Colliers International Further Expands in Indianapolis with Addition of Resource Commercial Real Estate

Global Firm Strengthens Indianapolis Operations

SEATTLE and INDIANAPOLIS, May 11 /PRNewswire/ -- Colliers International has marked another critical milestone in the evolution of its growing U.S. platform as it announced that Indianapolis' premier commercial real estate firm, Resource Commercial Real Estate, will be joining Colliers International.  The addition of Resource Commercial Real Estate to the Colliers International platform comes on the heels of several recent Colliers announcements of expanded operations throughout the country.

By joining Colliers International, Resource Commercial Real Estate will become part of one of the world's top tier real estate brands, with 15,000 employees operating out of more than 480 offices in 61 countries and with revenues of nearly $2 billion.

"Colliers International is moving forward in our campaign to become the market leader in the United States, and the Resource Commercial Real Estate move to our platform marks another step towards achieving that goal," said Dylan Taylor, Chief Executive Officer of Colliers International in the U.S. "The Resource Commercial Real Estate professionals are well-known throughout the greater Indianapolis marketplace for their commitment to delivering quality services to their clients. With their local knowledge and expertise, Colliers International has strengthened its market position within one of the largest and most important Midwest real estate markets."

The Resource Commercial Real Estate addition follows a series of similar and ongoing announcements that have vastly altered the commercial real estate services landscape. Earlier this year, Colliers International announced that it will combine operations and global real estate services platforms with FirstService Real Estate Advisors.

"When we founded this firm five years ago, we were determined to consistently provide our clients with the highest level of service quality in the regional marketplace," said Tim O'Brien, President and Principal of Resource Commercial Real Estate.  "By becoming part of a centrally operated and financially secure firm with a best-in-class services platform, our existing and new clients will immediately benefit from the news.

The privately held and independent firm adopted the Colliers International name and branding on May 11.  There will be no leadership or personnel changes at the firm.

Resource Commercial Real Estate is a leading provider of office, industrial, retail, land, medical office and investment property brokerage. The firm also provides tenant/buyer representation, landlord advisory services, multi-market corporate real estate services, project management, consulting/advisory services, incentive procurement and build-to-suit services. Resource Commercial Real Estate was founded in 2005 and continues to be owned and managed by its five founding principals.

About Colliers International

Colliers International is the third largest commercial real estate services company in the world with 15,000 professionals operating out of more than 480 offices in 61 countries.  A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research.  The latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate firm in the world.  

CONTACT: Parke Chapman, +1-212-889-0808, [email protected]

SOURCE Colliers International