Albuquerque Business First Profiles John Ransom of Colliers International
Published courtesy of Albuquerque Business First - Hunter Riley, Special to Albuquerque Business First
John Ransom is the principal and managing director of Colliers International. In his opinion, one of the most important talents a broker in his industry can have is to build relationships with other professionals whose services might be needed by a potential client.
- Managing director, principal
- Colliers International
- Phone: (505) 883-7676
- Address: 2424 Louisiana Blvd. NE, Suite 300, Albuquerque 87110
- Website: colliers.com and ransomwith.com
- Education background: degree in finance from Arizona State University
- Family: wife, Julie; children Max and Ella; three rescue dogs and alpacas.
- Hobbies: mountain and water sports; live music
- Hometown: Albuquerque
Much of your work has been focused along the I-25 area. What do you think the future of that area will be and how do you see it being developed?
The future is promising for both the north and south I-25 areas. The I-25 is a successful reuse of land and an existing facility. I see more mixed-use developments incorporating restaurants, hospitality, services and retail along the I-25 corridor.
What other areas in Albuquerque might benefit from further economic development through commercial realty?
We need to balance our jobs-to-housing ratio on the Westside. Our community needs to offer future employers more opportunities for shovel-ready employment centers on the Westside to improve our transportation situation and alleviate our crowded bridges.
What would be your advice to someone who wants to buy commercial real estate property, but has never done it before? What are the first crucial steps?
Contact a commercial real estate expert. Whether you are an investor or an owner/user we work to understand short- and long-term objectives for ownership and help develop a strategy to achieve your goals.
What do you do to relax after a stressful week?
My wife and I shuttle our kids from one practice, event, or game to another. We truly enjoy spending time with other parents and grandparents watching our kids, nieces, and nephews in their activities.
What sort of networking talents should real estate brokers try to develop for their industry?
Build relationships with brokers, architects, accountants, contractors, attorneys, escrow officers etc. Knowing how to employ the services of these professionals is vital in ensuring the best possible outcomes.
What has being the vice president and principal at Colliers taught you about running a business in the real estate industry?
From what sources do you draw inspiration in your professional life?
My parents, who taught me to have respect for others and always leave a place better for having been there; my wife, with whom I share my professional concerns; and my and friends and associates who always have insightful wisdom to share if I just listen.