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Cassetti will focus on growing Colliers' operations and business throughout the region, while recruiting top talent and providing clients with the highest level of service.
Groch will primarily focus on opportunities to deploy capital in the company's merger and acquisition program and to allocate capital that will be invested by its real estate investments businesses—functions he has overseen for the past 10 years.
E-commerce sales totaled $453.5 billion in 2017, growing at an average of 15% annually since 2010, and e-tailers are spending big to keep the attention of buyers, to the tune of some $30 million in 2018 Super Bowl ad buys.
“This purchase allowed us to acquire two well located properties in our core market that align perfectly with our portfolio," says Todd Minerley, director of acquisitions and leasing for Stro.
The site provides 1,500 feet of Katy Freeway visibility to 46,032 vehicles daily and is the first development in the 106.6-acre Pederson Distribution Park, situated between Brookline, Pederson and I-10.