Colliers Expands in Cincinnati and Cleveland
The firm has acquired its affiliate offices in Ohio as part of its strategic Midwest growth plan.
CINCINNATI, OH – Colliers has acquired its affiliate offices, Colliers Greater Cincinnati and Colliers Cleveland.
The company-owned operations, Colliers Greater Cincinnati – Dayton and Colliers Cleveland – Akron, will continue to leverage Colliers’ platform resources and increase their service capabilities within the markets.
The offices, encompassing more than 100 professionals, provide landlord agency, tenant representation, investment sales brokerage, property management and project management services to commercial real estate investors, developers and occupiers. The
Colliers Cincinnati has served as one of Greater Cincinnati’s leading commercial real estate firms since its founding in 1958. In 2012, the operation expanded into Cleveland.
“Cincinnati’s and Cleveland’s diverse economies, low cost of living, strategically advantageous locations and well-educated populations make these cities an important part of our strategic growth plan for the Midwest,” states Ryan Kratz, Colliers Southeast and Mid-Central regions president of US brokerage.
Kratz adds, “Colliers Greater Cincinnati – Dayton and Colliers Cleveland – Akron have a team of highly respected and experienced professionals who have built outstanding reputations. This acquisition will allow the businesses to grow their presence and benefit from the full suite of service capabilities under the Colliers umbrella.”
Vice chairman of Colliers Greater Cincinnati – Dayton and Colliers Cleveland – Akron, Shenan Murphy states, “Integrating into Colliers was a natural next step that will allow us to capitalize on more opportunities in our two markets. We look forward to accelerating our growth and continuing our success story by being a part of Colliers’ highly respected, global platform and leveraging its size, capital, established infrastructure, and industry leadership.”