CB Richard Ellis Is First Commercial Real Estate Firm To Make The Fortune 500
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CB Richard Ellis has made the Fortune 500. This is pretty big news as the company is the first commercial real estate firm to make the list. They came in at 404th place of the largest companies in the United States.
Congratulations to the crew over there. It looks like all of the aquisitions over the past few years have paid off.
The Los Angeles-based company (NYSE: CBG) landed at No. 404 in the magazine’s May 5 issue.
The Fortune 500 is an annual list compiled by Fortune magazine of the top 500 U.S. public corporations as measured by gross revenues. Wal-Mart tops the 2008 list with almost $379 billion in 2007 revenues, followed by Exxon Mobil and Chevron. CBRE’s 2007 revenues topped $6 billion. via Pacific Business News
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