Canadian real estate firm expands again

by Steve Randall24 Jan 2019

There’s no stopping Canada’s fast-growing global real estate firm Avison Young.

The Toronto-based firm has just announced another acquisition, Front Street Commercial Real Estate Group in North Florida, adding a 26-strong team of commercial real estate professionals to its headcount.

It means an eighth office in Florida for Avison Young, this time in Gainesville. It brings the firm’s US office tally to 59.

“We are thrilled to be opening our first office in Gainesville and, at the same time, expanding our presence in North Florida,” said Avison Young chair and CEO Mark E. Rose.  “The acquisition of Front Street reinforces our strong foundation in Florida and assists our rollout in the northern area of the state, particularly in terms of retail brokerage and all aspects of property management.

Front Street’s Nick Banks becomes a principal of Avison Young and Managing Director of the new Gainesville office, managing day-to-day operations and leading the company’s strategic growth across North Florida.

“The acquisition of Front Street enables us to accomplish several goals as we attempt to expand Avison Young’s reach into North Florida and grow our retail service lines statewide,” explained Pike Rowley, Avison Young Principal and Managing Director of the company’s Florida region.

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