Commercial Real Estate Q&A: Lee Arnold

LEE ARNOLD
Founder and CEO, Colliers International Tampa Bay, Central & Southwest Florida, Tampa

Continuing a trend toward corporate consolidation in the region's commercial real estate industry, Colliers International Tampa Bay, Central & Southwest Florida — a firm whose roots trace back to 1974, when CEO Lee Arnold founded his first brokerage operation — announced earlier this month that it has been acquired by Colliers International Group Inc., a publicly held company with more than 500 offices worldwide.

In buying its Tampa Bay affiliate of 20 years, Colliers will absorb the area's largest commercial property manager, with more than 9 million square feet in its portfolio, offices in Tampa, Clearwater, Orlando and Fort Myers and more than $1 billion in annual transactional volume.