Colliers International continues to raid JLL.
The firm, which is looking to ramp up its investment sales practice, has hired Stephen Shapiro and Jason Gold from JLL’s capital markets team.
As of next week, Shapiro and Gold will be senior managing directors at Colliers . They will work with vice chairs Richard Baxter, Scott Latham and Yoron Cohen, whom Colliers recruited from JLL in December to boost its presence in New York investment sales. The three brokers – along with Jon Caplan, who left to start his own investment firm – were the leading brokers on the JLL team, which specialized in brokering Manhattan office building deals.
In 2016, JLL’s investment sales team brokered deals such as MHP Real Estate Services’ $463 million purchase of 850 Third Avenue, a B+B Capital-led group’s $295 million purchase of a stake in the Brill Building, and RPW Group’s $273 million purchase of 275 Madison Avenue, CoStar data show.
In TRD‘s 2015 investment sales brokerage ranking, JLL came in fifth, with $2.9 billion across 29 deals. In the same ranking Colliers, placed 19th, with $527 million across eight deals citywide.
A representative for Colliers confirmed the hires. Shapiro and Gold declined to comment.