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Our History

1773
REI Limited is founded in London, England.

1906
The company that became CB Commercial is founded in San Francisco by Colbert Coldwell as Tucker, Lynch & Coldwell.

1914
Benjamin Banker is named partner.

1925
Company’s first residential real estate office opens in San Francisco.

1940
Name is changed to Coldwell, Banker & Company.

1968
Company's head office opens in downtown Los Angeles.

1977
Previously a division of Coldwell, Banker & Company, Coldwell Banker Residential Brokerage becomes a separately incorporated subsidiary on the heels of rapid expansion.

1982
Coldwell Banker Commercial and Coldwell Banker Residential are acquired by Sears, Roebuck & Company.

1983
Canadian Company is formed under the name Coldwell Banker Canada Inc. as a joint venture between Canadian real estate executives and the Commercial Group of Coldwell Banker in the United States.

1989
Commercial operations of Coldwell Banker are sold to a group comprised of investors, management and employees.

1991
CB Commercial name is adopted.

1995
Westmark Realty Advisors, Langdon & Reider is acquired.

1996
L.J. Melody & Company is acquired; company celebrates 90th anniversary; initial public offering is completed

1997
Koll Real Estate Services is acquired; company is listed on the New York Stock Exchange.

1998
REI Limited is acquired; company changes name to CB Richard Ellis; Canadian operation is purchased taking ownership from 25% to 100%. Hillier Parker May & Rowden is acquired and now operates as CB Hillier Parker in the UK.

1999
CB Richard Ellis merges operations in Japan with Ikoma Corporation, to become that country's largest real estate services entity. Expands in Scandinavia and South America through various acquisitions

2001
In Canada, CB Richard Ellis Limited and O & Y Enterprises form a joint venture company, O&Y CBRE Facilities Management, to develop facilities management and corporate real estate services opportunities in Canada; CB Richard Ellis Inc. goes private and the stock no longer trades on the New York Stock Exchange; the Canadian company opens its Atlantic Canada operation.

2003
In July 2003, CB Richard Ellis and Insignia were brought together to form the world's premier, full-service real estate services company, operating under the name CB Richard Ellis (CBRE).

2004
In December 2004, O&Y CBRE Facilities Management becomes CB Richard Ellis Management Services, with the mission to provide comprehensive real estate services for a range of institutional, investor, corporate, and individual clients.

2005
CB Richard Ellis was identified as one of the top corporate cultures in Canada by corporate recruiting firm Waterstone Human Capital and continues to hire the best young talent.

2006
CB Richard Ellis acquires The Trammell Crow Company.  The acquisition expands CB Richard Ellis’ global leadership and strengthens its ability to provide integrated account management and comprehensive real estate services for corporate, institutional, health care and government clients.

Euromoney has named CB Richard Ellis the overall winner in its 2006 Global Real Estate Awards. CB Richard Ellis swept the board winning a total of 48 awards from the global financial publication, including the award for top Global Advisory firm.

2007
CB Richard Ellis was named one of the 50 “best in class” companies and among the top 40 "most generous" companies by  BusinessWeek , as well as ranked 33rd in Fortune's List of 100 Fastest Growing Companies.

CB Richard Ellis became the first real estate services firm to announce plans to be carbon-neutral by 2010, including CBRE's major initiative to assist clients with energy efficiency programs at the 1.7 billion square feet of building space that the company manages around the world.

Contact Information:

Margot Friedman
Senior Vice President, Strategic Projects
T 416 815 2356
margot.friedman@cbre.com

Last Modified: Monday, November 17, 2008
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