Aguer Havelock Associates, a Sacramento-based real estate brokerage company and a former member of the NAI network, has been acquired by Avison Young, the Canadian commercial real estate services firm. Founded in 1992, Aguer Havelock Associates is an independently owned commercial real estate brokerage firm offering a full slate of commercial real estate services to businesses operating in diverse sectors, and serving five counties: Greater Sacramento, El Dorado, Pacer, San Joaquin and Yolo. The change in ownership adds five new employees to Avison Young's operations in Sacramento, according to a GlobeSt.com article. Terms of the acquisition were not disclosed.
"Sacramento, due to its proximity to San Francisco and other areas of Northern California, ranks as one of the most dynamic markets in North America," Mark Rose, Chair and CEO of Avison Young, said in a statement. "Although Avison Young already has a presence in the region, we are now able to offer brokerage services, a core element of our full-service model. With the acquisition of Aguer Havelock, we have once again strategically expanded in a key market, California's state capital, that has a strong demand for our Principal-led, client-centric business model."
Over the past five years, Avison Young has grown from 11 to 58 offices and from 300 to more than 1,500 real estate professionals across Canada, the U.S., and in Europe.
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