DALLAS-Avison Young, said Tuesday that it has acquired Dallas-based commercial real estate firm Dillon Corporate Services, Inc. (doing business as Cresa Dallas) in an asset sale. The purchase further expands Avison Young's business-line coverage in Texas. The change in ownership adds 40 employees to Avison Young's Dallas operations.

Effective immediately, Dillon Corporate Services founders Greg Langston and Terry Quinn, along with Mike McElwee, Art Green, Curt Linn, Kevin Smith, Buddy Turner, Brian Whittington, David Cooke, Bret Hefton and Jim Louis, become principals of Avison Young.

Langston also becomes managing director of the Dallas office and will be responsible for growing a full-service commercial real estate platform in Dallas through recruitment and acquisition. He will also manage the day-to-day operations of the office and service new and existing clients. McElwee will be responsible for the management and oversight of enterprise solutions clients, and Louis will head project management in Dallas.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.