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Press release from PR Newswire

Colliers International Expands Washington, DC Operations

Wednesday, June 22, 2011

Colliers International Expands Washington, DC Operations11:55 EDT Wednesday, June 22, 2011-Broadens DC Footprint into Northern Virginia; Introduces Property Management Services Platform to Regional Operation-WASHINGTON and SEATTLE, June 22, 2011 /PRNewswire/ -- Colliers International has expanded the range and depth of its metro Washington, DC-based operations by simultaneously launching a new office in Northern Virginia and introducing a regional property management practice. These latest measures will significantly bolster Colliers International's already formidable market presence in the nation's capital and surrounding region and provide expanded resources to accelerate the success of Colliers' clients. The newest Colliers International office will be located in McLean, Va., led by industry veteran and regional specialist Andrew Klaff, who formerly served as a senior level executive with Grubb & Ellis. Klaff will initially be supported by a four-person team of professionals, including Warren Amason, executive vice president; Chad Arnold, senior vice president; Warren Mayberry, associate vice president; and Katherine Camacho, client services associate.The new property management operation, which will be based in Colliers International's existing office in downtown Washington, DC, will manage a growing portfolio of commercial properties throughout the region. The property management team is comprised of: David Peterson, regional managing director, real estate management services; Jason Dinan, director of engineering; Lynn Johnson, financial analyst; Jason Meidhof, marketing manager; and Alexander McGregor, marketing assistant."Colliers International is deeply committed to providing our clients in the capital region with the best services platform in the industry," said Dylan Taylor, chief executive officer of Colliers International in the U.S. "With today's news, we are much closer to achieving that objective through the establishment of a critical beachhead in Northern Virginia and the creation of a regional property services platform. Under the leadership of Tim Hague, I have no doubt that our expansion efforts will continue to attract the best and brightest professionals in the marketplace." "This is big news for the commercial real estate services industry throughout the District and within other critical markets such as Northern Virginia," said Tim Hague, executive managing director of Colliers International's metro Washington, DC region. "By launching a new office across the Potomac, we are accelerating our market-leading presence in the region. Our expanded property management platform will quickly become a leading service provider to property owners, offering a wide array of integrated services to drive maximum value for our clients' portfolios." About Colliers InternationalColliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 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. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.SOURCE Colliers InternationalFor further information: Richard Mulieri, richard@themarino.org, or Parke Chapman, parke@themarino.org, both of The Marino Organization, +1-212-889-0808