5 stories on colliers in commercial real estate.
Colliers hired CBRE's Justin Arzi as senior vice president for its New York capital markets team. He facilitated Extell's $39M acquisition of 165 East 56th Street and the $60M off-market sale of 155 Mercer Street.
Colliers negotiated the sale of Avalon Crossing, an 82,847-square-foot Indianapolis shopping center, with Ziff Real Estate Partners acquiring the asset from Landmark Properties.
Manhattan office leasing hit 4.24M SF in May 2026, a 17.3% monthly jump that exceeded the 10-year average of 2.79M SF by more than 50%, per Colliers data.
Colliers researchers say the U.S.-Iran conflict will prolong cautious CRE lending and lift industrial demand as companies hedge against supply chain disruption.
Colliers adds Corey Horowitz as SVP for its tri-state region, bringing 20-plus years of office leasing expertise from Mohr Partners.