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WASHINGTON, DC-GVA Advantis has inked another merger agreement, this time with First Retail Partners, a retail brokerage and services company serving the DC area and Baltimore. First Retail Partners is becoming a wholly-owned subsidiary of GVA Advantis.

Roger Carlson and Scott Thiell, co-founders of First Retail Partners, are joining GVA Advantis as part of the transaction. GVA Advantis is using this latest merger–its second since it was recapitalized last summer by Jeff Neal–to grow its retail service line through both tenant and landlord representation, GVA’s president Tim Hague tells GlobeSt.com.

First Retail Partners’ clients include Panera Bread, Trader Joe’s Stores, Ruby Tuesday Restaurants, Kinko’s Copies, Hollywood Video, Washington Sports Clubs, Commerce Bank, Damon’s and World Market. The group has leased space in Potomac Yards Center, Hechinger Commons Shopping Center, Germantown Square Shopping Center and Meridian at Eisenhower Station.

Before they formed First Retail, Carlson and Thiell founded the retail brokerage divisions of Charles E. Smith Companies in 1988 and Madison Retail Group in 1997.

Earlier this year, GVA Advantis and Urban Realty Advisors inked a similar deal. This was a development services and project management expertise play for GVA Advantis–URA’s areas of expertise.

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