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NEW YORK CITY-Grubb and Ellis just added Canada to its portfolio. In an announcement made this morning, the locally based firm reveals that it has entered into an alliance agreement with Canadian commercial real estate services firm Avison Young. The agreement encompasses a working relationship with Knight Frank, Grubb’s existing partner in Europe, Africa and Asia Pacific, creating a network that, according to a prepared statement, encompasses “more than 8,000 professionals in 200 offices in 30 countries on five continents.”

According to the statement, the three-way alliance creates one of the industry’s “largest integrated services network with capabilities spanning investment, corporate, institutional and governmental real estate interests.”Grubb CEO Barry Barovick explains that the new relationship gives the Manhattan-based company reach into all six of Canada’s major markets. But the alliance also works for Canadian firms eyeing US real estate, according to Avison Young Ontario president Mark Fieder.

“International companies are assigning their worldwide real estate needs to a single entity,” he explains in the prepared statement. “Our alliance positions Avison Young to serve as a gateway for clients in Canada who are expanding into North America and overseas, and global companies looking to our country to play a role in their own expansion goals.”

The alliance is part of an ongoing process for Grubb, and director of international operations Ray O’Keefe explains that the effort should grow in the near future. He indicates that the firm is currently in conversation with service providers in South America.

The news comes on a day that might be themed international expansion. Insignia/ESG also reveals that it is solidifying its foreign presence with alliances in Germany, Sweden and Denmark .

GlobeSt.com will stay on top of the story as details roll out.

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