Ryan Kratz, Colliers International President | U.S. Southeast Region Ryan Kratz, Colliers International President | U.S. Southeast Region

CHARLOTTE, NC—Global real estate real estate services and investment management firm Colliers International Group, Inc. has acquired its operating affiliate here—Colliers International Charlotte—which was headed by founding principals Greg Copps and Lawrence M. Shaw.

Colliers states that as a company-owned operation, the Charlotte office will further augment the Toronto-based firm’s owned operations by adding service capabilities in what it describes as “one of America’s vibrant and fast-growing markets.” Details of the transaction were not disclosed. Copps and Shaw are now co-market leaders of the Colliers Charlotte office.

“With an attractive cost of living, leading educational institutions and a highly skilled workforce, Charlotte has become the second largest banking center in the U.S. and one of the best places to do business in the nation,” says Ryan Kratz, Colliers International President | U.S. Southeast Region. “The seasoned professionals at Colliers Charlotte already enjoy a strong reputation and, with the resources of our global operations, can now better serve their clients. With this addition, we continue to deliver on our goal of elevating our platform while remaining the most enterprising company in the industry, with a culture that enables our people to maximize every opportunity and accelerate success.”

“As an affiliate of Colliers for many years, this was the next natural step for us, providing us the platform to expand our service capabilities in an important and growing market,” Copps says.

Shaw adds, “By integrating our operations into the Colliers global platform and leveraging its established infrastructure and industry leadership, we look forward to taking our business to the next level.”

Earlier this year, Colliers Charlotte announced two new promotions within the Charlotte office—Justin L. Smith, SIOR was promoted to senior vice president and Chandler R. Knox was promoted to vice president.