Steve Algermissen Joins Colliers International in DTLA

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Los Angeles, CA – June 2, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, welcomes Steve Algermissen to its Downtown Los Angeles office. He will serve as Executive Vice President.

After earning his B.A. from Claremont Men’s College, Algermissen went on to develop more than 28 years of experience specializing in the sale and joint venture of retail, office and ground up development in the Southern California commercial real estate market.

“Steve is a strategic recruit to our DTLA office,” said Hans Mumper, managing director of Colliers International’s DTLA office. “His diverse and extensive background includes high profile properties to environmentally challenged developments. There couldn’t be a better fit for Colliers and we look forward to building a long and successful partnership.”

Previously with Cushman & Wakefield as an Executive Managing Director since 1991 in its Downtown Los Angeles office and prior to that as a Vice President for CB Commercial Real Estate Services in its West Los Angeles office, Algermissen has closed in excess $5.6 billion and 24 million square feet in transactions.

Some of Algermissen’s most notable transactions include the Dior, Bally, Tom Ford and Gucci Buildings in Beverly Hills, the William Morris Portfolio in Beverly Hills, the Shops at the Fordham, the Lincoln Park Apple Store in Chicago, the Oaks Mall, and the Esplanade Shopping Center in Ventura County.

“This is another great hire for us and shows the momentum within Colliers,” states Martin Pupil, regional managing director of Colliers International. “Steve’s strategic approach to the business and his overall commitment to providing sound solutions to his clients are the attributes that make him so successful and the right addition for Colliers.”

About Colliers International
Colliers International is a global leader in real estate services with more than 15,000 professionals operating out of 480 offices in 61 countries. As a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), Colliers offers the stability of a strong financial partner and significant local ownership providing clients with accountability and enterprising real estate solutions. Colliers provides a full range of services to real estate users, owners and investors worldwide including: global corporate solutions; sales and lease brokerage; property and asset management; project management; hotel investment sales and consulting; property valuation and appraisal services; mortgage banking and insightful research. The Lipsey Company and National Real Estate Investor magazine ranked Colliers International as the world’s number two commercial real estate brand.

Since 1908, Colliers has stood at the forefront of the Los Angeles real estate industry. Today, Colliers operates seven offices throughout Greater Los Angeles, including Downtown Los Angeles, Orange County, Inland Empire, South Bay, San Fernando Valley, Santa Clarita and Commerce. Follow us at www.twitter.com/colliersgla.

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Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258
angela.hwang (at) colliers (dot) com

Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA
www.colliers.com

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Colliers International is a leading global real estate services organization defined by our spirit of enterprise. Through our culture of service excellence and a shared sense of initiative, we have integrated the resources of real estate specialists worldwide to accelerate the success of our clients.

Our headquarters in Seattle, Washington and more than 480 offices worldwide share a common brand and vision to provide the best service experience available.

Contact:

Colliers International
865 S Figueroa St., Suite 3500
Los Angeles, CA 90017

Angela S. Hwang
Regional Marketing Coordinator

Dir +1 213 532 3258
Main +1 213 627 1214
Mob +1 310 867 4105
Fax +1 213 327 3258

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