TORONTO, Canada—Avison Young has acquired Toronto-based property appraisal company Metrix Realty Group (Ontario) Inc.
Mark Rose, chair and CEO, said the the purchase further expands Avison Young's valuation and advisory service business-line coverage across the Greater Toronto Area (GTA)and the rest of Canada. The change in ownership adds 18 employees to Avison Young's operations. Terms of the acquisition were not disclosed.
"We are extremely pleased to announce the acquisition of Metrix Ontario, which is the next step in our ongoing growth in Canada," said Rose. "This expansion of our existing property appraisal service-line offering will give us greater capabilities to provide valuation and advisory services to our clients on a local and national basis – something that our clients are asking for. This acquisition is the ideal way to accomplish that goal."
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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.
