Avison Young acquires Remington Group, Inc.
WAYNE, PA — Mark Rose, Chair and CEO of Avison Young announced that it has acquired Wayne, Pennsylvania-based project management company Remington Group, Inc.
The purchase further expands Avison Young’s business-line coverage in the Philadelphia metropolitan area and commences Avison Young’s project management service offerings in San Antonio, Texas. The change in ownership adds 10 employees to Avison Young’s operations.
Effective immediately, Remington Group founder William Connor becomes a principal of Avison Young and leader of the firm’s project management teams in Philadelphia and San Antonio. Connor brings 35 years of commercial real estate experience, primarily in the development and project management fields, to Avison Young.
“We are very excited to have Remington Group join Avison Young,” said Rose. “This acquisition will not only expand our business-line coverage throughout Philadelphia and the East Coast, but also complement our existing project and property management services in Texas, and create new synergies between San Antonio and Avison Young’s offices in Houston, Dallas and Austin.”
Also joining Avison Young from Remington Group are: Stephanie Hernandez, director of project management; Adrienne Piselli, project manager; Michelle Flowers, project manager; Kate Milgrim, project manager; Bridgette Henner, project manager; Chris Rinnier, project analyst; Steve Frederick, marketing coordinator; Jacy Bracaliello, director of business development; and Patricia Poe, operations coordinator.
According to Earl Webb, Avison Young’s president, U.S. operations: “Avison Young is a different kind of commercial real estate services firm. Our Principal-led ownership structure makes us unique, and to maintain our client focus, a strong, collaborative culture is imperative. Remington Group fits perfectly into our culture. Bill and his team have developed an outstanding reputation for reliable and consistent advice in asset acquisitions, development and project management strategies, and advisory services. Furthermore, Remington’s long-term clients have displayed great loyalty over the years, which speaks to the quality of the firm’s people and work. We’re thrilled to have Bill and his team on board.”
Avison Young opened its Philadelphia office in September 2013 with David Fahey joining as principal and managing director, and the office has been steadily growing since then.
“By combining our project management offerings with Avison Young’s globally recognized brand and broad range of real estate services, we are positioned to better service our clients. We’re also looking forward to collaborating with our new colleagues in the U.S., Canada and Europe to grow the company’s global project management service offerings,” said Connor.
The announcement comes on the heels of Avison Young acquiring Chicago-based Mesa Development, LLC on April 23, 2015.
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