Tuesday, May 1, 2012

Colliers combines with two other real estate firms - Business Courier of Cincinnati:

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The new holding companyt will next expand to include in New The combined company will be one of the largesft real estate services firms in the Terms of the deal werenot disclosed. Locally, Colliers Turlety Martin Tucker isthe second-largestf commercial real estate firm in the Tri-State, according to Couriere research, with offices in downtowjn Cincinnati. Crystal Kirkland, marketing manager for Colliers TurlehMartin Tucker’s Dayton office, said the consolidatioj will strengthen Colliers in the market. “We’rw hoping it will accelerate our growth and give us leveragr with moreglobal power,” she said. “Igt will also help us respond to clients’ needas better.
” Kirkland said Colliers will keep its nameand doesn’yt expect any major changes in day-to-day operations. The combinationj of the four firms results in a property management portfolioi of 288 million square feet and a leasing portfoliio of 210 millionsquare feet. The combined companyg manages morethan 20,000 locations for Fortune 1000 companiezs as well as other organizations. Last the combined capital markets transaction volumewas $5 Colliers Turley Martin Tucker is one of the country’z largest commercial real estate firms. It also has offices in St. Indianapolis; Kansas City, Mo.; Minneapolis/St. and Nashville, Tenn.
The other firms cove r the Mid-Atlantic and Washington, D.C. areas.

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