Colliers International Strengthens U.S. Business With Dynamic Leader
Cody Cannon Named Executive Managing Director and Greater Los Angeles Market Leader
LOS ANGELES, Jan. 03, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced that Cody Cannon has joined the company as Executive Managing Director and Market Leader for its operations in the Greater Los Angeles region. In his new role, Cannon will lead the Colliers team in this gateway region and advise investors, landlords and corporate users across the full spectrum of commercial real estate services.
“Growing our Southern California business has been and will continue to be a top priority for Colliers,” said Gil Borok, Chief Operating Officer | U.S. Operations. “Attracting an experienced industry operator and brokerage leader like Cody is a big win for us, and is an important milestone in our continuing to recruit the best and brightest in the industry. I have no doubt that our Greater Los Angeles operations will continue to grow and gain market share under his leadership.”
Cannon brings more than a decade of experience in all sectors of commercial real estate. Most recently, he managed more than 50 brokerage professionals in one of the country’s highest-performing markets, garnering a sales volume of more than $1 billion in transactions for the fiscal year.
“I am very excited to join Colliers and be a key player in driving the company’s future growth in the Greater Los Angeles region,” said Cody Cannon. “Colliers’ enterprising spirit, matched with their market-leading global platform, provides clients the best possible service in the industry and I look forward to capitalizing on the many opportunities I see that will bring more value to them and to our professionals.”
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $25 billion of assets under management from the world’s most respected institutional real estate investors.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.
Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.
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