{"id":1004723279,"date":"2023-08-02T05:42:00","date_gmt":"2023-08-02T13:42:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004723279"},"modified":"2024-07-31T03:06:11","modified_gmt":"2024-07-31T11:06:11","slug":"top-commercial-property-management-companies-of-2023","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/","title":{"rendered":"Top Commercial Property Management Companies of 2023"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004537876\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/2021-most-powerful-brokerage-firms\/research-center-cpe\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg\" data-orig-size=\"1094,212\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Research Center CPE\" data-image-description=\"&lt;p&gt;Research Center CPE&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Research Center CPE&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg?w=1024\" class=\"alignnone wp-image-1004537876 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg\" alt=\"Research Center CPE\" width=\"696\" height=\"135\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg 1094w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg?resize=300,58 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg?resize=768,149 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg?resize=1024,198 1024w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/research-center\/top-property-management-firms\/\"><em>You can also read our other Top Property Management Firms rankings.<\/em><\/a><\/p>\n<p><iframe id=\"datawrapper-chart-6eVty\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"2023 Top Property Managers CPE\" src=\"https:\/\/datawrapper.dwcdn.net\/6eVty\/2\/\" height=\"1856\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script><\/p>\n<p><em>Key: O=Office, I=Industrial, R=Retail, M=Multifamily, H=Health care, Ho=Hospitality, X=Other<\/em><\/p>\n<p>Though we make every effort to include all major property management companies, several notable firms (among them SVN International Corp., Hines, Prologis) did not participate this year.<\/p>\n<p><em>To be included in upcoming surveys, email Agota Felhazi at <a href=\"mailto:agota.felhazi@yardi.com\" target=\"_blank\" rel=\"nofollow noopener\">agota.felhazi@yardi.com<\/a>.<\/em><\/p>\n<div id=\"attachment_1004674235\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004674235\" data-attachment-id=\"1004674235\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies\/the-entrance-to-the-westcott-building-and-ruby-diamond-auditorium-at-florida-state-university-26\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\" data-orig-size=\"2000,1500\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;16&quot;,&quot;credit&quot;:&quot;Getty Images&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;The driveway circle and entrance to the Westcott Building at Florida State University during the afternoon&quot;,&quot;created_timestamp&quot;:&quot;1340236800&quot;,&quot;copyright&quot;:&quot;Copyright 2012: Ian Anderson, All Rights Reserved&quot;,&quot;focal_length&quot;:&quot;24&quot;,&quot;iso&quot;:&quot;400&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;The Entrance to the Westcott Building and Ruby Diamond Auditorium at Florida State University&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Entrance to the Westcott Building and Ruby Diamond Auditorium at Florida State University\" data-image-description=\"&lt;p&gt;Image by zhu difeng\/Shutterstock.com&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Top Commercial Property Management Firms of 2023. Image by zhu difeng\/Shutterstock.com&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?w=1024\" class=\"size-medium wp-image-1004674235\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?w=300\" alt=\"Image by zhu difeng\/Shutterstock.com\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg 2000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004674235\" class=\"wp-caption-text\">Top Commercial Property Management Firms of 2023. Image by zhu difeng\/Shutterstock.com<\/p><\/div>\n<p>Commercial property managers are steering their buildings through high inflation and high interest rates, while meeting increased demands for sustainability, technology and flexibility.<\/p>\n<p>This year\u2019s Top Commercial Property Management Firms ranking includes a mix of third-party service providers and owner-operators with a combined portfolio of more than 19.6 billion. Compared to 2021, this marks a 3.6 percent uptick for the top 30 companies.<\/p>\n<p>CBRE took the lead again this year, with 7.3 billion square feet under management, for a 2.8 percent increase. Third-party managers Cushman &amp; Wakefield and JLL once again rounded out the top three. C&amp;W held the second spot on our list, with 5.1 billion square feet of space under management, up nearly 6 percent, and JLL returned in third position, with 3 billion square feet under management, up 12.4 percent. The year-over-year growth trend remained true for more than 75 percent of the companies on the list, while 58 percent of them have been increasing their portfolios since 2020.<\/p>\n<p>Among the top 30, The RMR Group and Related Cos. were the fastest-growing firms. Both expanded their footprints by 25.4 percent from 2021 to 2022. Most participants manage multiple asset types. The office sector accounted for the bulk of participants\u2019 combined portfolios, followed by industrial and retail.<\/p>\n<h2>Methodology<\/h2>\n<p>The Top 30 Commercial Property Management Companies of 2023 ranking utilized self-reported data for all firms. The ranking was calculated using a weighted formula based on a variety of factors, including the total square footage and number of properties under management, property operations\u2014both owned and managed\u2014and presence across property sectors. The ranking represents what we feel is a logical balance among firm growth, market share and property diversity. Ranking factors are not limited to the data that appears on this page.<\/p>\n<p style=\"text-align: right;\"><em>\u2014Agota Felhazi, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=798650\" target=\"_blank\" rel=\"noopener\"><em>Read the August 2023 issue of CPE.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find out which firms made CPE\u2019s annual ranking of leading service providers.<\/p>\n","protected":false},"author":1269,"featured_media":1004674235,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,37786],"tags":[],"class_list":["post-1004723279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-research-center-top-property-management-firms"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Commercial Property Management Companies of 2023 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Commercial Property Management Companies of 2023\" \/>\n<meta property=\"og:description\" content=\"Find out which firms made CPE\u2019s annual ranking of leading service providers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-02T13:42:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-31T11:06:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/\",\"name\":\"Top Commercial Property Management Companies of 2023 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\",\"datePublished\":\"2023-08-02T13:42:00+00:00\",\"dateModified\":\"2024-07-31T11:06:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2023\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\",\"width\":2000,\"height\":1500,\"caption\":\"Top Commercial Property Management Firms of 2023. 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