A plummeting stock price and staff layoffs – CB Richard Ellis is tight on cash due to reduced business income.  In the last year its shares have plummeted 75% in value to $5.  The company said it had cut $190 million in fixed costs this year, in part through eliminating about 1,100 budgeting positions.  CBRE also reduced it marketing and travel expenses.

They are not alone.  Jones Lang LaSalle Inc’s stock is off 66% from last year.  Grubb & Ellis shares have fallen about 80% in value.  Cushman & Wakefield may not be publicly traded, but their owner is not American, rather an Italian company.  A commercial real estate buyer, seller, tenant or landlord may want to consider an American owned firm that is not strapped by the above mentioned forces.