NEW YORK CITY—A powerhouse capital markets team is joining Colliers International in the firm's New York and Tri-State region. Scott Latham, Richard Baxter and Yoron Cohen will each serve as vice chairmen of the firm, effective Dec. 13.

The trio will move over from JLL, where they've co-led the New York City capital markets team since 2010. A JLL spokeswoman tells GlobeSt.com the firm has no comment.

“This game changing move adds a top-tier capital markets team with a stellar reputation and local, national and global expertise to our team of highly-respected and accomplished professionals,” said Joseph Harbert, president | Eastern Region at Colliers. “This is the latest in a series of strategic hires, which most recently included bringing on retail brokerage icons Brad Mendelson and David Green, to bolster our business in crucial specialty areas that provide Colliers' clients with the industry's best strategic thinking, tactical advice and transactional execution.”

Between them, Latham, Baxter and Cohen have handled more than $40 billion in transactions across the office, multifamily, urban retail, hotel and R&D sectors. The trio each bring more than 30 years of investment, transaction and asset management experience to Colliers.

Among the highlights of the team's track record have been the sales of the MetLife Building, the Plaza Hotel, 666 Fifth Ave. and 737 Park Ave. This year alone, they have sold and or recapitalized a number of high profile properties, including 850 Third Ave., 275 Madison Ave., 61 Broadway and the Sony Building at 550 Madison Avenue, the latter a $1.4-billion transaction.

Latham says that Colliers offers “an entrepreneurial culture, an exceptional track record of creating value for clients and a global platform that is second to none. Our team is fully aligned with the company's winning culture and we look forward to capitalizing on the many opportunities we see that will bring value to our clients in the years to come.”

The trio will move over from JLL, where they've co-led the New York City capital markets team since 2010. A JLL spokeswoman tells GlobeSt.com the firm has no comment.

Instant Insights /

Colliers Brings in Cap Markets Heavyweights

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