Add-on Acquisition • Real Estate

Avison Young Acquires Lane Witherspoon & Carswell Commercial Real Estate Advisors

On September 3, 2013, Avison Young acquired real estate company Lane Witherspoon & Carswell Commercial Real Estate Advisors

Acquisition Context
  • This is Avison Young’s 13th transaction in the Real Estate sector.
  • This is Avison Young’s 12th transaction in the United States.
  • This is Avison Young’s 2nd transaction in Florida.

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M&A Deal Summary

Date September 3, 2013
Target Lane Witherspoon & Carswell Commercial Real Estate Advisors
Sector Real Estate
Buyer(s) Avison Young
Deal Type Add-on Acquisition

Target Company

Lane Witherspoon & Carswell Commercial Real Estate Advisors

Tampa, Florida, United States
Lane Witherspoon & Carswell Commercial Real Estate Advisors and L&W Commercial Property Management is a commercial real estate service provider in the Central and West Coast regions of Florida. Services provided include office, industrial and retail leasing for landlord and tenant representation, seller and buyer representation for building sales, and full property management and property management accounting services.
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Buyer Overview 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 Context for Buyer #
Overall 13 of 43
Sector: Real Estate 13 of 39
Type: Add-on Acquisition 13 of 43
State: Florida 2 of 5
Country: United States 12 of 30
Year: 2013 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 R7 Real Estate

Torrance, California, United States

R7 Real Estate, Inc. is a real estate property management firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Dillon Corporate Services

Dallas, Texas, United States

Cresa Dallas is a full-service commercial real estate services company.

Buy -