Wednesday, August 13, 2008

Colliers offices to merge officially

From Co-Star:

Merger Wave Continues with Joining of 4 Colliers Affiliates

Business Combination Will Extend Reach of Colliers Affiliates from Eastern Seaboard to Midwest

Joseph Stettinius, Jr., CEO, Cassady & Pinkard Colliers
Joseph Stettinius, Jr., CEO, Cassady & Pinkard Colliers
Formalizing a partnership arrangement struck nearly two years ago, three independently owned Colliers affiliates announced plans to combine under a single ownership entity -- and add a fourth in New York.

The combination is expected to create a brokerage, investment and property services powerhouse -- and further advance the trend of commercial real estate companies joining forces to provide a broader range of services across wider areas of the U.S. and around the globe.

After testing the waters since October 2006 through a partnership agreement, St. Louis-based Colliers Turley Martin Tucker, Baltimore-based Colliers Pinkard and Cassidy & Pinkard Colliers of Washington, D.C. announced this week they will formally merge their ownership into a single holding company.

No comments: