DeVries is an industrial specialist who formerly was with CBRichard Ellis and will be based in the Irvine and Ontario officesof Colliers. Foroughi is a retail investment specialist whoformerly was with Sperry Van Ness, and Pisarik joins Studley after22 years at Colliers.

[IMGCAP(2)]At CBRE, DeVries was with the Ontario office of CBRichard Ellis, where he closed transactions totaling more than $400million, including the leasing and sales of six million square feetof industrial space in the Inland Empire market. He worked at Grubb& Ellis for 10 years before joining Colliers International in1997, formerly Colliers Seeley International, and then CB RichardEllis in 2002.

[IMGCAP(3)]Martin Pupil, senior managing director of ColliersInternational in Greater Los Angeles, points out that DeVries isone of numerous brokers and other professionals in commercial realestate who have changed firms lately. According to Pupil, suchchanges are to be expected in the current economic landscape.

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