Global commercial real estate services firm Colliers International Group Inc. has closed its previously announced acquisition of a majority interest in the operations of the former affiliate of CBRE Group Inc, in Central and Southeast Virginia.

The former affiliate’s four offices in Richmond, Norfolk, Charlottesville and Fredericksburg (known together as “Colliers Virginia”) will be rebranded as Colliers International. The shareholders of the company continue to retain equity in the business under the Colliers partnership model. Terms of the transaction were not disclosed.

Cathy Jett: 540/374-5407

cjett@freelancestar.com

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