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Grubb & Ellis|BRE Commercial
Company Milestones |
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| Founded in San Diego in 1986 by a group of 17 entrepreneurial brokers (as Business Real Estate Brokerage Company, Inc.), Grubb & Ellis|BRE Commercial has established itself as an industry leader by becoming one of Southern California’s largest privately-owned and operated commercial real estate brokerage companies. |
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| 2008: |
- Partners with Sandra Clark of Space Matters to form a new service line: Project Management
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| 2007: |
- Forms two new service lines - Mortgage Brokerage and Advisory Services - with key recruits from competitors
- Ranks number one in the total number of transactions (Source: San Diego Business Journal's 2007 Book of Lists)
- Ranks among "San Diego's Top 100 Fastest Growing Private Companies" by the San Diego Business Journal
- Hosts over 30 clients and their spouses to a Client Appreciation Trip in Napa Valley, CA
- Grubb & Ellis merges with NNN Realty Advisors, Inc.
- Forms the Capital Markets Group with key recruites from competitors to expand services
- Acquires new CFO / COO, Brent Rivard
- Downtown office relocates to a nearby, newly constructed building near PETCO Park
- Acquires El Cajon commercial real estate brokerage company, East County Properties, expanding our East County presence in San Diego County
- Forms a strategic partnership with Temecula-based, WestMar Commercial Brokerage, Inc., now operating as Grubb & Ellis|WestMar in South Riverside County
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| 2006: |
- Ranks number one (for the third year in a row) in the total number of transactions (Source: San Diego Business Journal’s 2006 Book of Lists)
- Ranks number 59 among San Diego’s Top 100 Fastest Growing Private Companies by the San Diego Business Journal
- Celebrates 20 years in business (formed October 1986 by 17 entrepreneurial brokers)
- Grew from 170 to 192 Professionals
- Implements its “Push to Excellence” Program for positioning the company has having the best trained professionals in the industry
- Carlsbad office relocates to a nearby, newly constructed, Class A office building, increasing office square feet by 50%
- Hosts over 30 clients and their spouses to a Client Appreciation Ski Trip in Deer Valley, UT
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| 2005: |
- Ranks number one in the total number of transactions (Source: San Diego Business Journal’s 2005 Book of Lists)
- Ranks among "San Diego’s Top 100 Fastest Growing Private Companies" by the San Diego Business Journal
- 24% Increase in Revenue
- Grows from 126 to 170 Professionals
- Hires a new Vice President of Client and Research Services
- Relocates and expands corporate headquarters, increasing office square feet by 135%
- Expands our market share in Southern California with the opening of a new office in Temecula (Riverside County) bringing the total number of BRE-owned offices to five
- Completes the Buy-Sell Agreement
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| 2004: |
- Ranks number one in the number of transactions (Source: San Diego Business Journal’s 2004 Book of Lists)
- BRE Affiliates with Grubb & Ellis Company to form Grubb & Ellis|BRE Commercial, elevating brand recognition
- Revenues surpass $30 million
- Launches new web-based General Ledger and Property Database Systems
- Strengthens client relationships by funneling investments into high-class client appreciation events
- Opens an office in Otay Mesa, CA; strengthening our market share in Southbay
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| 2003: |
- Acquires A.W. Arendsee Real Estate in Downtown San Diego, adding a third BRE office
- Plants the “BRE flag” in Phoenix by investing in one of the top brokerage operations previously owned by Grubb & Ellis, now operating as Grubb & Ellis|BRE Commercial, LLC—a broker-owned enterprise
- Establishes CFO position with Tatum Partners, Inc.
- Establishes Director of Marketing/Business Development Department
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| 2002: |
- John D. Frager joins BRE as the new President & CEO
- Recruits 15 new brokers from competing firms
- Office Division becomes the largest Office Specialty Group in San Diego County
- Corporate headquarters expands
- Expands brokerage services to include Financial Analysis
- Forms Creative Services Department to improve desktop and marketing support
- Hires new Market Research Director and doubles the staff count in Research
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| 2001: |
- Expands brokerage services to include Asset Management
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2000: |
- Revenues surpass $20 million
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1998/1999: |
- BRE enjoys strong growth from the highly active late-80s real estate market
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1997: |
- Company operates under new name: BRE Commercial
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1996: |
- Establishes reputation as the most dominate brokerage firm in North County
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1995: |
- Company joins NAI, one of the world’s largest and most comprehensive association of commercial real estate service providers
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1994: |
- Ted Phoenix joins the company as the new President
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1993: |
- New North County brokers become established and start hitting high production
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1992: |
- Large number of North County brokers are recruited
- Marc Doyle appointed as Senior Vice President and Managing Officer of the Carlsbad office
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1991: |
- North County presence established with the opening of an office in Carlsbad, CA
- James Stenderup is appointed President
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1990: |
- With financial health (debt-free), the firm weathers the start of the recession
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1989: |
- All loans are paid off, and the firm remains debt-free from here on
- John Rife is appointed President
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1988: |
- The firm has now doubled its number of agents from when it was founded
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1987: |
- The firm’s bank hosts a dinner honoring our one-year anniversary, a very important milestone for a start-up
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| 1986: |
- Business Real Estate Brokerage Company, Inc. is founded in San Diego by a group of 17 entrepreneurial brokers
- Rick Sanborn is appointed President
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