Every major office tower you've ever entered, every logistics warehouse that fulfills your online orders, every data center that stores your files — the odds are better than even that CBRE Group handled some aspect of its transaction, management, or design. The company is the invisible infrastructure of commercial real estate, operating in the background of decisions worth trillions of dollars annually while remaining almost entirely unknown to the general public. CBRE Group generated $34.2 billion in revenue in FY2024, operating as the largest commercial real estate services firm in the world by revenue and headcount. Headquartered in Dallas, Texas, the company employs approximately 130,000 people across brokerage, property management, investment management, project management, and facilities outsourcing. Its clients include nearly every Fortune 500 company, most major institutional investors, and thousands of government agencies that outsource their real estate operations. The Outsourcing segment — occupier outsourcing, where CBRE manages facilities and real estate portfolios for corporate tenants on long-term contracts — now represents the majority of total revenue. This shift from transaction-dependent brokerage income to recurring contract revenue has transformed CBRE's financial profile from a cyclical service business into something closer to a facilities management company with a brokerage capability attached. The Trammell Crow Company acquisition in 2006 made CBRE one of the most prolific commercial real estate developers in the United States, capturing development yield across the entire project lifecycle rather than merely advising on completed buildings. The Johnson Controls Global Workplace Solutions acquisition in 2017 added integrated facilities management across industries beyond real estate — corporate campuses, hospitals, government facilities — at a scale that no pure real estate firm had previously operated.