Off-Market Transaction Represents Firm’s Second Acquisition in Market

PHOENIX, AZ – Cohen Equities, a New York City-based real estate investment and management firm, today announced the purchase of Corporate Center located at 10400 N. 25^th Avenue in Phoenix, Arizona. The acquisition marks the firm’s second deal within the submarket since November 2015.

Cohen Equities secured Corporate Center from CWSP-I-J, LLC, a company formed by Crown West Realty of Phoenix ­and owner of the property since 2007. Todd Noel, Keith Lambeth and Ryan Timpani with Colliers International in Greater Phoenix negotiated the $10.4 million off-market sale of the 109,322-square-foot office building on behalf of the seller, while Cohen Equities was represented by Darren Tappen and Peter Beauchamp of Kidder Mathews.

Built in 1997, the two-story Corporate Center is located along Interstate 17 in the heart of the Metrocenter submarket, adjacent to more than 2 million square feet of amenities. The building consists of 109,322 square feet of office space, with flexible floorplates of approximately 55,000 square feet. At time of sale, the building was at approximately 60 percent occupancy. Cohen Equities has engaged Keith Lambeth and Ryan Timpani of Colliers International to list the property for lease.

Over the course of the past year, Cohen Equities has been on an aggressive buying spree of high-quality office assets throughout the country and in the process has become one of the most significant players in distressed real estate nationally. The firm has acquired significant concentrations of properties in selected markets such as Metro D.C. The greater Phoenix market has become one of the firm’s favorite places to invest due to frothy leasing demand and strong overall product quality.

“Cohen Equities is pleased to add Corporate Center to its roster of high-end office buildings,” said Meir Cohen, the firm’s principal. “We believe in the unique strength of the Phoenix market, and we’re looking forward to continuing to acquire well-positioned assets throughout the region.”

Cohen Equities previously acquired Northgate Business Center and Blackhawk Corporate Center in the Deer Valley submarket, which is also currently being marketed for lease by Colliers International.

Commercial real estate brokers recognized at company’s annual Americas Conference hosted in Washington, D.C.

Phoenix, AZ – At its annual awards banquet, leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) recognized eight brokers in the Greater Phoenix region as being among the company’s top performers for 2015 across the United States, Canada and Latin America. These professionals were honored in Washington, D.C., during Colliers International’s largest annual meeting, the Americas Conference 2016.

“To be ranked in the top 10 percent of all professionals in the Americas is an exceptional career achievement,” said Bob Mulhern, managing director of Colliers in Greater Phoenix. “These brokers have helped shape the market through their commitment to their clients, community and industry. We are extremely proud of their accomplishments and congratulate them on a remarkable year.”

The following Greater Phoenix professionals were inducted into the Colliers 2015 Everest Club, which recognizes the firm’s top 10 percent of producers annually across the Americas.

• Cindy Cooke, Senior Executive Vice President, Multifamily Investments
• Bill Littleton, SIOR, MCR, SLCR, Senior Executive Vice President, Corporate Solutions
• Don MacWilliam, Executive Vice President, Industrial Properties
• Payson MacWilliam, Executive Vice President, Industrial Properties
• Trevor Koskovich, Executive Vice President, Multifamily Investments
• Jeffrey Sherman, Executive Vice President, Multifamily Investments
• Keith Lambeth, Executive Vice President, Office Properties
• Todd Noel, CCIM, Executive Vice President, Office Properties

“Following the spin-off of Colliers into an independent publicly traded company in 2015, this has been a transformational year for the firm—and these award winners helped propel our success, both in the Americas and globally, delivering service seamlessly wherever our clients do business,” says Craig Robinson, President of Colliers International | USA. “We are known in the industry not only for what we do, but how we do it – by exceeding our clients’ expectations. We are able to do that by virtue of the exemplary people we have on our teams like those who have been recognized.”

Learn more about Greater Phoenix honorees at www.colliers.com/en-us/greaterphoenix/experts.

#1 Top Producers – Lambeth & Noel; #1 Team – Hahn, Sherman & Koskovich Rookie of the Year – Westfall

Phoenix, AZ – Colliers International in Greater Phoenix announced its 2015 Top Producers, Top Teams and Rookie of the Year.

“The success of these professionals represents the valuable results they produced for our clients across all sectors,” said Bob Mulhern, managing director of Colliers in Greater Phoenix. “We congratulate our 2015 Top Producers on their exceptional achievements and thank them for their hard work and dedication.”

Executive Vice Presidents Keith Lambeth and Todd Noel, CCIM, ranked as the #1 Top Producers and #2 Team. The duo specializes in the sale and leasing of office properties throughout metro Phoenix, with expertise in tenant and landlord representation, investments, build-to-suits and land.

Executive Vice Presidents Bill Hahn, Jeff Sherman and Trevor Koskovich ranked as the #1 Team. The team specializes in the evaluation, acquisition and disposition of investment-grade, income-producing multifamily properties and portfolios across the Southwest.

Sean Westfall, associate, was named the “David L. Hallstrom Rookie of the Year”. Westfall specializes in healthcare real estate and is a member of the national Healthcare Services Group. “Sean is a talented young broker whose efforts have earned him this honor,” said Mulhern.

A complete list of the 2015 Top Producers and Top Teams follows:

Top Producers in Greater Phoenix
#1:       Keith Lambeth and Todd Noel, CCIM, executive vice presidents, office properties
#2:       Cindy Cooke, senior executive vice president, multifamily investments
#3:       Trevor Koskovich and Jeff Sherman, executive vice presidents, multifamily investments
#4:       Don MacWilliam and Payson MacWilliam, executive vice presidents, industrial properties
#5:       Brad Cooke, senior vice president, multifamily investments
#6:       Bill Littleton, SIOR, MCR, SLCR, senior executive vice president, corporate solutions
#7:       Bill Hahn, executive vice president, multifamily investments
#8:       Paul Sieczkowski, SIOR, executive vice president, industrial properties
#9:       Philip Wurth, senior vice president, office properties
#10:     Kim Soulé, senior vice president, investment services
#11:     Rob Martensen, SIOR, CCIM, industrial properties
#12:     Matt Fitz-Gerald, vice president, office properties
#13:     Ryan Timpani, vice president, office properties
#14:     Tivon Moffitt, senior vice president, investment services; and Peter Bauman, vice president, investment services and co-chair, Net Lease Group
#15:     Charles Miscio, executive vice president, office properties

Top Teams in Greater Phoenix
#1 Team: Multifamily investment team of Bill Hahn, Jeff Sherman and Trevor Koskovich, executive vice presidents; Arsen Aminov, marketing coordinator; Nathan Bruer, marketing associate; Jesse Hudson, research associate; and Hannah Olson, marketing assistant

#2 Team: Office properties team of Keith Lambeth and Todd Noel, CCIM, executive vice presidents; Ryan Timpani, vice president; Kyle Campbell, associate; and Shannon O’Keefe, marketing specialist

#3 Team: Multifamily investment team of Cindy Cooke, senior executive vice president; Brad Cooke, senior vice president; Charles Wolcott, financial analyst; Gerda Kauks, marketing coordinator; Kellyanne Kennedy, transaction coordinator