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Colliers closes purchase of ex-CBRE affiliate's Va. commercial real estate ops

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Colliers closes purchase of ex-CBRE affiliate's Va. commercial real estate ops

Colliers International Group Inc. closed its purchase of a majority stake in the operations of CBRE Group Inc.'s former affiliate in central and southeast Virginia.

The business, which has offices in Richmond, Norfolk, Charlottesville and Fredericksburg, is being rebranded as Colliers International | Virginia.

Terms of the deal were not provided.