Danny Rice to lead Colliers Orlando – Orlando Business Journal

Colliers International has brought a native Floridian millennial on board to lead its offices in Central and Southwest Florida, as well as Tampa.

Danny Rice, 34, is the managing director in charge of those markets for Colliers, the real estate firm said Monday. Ryan Kratz, who was overseeing those regions as well as serving as Colliers statewide president, will focus exclusively on that role.

Lee Arnold, who founded the firm that became Colliers International Central Florida, remains executive chairman of Colliers Florida. Arnold, who had a licensing agreement to use the Colliers name, sold Colliers Arnold to the corporate parent in 2016.

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Danny Rice, managing director, Colliers International in Central and Southwest Florida and Tampa

Rice will be based in Orlando, and will make frequent trips to Tampa, Clearwater and Fort Myers. The managing director role is a homecoming for Rice, who launched his commercial real estate career as a Colliers research intern in 2006.

He also dabbled in brokerage, on the office side, and left Colliers in 2014 to work for Xceligent, a commercial real estate data company, working his way up to chief revenue officer.

“The industry in general is starting to change with technology and research and data, and it’s going to enable brokers to be more efficient,” Rice said Monday.

There’s more data available than ever before, Rice said, and the most successful brokers are the ones leveraging the technology to analyze that information. But it also means tools like artificial intelligence and virtual reality.

“Those pieces are the ones that are going to be really interesting,” Rice said.

Central Florida’s Largest Commercial Real Estate Brokerage Firms

Ranked by 2016 total dollar volume of sales and lease transactions

Rank Company 2016 total dollar volume of sales and lease transactions 1 CBRE $1.67 billion 2 Cushman & Wakefield of Florida Inc. $1.14 billion 3 Marcus & Millichap $754.25 million View This List
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