Friday, December 3, 2010

Colliers Acquires Winbury Group

A controlling interest of commercial real estate agents with Grubb & Ellis/The Winbury Group has been acquired by Colliers International according to a Lawrence Journal-World article. The Winbury Group, a full-service commercial real estate firm founded in 1989, will immediately assume identity under the new Colliers umbrella and signage is expected to change within 30 days. The terms and price of the deal were not disclosed.

"With today's news, we are continuing our systematic strategy to seize additional market share in the U.S.," said Dylan Taylor, chief executive officer of Colliers International in the U.S. "Our U.S. continued expansion further solidifies our ability to provide the best service to our clients and the best career opportunities for our professionals. The Winbury Group is the clear market leader in greater Kansas City and we see very high alignment between the two firm's cultures."

Ted Murray, who serves as the CEO of The Winbury Group, adds: "After serving our clients for more than two decades throughout the Kansas City region and the country, we are thrilled to join Colliers International, a global industry leader. Our ongoing commitment to deliver the highest-quality commercial real estate services in the region will be significantly enhanced by this merger. Our clients will continue to rely on our local market knowledge and connections, but going forward they also will benefit from the national and international growth opportunities and resources of Colliers."

For more news and information visit Blumberg Capital Partners.

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