Monday, April 14, 2008

CB Richard Ellis Group Inc. Named A BusinessWeek 50 Best Performer for Second Straight Year

Orlando, FL - CB Richard Ellis Group, Inc. has been named to the BusinessWeek 50-that publication's list of best performers across all industries-for the second straight year.

BusinessWeek selects 50 best-in-class companies that the magazine says represent the star performers in each of the ten sectors that make up the S&P 500. CBRE was ranked #11 on the 2008 BusinessWeek 50, up from 16th place last year.

"Being recognized once again as a BusinessWeek 50 company reflects our tireless focus on excellence in client service," said Bill Moss, (top right photo) Senior Managing Director for Florida. "Every day, across the state of Florida, CBRE professionals come to work with one overriding goal-using the industry's most powerful full-service platform to tailor the best solutions to satisfy our clients' needs."

CB Richard Ellis represents 88 of the FORTUNE 100 companies and offers an unrivaled suite of commercial real estate services on a global basis. The company was responsible for more than $264 billion of property sales and lease transactions in 2007, and managed more than 1.9 billion sq. ft. (including those managed by affiliates) of commercial properties and corporate facilities as of December 31, 2007.

Companies were chosen for inclusion in the BusinessWeek 50 list, published in the issue dated April 7, 2008, based on key financial metrics including return on investment and sales growth along with such attributes as "management vision" that BusinessWeek cites as essential for performance success.
CONTACTS:
Bill Moss
407 839 3140
Jessica Wilhoite
407 839 3158

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