{"id":1004766353,"date":"2024-07-31T00:00:00","date_gmt":"2024-07-31T08:00:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004766353"},"modified":"2025-07-25T00:05:17","modified_gmt":"2025-07-25T08:05:17","slug":"top-commercial-property-management-companies-of-2024","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-commercial-property-management-companies-of-2024\/","title":{"rendered":"Top Commercial Property Management Companies of 2024"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1094\" height=\"212\" 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\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Research-Center-CPE.jpg\" alt=\"Research Center CPE\" class=\"wp-image-1004537876\" 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: 1094px) 100vw, 1094px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\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><em>.<\/em><\/p>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<p><iframe id=\"datawrapper-chart-ePuIh\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"2024 Top Property Managers CPE\" src=\"https:\/\/datawrapper.dwcdn.net\/ePuIh\/4\/\" height=\"597\" 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\n\n<p><em>Key: O=Office, I=Industrial, R=Retail, M=Multifamily, H=Health care, Ho=Hospitality, X=Other<\/em><\/p>\n\n\n\n<p>Though we make every effort to include all major property management companies, several notable firms (among them Avison Young, SVN International and Prologis) did not participate this year.<\/p>\n\n\n\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\n\n\n<h2 class=\"wp-block-heading\" id=\"h-agents-of-change-in-turbulent-times\">Agents of Change in Turbulent Times<\/h2>\n\n\n<div class=\"wp-block-image size-medium wp-image-1004674235\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a13242281a3d&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"1500\" 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\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Property-Mgt-Firms-art-CPE-2023.jpg\" alt=\"Image by zhu difeng\/Shutterstock.com\" class=\"wp-image-1004674235\" style=\"width:300px\" 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: 2000px) 100vw, 2000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Top Commercial Property Management Firms of 2024. <em>Image by zhu difeng\/Shutterstock.com<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>From making office spaces worth the commute to streamlining the experiential retail environment, leading commercial property management firms continue to adapt to shifting economic conditions and tenant needs.<\/p>\n\n\n\n<p>In addition to employing traditional management best practices, managers are embracing new technologies, including artificial intelligence, to increase efficiencies, minimize disruptions and save costs.<\/p>\n\n\n\n<p>As in previous years, the CPE Top Commercial Property Management Firms ranking includes third-party providers and owner-operators. Collectively, these companies managed more than 20.1 billion square feet of income-producing properties in 2023.<br>CBRE maintained its top position with a global portfolio encompassing 7.3 billion square feet under management. The firm primarily manages industrial properties, followed by office, retail, health care, hospitality, data centers and multifamily.<\/p>\n\n\n\n<p>Cushman &amp; Wakefield and Colliers secured the second and third positions, managing portfolios of more than 6.1 billion and nearly 2.6 billion square feet, respectively. Lincoln Property Co. expanded the fastest between 2022 and 2023. Other companies with notable growth during this period include Newmark, BKM Capital Partners, Foundry Commercial and Cushman &amp; Wakefield.<\/p>\n\n\n\n<p>Overall, 60 percent of the commercial property management firms on the list increased their portfolios compared to the previous year. Additionally, 76.7 percent expanded compared to their 2021 figures. Most firms on the list manage a variety of asset types. The highest concentration is in industrial properties followed by office and retail.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-methodology\">Methodology<\/h2>\n\n\n\n<p>The Top Commercial Property Management Firms of 2024 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 (both owned and managed), and 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\n\n\n<p class=\"has-text-align-right\"><em>\u2014Agota Felhazi, Senior Associate Editor<\/em><\/p>\n\n\n\n<p><em><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=827689\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Read the August 2024 issue of CPE<\/a>.<\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find out which firms made CPE\u2019s annual ranking of 30 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-1004766353","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) - 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