CB Richard Ellis Ranked No. 1 Property Manager for Sixth Consecutive Year

ORLANDO, FL – For the sixth year in a row National Real Estate Investor, the leading magazine for professional real estate investors, has ranked CB Richard Ellis No. 1 out of the world's top 25 property managers. The ranking, featured in the publication's July/August issue, is based on the total amount of space under management globally as of December 31, 2008.

CB Richard Ellis was responsible for the management of 2.2 billion sq. ft. of property and corporate facilities at end of 2008. That total was nearly twice the amount of the total space managed by the nearest competitor.

"As property owners confront the challenges of today's difficult economic environment, they trust CB Richard Ellis to deliver best-in-class management of their real estate needs," said CB Richard Ellis' Bill Moss, (top right photo) Senior Managing Director.

"In Central Florida and around the world, our clients know that the industry's best professionals and strongest global platform will help them to effectively manage their real estate assets."

Earlier this year the U.S. Environmental Protection Agency (U.S. EPA) named CB Richard Ellis an ENERGY STAR® Partner of the Year, the only commercial real estate services firm recognized with that award this year, and the second year in a row that the Company has received that honor.

More than 1,200 CBRE-managed buildings are participating in the program, significantly more than any other third party management company.

Contact: Angelique Greven, 407.839.3158, angelique.greven@cbre.com