FirstService Real Estate Advisors Washington, DC Becomes Colliers International

SEATTLE and WASHINGTON, May 10 /PRNewswire/ -- The Washington, DC office of FirstService Real Estate Advisors, one of the region's leading commercial real estate services enterprises, today officially became Colliers International. The organization has adopted the brand, which includes a modernized logo, and will continue to operate as the Washington, DC hub of Colliers International, the world's third largest commercial real estate services organization.

The new name goes far beyond rebranding.  Like its fellow Colliers International offices around the globe, the former FirstService Real Estate Advisors can now better service its clients on a local, regional, national and international basis, thanks to an expansive roster of service lines, industry-leading executives and 15,000 employees working out of more than 480 offices in 61 countries. In addition, Colliers International's Washington, DC hub will continue its expansion by hiring the industry's best and brightest, further expanding service lines and opening new offices across the region.

"Our transition to Colliers International is great news for the entire commercial real estate services industry throughout the District and other critical markets such as Baltimore and Northern Virginia," said Tim Hague, who serves as principal of the Washington, DC operation. "We now have global reach that includes intellectual capital and service lines in every market around the world. We will continue to build on our market-leading presence in the nation's capitol."

As Hague notes, consolidation in the real estate industry has left institutional property owners and corporations in need of new and better alternatives when it comes to hiring real estate services firms that can deliver on a national and global basis. "With Colliers International's existing global platform and broad range of service offerings, we are in a unique position to provide an exciting alternative in the Washington, DC metropolitan area," he said. "We have already begun to deliver on this promise, and today's news will allow us to reach that next level."

The rebranding, which is part of a campaign being undertaken by offices across the United States and around the globe, will bring Colliers International real estate experts and service lines together under one banner. In late April, Colliers International combined operations and global real estate services platforms with FirstService Real Estate Advisors, which also began operating as Colliers International.

"Colliers International is committed to being the market leader in the United States, and bringing FirstService Real Estate Advisors under the Colliers International banner is another step in solidifying that position," said Dylan Taylor, Chief Executive Officer for Colliers International in the U.S. "Colliers International now has a market-leading presence in Washington, DC and the outlying region, and plans to significantly enhance our operations there."

About Colliers International

Colliers International is a global leader in real estate services with more than 15,000 professionals operating out of 480 offices in 61 countries.  As a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), Colliers offers the stability of a strong financial partner and significant local ownership providing clients with accountability and enterprising real estate solutions. Colliers provides a full range of services to real estate users, owners and investors worldwide including: global corporate solutions; sales and lease brokerage; property and asset management; project management; hotel investment sales and consulting; property valuation and appraisal services; mortgage banking and insightful research. The Lipsey Company and National Real Estate Investor magazine ranked Colliers International as the world's number two commercial real estate brand.

SOURCE Colliers International