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Koll Co.: The Newport Beach real estate...

Koll Co.: The Newport Beach real estate services firm acquired Shelard Group Inc., a real estate services firm in the Minneapolis-St. Paul area. Terms were not disclosed. Koll said the acquisition will add 8 million square feet to its companywide property- and facility-management portfolio, increasing its total portfolio to more than 160 million square feet. The company said Shelard Group will become a separate unit in its property division. Kim Culp, Shelard president, will be president of Koll’s Minnesota region.

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