TriGate Capital Finalizes Sale of Large Iconic Addison Office Property The Landmark

7/26/16

Creighton Stark and Chris Boyd

The Colliers International Capital Investment Advisory Services Team of Creighton Stark and Chris Boyd has finalized the sale of The Landmark, a 158,650 square foot office property located in the Quorum micro market in Addison, on behalf of their client, TriGate Capital.

Built in 1985 and completely renovated in 2010, the building’s proximity to the live, work and play attractions of Addison along with easy access to the Dallas North Tollway and Interstate 635 resulted in robust and immediate interest from potential buyers. The Quorum office micro market in which the building lies has become a prime location for companies looking to relocate closer to the Dallas North Tollway.

Libitzky Property Company and Sunwest Real Estate Group, who represented themselves in the transaction, purchased the property and plan to ensure the continued leasing success of the building as the Addison office submarket continues to experience record success in achieved lease rates.

About Colliers International Group Inc.

Colliers International Group Inc.(NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.

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