LOS ANGELES, CA, June 3, 2011 – Colliers International, the second largest global real estate services organization, welcomesSteve Algermissen (top right photo) to its Downtown Los Angeles office. He will serve as Executive Vice President. After earning his B.A. from Claremont Men’s College, Algermissen went on to develop more than 28 years of experience specializing in the sale and joint venture of retail, office and ground up development in the Southern California commercial real estate market.
“Steve is a strategic recruit to our DTLA office,” said Hans Mumper (middle left photo), managing director of Colliers International’s DTLA office. “His diverse and extensive background includes high profile properties to environmentally challenged developments. There couldn’t be a better fit for Colliers and we look forward to building a long and successful partnership.”
Previously with Cushman & Wakefield as an Executive Managing Director since 1991 in its Downtown Los Angeles office and prior to that as a Vice President for CB Commercial Real Estate Services in its West Los Angeles office, Algermissen has closed in excess $5.6 billion and 24 million square feet in transactions.
Some of Algermissen’s most notable transactions include the Dior, Bally, Tom Ford and Gucci Buildings in Beverly Hills, the William Morris Portfolio in Beverly Hills, the Shops at the Fordham, the Lincoln Park Apple Store in Chicago, the Oaks Mall, and the Esplanade Shopping Center in Ventura County.
“This is another great hire for us and shows the momentum within Colliers,” states Martin Pupil (lower right photo), regional managing director of Colliers International. “Steve’s strategic approach to the business and his overall commitment to providing sound solutions to his clients are the attributes that make him so successful and the right addition for Colliers.”
Contact: Angela Hwang, Regional Marketing Coordinator, +1 213 532 3258 angela.hwang@colliers.com
