Ranking the top U.S. commercial landlords

TRD New York /
Nov.November 23, 2010 10:18 AM
From left: TIAA-CREF’s 685 Third Avenue, GGP’s South Street Seaport, RREEF’s 15 Madison Square North

ProLogis, the Denver, Co.-based public REIT with 479.7 million square feet of industrial space globally, is the top U.S. commercial property owner, according to a new survey from Businessweek.com. Coming in a distant second was mall owner Simon Property Group, which has 264 million square feet. (Simon’s bankrupt rival, General Growth Properties, was ranked fifth with 200 million square feet). In third place with a $260.5 million-square-foot portfolio was RREEF, the New York-based real estate investment management arm of Deutsche Bank, which was followed by Jones Lang LaSalle’s LaSalle Investment Management, which has 229.9 million square feet. Other New York City-based landlord to crack the top 10 included ING Clarion, whose 163.6 million square feet worth of commercial property holdings put the company at No. 6, and TIAA-CREF, No. 9, which just purchased Pfizer’s 685 Third Avenue and has 143 million square feet of commercial property globally. [Businessweek]


Related Articles

arrow_forward_ios
470 Kent Avenue and Naftali Group’s Miki Naftali (Credit: Google Maps, Gonzalo Marroquin/Patrick McMullan via Getty Images)

Naftali closes on large Williamsburg development site for $100M

Naftali closes on large Williamsburg development site for $100M
620 West 153rd Street (Credit: Google Maps)

Hamilton Heights development site led mid-market deals last week

Hamilton Heights development site led mid-market deals last week
Simon Property Group CEO David Simon (Credit: Mireya Acierto/Getty Images, iStock)

TRD Insights: Simon reopened malls but foot traffic dragged

TRD Insights: Simon reopened malls but foot traffic dragged
Some of the world’s biggest banks — including Wells Fargo and Deutsche Bank — have engaged in a systematic fraud that allowed them to award borrowers bigger loans than were supported by their true financials (Credit: Alex Gottschalk/DeFodi Images; MANJUNATH KIRAN/AFP via Getty Images)

Whistleblower: Wall Street Has Engaged in Widespread Manipulation of Mortgage Funds

Whistleblower: Wall Street Has Engaged in Widespread Manipulation of Mortgage Funds
Joseph Chetrit and 118 East 76th Street (Credit: Sylvain Gaboury/Patrick McMullan via Getty Images, Google Maps)

Joseph Chetrit’s townhouse sale led mid-market NYC deals last week

Joseph Chetrit’s townhouse sale led mid-market NYC deals last week
David Simon with the Roosevelt Field Mall in New York, and the Univeristy Park Mall in Indiana (Credit: Mireya Acierto/Getty Images, and SIMON PROPERTY GROUP)

Simon says malls will reopen but some states say otherwise

Simon says malls will reopen but some states say otherwise
JLL CEO Christian Ulbrich (Ulbrich by JP Yim/Getty Images for Women’s Forum of New York, iStock)

JLL slashes jobs in NYC capital markets group

JLL slashes jobs in NYC capital markets group
JLL CEO Christian Ulbrich (Ulbrich by JP Yim/Getty Images for Women's Forum of New York)

JLL predicts coronavirus’ impact to extend past 2020

JLL predicts coronavirus’ impact to extend past 2020
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...