AUSTIN–Commercial Texas has been acquired by Avison Young as a way for the Canadian company to expand its commercial real estate services in Texas.

“Austin combines a high quality of life along with an entrepreneurial business culture. Its reputation and prominence has been growing right alongside the city’s population,” Avison Young CEO Mark Rose, tells GlobeSt.com. “It’s home to a top-tier university, the state government and a myriad of major corporate employees, helping to create a well-balanced and diversified economy with a constant ability to add and attract talent. Additionally, it’s experienced one of the healthy real estate markets across the US. Everything about the city appears poised to have a bright future.”

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