M&A Deal Summary

Avison Young Acquires Cresa NJ-North/Central

On March 6, 2017, Avison Young acquired real estate company Cresa NJ-North/Central

Acquisition Highlights
  • This is Avison Young’s 30th transaction in the Real Estate sector.
  • This is Avison Young’s 24th transaction in the United States.
  • This is Avison Young’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2017-03-06
Target Cresa NJ-North/Central
Sector Real Estate
Buyer(s) Avison Young
Deal Type Add-on Acquisition

Target

Cresa NJ-North/Central

Rutherford, New Jersey, United States
Cresa NJ-North/Central LLC is a real estate firm that specializes in corporate tenant representation. Cresa provides commercial real estate services to a wide variety of industries, including pharmaceutical, biotech, technology, telecommunications and financial services.

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Buyer(S) 1

Buyer

Avison Young

Toronto, Ontario, Canada

Category Company
Founded 1978
Sector Real Estate
Employees5,000
DESCRIPTION

Avison Young is a full-service commercial real estate services company. Avison Young provides value-added, client-centric investment sales, leasing, advisory, management, financing, and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties. Avison Young was established in 1978 and is based in Toronto, Ontario.


DEAL STATS #
Overall 31 of 43
Sector: Real Estate M&A 30 of 39
Type: Add-on Acquisition M&A Deals 31 of 43
State: New Jersey M&A 2 of 2
Country: United States M&A 24 of 30
Year: 2017 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-23 Rich Real Estate Services

Duluth, Georgia, United States

Rich Real Estate Services, Inc. is specializes in third-party, landlord-representation advisory services while also providing brokerage and consulting services covering commercial and residential properties throughout the U.S.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-20 Hunter & Associates

Raleigh, North Carolina, United States

Hunter & Associates LLC is a full-service commercial real estate company specializing in retail leasing, property management and brokerage services.

Buy -