Colliers Expands in North Texas
- May 05, 2015
Colliers International has acquired CASE Commercial Real Estate Partners, L.L.C, a Dallas-based firm, which will rebrand to the Colliers International name.
“There are so many reasons we were excited about CASE, but the most important consideration of the appeal is really culture,” Craig Robinson, Colliers International USA’s president, told Commercial Property Executive. “In the investment services space, culture is perhaps the most important defining attribute of any firm. We are excited about not only what they bring to us from a strategic perspective but from the cultural augmentation of their office. ”
The acquisition will expand Colliers’ operations in North Texas to 182 professionals, 79 of which are advisors, and enhance its services in sectors such as medical office, retail and investment sales.
“North Texas is a very important economy for our clients,” Robinson said. “Capital continues to flow there, there are jobs built specifically around the medical industry, the insurance industry and many others. CASE has very strong vertical expertise around some of the areas we find very exciting and where we see long-term growth opportunities.”
Colliers’ North Texas office offers a depth of expertise in strategic planning, tenant representation, brokerage services, global corporate solutions, property management and leasing, land sales, and lease administration. The firm also provides advisory services for development and real estate investment ventures.
Founded in 1986 by John Conger and Tom Sutherland, CASE Commercial Real Estate Partners has built a notable reputation in the region for its commitment to service and extensive expertise with key specializations in the areas of healthcare, corporate relocations and law firm services.
“John Conger and Tom Sutherland will remain key principals in our Dallas/Fort Worth business. That was a big part of the appeal of CASE; not only were we bringing aboard a great team of client service professionals but also that we would benefit from their leadership and community presence,” Robinson added. “David Pinsel is the leader of our North Texas business and he will continue to run and grow and lead the business forward. We will very much look to John and Tom to help bring leadership.”
According to Robinson, the move advances Colliers’ focus on strategic expansions in major metropolitan markets throughout the U.S.
It’s been a busy time for Colliers. The deal comes on the heels of Colliers’ acquisition of notable project management firm Strategic Building Solutions in Madison, Conn. two weeks ago.
“First and foremost, we have excellent coverage in the U.S., with 150 offices and nearly 5,000 professionals, and in major markets like Dallas, we are always looking for ways to scale and deepen our local market capabilities, and that’s what CASE does for us,” he concluded. “We’ve been very methodical and disciplined in how we grow both organically and through acquisitions. The acquisition of SBS was consistent with our priorities as well.”