Toronto-based Avison Young has acquired Ramsey-Shilling Commercial Real Estate Services Inc., a real estate brokerage firm based in Los Angeles. The acquisition marks Avison Young's 11th office outside of Canada.
According to the company, the acquisition will add 23 employees, including 18 brokers, to Avison Young's operations. Four members of the Ramsey-Shilling team – Christopher V. Bonbright, Mark Evanoff, John Tronson and Michael Dettling – have been named Avison Young principals.
The new office is Avison Young's second in Los Angeles, following the opening of its first office in the city August.Â
‘We plan to grow rapidly in this key market through strategic hiring and acquisitions,’ says Earl Webb, Avison Young's president of U.S. operations.
Terms of the acquisition were not disclosed.