TORONTO, ON—Toronto-based Avison Young has acquired New Jersey-based asset management firm Kwartler Associates. The purchase further expands Avison Young’s business-line coverage in New Jersey and throughout the tristate market, adding 27 employees to the firm’s office in Morristown, NJ.

Established in 1980, Kwartler Associates manages more than 5.1 million square feet of office, industrial and flex space across about 50 assets. Included in this portfolio is more than 2.2 million square feet of exclusive agency leasing and management assignments in Bergen and Morris counties, two of New Jersey’s most active and dynamic office and industrial submarkets.

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