Move Confirms Colliers Commitment to Attract Top Industry Talent in Greater Boston Region
Boston, MA, November 19, 2019 – Leading global commercial real estate services firm Colliers International announced today it has recruited real estate investment professional market leader, Frank Petz, to join as Managing Director of Investment Sales in the firm's Capital Markets group focusing on investment properties.
Petz brings more than 32 years of experience to his new position, most recently leading the growth of JLL's overall capital markets business in New England since 2012. Previously, he served as director of capital markets activity at both Eastdil and CBRE, and ultimately built his capital markets foundation on the buy-side at AEW Capital Management for the first 15 years of his career. His extensive expertise in the disposition of core trophy assets, as well as a diverse mix of urban/suburban, office, industrial, life science and land development assets, has resulted in transacting billions of dollars in total sales volume.
"Attracting best-in class talent and leadership like Petz represents a huge win for not only Colliers but most importantly for our valued clients," said David Goodhue, who stepped into the Executive Managing Director and Market Leader role in charge of Colliers Boston just one year ago. "Our ability to recruit top tier talent like Frank illustrates to our current staff and the market that we are fully committed to continuing to compete at the highest level today and well into the future."
For Petz, the move represents an exciting opportunity to continue to provide the market with a unique service offering for clients, as he joins an existing strong Capital Markets team of 22 professionals that is poised for growth.
"Colliers offers an ability to provide clients with institutional expertise, balanced with a defining entrepreneurial spirit that permeates all levels and specializations within the company," said Petz. "I look forward to continuing the same advisory-first approach but from a platform that is free from barriers, allowing me to be nimbler and more valuable in serving clients' needs."
Petz also cited Colliers Boston's new leadership team and the firm's broader commitment to capital markets at a regional, national and global level as a significant attraction for his move.
With great excitement for Petz's arrival, David Amsterdam, president of investments and the eastern region and co-head of the firm's US Capital Markets group shared that "this top-tier addition reflects the continued growth of Colliers Capital Markets, both in Boston and across the US. Bringing in a professional of Frank’s caliber to complement our leading platform further solidifies Colliers' ability to provide best-in-class solutions for our clients."
|David Goodhue||Frank Petz|
About Colliers International Group
Colliers International Group Inc. Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management.
Learn more about how we accelerate success at corporate.colliers.com or follow us on Twitter: @Colliers and LinkedIn.
For further information, please contact:
Goldin for Colliers