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NEW YORK CITY- Savills has acquired Macro Consultants, a project management firm that oversees capital projects, including relocations, expansions and modernizations nationally. The acquisition bulks up Savills existing advisory and management platform to offer leaner services to its clients.
Michael Glatt is a longtime owner of Macro Consultants having helped to grow the firm to more than 85 professionals in markets that include New York, Los Angeles, Washington, D.C., Denver and Philadelphia. Glatt's book of business includes nonprofit organizations to Fortune 100 companies, where he has assisted in budgeting and overseeing a wide range of capital projects, including relocations, expansions, and modernizations.
"The objective of this acquisition is to strengthen our existing project management platform, which currently consists of 50 project management professionals across the U.S. and Canada," said Savills Chairman and CEO Mitchell S. Steir in a prepared statement. "By bringing the Macro team to Savills, we have not only more than doubled our firm's project management resources, we gain deep in-house industry knowledge that will enable us to better meet our clients' capital project requirements."
Glatt and the Macro team have worked with the Savills team over the past ten years as they completed projects for their mutual clients, according to Savills Vice Chairman David Lipson. "Many Savills leaders have had the benefit of seeing firsthand Macro's efforts and hearing the resulting rave reviews from its clients."
For a seamless integration of Macro Consultants, careful thought and planning have gone into the alignment of people, technology, processes and best practices. The only change Macro's clients will notice is the utilization of Savills' global presence, Lipson said.
Glatt will fill the role of vice chairman and North American head of project management. "As we look forward to the coming years of success, I'm very proud to be sharing this moment with our family of employees, all of whom are critical partners in this new phase of growth."
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
