Colliers International Further Expands in Ohio with Addition of Cincinnati's West Shell Commercial

SEATTLE and CINCINNATI, April 27 /PRNewswire/ -- Colliers International has marked another critical milestone in the evolution of its growing U.S. platform as it announced that Cincinnati's premier commercial real estate firm, West Shell Commercial, will be joining Colliers International.  The addition of West Shell Commercial to the Colliers International platform comes on the heels of the recent Colliers announcement of expanded operations in Columbus.

By joining Colliers International, West Shell Commercial and its 88 professionals 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 committed to being the market leader in the United States, and the West Shell Commercial move to our platform is another step in solidifying that position," said Dylan Taylor, Chief Executive Officer of Colliers International in the U.S. "With the addition of West Shell Commercial's strength in Cincinnati, and Adena Commercial in Columbus, we are able to offer our clients with the highest level of service and depth of local knowledge and expertise throughout Ohio."

The West Shell Commercial 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.

"Our long track record of delivering superior services to our clients will not only continue -- it will be enhanced significantly," said Shenan Murphy, CCIM, President and CEO of West Shell Commercial.  "We are becoming part of a centrally operated and financially secure firm with a best-in-class services platform.  While we are thrilled that we will soon be part of Colliers International, the real beneficiaries of this move will be our clients."

West Shell Commercial, a leading provider of office, retail, industrial, investment and other specialized property services, was founded in 1958 and manages 9.5 million square feet of commercial space. The firm, which formerly served as a top-producing affiliate for a mid-level U.S. commercial real estate service firm, will adopt the Colliers International name and branding on May 1.  There will be no leadership or personnel changes at the firm.

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.  

About West Shell Commercial

West Shell Commercial's services encompass all categories of commercial and investment properties with professionals dedicated to sales and leasing, consulting, investment advisory, asset management, property management, and construction and design services. West Shell Commercial has served the Tri-State area since the company's founding by West Shell, Jr. in 1958. West Shell Commercial is a consistent leader in the number of professionals recognized by the Commercial Real Estate Council's as Top Producers.

SOURCE Colliers International