“After extensive analysis of the two properties, we decided to proactively approach The Shearwater Companies with this unique opportunity,” noted Minnerly. “The buildings’ profiles, location and quality fit seamlessly into their existing portfolio and have led to an absolute win-win for both buyer and seller.”
According to Caleb Hudak of Colliers International’s Capital Markets team, “Shearwater ultimately beat out a wide range of investors who expressed interest in the portfolio. The level of interest and final transaction pricing is a testament to Myles Standish continuing to be one of the most highly sought-after office and flex/industrial parks in the south market.”
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIGI) is an industry-leading global real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services 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. 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 13 consecutive years, more than any other real estate services firm. Colliers has also been ranked the number one property manager in the world by Commercial Property Executive for two years in a row.
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