MCLEAN, VA-Avison Young is expanding its DC-area presence withthe acquisition of Appian Realty Advisors, a locally based realestate firm. Avison is bringing16 employees on board--including 12brokers and project management professionals led by Dan Gonzalezand Tom Sandlin. Gonzalez and Sandlin are principals of AvisonYoung and senior vice presidents in the Northern Virginia office.Terms of the acquisition were not disclosed.
A Canadian company, Avison Young has been pushing further intothe US market since 2009, when opened its first stateside office inChicago. It has opened offices in Atlanta, Houston, and Washington,DC over the past six months.
Gonzalez and Sandlin formed Appian Realty Advisors in 2007. Itsleasing portfolio consists of nearly 50 listings totaling 2.35million square feet and project management and consultingassignments of 775,000 square feet. It has also expanded into otherareas, most recentlyforming a new division, Appian Capital, to place debtand equity funding for new and existing projects throughout theMid-Atlantic region.
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