Metrix Ontario has completed appraisals on a wide range of property types, including office, retail, industrial and multi-family real estate, as well as all types of development land. Clients have included a diverse range of public, private and institutional investors, as well as a wide variety of financial institutions.

Effective immediately, Metrix Ontario is rebranded as Avison Young, and Metrix Ontario founder and president Paul Stewart and vice-president Matthew McWatters become principals of Avison Young.

"Paul Stewart is a respected and recognized expert in his field, and he has assembled a team of trusted professionals at Metrix Ontario, said Rose. "The firm's collaborative, client-focused culture means that Paul and his team are an ideal fit for Avison Young. By bringing the Metrix Ontario team and its service offerings in-house, we aim to provide a seamless experience and an extra level of convenience to our clients."

Stewart, a 31-year real estate industry veteran, will lead the GTA valuation and advisory team. He will be responsible for expanding Avison Young's property appraisal service offerings in all business classes throughout the GTA and assisting with the strategic expansion of Avison Young's valuation service line across Canada. In addition, Stewart will manage Avison Young's day-to-day appraisal operations in the GTA and collaborate with other offices across the country.

Also joining Avison Young from Metrix Ontario are: Kristina Armstrong, Mor Levy, Justin McWatters, Michael Parr, Marc Smith, Nicolle Forget, Madison Cowan, Liran Tal, Graham Morrison, Jamie Padda, Zach Read, Stefan Van Houtte, Richard Chen, Benjamin Chen and Andrea Callegari. All of the new additions will eventually be based in Avison Young's Toronto North office, which is being expanded to accommodate them.

"With the capabilities that Paul and his team bring to the table, this strategic acquisition not only helps us build out our platform of appraisal services in the GTA, but will allow us to provide our clients with the best level of service," says Mark Fieder, Avison Young's chief operating officer, Canada. "We welcome Paul and the entire Metrix Ontario team to Avison Young and look forward to collaborating with them as we continue to grow the company in ways that benefit our clients."

Over the past seven years, Avison Young has grown from 11 to 74 offices and from 300 to more than 2,100 real estate professionals in Canada, the U.S., Mexico and Europe.

"I am excited by the opportunity to bring our team's experience and commitment to Avison Young," said Stewart. "At Metrix Ontario, we have worked hard to assemble a team of valuation professionals that is second to none, while maintaining a corporate culture that benefits both our staff and our clients – a culture very similar to that of Avison Young. We couldn't be more pleased to be joining this Principal-led firm, and look forward to meeting and collaborating with our new colleagues across Canada, the U.S., Mexico and Europe."

During his career, Stewart has appraised a wide range of investment-grade commercial property in Canada and the United States. Stewart co-founded Metrix in 2002. He has also worked for The Altus Group, Colliers International in Toronto, and Edward F. Heberger and Associates in Connecticut.

McWatters brings to Avison Young more than 10 years of valuation experience with a wide range of property types, including office, retail, industrial and multi-residential properties, as well as special-use facilities. He has worked on valuations across Canada, producing cash flows and financial models for investment properties.