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The Honolulu Advertiser

Posted at 10:17 a.m., Friday, September 7, 2007

CB Richard Ellis makes list of fastest growing firms

Advertiser Staff

CB Richard Ellis Group, Inc. has been named the 33rd fastest growing company in the United States, according to a new ranking in FORTUNE magazine.

The Hawaii office of CB Richard Ellis is the largest commercial real estate firm in the state with offices on all islands. The office was responsible for lease and sales transactions valued at $647 million in 2006 including the sale of the Ilikai Hotel for $218 million. The office also represents over 30 percent of the office space downtown and manages almost 8 million square feet of commercial space in Hawaii.

FORTUNE identified the top 100 fastest-growing companies in 2007 based on a composite of three-year revenue, earnings per share growth and total return to shareholders.

"As the highest-ranked commercial real estate services provider on FORTUNE's list of fastest-growing companies, CBRE continues to set the pace for the industry," said Joseph Haas, Senior Managing Director, Hawaii. "The depth and range of our full-spectrum platform-with unparalleled resources and top professional talent located both in Hawaii and around the globe-enables us to deliver best-in-class solutions to meet our clients' needs."