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Starrpoint Acquired By Avison Young

LOS ANGELES-The purchase expands Avison Young’s footprint in Southern California as industry veteran Randy Starr becomes principal of the firm.

By Carrie Rossenfeld | Updated on September 12, 2012

LOS ANGELES-Toronto, ON-based commercial real estate services firm Avison Young has acquired Starrpoint Commercial Partners Inc., a full-service commercial real estate brokerage firm specializing in the Santa Monica submarket here. Starrpoint has an emphasis on representing high-tech and media firms that have migrated to “Silicon Beach,” another term for the Santa Monica market. The change in ownership brings industry veteran Randy Starr, founder and CEO of Starrpoint, and Tim Dornan, Starrpoint’s principal, to Avison Young’s L.A.-area operations.

The newest American office marks Avison Young’s third Los Angeles location and an additional step in the firm’s aggressive growth and expansion strategy. Terms of the acquisition were not disclosed. The purchase further expands Avison Young’s market and business-line coverage in the L.A. area.

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