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The Imploding Commercial Real Estate Brokerage Industry in 2010

Too big to fail!"  "Been around too long!"  "Too entrenched in the market!" Where have we heard these terms before?  The commercial real estate brokerage industry is in for a drastic change in 2010!  Commercial real estate brokerage companies have been consolidating for years, at...

By Andrew B. Zezas | Updated on October 20, 2009

“Too big to fail!”  “Been around too long!”  “Too entrenched in the market!” Where have we heard these terms before?  The commercial real estate brokerage industry is in for a drastic change in 2010! 

Commercial real estate brokerage companies have been consolidating for years, at the upper size range, right on through to mid-level and small firms.  The last ten years have seen large national brokerage companies swallow-up established brands.  Some of those include  ”include CBRE’s acquisitions of Insignia/ESG,  Trammell Crow, and others, and JLL’s acquisition of The Staubach Company and others.  One recent notable acquisition saw FirstService acquire certain GVA affiliated offices.  Others are in the making.

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