COMPANYHISTORIES
NAIC 531312

Nonresidential Property Managers

How the companies in this industry began, and the forces that shaped them.

23companies1889–1994founding years23still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedHongkong Land Holdings Limited
1889
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedLand Securities PLC
1905
FoundedCB Richard Ellis Group, Inc.
1906
1914
EconomyWorld War I begins; global trade reorders.
FoundedRockefeller Group International Inc.
1928
FoundedMitsubishi Estate Company, LimitedFoundedS.A.C.I. Falabella
1937
1939
EconomyWorld War II begins; wartime production surges.
FoundedIRSA Inversiones y Representaciones S.A.
1943
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedTrammell Crow Company
1948
FoundedSimco S.A.
1956
FoundedSilverstein Properties, Inc.
1957
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedLincoln Property Company
1965
FoundedNew World Development Company Limited
1970
FoundedTarragon Realty Investors, Inc.
1973
1975
TechnologyThe personal-computer era begins.
FoundedThe Staubach Company
1977
FoundedTishman Speyer Properties, L.P.
1978
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedAmerihost Properties, Inc.FoundedFlorida East Coast Industries, Inc.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedFortis, Inc.
1987
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Hongkong Land Holdings Limited →
Active · founded 1889 · Hong Kong
Hongkong Land Holdings Limited is one of Hong Kong's foremost property investment, development, and management…
Land Securities PLC →
Active · founded 1905 · United Kingdom
Unlike most of its competitors, Land Securities PLC has achieved and maintained its position as the United Kingdom's…
CB Richard Ellis Group, Inc. →
Active · founded 1906
CB Richard Ellis Group, Inc., is the world's largest commercial real estate services firm.
Rockefeller Group International Inc. →
Active · founded 1928
Rockefeller Group International Inc., which does business as The Rockefeller Group, is no longer linked to the…
The St. Joe Company →
Active · founded 1936
The St.
Mitsubishi Estate Company, Limited →
Active · founded 1937 · Japan
A unit of the Mitsubishi Group, Mitsubishi Estate Company, Limited (MEC) is one of the foremost real estate management,…
S.A.C.I. Falabella →
Active · founded 1937 · Chile
S.A.C.I.
IRSA Inversiones y Representaciones S.A. →
Active · founded 1943 · Argentina
In the space of less than a decade--the 1990s--IRSA Inversiones y Representaciones S.A.
Trammell Crow Company →
Active · founded 1948
Trammell Crow Company is one of the world's largest real estate management companies.
Hammerson plc →
Active · founded 1953 · United Kingdom
Hammerson plc's more than £3.3 billion in property assets in the United Kingdom, France, and Germany make it one of…
Simco S.A. →
Active · founded 1956 · France
Simco S.A., an acronym for Société d'Investissements Immobiliers et de Construction (which translates roughly as…
Silverstein Properties, Inc. →
Active · founded 1957
Silverstein Properties, Inc.
Lincoln Property Company →
Active · founded 1965
Lincoln Property Company is one of the top developers of both office buildings and residential apartment complexes,…
Unibail SA →
Active · founded 1968 · France
Unibail SA is France's leading commercial property management company, with a portfolio of office buildings, shopping…
New World Development Company Limited →
Active · founded 1970 · Hong Kong
Since its founding in 1970, New World Development Company Limited has been a leader in Hong Kong's bustling commercial…
Tarragon Realty Investors, Inc. →
Active · founded 1973
Tarragon Realty Investors, Inc.
The Staubach Company →
Active · founded 1977
The Staubach Company is one of the leading providers of corporate real estate services in the United States.
Tishman Speyer Properties, L.P. →
Active · founded 1978
Tishman Speyer Properties, L.P.
Parque Arauco S.A. →
Active · founded 1981 · Chile
Parque Arauco S.A.
Amerihost Properties, Inc. →
Active · founded 1984
Amerihost Properties, Inc.--known for its fast-growing flagship chain AmeriHost Inns--owns and operates more than 90…
Florida East Coast Industries, Inc. →
Active · founded 1984
In 2000, Amtrak reached an agreement to use FECR's coastal tracks to begin a passenger service.
Fortis, Inc. →
Active · founded 1987 · Canada
Fortis, Inc., through its subsidiaries, is the leading distributor of electricity in the Province of Newfoundland and…
Reckson Associates Realty Corp. →
Active · founded 1994
Reckson Associates Realty Corp.
Build It Today

Starting a nonresidential property managers company now

Each week we rebuild one of these stories with today's tools and capital.