reported is
6.9 million square feet. Of 180
reported employees, approximately 63
perform maintenance work. Koger has
designed and constructed most of the
buildings it now owns, operates, and/or
manages. It also owns approximately 85
acres of unimproved land.
Buildings Census: Building Management
Firms that manage commercial/institutional/governmental facilites
for other owners
Company (Square Feet/Millions) Statistics/Pertinent Data
Trammell Crow Company (612) Office Buildings *: 142 million square
Dallas, TX feet. Shopping Centers *: 45 million
(214) 863-3000 square feet. Other Commercial
www.trammellcrow.com (facilities management for office,
industrial, and retail) *: 244 million
square feet. Industrial Buildings *: 181
million square feet. Number of
Professionals involved full-time in
facilities *: 6,500. Company delivers
three core services--management,
transaction, and development and
project management--to corporate and
institutional customers. Company
reorganized its business, effective
January 2001, into Global Services and
Development and Investment.
UNICCO Service Company (574) 1,400 Office Buildings *: 173 million
Newton, MA square feet. 70 Shopping Centers *: 110
(614) 527-5222 million square feet. 5,300 Chain
www.unicco.com Stores *: 19 million square feet. 760
Educational Buildings *: 45 million
square feet. 12 Healthcare Buildings *:
8 million square feet. 30 Government
Buildings *: 21 million square feet.
1,870 Other Commercial Buildings *: 23
million square feet. 1,050 Industrial
Buildings *: 175 million square feet.
Number of Professionals involved
full-time in facilities *: 20,000
CB Richard Ellis Inc. (540) Office Buildings *: 540 million square
Los Angeles, CA feet. Number of Professionals involved
(213) 613-3333 full-time in facilities *: 9,500-plus.
www.cbre.com Office locations: 250 principal offices
across 47 countries. Revenues in 2001:
$1.17 billion. Divisions include:
Transaction Management (Brockerage
Services, Corporate Services,
Investment Properties), Management
Services (Asset Services, Project
Management, Facilities Management);
and Financial Services (L.J. Melody
& Co.-Mortgage Banking, Valuation and
Advisory, CB Richard Ellis Investors,
Global Capital Markets Group).
Cushman & Wakefield Inc. (Statistics provided by New York office
(307.3) 2,800 Office Buildings *: 194 million
New York, NY square feet. 1,200 Retail Centers *: 46
(212) 841-7500 million square feet. 500 Other
www.cushwake.com Commercial Buildings *: 30.3 million
square feet. 800 Industrial Buildings *:
37 million square feet. Number of
Professionals involved full-time in
facilities *: 5,800. Cushman & Wakefield
Inc. (C&W) offers integrated solutions
through strategic planning, portfolio
analysis, site selectin, and space
location, as well as buying, financing,
selling, leasing, managing, and voluing
property.
Consolidate Engineering 987 Office Buildings *: 64.67 million
Serivces (169.49) square feet. 514 Chain Stores *: 11.72
Arlington, VA millin square feet. 209 Educational
(703) 553-7500 Buildings *: 7.94 million square feet.
www.ces-engineers.com 324 Healthcare Buildings *: 4.84 million
square feet. One Hotel/Motel Building *:
300,000 square feet. 11 Multi-family
Housing Buildings *: 600,000 square
feet. 228 Government Buildings *: 6.7
million square feet. 1,657 Other
Commercial Buildings *: 40.63 million
square feet. 337 Industrial Buildings *:
32.09 million square feet. Number of
Professinals involved full-time in
facilities *: 3,400. Dollar volume of
spending in 2002 devoted toward
facilities: $77 million (MRO).
Grubb & Ellis (142) With the collective resources of more
New York, NY/Northbrook, IL than 8,000 people in over 200 offices
(212) 759-9700/(847) 753-7500 in 30 countries, Grubb & Ellis' total
www.grubb-ellis.com portfolio of space managed for outside
clients is 142 million square feet,
based on published information.
GVA Worldwide (140) This international organization of real
Evanston, IL estate industry leaders in key markets
(847) 733-0883 in over 20 countries serves more than
www.gvaworldwide.com 70 markets. The organization comprises
2,600 real estate professionals. In its
last report, GVA Worldwide partners
collectively completed $8 billion
transactions and managed more than 140
million square feet of office,
industrial, retail, and specialized
property.
Divaris Property Management According to information published on
Corporation (104) its website, the organization presently
Virginia Beach, VA manages and/or leases 52 million square
(757) 497-2113 feet of retail space; 40 million square
www.divaris.com feet of office space: and 12 million
square feet of industrial space
nationwide. Expansion programs,
disposition of surplus locations,
market entry strategies, exit
negotiations, and acquisition programs
are part of the company offering.
Pinnacle Realty Management Pinnacle oversees a portfolio valued at
Company (96.7) $4.3 billion that includes 16.7 million
Seattle, WA square feet of commercial space and
(206) 215-9700 approximately 100,000 apartment uints
www.pinnaclerealty.com (80 million square feet based on
Buildings' estimates of 800 square
feet/unit). Employing more than 3,100
people, Pinnacle operates from four
regional offices and more than 35
branch offices across the United States
and Western Canada.
Transwestern Commercial With 23 full-service offices across the
Services (94) United States, Transwestern close to
Chicago, IL 100 million square feet in 650
(312) 499-1900 properties. Approximately 160 Office
www.transwestern.net Buildings and 15 Shopping Centers *: 64
million square feet. Approximately 75
Industrial Buildings *: 30 million
square feet.
UBS Realty Investors LLC (80) According to published reports, UBS
Harford, CT Realty investors LLC manages 80 million
(860) 616-9000 square feet of space, including 32,717
www.ubs.com apartment units and 3,553 hotel rooms.
Sentry Management Inc. (80) Employing a highly skilled professional
Longwood, FL staff of over 300 people as property
(407) 788-6700 managers, leasing agents, bookkeepers,
www.sentrymgt.com administrative, and maintenance staff,
Sentry Currently manages over 600
condominiums and homeowner associations,
comprising over 100,000 homes (80
million square feet based on Buildings'
estimates of 800 square foot/unit).
Heitman (69.7) According to published reports, Heitman
Chicago, IL has 69.7 million square feet of space
(312) 855-5700 under management for outside
www.heitman.com clients.
Highwoods Properties Inc. (47) Company currently owns or has an
Raleigh, NC interest in 594 office, industrial,
(866) 449-6637 retail and service center properties,
www.highwoods.com encompassing approximately 47 million
square feet, including 18 development
projects of approximately 1.8 million
square feet. The company also controls
nearly 1,500 acres of land for
future development.
New Plan Excel Realty Trust As of March 31, 2002, the company's
Inc. (46.69) website reported 46.69 million square
New York, NY feet of gross leasable area in its
(212) 869-3000 retail portfolio. Of this, 304 are
www.newplanexcel.com community and neighborhood shopping
centers, six are factory outlet centers,
37 are single-tenant properties, five
are enclosed malls and specialty retail
properties, and nine are miscellaneous
properties.
Urban Retail Properties Shopping Centers *: 41 million
Company (41) square feet.
Chicago, IL
(312) 915-2000
www.urbanretail.com
Legum/Norman Realty Inc. Number of Professionals involved
(40.73) full-time in facilities *: 107. Three
Alexandria, VA Hotel/Motel Buildings (628 Units) *:
(703) 600-6000 188,400 square feet 201 Multi-family
www.legumnorman.com Housing Buildings (50.681 Units) *:
40.54 million square feet:
Adventis Real Estate Services 202 Office Buildings *: 23.79 million
(30.19) square feet. 35 Shopping Centers *:
Atlanta, GA 4.09 million square feet. 953
(404) 262-2828 Multi-family Housing Buildings *:
www.advantisgva.com 824,539 square feet. 13 Industrial
Buildings *: 1.49 million square feet.
Number of Professionals involved
full-time in facilities *: 262.
Charles Dunn Company (30-plus) Recognized as a West Coast leader in
Los Angeles, CA real estate management service, Charles
(213) 683-0500 Dunn Co. has earned a reputation for
www.charlesdunn.com management exceilence from a client
base of individuals, investors,
financial institutions, and public
agencies. According to the company
website, the company manages over
30 million square feet of office,
industrial, retail, residential, and
mixed-use properties for third-party
clients.
Cohen-Esrey Real Estate 28 Office Buildings *: 4.6 million
Services (20.18) square feet. 14 Shopping Centers *:
Kansas City, MO 3.85 million square feet. 99
(816) 531-8100 Multi-family Housing Buildings (10,026
www.cohenesrey.com Units) *: 10.627 million square feet.
Six Industrial Buildings *: 1.1 million
square feet. Number of Professionals
involved full-time in facilities *: 550.
S.L. Nusbaum Realty Company 25 Office Buildings *: 1.46 million
(20.1) square feet. 60 Shopping Centers *:
Norfolk, VA 7.8 million square feet. 13,530
(757) 627-8611 Multi-family Housing Buildings/Units *:
www.sinusbaum.com 10.824 million square feet. Number of
Professionals involved full-time in
facilities *: 39.
Quardrelle Group Inc. (20) 30 Industrial Buildings *: 20 million
Larchmont, NY square feet. Number of Professionals
(914) 834-2600 involved full-time in facilities *: 35.
www.quadrelle.com Dollar volume of spending in 2002.
devoted to facilities *: Capital, $20
million. Operational, $10 million.
Bartlein & Company Inc. 18 Office Buildings *: 1 million square
(19.37) feet. Eight Shopping Centers *: 250,000
Santa Barbara, CA square feet. 800 Multi-family Housing
(805) 569-1121 Buildings (22,000 Units) *: 18 million
www.bartlein.com square feet. Six Other Commercial
Buildings *: 100,000 square feet. Three
Industrial Buildings *: 20,000 square
feet. Number of Professionals involved
full-time in facilities *: 22. Dollar
volume of spending in 2002 devoted to
facilities *: Capital $2 million;
Operational, $50 million.
Arden Realty Inc. (18.8) Including two properties currently under
Los Angeles, CA development, Arden's total portfolio
(310) 966-2600 consists of 135 properties and
www.ardenrealty.com approximately 18.8 million retable
square feet of space. 131 office
buildings total 18.1 million square
feet and two industrial buildings total
170,440 square feet.
Insignia Thalhimer (17.8) Formerly known as Morton, G. Thalhimer,
Richmond, VA Insignia Thalhimer's Commercial
(804) 648-5881 Brokerage Group's, 54 marketing
www.thalhimer.com representatives cover Virginia, and the
total property management portfolio
reported consists of 17.8 million
square feet of space.
Merdian Management Six Office Buildings *: 400,000 square
Corporation (17.34) feet. 72 Educational Buildings *: 4
Ponte Vedra, FL million square feet 512 Multi-family
(904) 285-3400 Housing Buildings *: 1.1 million square
feet. 43 Government Buildings *: 11.84
million square feet. Number of
Professionals involved full-time in
facilities *: 264. Dollar volume of
spending in 2002 devoted to
facilities *: Capital, $1 million;
Operationa, $30 million.
Mid-America Asset Management 90 Shopping Centers * : 16.37 million
(16.37) square feet. Number of Professional
Oakbrook Terrace, IL involved full-time in facilities: 60.
(630) 954-7300
www.midamericagrp.com
GVA Williams (15) Formerly known as williams Real Estate
New York, NY Company Inc., GVA Williams now manages a
(212) 716-3500 portfolio of over 15 million rentable
www.williamsgva.com square feet for both individual and
corporate clients. Property Management
services include operation and
maintenance, property accounting,
financial forecasting and budgeting, and
customized financial reporting.
Colliers Pinkard (13.11) 75 Office Buildings * : 7.49 million
Baltimore, MD square feet. Six Shopping Centers * :
(410) 752-4285 714.234 square feet: 67 Industrial
www.collierspinkard.com Buildings * : 4.91 million square feet.
Number of Professionals involved
full-time in facilities * : 100. Dollar
volume of spending in 2002 devoted to
facilities * : Capital, $5 million;
Operational, $57.59 million.
Norris & Stevens (11.7) 40 Office Buildings * : 2.3 million
Portland, OR square feet. 34 Shopping Centers * : 2
(503) 223-3171 million square feet. 100 Multi-family
www.norris-stevens.com Housing Buildings (6,500 Units) * : 5.2
million square feet. 17 Industrial
Buildings * : 2.2 million square feet.
Number of Professional involved
full-time in facilities * : 21.
Modernization project under
way/completed in 2002 * : 300,000 square
feet.
Manco Abbott Inc. (11.46) 30 Office Buildings * : 3 million square
Fresno, CA feet. 40 Shopping Centers *: 3.3 million
(559) 435-1756 square feet. 30 Multi-family Housing
www.mancoabbott.com Buildings (5,200 Units) * : 4.16 million
square feet. Five Industrial Buildings
* : 1 million square feet. Number of
Professionals involved full-time in
facilities * : 125: Modernization
projects under way/completed in 2002 * :
200,000 square feet. Dollar volume of
spending in 2002 devoted to facilities
* : Capital, $2 million, Operational,
$43.88 million.
Ohio Equities LLC (10.06) 55 Office Buildings * : 4.87 million
Columbus, OH square feet. 10 Shopping Centers * :
(614) 224-2400 1.023 million square feet. Two
www.ohioequities.com Educational Buildings * : 255,00 square
feet, 34 Multi-family Housing Buildings
(725 Units) * : 579,795 square feet. One
Government Building * : 155,000 square
feet. 16 Other Commercial Buildings * :
2.74 million square feet. Seven
Industrial Buildings * : 438,600 square
feet. Number of Professionals involved
full-time in facilities * : 75. Projects
under way/completed in 2002 * : New
Construction, 563,600 square feet;
Modernization, 180,000 square feet.
Dollar volume of spending in 2002
devoted toward facilities * : Capital,
$1 million; Operational, $325 million.
Insignia Kidder Mathews (9.99) 40 Office Buildings * : 5 million square
Seattle, WA feet. 15 Shopping Centers * : 1.66
(206) 613-5400 million square feet. Three Healthcare
Buildings * : 538,000 square feet. 15
Industrial Buildings * : 2.8 million
square feet. Number of Professional
involved full-time in facilities * : 20.
Dollar volume of spending in 2002
devoted to facilities * : Capital, $3.5
million; Operational, $20 million.
First Commercial Brokerage Office Buildings * : 8 million square
Inc. (9) feet. Industrial Buildings * : 1 million
Englewood, CO square feet. Number of Professionals
(720) 332-3480 involved full-time in facilities * : 4.
New Construction projects under
way/completed in 2002 * : 1 million
square feet.
The Michelson Organization One Office Building * : 100,000 square
(8.9) feet. 550 Multi-Housing Buildings
St. Louis, MO (11,000 Units) * : 8.8 million square
(314) 746-4320 feet. Number of Professionals involved
full-time in facilities * : 150.
Modernization project under
way/completed in 2002 * : 5 million
square feet.
Norris Beggs & Simpson Company website reports the company has
(7.6-plus) experience in all types, sizes, and
Portland, OR values of properties, including office,
(503) 223-7181 industrial, land, and multi-family. Its
www.nbsrealtors.com portfolio consists of more than 7.6
million square feet valued in exces of
$694 million. Norris Beggs & Simpson
reports it has more than 200 employees.
Leggatt McCall Properties Build-to-suit, joint-venture
Management (6) development, and fee development are
Boston, MA just a few of the offerings of this
(617) 422-7000 firm. Over 6 million square feet of
www.lmp.com assets have been developed or acquired
since 1978 (valued at $1 billion).
Flournoy Properties (6) Flournoy Properties currently manages
Columbus, GA over 7,500 units located in nine states
(706) 324-4000 and 27 cities through out the
www.flournoyproperties.com Southeastern and Midwestern United
States. Based on Buildings' estimates
of 800 square feet/unit, the company's
total estimated portfolio is 6 million
square feet.
Podolsky Northstar Realty Four Office Buildings *: 1 million
Partners (5) square feet. Two Shopping Centers *:
Riverwoods, IL 100,000 square feet. 40 Industrial
(847) 444-5700 Buildings *: 3.9 million square feet.
www.podolsky.com Number of Professionals involved
full-time in facilities *: 4.
Bob Holz Services Inc. (5) 44 Government Buildings *: 5 million
Denver, CO square feet. Number of Professionals
(303) 296-9511 involved full-time in facilities *: 15.
Dollar volume of spending in 2002
devoted to facilities *: Oprational,
$4.25 million.
Coldwell Banker Commercial 16 Office Buildings *: 2.06 million
(2.98) square feet. 10 Shopping Centers *:
St. Louis, MO 289,000 square feet. 20 Multi-family
(314) 206-4600 Housing Buildings (406 Units) *:
www.cbcsti.com 306,264 square feet. Nine Industrial
Buildings *: 327,000 square feet.
Number of Professionals involved
full-time in facilities *: 8.
Buildings Census: Corporate Real Estate
Facilities departments in corporations, responsible for the management
of company-owned and leased buildings
Company (Square feet/Millions) Statistics/Pertinent Data
Wal-Mart Stores Inc. (515.68) Domestically, 1,647 Wal-Mart Discount
Bentonville, AR Stores: 157.7 million square feet;
(479) 273-4000 1,066 Wal-Mart Supercenters: 197.4
www.walmartstores.com million square feet; 31 Neighborhood
Markets: 1.4 million square feet; 500
SAM's Clubs: 61.78 million square feet.
Internationally, 1,170 retail
facilities: 97.4 million square feet.
Listed No. 1 on the Fortune 100,
Wal-Mart Stores Inc. has become the
world's No. 1 retailer as well, with
sales revenues during the fiscal year
ending Jan. 31, 2002, of $217.8
billion.
General Motors Corporation Published reports cite Detroit-based
(300) General Motors Corporation's real
Detroit, MI estate portfolio -- among 190
(313) 556-5000 countries, although the bulk of it is
www.gm.com in the United States -- at 300 million
square feet. Excluding its Financing
and Insurance Operations, GM -- ranked
for two consecutive years as No. 3 on
the Fortune 100, with 2001 revenues
at $177 billion -- has 294 locations
operating in 36 states and 148 cities
in the United States.
Ford Motor Land Services Known as Ford Land, this nucleus for
Corporation (280) all of Ford Motor Co.'s real estate
Dearborn, MI activities has been cited in published
(313) 322-3000 reports as overseeing a portfolio of
www.ford.com approximately 280 million square feet
worldwide. Work areas include worldwide
Plant Engineering, Construction and
Estimating, Corporate Facilities
Planning, Energy Efficiency and Supply,
Property Tax Assessment and Abatement,
and Site Management Operations. Ford
Motor Co. has ranked for two
consecutive years as No. 4 on the
Fortune 100, with 2001 revenues
exceeding $162 billion.
Sears (148.5) Gross Retail Area at Fiscal Year-end
Hoffman Estates, IL 2001 for Sears was 148.5 million
(847) 286-2500 square feet of space: 127.3 million in
www.sears.com full-line stores, with the remainder
in specialty stores: automotive,
homelife, hardware, dealer, etc. Ranked
No. 32 on the Fortune 100, with 2001
revenues of more than $41 billion, the
Hoffman Estates, IL offices reported
the following additional statistics.
Number of Professionals involved
full-time in facilities *: 400. Dollar
volume of spending in 2002 devoted to
facilities *: Capital, $300 million.
Projects under way/completed in 2002 *:
New Construction, 10; Modernization,
200.
J.C. Penney Company (140) With a published real estate portfolio
Plano, TX estimated at more than 140 million
(972) 431-1000 square feet of space -- 117 million
www.jcpenney.net square feet in retail, 20 million
square feet in warehouse/distribution,
and 3 million square feet in office
space -- J.C. Penny Co. employs
approximately 250,000 associates. As
of July 2002, it operated 1,068
JCPenney department stores in all 50
states, Puerto Rico, and Mexico; and
54 Renner department stores in Brazil.
Eckerd Corp. operated 2,642 drugstores
throughout the Southeast, Sunbelt, and
Northeast regions of the United States.
J.C. Penny ranked No. 50 on the
Fortune 100.
Boeing Realty Corporation This real estate arm for Boeing Co.
(120) includes all aspects of real estate
Long Beach, CA strategies, acquisitions and
(562) 627-4900 dispositions, development, and leasing
www.boeing.com/special/realty/ Worldwide for the Beoing Co., creating
flash.html exceptional value out of vacant land
and excess aircraft manufacturing
facilities. The company portfolio,
according to published reports, is
valued at $9 billion and includes more
than 120 million square feet of office
and industrial space. Boeing Realty
Corp. employs a staff of 30 facilities
professionals. Boeing Co. ranked No. 16
on the Fortune 100, with revenues of
almost $58.2 billion.
Lowe's Companies Inc. (80.7) As of february 2002, this U.S. home
Wilkesboro, NC improvement retail chain operated 744
(336) 658-4000 stores with a total of 80.7 million
www.lowes.com square feet of selling space. The
current prototype large stores is a
121,000-square-foot sales floor with
a lawn and garden center comprising
approximately 30,000 additional square
feet. Of the total stores,
approximately 70 percent are owned,
with sales revenues of $22.1 billion
in 2001.
Walgreen Company (58.7) Six (6) Office Buildings *: 700,000
Deerfield, IL square feet. 3,700 Chain Stores *: 52
(847) 940-2500 million square feet. 10 Industrial
www.walgreens.com Buildings *: 6 million. Number of
professionals involved full-time in
facilities *: 200. Dollar volume of
spending in 2002 devoted toward
facilities *: $300 million in Capital
dollars. Projects under way and
completed in 2002 *: 1.5 million square
feet in New Construction. No. 78 among
Fortune 100 (up from 90 one year ago),
with revenue increase of 16.1 percent
to $24.6 billion.
Hewlett-Packard Company (43.9) Based upon financial records for late
Palo Alto, CA 2001, Hewlett-Packard, with principal
(650) 857-1501 executives offices in Palo Alto, CA,
www.hp.com owned or leased a total of
approximately 43.9 million square feet
of space world-wide, including 400,000
square feet currently occupied by
Agilent Technologies Inc. Investment in
new property, plant, and equipment from
continuing operations amounted to $1.5
billion in fiscal 2001. Sales and
support operations occupy approximately
15.9 million square feet; manufacturing
plants, R&D facilities, and warehouse
and administrative buildings occupied
approximately 28 million square feet.
HP's rank on the Fortune 100 was
No. 28.
Whirlpool Corporation (41.6) Ranked No. 186 on the Fortune 500 with
Benton Harbor, MI 2001 revenues of $10.3 billion, the
(616) 923-5000 No. 1 U.S. home appliance maker has its
www.whirlpool.com principal manufacturing operations
carried on at 44 locations worldwide,
34 of which are located in 12 countries
outside the United States. The company
occupied a total of approximately 41.6
million square feet of space devoted to
manufacturing, service, administrative
offices, warehouse, distribution, and
sales space. The Benton Harbor, MI
offices reported the following: Eight
Office Buildings *: 1.05 million square
feet. Number of Professionals involved
full-time in facilities *: 5.
Raytheon Company (41) With worldwide 2001 sales of $16.9
Lexington, MA billion (and No. 119 ranking on the
(781) 862-6600 Fortune 500), this leader in defense
www.raytheon.com electronics utilized approximately 41
million square feet of floor space for
manufacturing, engineering, research,
administration, sales, and warehouses
-- of which approximately 95 percent was
located in the United States. Of this
total, approximately 38 percent is
owned, approximately 57 percent is
leased, and approximately 5 percent is
made available under facilities
contracts for use in the performance of
U.S. Government contracts.
Macy's East (40) Federated Department Stores' Macy's East
Div. Federated Department division, based in New York City,
Stores Inc. provides a broad range of family apparel
New York, NY and home-relaed merchandise, appealing
(212) 695-4400 to a wide buying sector. Statistics from
www.macys.com the New York office follow. 116 Shopping
Centers *: 40 million square feet.
Dollar volume of spending in 2002
devoted to facilities *: Operational,
$17 million. Number of Professionals
involved full-time in facilities *: 550.
Macy's East flagship store in Herald
Square in Manhattan is considered the
biggest store in the world.
The Coca-Cola Company (39) With published reports, citing a real
Atlanta, GA estate portfolio of 39 million square
(404) 676-2121 feet in approximately 490 facilities,
www.coca-cola.com The Coca-Cola Company -- ranked No. 99
on the Fortune 100, with 2001 sales
revenues of approximately $20.1 billion
-- provides consumers in 200 countries
beverage products at a rate of more
than 1 billion servings each day. The
company's worldwide headquarters is
located on a 35-acre office complex in
Atlanta, that includes the approximately
621,000-square-foot headquarters
building, the 870,000-square-foot
Coca-Cola North America building, and
the almost 264,000-square-foot Coca-Cola
Plaza building, as well as other
technical and engineering facilities and
learning and reception areas.
Xerox Corporation (26) Owning a total of 10 principal
Stamford, CT manufacturing and engineering facilities
(203) 968-3000 and leasing two additional facilities;
www.xerox.com four principal research facilities; and
othe buildings that encompass general
offices, sales offices, service
locations, and distribution centers,
etc., Xerox Corp. is ranked No. 120 on
the Fortune 500, with sales revenues of
$16.5 billion in 2001. Published reports
indicate Xerox's North American real
estate portfolio is around 26 million
square feet of property in the United
States and Canada.
Ames Department Stores (21.69) 333 Chain Stores *: 21.69 million square
Rocky Hill, CT feet. Number of Professionals involved
(860) 257-2000 full-time in facilities *: 20. Dollar
www.amesStores.com volume of spending in 2002 devoted
toward facilities *: Capital, $70
million. This regional, full-line
discount retailer, with annual sales of
approximately $2.7 billion, offers
value-conscious shoppers quality,
name-brand products across a broad range
of merchandise categories. (At press
time, the retailer announced it would
liquidate and close all stores.)
La-Z-Boy Inc. (20) 12 Office Buildings *: 2 million square
Monroe, MI feet. 155 Industrial Buildings *: 18
(734) 241-4414 million square feet. Number of
www.la-z-boy.com Professionals involved full-time in
facilities *: 4. Modernization projects
under way/completed in 2002 *: 200,000
suare feet of space. With annual sales
in excess of $2 billion, La-Z-Boy is one
of the world's leading residential
furniture producers, marketing furniture
for everuy room of the home and office,
as well as for the hospitality,
healthcare, and assisted-living
industries.
The Allstate Corporation Ranked No. 57 on the Fortune 100, with
(13.15) revenues in sales exceeding $28.8
Northbrook, IL billion dollars in 2001, the "good
(847) 402-5000 hands" company offers personal lines,
www.allstate.com homeowners lines, property/casualty,
and fire insurance products in Asia,
Europe, and the Americas. Allstate's
home office complex consists of several
buildings totaling approximately 2.35
million square feet of office space on a
250-acre site. The company also operates
from approximately 1,212 administrative,
data processing, claims handling, and
other support facilities in North
America, of which 3.2 million square
feet are owned and 7.6 million square
feet are leased.
SONY Electronics Inc. (12.36) This leading manufacturer of audio,
Business of Sony Corporation video, communications, and information
of America technology products for the consumer
Park Ridge, NJ and professional markets was just
(201) 930-1000 ranked No. 1 for the third year in the
www.world.sony.com annual Harris poll survey of best
brands. The Park Ridge, NJ, SONY
Electronics Inc. business unit reports
the following real estate statistics.
Office Buildings *: 1.93 millions
square feet. 23 Shopping Centers *:
232,596 square feet. 40 Industrial
Buildings *: almost 10.2 million square
feet.
CIGNA Corporation (11) According to published reports, CIGNA's
Philadelphia, PA 11 million square feet of rentable
(215) 761-1000 space is mostly office property located
www.cigna.com in the United States. This insurance
and financial services company--ranked
No. 107 on the Fortune 500, with sales
revenues of more than $19 billion in
2001--has a 50,000-square-foot
headquarters (leased space), while
staff support operations are located in
spproximately 635,000 square feet of
leased space in the Philadelphia area.
Federal Express Corporation Ranked No. 103 on the Fortune 500, with
(10.1-plus) revenues in 2001 sales of more than
memphis, TN $19.6 billion, the world's No. 1
(901) 369-3600 express transport firm delivers more
www.fedex.com than 3 million packages daily. Sorting
and handling facilities encompass the
majority of the real estate portfolio
(of available information), exceeding 9
million square feet of space in
Memphis, Indianapolis, Fort Worth,
Newark, Oakland, Los Angeles, Chicago,
Anchorage, and Subic Bay, Phillppines.
Eight separate buildings comprise the
1.1 million-square-foot world
headquarters. Not reported in total
square footage is an additional 686
U.S. facilities for city station
operations and 182 more through the
company's international network.
Fruit of the Loom Inc. (7.83) This vertically integrated basic apparel
Sub. Berkshire Hathaway Inc. company is one of the world's largest
Bowling Green, KY manufacturers and marketers of men's
(270) 781-6400 and boy's underwear, women's and girl's
www.fruit.com underwear, printable T-shirts, and
fleece for the activewear industry,
casualwear, and childrenswear. Fruit of
the Loom employs approximately 23,000
people in over 50 locations worldwide.
The combination of manufacturing,
warehouse and idstribution, and sales
and administration facilities operated
by the company as of year-end 2001
occupied approximately 7.83 million
square feet of real property, of which