Joining Savills Studley provides us with a true global platform for our clients. Many Canadian companies are expanding to the U.S., as well as seeking locations in Europe and Asia.
New York, NY (PRWEB) December 14, 2015
As part of the company’s continued expansion in North America, Savills Studley has acquired Real Facilities, a Toronto-based, full service commercial real estate firm committed exclusively to representing tenants.
The newly acquired office will continue to provide tenant representation, transaction management, capital markets, project management and design services to companies across multiple industries, including office, industrial and retail. Stan Krawitz, Founder and President of Real Facilities, will oversee the operations for Savills Studley as Executive Vice President, Founder and Head of Canada.
Krawitz will focus on the growth of Savills Studley in Toronto and nationwide, with an emphasis on attracting top-level talent as it expands into other major Canadian markets. He will work together with Senior Vice President Allen Grinberg, Senior Vice President and Branch Manager of Ontario Ken Norris and Savills Studley President Michael Colacino.
“It was important that Savills Studley create a strategic presence in Toronto, the fourth-largest commercial real estate market in North America. We are very excited by the opportunities this acquisition presents for our clients as many multinational firms have targeted the Greater Toronto Area for growth,” Mr. Colacino said. “Stan and the Real Facilities team share our steadfast commitment to the tenant representation model and providing best-in-class service to clients.”
“Joining Savills Studley provides us with a true global platform for our clients. Many Canadian companies are expanding to the U.S., as well as seeking locations in Europe and Asia,” Mr. Krawitz said. “Savills Studley and Real Facilities have collaborated on numerous large transactions for clients on both sides of the border for more than five years. In many ways, this is just the formalization of the great partnership we’ve enjoyed; the transition has been seamless.”
Founded in 1954, Savills Studley pioneered the conflict-free business model of exclusively representing tenants in their commercial real estate transactions. The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and more than 600 locations around the world.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 27 offices in the U.S. and Canada and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit http://www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.