News Release: Colliers International Represents Seller in Houston Medical Office Building Transaction

Houston, November 7, 2016 – Colliers International notes the sale of a ±12,300 square foot medical office building located at 150 FM 1959, Houston, Texas. Beth Young and Marshall Clinkscales of Colliers International represented the seller in the transaction, WHGS Holdings Co. LLC dba Coastal Surgical Group. The purchaser was represented by Cameron Crouch of Gulf Coast Properties.

The property was built in 2007 by four surgeons for clinical use and cancer treatment, and has been purchased by an engineering firm who will make some interior changes to convert it from medical-office to office space in which they can grow. The property sits on two and a half acres, providing excess land for any needed expansion, and is located between several hospitals and near Ellington Field, home of a future space port.

About Colliers International Group, Inc.

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

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Contact Information

Beth Young, Senior Vice President
Division, Colliers International
Phone: 713-830-2166
Email: beth.young@colliers.com

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