Avison Young, a Toronto-based commercial real estate services firm, has acquired Columbus, Ohio-based PSB Realty Advisors LLC and opened a new office in Columbus.
The newest American office represents Avison Young's 39th office outside of Canada. Over the past five years, Avison Young says it has grown from 11 to now 54 offices in 43 markets – and from 300 to more than 1,500 real estate professionals across Canada and the U.S.
Effective immediately, Scott Pickett becomes a principal of Avison Young. Formerly president and principal owner of PSB Realty Advisors, Pickett also becomes managing director of the new Columbus office and will oversee the growth and development of Avison Young's presence in Columbus, as well as manage the day-to-day operations of the office.
‘Columbus plays an integral role in the Midwest supply chain because of the city's location and large distribution infrastructure," comments Mark E. Rose, chair and CEO of Avison Young. "Columbus will serve as another vital link to the Chicago area and enhance services to clients who operate extensively, or are based, in the Midwest. The central location also enables us to tie in services to clients on both the East Coast and West Coast."
Also joining Avison Young from PSB Realty Advisors are Steve Heiser and Graydon Webb, who will continue to focus on market-based brokerage activities and driving value for their clients, says Avison Young.
Effective immediately, PSB Realty Advisors' Columbus office will be re-branded Avison Young.
The announcement comes on the heels of Avison Young's acquiring Atlanta-based The Edison Group on Jan. 9.