Memphis, Tenn. - Memphis-based Crye-Leike, a full service real estate company and the largest real estate company in Tennessee and the Mid-South, announced that it has attained top rankings among Memphis, Tennessee's largest and most successful private companies.
A recent research report, produced by the Memphis Business Journal, ranked Crye-Leike No. 23 among the largest private companies in Memphis, Tenn., a move upward from its No. 28 ranking in 2003.
Crye-Leike has four regional hub offices located in Memphis, Nashville and Chattanooga, Tennessee and Little Rock, Arkansas.
The report further ranked Crye-Leike No. 21 among Memphis' largest employers, a ranking it has retained for the past two years. Crye-Leike reported 349 full-time employees within its Greater Memphis Region in 2004 compared to 320 in 2003.
The rankings were a part of the Memphis Business Journal's annual Top 100 Private Companies list. The business journal based the rankings on the companies' gross revenues in the Greater Memphis Region during 2004, a criteria established by journal's researchers due to the broad spectrum of industries represented on the list. Additional criteria included that companies must maintain their headquarters in the Memphis metropolitan statistical area (MSA). The MSA includes Shelby, Fayette and Tipton counties in Tennessee, DeSoto County in Mississippi and Crittenden County in Arkansas.
Crye-Leike generated $151.2 million in gross revenue in 2004 within its Greater Memphis Region, a growth in revenue of 16.2 percent compared to $126.6 million in 2003.
Belz Enterprises and Kemmons Wilson Cos., real estate development & management companies, were the only other real estate related businesses in Memphis that were ranked among the top 25 of the Top 100 Private Companies list.
Crye-Leike (www.crye-leike.com), a full service real estate company for 28 years, is the nation's 10th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,900 sales associates and 90 branch and franchise offices located in 47 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. Crye-Leike also is ranked No. 5 in the nation among the 144 largest privately owned and independent real estate companies.
As a full service real estate company, Crye-Leike offers real estate and related services, including: residential real estate services; relocation services; commercial business and investment real estate services; property leasing and management services; business brokerage services; REO - bank-owned homes; mortgage lending facilities; insurance services; title services; home services; auction services; apartment locator services; franchise sales and builder resource services.
Crye-Leike Ranks No. 23 Among the Largest Private Companies in Memphis, Tenn.
June 28, 2005