Ted Koltis Hired to Lead Colliers’ East Coast Agency and Consulting Team
By Nicholas Rizzi October 1, 2018 1:00 pm
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Colliers International has nabbed industry veteran Ted Koltis, the former executive vice president of Paramount Group, to lead its Eastern region agency and consulting practice, Commercial Observer has learned.
Koltis, who started on Monday, will focus on the tri-state area along with markets between Boston and Washington, D.C., where Colliers (CIGI) hopes he can help expand its presence.
“I feel this is truly a unique opportunity to take what is already a strong platform of market knowledge and combine it with my experience and vision to really differentiate what we can offer a landlord or a tenant in this region,” Koltis, 50, said in a statement.
David Amsterdam, the president of Colliers’ investment, leasing and Eastern region, said hiring Koltis lets the company put its consulting and agency teams under one leader for the first time.
“Ted is singularly qualified to handle a consulting and agency practice,” Amsterdam told CO. “I don’t think you’ll find anyone from the same background that matched our requirements internally.”
“Ted had a great reputation and he’s a skilled deal maker,” he added.
Koltis has been in the business for 22 years and has equal experience on the consulting and agency sides, Amsterdam said.
Before joining Colliers, Koltis spent six years at the helm of Paramount’s leasing side where he was responsible for more than 16 million square feet of office and retail space. He was credited with helping build the company’s business in San Francisco and Washington, D.C. while creating a free iPad app with specs of Paramount’s office portfolio, as CO previously reported.
Koltis left Paramount in December 2017 to “pursue other opportunities” and Amsterdam said joining Colliers gave Koltis the opportunity to get back into the brokerage side of the business.
“He wanted to find his way back to the brokerage world,” Amsterdam explained.
Koltis started his career in CBRE (CBRE)’s consulting department then left to build Tishman Speyer’s consulting practice, according to Colliers. He spent eight years at Tishman before he left in 2010 to join Paramount.
Colliers hiring Koltis is the latest in a string of new additions to the brokerage’s team. In April, Reid Longley joined as executive managing director from JLL (JLL) and former SL Green (SLG) Realty Corp. executive Amsterdam came onboard in March.
