flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Office Report: Fitouts, renovations keep sector moving

Office Report: Fitouts, renovations keep sector moving

BD+C's Giants 300 Top 25 AEC Firms in the Office sector.


By By BD+C Staff | July 20, 2012
Headquarters of 9to5 Seating, Hawthorne, Calif., a manufacturer of ergonomic off
Headquarters of 9to5 Seating, Hawthorne, Calif., a manufacturer of ergonomic office seating. The 100,000-sf office, manufacturin
This article first appeared in the July 2012 issue of BD+C.

Is there life after death? Judging by the commercial office sector, maybe there is. After several years in an advanced stage of morbidity, propped up largely by tenant fitouts and renovations, the office sector may be starting to show signs of life.

The ULI Center for Capital Markets and Real Estate recently stated (based on data from CBRE) that the sector is expected to show “steady and substantial three-year improvements,” with vacancy rates declining from 15.4% this year, to 14.4% in 2013 and 12.3% by year-end 2014.

Rental rates should be up 3.7% in ’13, says the ULI. +

 

TOP 25 OFFICE SECTOR ARCHITECTURE FIRMS

Rank Company 2011 Office Revenue ($)
1 Gensler 432,000,000
2 HOK 144,865,720
3 Perkins+Will 103,737,646
4 HDR Architecture 40,800,000
5 Kohn Pedersen Fox Associates 40,030,000
6 Hammel, Green and Abrahamson 39,600,000
7 NBBJ 38,830,000
8 RTKL Associates 38,055,565
9 Nelson 36,223,716
10 SmithGroupJJR 30,700,000
11 Heery International 29,004,000
12 PageSoutherlandPage 28,130,000
13 HLW International 26,750,000
14 HNTB Architecture 25,231,479
15 Cannon Design 23,000,000
16 IBI Group 22,391,853
17 EYP Architecture & Engineering 20,000,000
18 Little 19,739,500
19 LEO A DALY 16,832,770
20 Ware Malcomb 16,762,000
21 DLR Group 14,000,000
22 ZGF Architects 13,227,504
23 RSP Architects 13,151,000
24 HKS 12,227,874
25 Corgan Associates 12,109,000

 

TOP 25 OFFICE SECTOR ENGINEERING FIRMS

Rank Company 2011 Office Revenue ($)
1 AECOM Technology  Corp. 1,291,000,000
2 Jacobs 261,100,000
3 Parsons Brinckerhoff 127,900,000
4 Science Applications International Corp. 116,240,000
5 URS Corp. 58,000,000
6 Burns & McDonnell 43,493,660
7 Michael Baker Jr., Inc. 42,890,000
8 Stantec 42,300,000
9 Dewberry 41,215,530
10 Thornton Tomasetti 34,780,000
11 WSP USA 34,500,000
12 ESD/Environmental Systems Design 22,900,000
13 Arup 19,146,849
14 Syska Hennessy Group 18,504,074
15 AKF Group 15,500,000
16 Sebesta Blomberg 14,590,000
17 GHT Limited 13,891,000
18 Clark Nexsen 13,029,482
19 Glumac 11,736,618
20 KPFF Consulting Engineers 10,000,000
21 R.G. Vanderweil Engineers 9,354,500
22 Wiss, Janney, Elstner Associates 8,967,000
23 RDK Engineers 8,835,000
24 H&A Architects & Engineers 7,757,000
25 Interface Engineering 7,290,488

 

TOP 25 OFFICE SECTOR CONSTRUCTION FIRMS

Rank Company 2011 Office Revenue ($)
1 Turner Corporation, The 1,489,944,482
2 Clark Group 1,148,992,603
3 Structure Tone 1,004,320,000
4 Balfour Beatty US 825,948,471
5 Hensel Phelps Construction 619,660,000
6 Gilbane Building Co. 617,058,000
7 PCL Construction Enterprises 594,444,509
8 BL Harbert International 589,000,000
9 James G. Davis Construction Corp. 450,000,000
10 Clayco 426,000,000
11 Suffolk Construction 388,644,645
12 Whiting-Turner Contracting Co., The 386,520,693
13 Holder Construction 327,000,000
14 Tutor Perini Corp. 312,940,000
15 Weitz Company, The 302,418,397
16 Ryan Companies US 288,463,756
17 DPR Construction 261,922,722
18 Jacobs 261,100,000
19 Webcor Builders 229,121,806
20 Mortenson 221,980,000
21 Walsh Group, The 211,738,006
22 JE Dunn Construction 203,050,158
23 Pepper Construction Group 197,357,000
24 Jones Lang LaSalle 180,000,000
25 Lend Lease 173,228,092

Related Stories

| Sep 6, 2013

U40 Summit featured speaker: Arthur Gensler on how to build a world-class AEC practice

Gensler, founder of the world’s largest architecture firm, will talk about the role of the architect in society, the impact of great design, and the practicalities of starting and running a practice, and will offer advice for today’s young design and construction professionals.

| Sep 4, 2013

Augmented reality: 12 applications for design and construction professionals

Building Design+Construction reached out to AEC professionals who have studied and applied augmented reality and asked them to pinpoint applications that are ripe for the technology. Here’s what they had to offer.

| Sep 4, 2013

Augmented reality goes mainstream: 12 applications for design and construction firms

Thanks to inexpensive mobile devices and increasingly advanced software apps, Building Teams are finally able to bring their BIM models to life on the job site. 

| Sep 4, 2013

K-12 school design that pays off for students

More and more educators are being influenced by the Reggio Emilia approach to pedagogy, with its mantra of “environment as the third teacher”—an approach that gives Building Teams a responsibility to pay even closer attention to the special needs of today’s schools.

| Sep 4, 2013

Smart building technology: Talking results at the BUILDINGChicago/ Greening the Heartland show

Recent advancements in technology are allowing owners to connect with facilities as never before, leveraging existing automation systems to achieve cost-effective energy improvements. This BUILDINGChicago presentation will feature Procter & Gamble’s smart building management program. 

| Sep 4, 2013

Last chance to pre-register for BUILDINGChicago/Greening the Heartland Conference at 20% savings

Attendees of the BUILDINGChicago/Greening the Heartland Expo and Conference can still save 20% off the at-site registration fee by registering online in these final days before the event opens on September 9 and concludes on September 11.

| Sep 3, 2013

'School in a box' project will place school in San Diego public library

Thinking outside the box, LPA Inc. is designing a school inside a box. With an emphasis on three E’s—Engage, Educate, and Empower—e3 Civic High is now being constructed on the sixth and seventh floors of a public library in downtown San Diego. Library patrons will be able to see into the school via glass elevators, but will not have physical access to the school.

| Sep 3, 2013

Delinquency rate for commercial real estate loans at lowest level in three years

The delinquency rate for US commercial real estate loans in CMBS dropped for the third straight month to 8.38%. This represents a 10-basis-point drop since July's reading and a 175-basis-point improvement from a year ago. 

| Sep 3, 2013

EDGE studio, GBBN announce merger

GBBN Architects and EDGE studio of Pittsburgh, Pennsylvania are very pleased to announce the merger of their firms under GBBN Architects effective September 1, 2013.

| Sep 3, 2013

Jon Pettit (1952-2013) - DLR Group Managing Principal

Jonathan (Jon) E. Pettit, AIA, died August 19, 2013 in Seattle following treatment for cancer. He was 61. Pettit was a DLR Group managing principal and practiced for his entire professional career with DLR Group. 

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021