Salt Lake City — Colliers announced the expansion of all brokerage service lines in Southern Utah and introduced plans for a new regional headquarters in St. George. The company will significantly add advisory professionals to the area over the coming months.
Operating as one of the top three commercial real estate service firms worldwide, Colliers long ranks as the biggest and highest-performing commercial brokerage in Utah. With over 200 professionals headquartered across offices throughout the state, Colliers delivers a full-service brokerage model to institutional and local property owners, occupiers and investors.
“We look forward to bringing our world-class tools, resources, and international platform to the Southern Utah region,” says Brandon Fugal, chairman, Colliers Utah. “Our expansion throughout the area is strategic and timely as Southern Utah continues to evolve into one the fastest-growing markets in the nation. Utah remains the place to live and do business. The competitive benefits Southern Utah offers businesses will prove incredibly advantageous for the state long-term.”
Colliers also announced that Cody Felts joined the new St. George operation. Felts will expand the company’s tenant representation, landlord representation, and investment sales offerings. Industry veteran Dan Simons, who has over 30 years of commercial real estate experience in Salt Lake and Washington counties, will join Felts in leading service line expansion throughout the region.
“Colliers provides the nimble corporate structure to deliver entrepreneurial results for clients,” says Felts. “We look forward to expanding service in the region. Together, Colliers and our growing Southern Utah team will offer an unmatched level of professionalism and results.”
“Cody and Dan understand the Southern Utah market better than anyone,” says Lew Cramer, CEO, Colliers Utah. “Their leadership will immediately deliver enhanced value to our clients. We look forward to adding more members to the team in the coming months.”
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About Colliers International Group
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment.