Colliers International Adds Specialty Site Selecti

ATLANTA, Jan. 05, 2017 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI ) (TSX: CIGI ), a global leader in commercial real estate services, today announced it has acquired significant industrial and logistics site selection and location capability through a purchase from The Walker Companies. The new solution includes specialty site selection and incentive negotiation technology fully integrated with proprietary project and construction management expertise. Branded as “Colliers Indsite,” this new solution will be available exclusively to Colliers clients in the US.

“The cutting-edge software, consolidated databases and proprietary site selection and incentive management process is designed to provide clients with a unique solution to their complex site selection needs especially in the world of logistics,” said Martin Pupil, Colliers President | U.S. Brokerage.

“The introduction of Colliers Indsite proprietary software is the latest investment in our global strategy to provide the most innovative, enterprising and technologically advanced capabilities in the industry. Along with the industry leading Colliers 360 for corporate occupiers and Colliers Office Expert for office users, Colliers Indsite is another example of the differentiated value Colliers advisors offer clients," said Dylan Taylor, President & COO of Colliers International

“Our customized tools and processes shave months off a traditional location consulting project, saving clients time and money, while enhancing the potential of sites selected,” said Raymond Walker, founder of The Walker Companies. “Our model incorporates variables that cannot be evaluated by consultants or other real estate advisors, and when coupled with the expertise in incentive negotiation, real estate brokerage and project management, clients are delivered a completely integrated service offering from start to finish.” Walker and his partner, John Warden, will lead the new Colliers Indsite specialty team. 

The investment comes as Colliers looks to take its supply chain and logistics practice to the next level, adding nationally recognized logistics executive Gregg Healy and others to provide consulting services in the areas of distribution network analysis, location, site selection and facility design.

“In today’s on-demand, real-time world, where distributors are looking to satisfy the demand for same-day and one-hour delivery, site selection has become an even more important factor for businesses,” said Dwight Hotchkiss, President, Brokerage Services | USA & National Director, Industrial | USA. “The investment in Colliers Indsite bolsters our capabilities, further enhancing our ability to help clients accelerate their success.”

About Colliers International

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

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