{"id":1004133628,"date":"2015-12-15T07:35:59","date_gmt":"2015-12-15T15:35:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004133628"},"modified":"2020-05-11T03:55:45","modified_gmt":"2020-05-11T11:55:45","slug":"savills-studley-ventures-into-canada","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/savills-studley-ventures-into-canada\/","title":{"rendered":"Savills Studley Ventures into Canada"},"content":{"rendered":"<p>By Scott Baltic, Contributing Editor<\/p>\n<div id=\"attachment_1004133630\" style=\"width: 224px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004133630\" data-attachment-id=\"1004133630\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/savills-studley-ventures-into-canada\/michael-colacino\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg\" data-orig-size=\"1500,2100\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Michael Colacino\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Michael Colacino &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?w=731\" class=\"size-medium wp-image-1004133630\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg\" alt=\"Michael Colacino \" width=\"214\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg 1500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=214,300 214w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=768,1075 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=731,1024 731w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=1097,1536 1097w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=1463,2048 1463w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=150,210 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=300,420 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=696,974 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Michael-Colacino.jpg?resize=1068,1495 1068w\" sizes=\"auto, (max-width: 214px) 100vw, 214px\" \/><\/a><p id=\"caption-attachment-1004133630\" class=\"wp-caption-text\">Michael Colacino<\/p><\/div>\n<p>The year-and-a-half since the merger that created Savills Studley continues to be a busy time, as the company announced on Monday that it has acquired Real Facilities, a Toronto-based full-service CRE firm that handles tenant representation exclusively. The <a href=\"https:\/\/www.savills-studley.ca\/\" rel=\"nofollow\" target=\"_blank\">office<\/a> will continue to provide tenant representation, transaction management, capital markets, project management and design services in the office, industrial and retail product types.<\/p>\n<p>Stan Krawitz, Real Facilities\u2019 founder and president, will oversee the operations for Savills Studley as executive vp and head of Canada and will work with senior vp Allen Grinberg, senior vp and Ontario branch manager Ken Norris, and Savills Studley president Michael Colacino.<\/p>\n<p>\u201cIt 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,\u201d Colacino said in a prepared statement.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004133631\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/savills-studley-ventures-into-canada\/stan-krawitz\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg\" data-orig-size=\"2369,3554\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Stan Krawitz\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?w=683\" class=\"alignleft size-medium wp-image-1004133631\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg\" alt=\"Stan Krawitz\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg 2369w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=200,300 200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=768,1152 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=683,1024 683w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=1024,1536 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=1365,2048 1365w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=150,225 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=300,450 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=696,1044 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=1068,1602 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=1920,2880 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Stan-Krawitz.jpg?resize=280,420 280w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a>\u201cJoining 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,\u201d Krawitz added. \u201cSavills 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\u2019ve enjoyed; the transition has been seamless.\u201d<\/p>\n<p>\u201cThe acquisition fits into Savills Studley\u2019s five-year plan to double the size of the business by continuing to recruit elite tenant rep brokers, open and\/or acquire new offices in strategic markets across the U.S. and Canada, and continue to grow service lines,\u201d according to a Savills Studley spokesperson.<\/p>\n<p>The acquisition is Savills Studley\u2019s first in Canada, but its fourth overall this year. In April, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/savills-studley-bolsters-silicon-valley-presence\/\" target=\"_blank\">purchased Cooper Brady Partners<\/a> in Silicon Valley, a two-office firm with 21 brokers and ten project managers.<\/p>\n<p>Savills Studley also purchased Vertical Integration, of Tampa, strengthening its occupier services and workforce strategy business, and New York-based management consulting firm KLG Advisors, which provides strategic location and workforce advisory services, including portfolio evaluation and realignment, to large corporations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Savills Studley has announced that it has acquired Real Facilities, a Toronto-based full-service CRE firm that handles tenant representation exclusively.<\/p>\n","protected":false},"author":882,"featured_media":1004133633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21781,21808,16,21742],"tags":[],"class_list":["post-1004133628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-real-estate","category-featured","category-international","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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