NEW YORK, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Colliers International (NASDAQ:CIGI) (TSX:CIGI) announced today that highly respected retail industry experts Brad Mendelson and David A. Green have joined the firm, effective immediately, a move that significantly enhances Colliers’ position in global, North American, and New York retail markets.
Based in New York, C. Bradley Mendelson, senior partner and vice chairman and David A. Green, senior partner and vice chairman, will enhance Colliers’ retail practice in Manhattan and the New York Tristate region. As senior partners of the retail team, Green and Mendelson will have a specialized focus on urban retail and broader iconic retail transactions.
“The addition of this vibrant retail team is a major strategic step up in expanding Colliers’ retail platform in New York,” said Joseph Harbert, Colliers International president | Eastern Region. “With decades of acclaimed industry experience, Brad and David bring an exceptional level of on-the-ground market knowledge and they position us well to take our retail practice to new heights.”
Mendelson, acknowledged as one of the top retail professionals in New York, has worked on some of New York City’s most notable real estate transactions. Past and current assignments include the redevelopment of 1530 Broadway for Bow Tie Partners, where Toys ‘R Us once operated the world’s largest toy store, now the soon to open flagship Gap and Old Navy stores; the campaign at 666 Fifth Avenue, with the leasing to Uniqlo and Hollister; the lease of the St. Regis condominium retail space on Fifth Avenue to various divisions of the Swatch Companies; and, the recent leases for Saks Off Fifth Department Store at 135 East 57th Street and the new Zara store at 222 Broadway. Mendelson has received numerous awards including the Real Estate Board of New York’s 2000 and 2011 Most Creative Deal of the Year Awards for his work on the Toys ‘R Us transaction in Times Square and the leasing of the Times Square Theater.
Green, an attorney and certified public accountant, is also acknowledged as one of the top retail professionals in New York. In a prolific, award-winning career, Green has represented many prominent owners and high profile tenants in transactions that include Boston Properties in the recent leasing of the former FAO Schwarz space to Under Armour, the long-term lease of the retail space at 650 Fifth Avenue, which garnered Green REBNY’s Robert T. Lawrence Most Ingenious Deal of the Year Award; the original Toys ‘R Us transaction at 1530 Broadway, where he was co-winner of the Most Creative Deal of the Year award, along with Brad Mendelson followed by leases to the Gap and Old Navy; and the leasing of multiple Charles Schwab branches in and around New York City.
The addition of this experienced, creative retail team comes at an opportune time as Colliers, along with MIT, Google, Stanford and AMP Technologies are leading discussions around the future of technology and retail-friendly smart building spaces. “Retail and accelerating innovation are top priorities for Colliers. The partnership of Brad and David in New York and the Tristate region will enhance our global high street retail platform. We are thrilled to have them on board and available immediately to deliver services seamlessly wherever our clients choose to do business,” said Dylan Taylor, president and COO of Colliers International.
“We are delighted to be joining a company with such an entrepreneurial and energetic culture,” said Brad Mendelson. “This agility, along with Colliers’ global platform, will provide a distinct competitive advantage, in delivering superior outcomes that accelerate our clients’ success.”
“Colliers’ reputation for delivering the highest level of client service makes this a perfect fit for us,” said David Green.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ:CIGI) (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.
For further information, please contact: Hadley Duncan Havas PR Phone: 401-999-3760 Email: Hadley.Duncan@havas.com
Source:Colliers International Group Inc.