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Deals & Dealmakers

Colliers International buys logistics firm Walker Companies

Colliers International has purchased The Walker Companies in a move to bolster its industrial and logistics site selection and location capabilities.

The new solution includes specialty site selection and incentive negotiation technology fully integrated with proprietary project and construction management expertise.

Branded as Colliers Indsite, the service will be available exclusively to Colliers clients in the US.

“The introduction of Colliers Indsite proprietary software is the latest investment in our global strategy to provide the most innovative, enterprising and technologically advanced capabilities in the industry. Along with the industry leading Colliers 360 for corporate occupiers and Colliers Office Expert for office users, Colliers Indsite is another example of the differentiated value Colliers advisors offer clients,” said Dylan Taylor, president & COO of Colliers International

Raymond Walker, founder of The Walker Companies, commented, “Our customized tools and processes shave months off a traditional location consulting project, saving clients time and money, while enhancing the potential of sites selected.

“Our model incorporates variables that cannot be evaluated by consultants or other real estate advisors, and when coupled with the expertise in incentive negotiation, real estate brokerage and project management, clients are delivered a completely integrated service offering from start to finish.”

Walker and his partner, John Warden, will lead the new Colliers Indsite specialty team.

The investment comes as Colliers looks to take its supply chain and logistics practice to the next level, adding nationally recognized logistics executive Gregg Healy and others to provide consulting services in the areas of distribution network analysis, location, site selection and facility design.

“In today’s on-demand, real-time world, where distributors are looking to satisfy the demand for same-day and one-hour delivery, site selection has become an even more important factor for businesses,” said Dwight Hotchkiss, president, Brokerage Services | USA & National Director, Industrial | USA.

“The investment in Colliers Indsite bolsters our capabilities, further enhancing our ability to help clients accelerate their success.”

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