NAI Global Enhances Coverage of Toronto Market with Ashlar Urban Realty

TORONTO, Sept. 22 /CNW/ - NAI Global, the world's premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today it is enhancing its coverage in Canada with the signing of Ashlar Urban Realty in Toronto.

Based in Toronto, and serving the greater Toronto market including Downtown Toronto, Mississauga, Peel and Durham Regions, Ashlar Urban is a privately owned Canadian real estate brokerage specializing in office and retail leasing, investment sales, and advisory services. The firm offers acquisition/disposition services, landlord and tenant representation, lease negotiation, portfolio disposition and development services to its roster of more than 3,000 clients. In 2008 alone, the Ashlar team closed more than $125 million in property sales and leased more than 430,000 square feet of space.

"The Ashlar Urban team is a growing force in Toronto's downtown core and periphery areas," said Jeffrey M. Finn, NAI Global President & CEO. "Their deep local knowledge and relationships and strong market position greatly enhance our coverage in this important international city."

"The key to our success is our team's willingness to go beyond the brokerage role to partner with our clients, fully understanding their real estate needs and objectives," said Craig G. Smith, President, Ashlar Urban. "With expertise in the investment, leasing and retail sectors, we provide our clients with an intimate knowledge of the Toronto real estate market as well as other Canadian markets, enabling them to make the most informed, intelligent decision about their investment in real estate."

Ashlar Urban is the newest addition to NAI Global's Canadian Network, which includes 10 additional offices operating under the NAI Commercial umbrella in Calgary, Edmonton, Gatineau, Halifax, Langley, Montreal, New Westminster, Ottawa, Vancouver and Victoria.

Ashlar Urban is located at 350 Bay Street, Suite 400 in Toronto, Ontario. Headquartered in Princeton, New Jersey, NAI Global manages a network of 325 offices and 5,000 professionals in 55 countries across the globe.

About NAI Global

NAI Global is one of the leading commercial real estate services providers worldwide. Headquartered in Princeton, New Jersey, NAI Global manages a network of 5,000 commercial real estate professionals and 325 offices in over 55 countries, and completes over $45 billion in annual transaction volume. Since 1978, NAI Global clients have built their businesses on the power of NAI's expanding network. NAI Global's extensive services include corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. To learn more, visit www.naiglobal.com.

About Ashlar Urban

Ashlar Urban is a full service real estate firm located in Toronto, Ontario and the Toronto area representative for NAI Global, the world's largest managed network of real estate service-providers comprising 5,000 brokers in 325 offices serving in 55 countries throughout the world. Ashlar Urban's professionals represent clients in all aspects of commercial real estate including multi-site acquisitions and dispositions, sublease, tenant/landlord representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.ashlarurban.com or call 416 205 9222.

SOURCE ASHLAR URBAN REALTY INC. - REAL ESTATE BROKERAGE

For further information: For further information: Stacey Funk, Marketing Director, (416) 205-9222

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ASHLAR URBAN REALTY INC. - REAL ESTATE BROKERAGE

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