01/16/2013

Dahlstrom Leaves Senior Position at Colliers

Warren Dahlstrom has stepped down as capital-markets chief of Colliers International.

The departure comes two years after he was tapped to build a national capital-markets platform geared toward institutional clients.

The circumstances surrounding his exit are unclear. Dahlstrom, who disclosed his departure in emails to industry colleagues last week, declined to comment. The emails didnít specify any future plans. Colliers also declined to comment.

No one expects the capital-markets position to remain vacant for long, given Colliersí ambition to become one of the top three full-service real estate brokerage firms in the U.S. That mandate was given by FirstService, a Toronto real estate-services firm that acquired Seattle-based Colliers in January 2010.

In the past two years, Colliers has increased the number of brokers focused on large property sales to 72 from 42, in some cases by reassigning existing staffers. That hasnít yet translated into a significant number of large listings. Colliers captured a 1.3% market share of large sales across the major property types during the first half of last year, according to Real Estate Alertís Deal Database, which tracks transactions of $25 million and up (full-year 2012 figures still arenít available). But Colliers remains an active broker of smaller deals.

Dahlstrom joined Colliers in February 2011 as president of investment services, overseeing property and loan brokerage. He previously ran his own firm, Dahlstrom Real Estate Advisors, for almost two years. Before that, he spent 13 years at Cushman & Wakefield. As a senior director at Cushman, he led the investment-sales team in Washington, D.C. He also led sales teams at Carey Winston and Grubb & Ellis.

Given his lengthy experience in the nationís capital, market pros expect Dahlstrom to be courted by firms eager to add a seasoned investment-sales pro to their teams in the top-tier city.

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