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MORRISTOWN, NJ- GlobeSt.com has exclusively learned that Toronto-based Avison Young has acquired commercial project-management firm the Walsh Co., establishing a New Jersey headquarters at Walsh’s Morristown office. The newly installed head of AY’s Garden State operations, Jeffrey Heller, joins Edward S. Walsh and Thomas J. Walsh at the Headquarters Plaza office here. GlobeSt.com broke the story of Heller’s arrival in September.

With the closing of the deal on Tuesday, Edward and Thomas Walsh immediately became AY principals and will continue to direct the 53-member office, whose employees are all being retained. Other terms of the acquisition were not disclosed.

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