Colliers International, a global real estate services company headquartered in Boston, recently secured the No. 2 spot in the annual Lipsey Survey of the top 25 brands in the commercial real estate industry. The firm jumped a notch from its third place position, which it had held since 2004.

The results of the survey reflected the ballots, informal focus groups, and opinions from a variety of sources made up of more than 50,000 practitioners and industry leaders from REITs, institutions, mortgage bankers, commercial

brokers, asset managers, property managers, and related professionals that were surveyed and interviewed by The Lipsey Company, a training and consulting firm specializing in the commercial real estate industry.

According to The Lipsey Company, this year’s results marked the closest voting in 10 years and created a joint finish for the second place ranking. Colliers shared its No. 2 position with New-York based Cushman & Wakefield, Inc, and for the ninth year in a row, Los Angeles-based CB Richard Ellis was ranked first.

“Although we are pleased to have moved up to second place, we will continue to pursue our strategy of ensuring our clients receive the highest levels of service and consistent delivery over the long-term,” said Douglas P. Frye, chairman and CEO of Colliers International

Frye said the company is currently in the process of integrating some of the top names in commercial real estate under the Colliers International brand, including FirstService Williams, FirstService PGP Valuation, and PKF Hospitality and Hotel Consulting. He said this integration represents the beginning of Collier International’s final steps to reach the No. 1 position in both the Lipsey Survey and the minds of its clients.