Larry P. Heard, CEO of Transwestern Larry P. Heard, CEO of Transwestern

HOUSTON—Transwestern Commercial Services and Montreal-based commercial brokerage firm Devencore report that based on a new strategic alliance the two companies will collaborate on a host of service offerings.

Specifically, Transwestern Commercial and Devencore will work together on cross-border occupier, agency and capital market opportunities, and will also provide research, marketing and consulting support for existing and future clients.

“We are very pleased to have established a strategic relationship with one of Canada's preeminent and most highly regarded commercial real estate firms,” says Larry P. Heard, CEO of Transwestern. “A commitment to client service excellence, innovation and comprehensive solutions are just a few of the shared attributes that make this union compelling.”

Transwestern and Devencore together offer comprehensive services to a diverse range of occupier, owner and capital markets clients through 45 offices across North America. The firms, which each began operations more than 40 years ago, share a multifaceted consulting approach to real estate services, and engagements across borders are seamlessly managed by a single point of contact, the companies note in a joint announcement of the new alliance.

“As one of the biggest real estate advisors for corporate Canada, we know how important local market expertise is when making a real estate decision,” says Devencore CEO Jean Laurin. “This partnership ensures both firms have the best resources at their disposal when advising clients on sophisticated real estate matters. Transwestern brings both the product knowledge and service mentality we expect from our own teams.”

Transwestern has 35 U.S. offices and also maintains 221 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore.

Devencore is one of the largest privately held corporate real estate brokerage and advisory firms in Canada. The brokerage firm as offices in Toronto, Montréal and Vancouver, as well as affiliated offices in Calgary, Edmonton, Moncton, Halifax, Québec City and Victoria.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.