As part of the restructuring process, managing director of real estate management services John Dahlin will oversee acquisition, disposition and property management. In addition, SVPs Brian F. Raczynski and Tim Watters were hired from CB Richard Ellis to handle leasing for Colliers.
"Instead of saying we have a property management and brokerage company, what we've done is restructured ourselves into three lines; new development, tenant business and landlord business," comments Mike Fitz-Gerald, Colliers managing director. "It's on the landlord business side where we're taking all the services a property owner requires, and bringing them together."
Fitz-Gerald tells GlobeSt.com that the move came about from talking to clients, and learning that separate departments weren't the most efficient way in which to do business. "The more we started to understand some of the clients' needs, the more apparent it was that we were organized for our convenience, and not for the convenience of the client," Fitz-Gerald comments.
Another part of the service offering will involve assisting office clients to take their buildings to LEED certification. "We believe strongly that, within five years, most buildings are going to be LEED-Silver certified," Fitz-Gerald says. "We're doing this to help the building owners move in that direction."
With the Landlord Advisory Group up and running on the office side, Colliers' management is ready to begin something similar for retail asset owners. Fitz-Gerald says the company is seeking a leasing team that can fit into the plans, much like Raczynski and Watters have done on the office side. Though he wouldn't mention specifics, Fitz-Gerald acknowledges that the company is close to finding the team and launching the group for retail.
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