"While the firm has been collaborating with ColliersInternational for over a decade, this integration will allow us tomore seamlessly tie into the vast array of services which ColliersInternational provides on a global basis," says chairman DavidKahnweiler "Local, national and worldwide clients will continue tobenefit from our local expertise and market knowledge as well asour global market coverage and relationships."

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A price tag on the investment was not disclosed.

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Colliers B&K was started in 1947 and now has a managementportfolio that totals 50 million square feet in the Chicago-landarea. The company has more than 200 professionals. ColliersInternational has said its investment will not result in anypersonnel or management changes within Colliers B&K.

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Colliers International has more than 15,000 employees throughout61 countries. Jointly Colliers International and its affiliatesmanage more than 1.5 billion square feet of property. ColliersInternational is a subsidiary of FirstService Corp.

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"Colliers International is focused on accelerating success forour company and, most importantly, for our clients," says DougFrye, president and CEO of Colliers International. "Enabling ournew Chicago hub to enhance client service in a highly collaborativeorganization is a critical component of our vision for thecompany."

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