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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Avison Young planting flag in San Antonio’s real estate market with acquisition

Avison Young Commercial Real Estate is expanding into the San Antonio market with the purchase of project management-services company Remington Group Inc.

Financial terms of the buy-out were not disclosed.

Prior to the buy-out, Remington had corporate offices in the Philadelphia metropolitan and a satellite office in San Antonio. Toronto-based Avison Young employs 1,700 real estate professionals in 66 offices worldwide. Avison Young is looking to expand the company’s services in the San Antonio market through this acquisition, according to a company news release.

Remington Group provides business owners with planning, design, construction and relocation services. Throughout the company’s history, it has managed the build out of more than 7.5 million square feet of office, overseen more than 2.5 million square feet of new construction and relocated more than 500,000 people.

Click to read entire article: Avison Young planting flag in San Antonio’s real estate market with acquisition (San Antonio Business Journal, 05-04-15)

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