As part of the agreement, CRA will also inherit three senioracademic consultants, a vice president, and other consultants;staff acquisition is ongoing and the total number is yet to befinalized. Financial terms of the deal were not disclosed, but thebuy is expected to be accretive to earnings in FY2001.
"This acquisition is a strategic complement to our existing corepractice areas," states Phil Cooper, CRA's VP of corporatedevelopment. "Not only does it strengthen several of our verticalpractices, it enhances our geographic presence on the WestCoast."
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
