December 16, 2016
Toronto-based Colliers International Group Inc. signed a merger agreement with its largest independently owned affiliate in the U.S. The integration of Colliers Parrish International Inc. (CPI), adds nine California offices in San Jose, Oakland, Stockton, Pleasanton, Redwood City, Fairfield, Mountain View, Gilroy and Walnut Creek, as well as Las Vegas and Reno, NV.
The deal brings 400 real estate professionals into the Colliers network that provides a comprehensive suite of services including investment sales, lease brokerage, capital markets, valuation and advisory and property management. Terms of the transaction were not disclosed.
Colliers’ Martin Pupil says, “Integrating CPI with our existing operations in Northern California significantly increases our scale and coverage, allowing us to seamlessly and effectively serve our clients in this important region.”
CPI has been part of the Colliers organization for more than two decades.
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