Adding Colliers Long Island further strengthens operations in the region
Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) announced today the acquisition of Colliers International Long Island (“Colliers Long Island”). From their offices in Lake Success, New York, the professionals from Colliers Long Island provide the Long Island region with leasing and sales brokerage services to real estate occupiers, owners and investors. Terms of the transaction were not disclosed.
“The addition of Colliers Long Island is another strategic step in expanding operations in the New York Tri-State region and providing a foundation for growth into Queens and Brooklyn,” said Joseph Harbert, Colliers International President | Eastern Region. “The acquisition of Colliers Long Island is further evidence of our commitment to invest in our people, markets and our clients.”
“Becoming part of the Colliers International global entity was the natural next step for us,” said Herb Agin, CEO of Colliers Long Island. “We expect to fully integrate operations within the existing Tri-State Region and leverage the size, capital and best-in-class infrastructure of the Colliers International brand and global platform to better serve our clients and expand opportunities for our professionals,” he concluded.
“Following the acquisition earlier this year of project manager Gorton & Partners, as well as the addition of several high profile strategic hires, Colliers has further elevated its service capabilities in the largest real estate market in the world. The New York Tri-State region will continue to be a key strategic focus area going forward,” added Dylan Taylor President & COO of Colliers International.
About Colliers International
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
For the latest news from Colliers, visitColliers.com or follow us on Twitter: @Colliers andLinkedIn.
Advisory Regarding Forward-Looking Information
Certain information included in this news release is forward-looking, within the meaning of applicable securities laws. Much of this information can be identified by words such as “believe”, “expects”, “expected”, “will”, “intends”, “projects”, “anticipates”, “estimates”, “continues” or similar expressions suggesting future outcomes or events. Colliers believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
