NEW YORK, October 1, 2018 -- Colliers International Group Inc., the fastest-growing, publicly listed, global real estate services and investment management company, announced today that it has hired industry leader, Ted Koltis, as President of the Eastern Region’s Agency & Consulting Practice. His primary focus will be on Colliers’ New York Tri-State region, with similar responsibilities in other major markets between Boston and Washington, D.C.
Given his extensive experience and 22-year track record of successfully representing both landlords and tenants, Koltis is highly qualified to head up this practice area.
“Ted has proven to be an innovative and accomplished commercial real estate executive who is widely respected,” said David Amsterdam President - Investments, Leasing and Eastern Region. “He is very well qualified to lead our Agency & Consulting Practice given his analytical expertise on the one hand and his private and public company experience on the other. Adding talent of Ted’s caliber to our team will further establish Colliers as a commercial real estate services and investment management firm of choice for companies in the Tri-State area.”
He began his real estate career representing tenants with CBRE’s Consulting Department, where he worked on more than 5 million square feet of complex headquarters-level transactions. He left CBRE to go and build a consulting practice at Tishman Realty and Construction, representing more than 2 million square feet of headquarters transactions before moving over to the ownership side of the business.
Koltis then spent eight years at Tishman Speyer as Managing Director overseeing 11.5 million square feet of office space in the New York region, including several world-renowned properties like the iconic Rockefeller Center.
He left Tishman Speyer in 2010 to join Paramount Group as Executive Vice President, ultimately responsible for more than 16 million square feet of office and retail space. In addition to building the company’s reputation and experiencing leasing success in New York City, Koltis was instrumental in growing Paramount’s portfolio in Washington D.C. and San Francisco. He subsequently raised the portfolio to almost full occupancy across all three markets.
In his new position, Koltis will be responsible for growing the Eastern Region’s Agency & Consulting Practice, which will help landlords position their properties for branding, leasing and investment success and assist major tenants with their space strategies. He will be deeply involved in business development and procuring and retaining top talent in the region. Koltis’ hire is further evidence of Colliers’ commitment to strengthen its US business operations.
“I am really excited to be joining the Colliers’ team in New York City with the opportunity to work with teams in Boston and Washington, D.C. as well,” Koltis said. “I feel this is truly a unique opportunity to take what is already a strong platform of market knowledge and combine it with my experience and vision to really differentiate what we can offer a landlord or a tenant in this region. Equally important, I believe we can accomplish this while creating an energetic, progressive and rewarding internal culture.”
Koltis earned a Bachelor of Science from Cornell University and an MBA from Columbia Business School.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is 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 $20 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.