The Real Deal Miami

CBRE ranks top among firms in repping Palm Beach County office space

By Alexander Britell | April 06, 2010 06:17PM

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CB Richard Ellis is at the top of the Palm Beach County office market, listing 27 percent of total available square footage in Class A, B and C buildings over 100,000 square feet in the county, according to a CoStar report commissioned by The Real Deal. The firm listed 1.01 million square feet in the county through the end of the first quarter of 2010.

CBRE also leads in market share in Miami-Dade County, but its lead is much greater in Palm Beach County.
(Click here
to see the Miami-Dade County rankings.)

Coming in second was Cushman & Wakefield, with 15.57 percent of the market share and 581,753 total square feet listed.

Jones Lang LaSalle came in seventh, capturing 2.99 percent with 111,737 total square feet, in stark contrast to its second place ranking in Miami-Dade County.

The top nine brokerages list around 2.6 million square feet in Class A, B and C buildings of 100,000 square feet or higher in the county.

According to the report, there is around 3.7 million square feet listed in the Palm Beach County market.

CBRE has two offices in Palm Beach County, with 48 professionals.