Colliers International Finalizes Sale of French Quarter Office Complex in Carrollton

9/22/16

Commercial real estate firm is also the leasing agent of the property

Colliers International announces the sale of The French Quarter, a garden office complex in Carrollton. Greg Hoffman, Michael Carmichael, Chris Lipscomb and Lindsay Wolcott of Colliers International represented the seller; Justin Owen of Dominus Commercial was the purchaser’s representative in this transaction.

The French Quarter totals 46,444 square feet and is located at 3610-3630 North Josey Lane. The property consists of five single-story and two-story office buildings, is well occupied by a mix of locally owned business and professional services tenants, and provides great access to major highways including President George Bush Turnpike, Interstate 35E, and Highway 121.

The Colliers International leasing team is excited to partner with Harbor Properties, a private investment group out of Pennsylvania. Harbor is hands-on, energetic and has already started the ball rolling on a complete refresh of the property. With no debt on the property and ready capital, Harbor is able to make instant decisions, thus streamlining the leasing process while providing top quality management services.

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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