TORONTO—Colliers International Group says it has acquired Lance, a leading real estate investment and corporate advisory firm in Morocco.

Based in Casablanca, the firm employs 15 people and provides a full range of commercial property services including sales and lease brokerage particularly for international companies operating in the region. Colliers currently employs 35 people in Casablanca and offers a range of services including tenant representation, workplace consulting and project management services.

"Lance expands Colliers' investment and corporate advisory capabilities in North Africa and is extremely complementary to our current business activities," said Chakib Guessous, managing director of Colliers International—Morocco. "The Lance team has built an enviable reputation locally and by combining operations we will be able to offer clients unrivalled access to a fully-integrated suite of workplace solutions and commercial property services."

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.