Colliers | Arkansas announces acquisition of Gehrki CRE
LITTLE ROCK — Colliers | Arkansas, the state’s largest commercial real estate and property management firm, has acquired Gehrki Commercial Real Estate effective Jan. 8, according to a news release.
Founded in 2003 by Brian Gehrki, Gehrki Commercial Real Estate is a full-service brokerage and property management firm based in Hot Springs.
“As part of the acquisition, all Gehrki employees will become Colliers staff and continue to work from their soon-to-be-re-branded Hot Springs office located at 835 Central Ave., Suite 200. Gehrki Commercial Real Estate’s active listings, transactions, developments and management properties will continue to be serviced by the Gehrki team but with additional support from Colliers team members and its resources,” the release said.
“This transaction is a great opportunity for Colliers to provide its clients a wide range of commercial real estate services in central Arkansas. The Hot Springs market is a key driver of the central and southern part of the state, and we are so fortunate to partner with the Gehrki team to expand our collective statewide reach,” Isaac Smith, president of Colliers | Arkansas, said in the release.
“Brian and his team have been longtime friends and are a perfect fit with our team. They have built an incredible business and are extremely well-connected as well as prolific real estate practitioners. We look forward to many successes together in 2024 and beyond.”
“As Hot Springs and the surrounding area continue to grow, the combined companies as Colliers will ensure that Hot Springs maintains the highest level of commercial real estate services for many years to come,” Gehrki said in the release.
Colliers | Arkansas is headquartered in Little Rock with an additional office in Rogers and is part of the global Colliers network of nearly 400 offices in 66 countries. As of 2023, Colliers | Arkansas managed more than 20 million square feet of commercial space and completed lease and sale transactions worth a combined $786 million.