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Avison Young Continues to Expand

TORONTO—Avison Young acquires Calgary-based property management firm Peregrin, adding 1 million square feet to the firm's global property management portfolio and 12 employees to its Calgary office.

By Kelsi Maree Borland | Updated on February 17, 2015

TORONTO—The Canadian brokerage services firm Avison Young has acquired the Calgary-based property management firm Peregrin. Continuing the firm’s ongoing global expansion, the purchase adds 1 million square feet to Avison Young’s property management portfolio and 12 employees to Avison Young’s Calgary office.

“We had the opportunity to purchase Kevin Ogle‘s [Peregrin president and CEO] company and give us more heft in the property management side in the Western part of the country,” Mark Rose, chair and CEO of Avison Young, tells GlobeSt.com. “Honestly, this is what we do every day when we find folks that fit the culture of the company and add to the platform. We are going on approximately 40 acquisitions already, so this is just one more that is on strategy. Kevin had a great business, and he was in the West where we wanted to augment our resources. We were able to come to terms, close and bring Kevin in as a leader.”

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