2022 Top Commercial Property Owners (2024)

FAQs

2022 Top Commercial Property Owners? ›

CBRE leads our list of top commercial property owners, boasting a considerable 339 million square feet diversified across several asset types—office, industrial, retail, hospitality and numerous others.

CBRE leads our list of top commercial property owners, boasting a considerable 339 million square feet diversified across several asset types—office, industrial, retail, hospitality and numerous others.

Blackstone owns 153 million square feet of office space globally, and is the largest owner of office property in the U.S.

Properties with the highest number of tenants are the ones that are capable of bringing in the highest ROI. These properties include apartment complexes, office buildings, student housing, RV parks, storage facilities, etc.

Company Description

Lee & Associates is the largest broker-owned commercial real estate firm in North America. Originally based in Orange County, California, they now have over 1,300 property experts spread across 65 locations in the United States and Canada.

Donald Bren, chair of Southern California-based Irvine Company, is the wealthiest American real estate titan, just cracking the top 100 (#97) with a $17.4 billion fortune, an increase of $1.2 billion from last year.

It is no surprise that real estate moguls are among the richest billionaires in the world who own hundreds of commercial & residential properties. The big benefits of real estate investing are passive income, stable cash flow, tax advantages, diversification, and leverage.

Nestled in the picturesque Blue Ridge Mountains of Asheville, North Carolina, Biltmore House is the largest privately owned home in the United States, and was the Gilded-Age vision of George Washington Vanderbilt.

Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana.

Who owns the most rentals in America? ›

Of the approximately 50 million rental housing units in the United States, around 41% of the rental units are owned by mom and pop landlords, also known as individual investor landlords.

Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing millions of square feet of lab and life-science space.

In 2019, hedge fund owner Ken Griffin logged the highest amount paid for a residence on record in the US, when he bought a penthouse for $238 million in the lauded limestone tower.

Large Offices in Major US Cities are the Most at Risk in Commercial Real Estate.

A good return on investment for commercial properties falls between 5% and 12%. While this is an average figure, it should be noted that a 'good' return is based on conditions such as property type and the local market.

What is a good rental yield on a commercial property? For commercial property investors, yields are typically much higher than residential property. Yields from commercial property can be anywhere from 5% to 10%. Meanwhile, residential property is known for yields between about 1% and 3%.

Avison Young is the world's fastest-growing commercial real estate services firm.

Vanguard is the largest brokerage firm by AUM, managing $8.1 trillion in assets as of March 31, 2022, up one trillion from 2021. Vanguard not only manages the most assets of any major brokerage, the company is the only major stock brokerage firm to grow its AUM from 2021 to 2022.

Commercial real estate investments can earn money through income or appreciation. Income is produced through the operation of the building, often through tenants making rental payments, while appreciation is earned through an increase in the property's value over time.

How to get rich in commercial real estate? ›

Donald Bren is one of the greatest real estate investors in American history. He is currently the wealthiest real estate investor in the country and has a net worth of $15.3 billion. Donald got his start in the real estate world early in life. This is because his father was a real estate investor.

A millionaire is somebody with a net worth of one million dollars. It's a simple math formula based on your net worth. When what you own (your assets) minus what you owe (your liabilities) equals more than a million dollars, you're a millionaire.

“90% of all millionaires become so through owning real estate.” This famous quote from Andrew Carnegie, one of the wealthiest entrepreneurs of all time, is just as relevant today as it was more than a century ago.

Commercial properties typically have an annual return off the purchase price between 6% and 12%, depending on the area, current economy, and external factors (such as a pandemic). That's a much higher range than ordinarily exists for single family home properties (1% to 4% at best).

Who is the owner of the biggest house in the world ? Istana Nurul Iman Palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah, is the largest house in the world, spread over 2.15 million square feet.

To the surprise of nobody, the City of New York is the biggest property owner in the five boroughs — with a massive 362.1 million square feet to its name, according to TRD's analysis. Think 1 Police Plaza, Stuyvesant High School and the New York Public Library building on Fifth Avenue.

3. King of Prussia Mall. Simon-owned King of Prussia mall is the nation's third-largest mall at 2.9 million square feet. Opened in 1963, the mall serves the greater Philadelphia region.

Alberta Investment Manageme...

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What is the busiest mall in America? ›

Mall of America is currently the most popular and visited mall in the United States. The mall has a retail space of 5.6 million square feet.

The amount will depend on your specific situation, but a good rule of thumb is to aim for at least 10% profit after all expenses and taxes. While 10% is a good target, you may be able to make more depending on the property and the rental market.

The top multifamily property owner for 2022 was Greystar for the third consecutive year. In August, the company's 157,500 units were valued at $39.7 billion.

Columbia University is the largest owner in New York City by the number of locations and manages over 5000 apartments across 150 residential buildings.

In the latest snapshot of the nation's most significant office market, New York City's largest office landlord, SL Green Realty Corporation, revealed that more of its properties lost tenants during the first months of 2023.

The Pentagon is the headquarters of the United States Department of Defence and is located in Arlington, Virginia. It is the largest office building in the world, with a total floor area of about 6.5 million square feet. It is home to over 23,000 military and civilian employees.

Famous and Famously Expensive

The Chartwell Estate, located in Beverly Hills, California, is owned by the late head of Univision, Jerry Perenchi. Built in 1933, the French neoclassical home encompasses 25,000 square feet of land. It is situated on a 10-acre expanse of manicured lawns and gardens.

1. The One, Los Angeles, California | Most Expensive Houses. The One, which took eight years to create, has surpassed all other pricey mansions in the US to claim the top rank. Nile Niami's modern masterpiece, this private mansion is situated on a five-acre site in Bel Air, Los Angeles, California.

Jeff Bezos: 30K-acre ranch, one museum, too many homes to count. Former Amazon CEO Jeff Bezos remains the richest person in the world, with an estimated net worth of $140 billion. He has spent millions of dollars amassing a massive real-estate portfolio across the US, from his home state of Washington to New York City.

What value is most commonly used for commercial property? ›

The income capitalization approach is one of the most popular valuation methods in commercial real estate transactions, since it determines a commercial property's fair market value in relation to the income it can generate under the market conditions that exist at the moment of valuation.

Equities are generally considered the riskiest class of assets.

Properties that are capable of bringing in the highest return on investments are typically those with the highest number of tenants. These commercial real estate properties can include multifamily projects, student housing, office space, self storage facilities, and mixed use buildings.

What Types of Commercial Properties Are the Most Profitable? High-Tenant Properties – Typically, properties with a high number of tenants will give the best return on investment. These properties include RVs, self-storage, apartment complexes, and office spaces.

Higher rental return: net income returns for commercial property are typically in the range of 4-6%pa compared with 1½-3%pa for residential property.

Commercial property is a tangible asset that yields a robust and steady cash flow and represents diversification in any investment portfolio. CRE investors receive favorable tax treatment and the benefit of an inflation buffer.

The largest expenses a small business office building owner incurs are real estate taxes and fixed expenses like building insurance. Those expenses make up more than half of the total operating costs for most commercial office building owners.

McDonald's is one of the biggest real estate companies in the world. It owns or leases more than 38,000 restaurants in over 100 countries and has a portfolio worth an estimated $30 billion.

Of the approximately 50 million rental housing units in the United States, around 41% of the rental units are owned by mom and pop landlords, also known as individual investor landlords. That means approximately 20.5 million units are overseen by mom and pop landlords.

Does McDonald's own the most property? ›

These statistics are astonishing accomplishments, but did you know that McDonald's makes more money in real estate than from hamburgers? In fact, McDonald's has nearly $30 billion in real estate holdings, making it one of the largest commercial real estate owners in the world.

1. EMMERSON FAMILY. The nation's largest private landowners, California's Emmerson family, are a prime example of this trend. Through their Sierra Pacific Industries, the Emmersons increased their landholdings by more than 100 square miles to over 2.4 million acres.

After gaining permission from the Vatican, Burhans underwent a comprehensive of bringing the Church into the 21st century. A live database provides a visual of all its land holdings. Conclusion: The Catholic Church owns the most land, far more than McDonald's and billionaire Bill Gates.

Leading apartment owners in the U.S. 2022, by units owned

Starwood Capital Group, which was the largest owner in 2022 with 115,000 units, is a private investment firm headquartered in Miami, Florida.

The amount will depend on your specific situation, but a good rule of thumb is to aim for at least 10% profit after all expenses and taxes. While 10% is a good target, you may be able to make more depending on the property and the rental market.

1. The Family Of Queen Elizabeth II Of Great Britain. Although recently deceased, the Queen's royal family will inherit the leadership, which makes them the technical owners of the country. The total size of the British Commonwealth is an astounding 6.75 Billion acres.

The Catholic Church's property across the globe spans nearly 277,000 square miles, which is just about the size of Texas, said Gerald Posner, author of “God's Bankers: A History of Money and Power at the Vatican.” “That includes embassies, churches, cathedrals, monastery schools and convents,” Posner said.

She is Queen of 32 countries, head of a Commonwealth of 54 countries in which a quarter of the world's population lives, and legal owner of about 6.6 billion acres of land, one-sixth of the earth's land surface.

1. Donald Bren. Donald Bren began his career as a typical real estate agent, making his first investment in a real estate company that purchased over 90,000 acres of land.