Top Executive Leaves Colliers International

Mark Jaccom, a top executive in the New York offices of Colliers International, one of the world’s largest commercial real-estate brokerages, is leaving the firm, according to people familiar with the matter.

It was not immediately clear what Mr. Jaccom plans to do after leaving Colliers.

Mr. Jaccom’s departure follows a shake-up of the firm’s top management in December, when he stepped down as chief executive of Colliers’s tri-state office to take a position as co-chairman. The region covers parts of New York, New Jersey and Connecticut.

Mr. Jaccom, who is in his mid-50s, was replaced by Michael Cohen, the grandson of Williams Real Estate co-founder Victor Cohen, who stepped away from a similar role for personal reasons in 2007.

Mr. Jaccom left a position as vice-chairman at Studley in 2006, just three years after joining with other top executives to buy Studley from its founder. As a broker, he had a reputation for tenacity, and once early in his career he bought a plane ticket next to a top insurance executive to win a consulting job.

Colliers International underwent a major restructuring in early 2010 that essentially concentrated control under one corporate umbrella. But some of the offices that used to fly the Colliers flag formed a new firm, Cassidy Turley.

“We wish Mark well in his future endeavors. The leadership team in place now is well-suited as we move into the next phase in the evolution of our business. Our focus remains firmly in the direction of accelerating the success of each of our clients,” said Michael Cohen, president of the Colliers tri-state region, via a spokesman.

The firm didn’t comment further. Mr. Jaccom couldn’t be reached for comment.

In an interview in December, executives at the firm said they had hired more than 25 brokers in the New York office in the past year and lost only two. But Colliers plans to close one of its Madison Avenue offices, which was used primarily to house back-office functions.

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