Tricor-backed Avison Young acquires Kwartler Associates

Avison Young Inc has acquired Kwartler Associates Inc, a manager of office, industrial and flex space based in Waldwick, New Jersey. The financial details of the transaction were were not released. Avison said the deal expands its business-line coverage in New Jersey and throughout the tri-state market. Based in Toronto, Avison is a commercial real estate services specialist and a portfolio investment of Canadian private equity firm Tricor Pacifc Capital. This month, Tricor made a second growth investment in the company, adding to the original $40 million that it invested in October 2011.

19 September 2014•6 mins read
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