M&A Deal Summary

Avison Young Acquires Front Street Commercial Real Estate Group

On January 24, 2019, Avison Young acquired real estate company Front Street Commercial Real Estate Group

Acquisition Highlights
  • This is Avison Young’s 36th transaction in the Real Estate sector.
  • This is Avison Young’s 26th transaction in the United States.
  • This is Avison Young’s 5th transaction in Florida.

M&A Deal Summary

Date 2019-01-24
Target Front Street Commercial Real Estate Group
Sector Real Estate
Buyer(s) Avison Young
Deal Type Add-on Acquisition

Target

Front Street Commercial Real Estate Group

Gainesville, Florida, United States
Front Street Commercial Real Estate Group is a full-service commercial real estate brokerage and property management company. Front Street Commercial Real Estate Group was founded in 2002 and is based in Gainesville, Florida.

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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 37 of 43
Sector (Real Estate) 36 of 39
Type (Add-on Acquisition) 37 of 43
State (Florida) 5 of 5
Country (United States) 26 of 30
Year (2019) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Veritas Management Services

Edmonton, Alberta, Canada

Veritas Management Services, Inc. is a commercial real estate management company specializing in property management, acquisition due diligence and consulting. Veritas Management Services was founded in 2009 and is based in Edmonton, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 Völckers & Cie Immobilien Real Estate Advisors

Hamburg, Germany

Völckers & Cie Immobilien GmbH Real Estate Advisors is an office leasing and investment sales brokerage firm. Völckers will oversee the Hamburg office's day-to-day operations, co-ordinate the firm's local industrial practice, and direct the company's ongoing overall strategic expansion across the region.

Buy -