Colliers International Expands Southeast Presence
Dan Spiegel, the executive vice president of operations for Colliers International
in the United States said that, "There is a significant growth opportunity for Colliers not only in Alabama, but also in the southeast region. We are very excited to welcome our new colleagues to the Colliers family in Birmingham, a leading market in the state, and for the future of the firms southeastern operations as we continue to grow. This addition will surely strengthen our footprint in the area."
The new office will gain the expertise of Birmingham-based Sadner Commercial Real Estate. The firm specializes in office and industrial real estate with its staff of commercial real estate brokerage experts and property management professionals. They will join Colliers Internationals 12,300 professionals working out of 522 offices in 62 countries. Sandner will grow its service offerings and improve assistance of its clientele in Alabama, the southeast region of the United States, and eventually, all over the world.
Joe Sandner III, SIOR, CEO of Colliers Birmingham said that he "first began speaking with Colliers nearly 25 years ago and recognized the path of high growth potential the company was headed down. Colliers has strong connections with people across the country and we believe their entrepreneurial spirit matches the enterprising culture of our firm as well. It was easy to see Colliers was the best fit for us. In order to better serve our clients, we needed a broader platform in terms of specialty areas and expertise, and that's exactly what Colliers offers."
In 2011, Sadners's Birmingham-area real estate brokers finished approximately 91 transactions, creating more than $109 million in transactions. Daily, Sandners property management division oversees a portfolio of 1.6 million square feet of office space, retail, and industrial facilities across Alabama, catering to more than 148 tenants. Currently, the firm offers tenant representation, project leasing, property management, brokerage/investment sales and acquisitions, and investment advisory.
President of Colliers Birmingham, Joe Sandner IV, said, "Because our history is focused in the office and industrial markets, were especially excited about the opportunity to expand our firms retail sector. Colliers has expertise and background in this area that is unmatched by other national players."
Colliers International is the third biggest commercial real estate services company in the world. The firm is a subsidiary of FirstService Corporation, and seeks to gain success for its clients by offering services to real estate users, owners, and investors around the world, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, mortgage banking and research, consulting and appraisal services, and valuation.
Colliers International was ranked the second-most recognized commercial real estate firm in the world by the latest annual Lipsey Company survey, and is the top United States real estate company according to both Commercial Property Executive and Multi-Housing News magazines.
by: Bruce Garland
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