United States Facility Management Industry Overview
The US facility management market is fragmented owing to the presence of major local and global players. The growing demand for facility management services is expected to attract more players, which will intensify the competition. Compass Group PLC, Sodexo Inc., CBRE Group Inc., Ingersoll Rand (Trane), Ecolab, ISS Facilities Services Inc., G4S PLC, Jones Lang LaSalle Incorporated (JLL), EMCOR Group Inc., and Cushman & Wakefield are some of the notable players in the market.
- In January 2024, CBRE Group Inc. and Brookfield Properties announced a strategic partnership that leverages the combined power of both firms to drive tenant satisfaction and property performance. The partnership will allow CBRE and Brookfield Properties to provide one another with a full range of real estate management services for more than 65 million square feet of office space in the United States, which include construction operations, property accounting, procurement work, and technology support.
- In January 2024, Nuvama Asset Management, the alternatives-focused asset management arm of Nuvama Wealth Management Ltd and Cushman & Wakefield, announced the formation of a new 50:50 joint venture entity, Nuvama and Cushman & Wakefield Management Private Limited (“NCW”). The new entity will act as a powerful platform offering a full suite of capabilities for investing in commercial real estate.
United States Facility Management Market Leaders
-
CBRE Group, Inc.
-
Jones Lang LaSalle Incorporated
-
Cushman & Wakefield plc
-
Emeric Facility Services
-
SMI Facility Services
- *Disclaimer: Major Players sorted in no particular order
