The top three brokerages on the Houston Business Journal’s Largest Houston-area Commercial Real Estate Brokerage Firms List have stayed the same since 2015, each increasing it’s total employed licensed professionals.
CBRE Group Inc., No. 1 on The List, increased its total local professionals by about 53.7 percent over the course of five years, from 119 in 2014 to 183 in 2018. The brokerage peaked in 2017 when it had 213 licensed professionals.
Meanwhile, Transwestern, No. 2, saw a consistent increase in employed license professionals across a five-year period, with 110 in 2014 and 146 in 2018 — around a 32.7 percent increase.
JLL, No. 3, went from 73 licensed professionals in 2014 to 107 in 2018, which is about a 46.5 percent increase.
Colliers International placed No. 4 on the List in 2015 and 2016; however, it dropped to No. 6 in 2017 before moving back to and holding No. 4 by 2018. PM Realty Group was in the top five from 2015 to 2017 before dropping to No. 7 in 2018, when it was acquired by Washington, D.C.-based Madison Marquette. The combined firm now ranks No. 12.
Since 2015, Newmark Knight Frank jumped from the No. 10 spot to its current No. 5 spot.