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New Colliers President Settles In, Talks Strategy

SEATTLE, WA-Just four months on board as the new head of Vancouver, B.C.-based Colliers Macaulay Nicholls International, Douglas Frye is headquartering himself in Seattle and tightening internal operations en route to expanded services.

By Janet Parker | Updated on August 24, 2001

SEATTLE, WA-Last April, the Vancouver, B.C. based company of Colliers Macaulay Nicholls International announced it had appointed Douglas P. Frye as its new president and chief operating officer. Now four months into his tenure, Frye speaks with GlobeSt.com about choosing to headquarter himself in Seattle and operating the largest affiliate of Colliers International in today’s market.

Why the decision to operate out of Seattle? “We decided that a lot more of the growth will be in the United States (as opposed to Canada), and so it made sense to create more of a presence here from a corporate standpoint,” says Frye. “We started by looking up and down the (West) Coast and decided Seattle was perfect. It offers close proximity to Vancouver and also all the other things we were looking for in a major city—SeaTac Airport is great, the talent pool is wonderful, and the city itself is progressive yet manageable.” From a personal standpoint, Frye loves to sail and says Seattle’s waters are “gorgeous.”

Frye spent 13 of his previous 17 years at Grubb & Ellis where he last served as president of its financial services group. Having changed ships in a real estate downturn, GlobeSt.com asked Frye about doing business in today’s market and what course he’s set for CMN. “In this market, like everyone else in the industry, we’re focusing on operations—on each office and the company as a whole,” says Frye. “We’re tightening the operations side and improving our internal processes so we can build upon the efficiency and economies of scale inherent in a large corporation.” “Then,” he adds,” when we’re in a more robust market, we can grow our top line gross revenues. For now, we’ll pay more attention to working more efficiently.”

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