Colliers has acquired Colliers Greater Cincinnati and Colliers Cleveland, which were previously affiliate operations.
As company-owned operations, Colliers| Greater Cincinnati – Dayton and Colliers|Cleveland – Akron can continue to build on their market leadership by increasing service capabilities and leveraging the resources of Colliers’ platform. Details of the transaction were not disclosed.
Founded in 1958, Colliers Cincinnati has been one of the leading commercial real estate services firms in Greater Cincinnati. Under the Colliers brand, it expanded into Cleveland in 2012. With more than 100 professionals, the operations provide landlord agency, tenant representation, investment sales brokerage, property management, and project management services to investors, developers, and occupiers of commercial real estate.
“Integrating into Colliers was a natural next step that will allow us to capitalize on more opportunities in our two markets,” said Shenan Murphy, vice chairman of Colliers|Greater Cincinnati – Dayton and Colliers|Cleveland – Akron. “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.”
