Rick Knauf, who previously managed both offices, will remain as managing partner of the new location, which houses a 21-person brokerage team and its support staff. The team will focus on submarkets from Mountain View to north to South San Francisco, offering a full slate of services.
"We're bringing together leasing and sales for R&D, office, industrial and retail," Knauf tells GlobeSt.com "We did not offer all of those services at both locations."
Colliers Parrish principal Jeff Fredericks says the merger will allow the two teams to coordinate more of their activities and services. "We can now support all product types and customer requirements for the region out of a single, full-service office," he says.
The two offices Colliers Parrish vacated and the one just occupied all are owned by Equity Office, and that the news space is approximately the same size as the two former spaces combined. There was no decrease in the number of brokers overall and there is room for the company to add several, Knauf tells GlobeSt.com.
Colliers Parrish was on a month-to-month lease at one of its previous Peninsula locations and the other lease was expiring, so there is no lease overhang on its previous locations, said Knauf, adding that he has been working with Equity Office for nearly a year to find a nice space in the right building in the best location on the Peninsula.
Colliers Parrish is part of Colliers International, a worldwide affiliation of independent real estate companies with nearly 300 offices in 61 countries. Colliers Parrish operates 12 offices in California and Nevada. The new Redwood City office opened on Monday, Nov. 17. The street address is 203 Redwood Shores Parkway, Suite 125.
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