HACKENSACK, NJ-International commercial real estate services firm Studley has acquired locally based based Gravitas Real Estate Resources, a provider of lease administration and lease audit services. The newly acquired company will be positioned as part of Studley’s new Strategic Portfolio Solutions group. Gravitas founder Al Stabile will continue to lead the company.
“We are pleased to acquire Gravitas,” Studley president Michael Colacino said in an announcement. “Gravitas, like Studley, has a singular mission. Both companies have become successful by remaining focused on providing unparalleled services to users of space.”
Prior to the 2006 formation of Gravitas, Stabile was co-founder and co-principal of Exactus Portfolio Management Advisors, which subsequently spun off a significant majority of clients and operations to Gravitas.
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