Avison Young has acquired Rutherford, NJ-based Cresa NJ-North/Central and opened a second Avison Young office in New Jersey. Founded in 2011, CNJ is a privately held real estate firm that specializes in corporate tenant representation for pharmaceutical, biotech, technology, telecommunications and financial services companies. CNJ has been rebranded as Avison Young effective immediately, bringing its total network of offices in the U.S. to 54. CNJ managing principals Tom Giannone and Ron Ganter have become principals at Avison Young. Avison Young’s second New Jersey office will be located in the Metropark area. Over the past eight years, Avison Young has grown from 11 to 79 offices and from 300 to more than 2,400 real estate professionals in Canada, the U.S., Mexico and Europe.
“We’re thrilled that Tom, Ron and their team are joining Avison Young, and pleased to be opening our second office in New Jersey,” stated Mark E. Rose, Chair and CEO of Avison Young. “The acquisition of CNJ further expands Avison Young’s tenant representation advisory services, particularly in the life-science sector, for local, national and international businesses operating in New Jersey. With Tom and Ron, we are again adding highly regarded veteran commercial real estate professionals who are respected for their leadership, extensive industry experience and in-depth local market knowledge.”
