TORONTO-Continuing an acquisition binge, locally-based AvisonYoung has acquired Atlanta-based Hodges Management and Leasing Co.,which handles a portfolio of about 19.3 million square feet inAtlanta, Tennessee and Florida. Avison took over Tysons Corner,VA-based Appian Realty Advisors LLC in early July.

Mark Rose, chairman and CEO of Avison, tells GlobeSt.com thathis firm will continue to snatch up management companies in theUnited States this year. “We expect to continue to add major USmarkets. The next three on our plate are Los Angeles, New York Cityand Boston, and we may also add Dallas this year as well,” hesays.

The 177-building acquisition boosts Avison’s managementportfolio to 50 million square feet of retail, industrial andoffice properties in Canada and the United States. The companyopened its first US-based office last year in Chicago, and hasfollowed with these new offices, as well as Washington, DC andHouston.

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