TORONTO, September 2, 2015 — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) today announced the acquisition of former Cushman & Wakefield St Louis affiliate, Gateway Commercial (“Gateway”), a market-leading commercial real estate firm specializing in tenant representation, investment sales brokerage and property management. Gateway will rebrand as Colliers International and its team of 20 professionals will join Colliers International, St. Louis, effective immediately. Details of the transaction were not disclosed.
“Gateway has long been recognized for its experience and creativity in St. Louis while delivering fully integrated commercial real estate solutions nationally and internationally,” said Martin Pupil, Colliers International President | Western Region. “Their best in class service offerings complement our existing capabilities in the region and position us well for the future.”
“With the rapid consolidation of our industry, joining an organization with a shared culture and ability to serve clients locally, nationally and globally was a priority for us,” said Managing Director & Principal, Kevin Gallagher, who will assume the leadership role for Colliers International, St. Louis. Robert Guimbarda will continue with Colliers St. Louis in the leadership role of Vice Chairman of the St. Louis advisory board, focused on business development and local platform strategy.
“Colliers International is the place where high values, creative and entrepreneurial people choose to make a difference and that culture of excellence aligns perfectly with our own. We could not be more thrilled with our choice of Colliers International,” Gallagher concluded.
“The addition of an established market leader further enhances our existing service offerings in St. Louis, an important market in our central US region,” said Craig Robinson, President of Colliers International | USA. “Colliers is already a market leader in Chicago and Kansas City and strengthening our capabilities in St. Louis was a natural choice for us, providing us with additional momentum throughout the entire region and across the country,” he concluded.