The Top 25 Brokerages listing is based on data provided by participating companies. Brokers were asked to provide the total dollar value of leasing transactions and investment sales during 2002. The totals were combined to determine the company's ranking.

1. Insignia/ESG Inc.
200 Park Ave.
New York, NY 10166
Phone: (212) 984-8000
Web site:
www.insigniaesg.com
Stephen B. Siegel, Chairman/CEO; Ronald Uretta, President/COO
Total Amount of Investment Sales & Leasing Transactions: $40.3 billion

2. CB Richard Ellis
355 S. Grand Ave.
Suite 3100
Los Angeles, CA 90071
Phone: (213) 613-3333
Web site:
www.cbre.com
Ray Wirta, CEO; Brett White, President; Ken Kay, CFO
Total Amount of Investment Sales & Leasing Transactions: $38 billion

3. Cushman & Wakefield
51 W. 52nd St.
New York, NY 10019
Phone: (212) 841-7500
Web site:
www.cushwake.com
Arthur Mirante II, President/CEO; Bruce Mosler, President - U.S. Operations; John C. Cushman III, Chairman
Total Amount of Investment Sales & Leasing Transactions: $37.8 billion

4. Colliers International
84 State St.
Boston, MA 02109
Phone: (617) 722-0221
Web site:
www.colliers.com
Margaret Wigglesworth, President/CEO; Mark Burkhart, Chairman; Richard Kimball, SVP, Corporate Services
Total Amount of Investment Sales & Leasing Transactions: $27.9 billion

5. NAI
572 Route 130
Hightstown, NJ 08520
Phone: (609) 448-4700
Web site:
www.naidirect.com
Gerald Finn, Chairman/CEO; Jeffrey Finn, President/COO; David Blanchard, EVP
Total Amount of Investment Sales & Leasing Transactions: $25 billion

6. Grubb & Ellis Co.
2215 Sanders Rd, Suite 400
Northbrook, IL 60062
Phone: (847) 753-7500
Web site:
www.grubb-ellis.com
Maureen A. Ehrenberg, EVP, Grubb & Ellis Co., International Services and President, Management Services; Richard Fulton, EVP, Transaction Services, Eastern Region; Robert Osbrink, EVP, Transaction Services, Western Region
Total Amount of Investment Sales & Leasing Transactions: $16.9 billion

7. The Staubach Co.
15601 Dallas Pkwy., Suite 400
Addison, TX 75001
Phone: (972) 361-5000
Web site:
www.staubach.com
Roger Staubach, Chairman/CEO; Elysia Ragusa, President/COO; Ka Cotter, Vice Chairman
Total Amount of Investment Sales & Leasing Transactions: $13.6 billion

8. GVA
1569 Sherman Ave., #201C
Evanston, IL 60201
Phone: (847) 733-0883
Web site:
www.gvaworldwide.com
Michael Corbett, Chairman; Michael T. Cohen, Vice Chairman; Betsy Baer, COO
Total Amount of Investment Sales & Leasing Transactions: $12 billion

9. TCN Worldwide
2419 Coit Rd., Suite A Plano, TX 75075
Phone: (972) 769-8701
Web site:
www.tcnworldwide.com
Ross Ford, President; Herb Agin, Chairman of the Board; Bram White, Vice Chairman
Total Amount of Investment Sales & Leasing Transactions: $10.6 billion

10. Coldwell Banker Commercial
1 Campus Drive
Parsippany, N.J. 07054
Phone: (800) 222-2162
Web site:
www.coldwellbankercommercial.com
George Slusser, president; Jacklene Chesler, vice president marketing & operations
Total Amount of Investment Sales & Leasing Transactions: $10 billion

10. Jones Lang LaSalle
200 East Randolph Dr.
Chicago, IL 60601
Phone: (312) 782-5800
Web site:
www.joneslanglasalle.com
Chris Peacock, President/CEO; Lauralee Martin, EVP/CFO; Peter Roberts, EVP/CEO, Americas
Total Amount of Investment Sales & Leasing Transactions: $10 billion

12. Trammell Crow Co.
2001 Ross Ave., Suite 3400
Dallas, TX 75201
Phone: (214) 863-3000
Web site:
www.trammellcrow.com
Robert E. Sulentic, Chairman/President/CEO; Derek R. McClain, CFO; William F. Concannon, President, Global Services Group
Total Amount of Investment Sales & Leasing Transactions: $9.3 billion

13. Marcus & Millichap Real Estate Investment Brokerage Co.
16830 Ventura Blvd., Suite 352
Encino, CA 91436
Phone: (818) 907-0600
Web site:
www.marcusmillichap.com
George M. Marcus, Chairman; William A. Millichap, Chairman; Harvey E. Green, President/CEO
Total Amount of Investment Sales & Leasing Transactions: $7.7 billion

14. Newmark & Co. Real Estate Inc.
125 Park Ave.
New York, NY 10017
Phone: (212) 372-2000
Web site:
www.newmarkre.com
Jeffrey Gural, Chairman; Barry Gosin, CEO/Vice Chairman; James Kuhn, President
Total Amount of Investment Sales & Leasing Transactions: $4.5 billion

15. CRESA Partners LLC
405 Lexington Ave., 47th Floor
New York, NY 10174
Phone: (212) 758-3131
Web site:
www.cresapartners.com
Michael Dow, President/CEO; William Goade, Founding Chairman; Gerald Porter, Vice Chairman
Total Amount of Investment Sales & Leasing Transactions: $4.1 billion

16. Lee & Associates
3991 MacArthur Blvd., Suite 100
Newport Beach, CA 92660
Phone: (949) 724-1000
Web site:
www.lee-associates.com
Steve Jehorek, President; Steve Harrison, President; Chuck Noble, President
Total Amount of Investment Sales & Leasing Transactions: $3.9 billion

16. Transwestern Commercial Services
1900 West Loop South, Suite 1300
Houston, TX 77027
Phone: (713) 270-7700
Web site:
www.transwestern.net
Robert Duncan, Chairman; Larry P. Heard, CEO; Mark Doran, COO
Total Amount of Investment Sales & Leasing Transactions: $3.9 billion

18. Corfac International — Corporate Facility Advisors
2000 North 15th St., Suite 101
Arlington, VA 22201
Phone: (703) 528-3500
Web site:
www.corfac.com
Robert Porter, Jr., President; John Owen, Vice President; Thomas P. Bennett, Executive Director
Total Amount of Investment Sales & Leasing Transactions: $3.7 billion

19. Century 21 Real Estate Corp.
1 Campus Dr.
Parsippany, NJ 07054
Phone: (973) 496-7906
Web site:
www.century21.com/commercial
Van Davis, President/CEO; Jacob Stepan, COO; John Greenleaf, SVP, Marketing
Total Amount of Investment Sales & Leasing Transactions: $2.9 billion

20. Spaulding & Slye Colliers
255 State St.
Boston, MA 02109
Phone: (617) 523-8000
Web site:
www.spauldslye.com
David A. Neskey, Vice Chairman; Peter A. Bailey, CFO; Marshall H. Durston III, Chief Investment Officer
Total Amount of Investment Sales & Leasing Transactions: $2.4 billion

21. GVA Williams
380 Madison Ave.
New York, NY 10017
Phone: (212) 716-3500
Web site:
www.gvawilliams.com
Michael T. Cohen, President/CEO; Robert L. Freedman, Vice Chairman; Andrew A. Roos, EVP
Total Amount of Investment Sales & Leasing Transactions: $2.2 billion

22. Sperry Van Ness
18881 Von Karman Ave., Suite 800
Irvine, CA 92612
Phone: (949) 250-4100
Web site:
www.svn.com
Mark Van Ness, CEO; Rand Sperry, CEO, SVN Equities; David Frosh, President
Total Amount of Investment Sales & Leasing Transactions: $1.8 billion

23. Lincoln Property Co.
500 N. Akard, Suite 3300
Dallas, TX 75201
Phone: (214) 740-3300
Web site:
www.lincolnproperty.com
Mack Pogue, Chairman; William C. Duvall, President/CEO, Commercial Division; Tim Byrne, President/CEO, Residential Division
Total Amount of Investment Sales & Leasing Transactions: $1.7 billion

24. Burnham Real Estate Service
4435 Eastgate Mall, Suite 200
San Diego, CA 92121
Phone: (858) 452-6500
Web site:
www.burnhamrealestate.com
Stath Karras, President/CEO; Jim Munson, Managing Director, Transactional Services; Kit Sparks, CFO
Total Amount of Investment Sales & Leasing Transactions: $1.5 billion

25. Duke Realty Corp.
600 E. 96th St., Suite 100
Indianapolis, IN 46240
Phone: (317) 808-6000
Web site:
www.dukerealty.com
Thomas L. Hefner, Chairman/CEO; Darell E. Zink, Jr., Vice Chairman/EVP/CFO; Gary A. Burk, Vice Chairman/EVP
Total Amount of Investment Sales & Leasing Transactions: $1.3 billion