Exhibit 21.1

List of Subsidiaries of CB Richard Ellis Realty Trust



|                                             |  |                                         |  |                       
|-------------------------------------------- |  | --------------------------------------- |  | ----------------------
|Name of Entity                               |  | Jurisdiction of Incorporation/Formation |  | State of Qualification
|CBRERT Carolina TRS, Inc.                    |  | DE                                      |  |                      
|                                             |  |                                        
|RT Fairforest Building 1, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 2, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 3, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 4, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 5, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 6, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Fairforest Building 7, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Highway 290 Building 1, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Highway 290 Building 2, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Highway 290 Building 5, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Highway 290 Building 6, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Highway 290 Building 7, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Orchard Business Park 1, LLC              |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Orchard Business Park 2, LLC              |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Greenville/Spartanburg Park Building, LLC |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Blackstock Complex, LLC                   |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Blackstock Annex, LLC                     |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Cherokee Park Building, LLC               |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT HJ Park Building, LLC                     |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT North Rhett I, LLC                        |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT North Rhett II, LLC                       |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT North Rhett III, LLC                      |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT North Rhett IV, LLC                       |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Mount Holly Building, LLC                 |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Orangeburg Park Building, LLC             |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Jedburg Commerce Park, LLC                |  | DE                                      |  | SC                    
|                                             |  |                                        
|RT Kings Mountain I, LLC                     |  | DE                                      |  | NC                    
|                                             |  |                                        
|RT Kings Mountain II, LLC                    |  | DE                                      |  | NC                    
|                                             |  |                                        
|RT Kings Mountain III, LLC                   |  | DE                                      |  | NC                    



---

|                               |  |                                         |  |                       
|------------------------------ |  | --------------------------------------- |  | ----------------------
|Name of Entity                 |  | Jurisdiction of Incorporation/Formation |  | State of Qualification
|RT Union Cross I, LLC          |  | DE                                      |  | NC                    
|                               |  |                                        
|RT Union Cross II, LLC         |  | DE                                      |  | NC                    
|                               |  |                                        
|RT Fairforest Land, LLC        |  | DE                                      |  | SC                    
|                               |  |                                        
|RT North Rhett Land, LLC       |  | DE                                      |  | SC                    
|                               |  |                                        
|RT Kings Mountain Land, LLC    |  | DE                                      |  | NC                    
|                               |  |                                        
|RT Bolingbrook, LLC            |  | DE                                      |  | IL                    
|                               |  |                                        
|CBRE Operating Partnership, LP |  | DE                                      |  | CA                    
|                               |  |                                        
|RT Taunton LLC                 |  | DE                                      |  | MA                    
|                               |  |                                        
|RT Deerfield I LLC             |  | DE                                      |  | GA                    
|                               |  |                                        
|RT Deerfield II LLC            |  | DE                                      |  | GA                    
|                               |  |                                        
|RT Texas Industrial, L.P.      |  | DE                                      |  | TX                    
|                               |  |                                        
|RT Texas Industrial, LLC       |  | DE                                      |  | TX                    
|                               |  |                                        
|CBRERT Coventry, Ltd.          |  | Jersey                                  |  |                      
|                               |  |                                        
|CBRERT UK Holdings, LLC        |  | DE                                      |  |                      
|                               |  |                                        
|CBRERT UK, LLC                 |  | DE                                      |  |                      
|                               |  |                                        
|CBRERT UK TRS, LLC             |  | DE                                      |  |                      
|                               |  |                                        
|Hulfish Jersey Holdings, Ltd.  |  | Jersey                                  |  |                      
|                               |  |                                        
|RT Lakeside, LLC               |  | DE                                      |  | TX                    
|                               |  |                                        
|CBRERT Thames Valley Ltd.      |  | Jersey                                  |  |                      
|                               |  |                                        
|RT Enclave, LLC                |  | DE                                      |  | TX                    
|                               |  |                                        
|RT Avion, LLC                  |  | DE                                      |  | VA                    
|                               |  |                                        
|CBRERT Albion Mills, Ltd.      |  | Jersey                                  |  |                      
|                               |  |                                        
|Duke/Hulfish, LLC              |  | DE                                      |  | DE                    
|                               |  |                                        
|Afton Ridge Joint Venture, LLC |  | DE                                      |  | NC                    
|                               |  |                                        
|CBRERT Peterborough, Limited   |  | Jersey                                  |  | 