Tissue Banks International Purchases 800 Harbour Bay South in Richmond

Richmond, Calif. – November 19, 2012 Tissue Banks International (“TBI”) recently purchased 880 Harbour Way South in Richmond. The property includes a +/- 57,800 high image, freestanding Class A Office/R&D building situated on a 4.17 parcel near the Richmond Marina Bay Yacht Harbor. TBI will be relocating from San Rafael and plans to put extensive specialized Tenant Improvements into the building.

“This is a high profile user, a big win for Richmond and will bring a large number of jobs to the area”, said Todd Severson, SIOR, with Colliers International in Oakland. “TBI explored the whole bay area for suitable sites and concluded that Richmond was the best scenario for them.”

TBI/Tissue Banks International (http://www.tbionline.org/) is a non-profit, non-governmental network of eye and tissue banks and the largest provider of ocular tissue in the world. TBI started as a single eye bank in 1962, and has grown to a network that covers the United States and reaches around the globe. Each year, more than 130,000 TBI tissues are used in transplant surgery, with thousands more utilized in research and medical education.

Todd Severson, SIOR Senior Vice President and Gabe Burke, Senior Vice President, both of Colliers International represented the Seller. Sam Swan and John Elder of Jones Lang LaSalle represented the Buyer. The terms of the sale are undisclosed.

About Colliers International
Colliers International is the third-largest commercial real estate services company in the world, with over 12,300 professionals operating out of more than 520 offices in 62 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International the top U.S. real estate company. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

West Coast Commercial Real Estate News