One of Canada's largest independent commercial real estate firms adds
enhanced local knowledge and an enterprising spirit
TORONTO, July 11, 2013 /CNW/ - Ashlar Urban Realty Inc. announced today
its acquisition of Smith Company. The transaction brings together two
great companies to create one of the most dynamic commercial real
estate firms on the street. The transaction closed today, with all
current Smith Company employees set to relocate to the Ashlar location
at 166 Pearl Street in Toronto early next week.
Ashlar Urban Realty is one of Canada's largest independent commercial
real estate firms and the addition of Smith Company personnel will
bring Ashlar's team to more than 30 real estate professionals.
"We are thrilled to welcome the Smith Company team, as they will bring a
strong sales-focus and an enterprising spirit along with their deep
knowledge of the Toronto commercial real estate market," said Jeff
Thomas, Managing Partner and Broker, Ashlar Urban Realty Inc. "We will
benefit greatly as Paul Smith is one of the most well-known and
respected veterans in our industry and we look forward to working with
him closely as he joins our management team," Thomas continued.
"The partnership between our company and the team at Ashlar is a great
fit," said Paul Smith, Founder and President, Smith Company. "Both
companies share a commitment to entrepreneurialism and a dedication to
client service. We are looking forward to bring our people and
operations on to the Ashlar platform," Smith added.
Ashlar is 100 per cent Canadian-owned and managed by a team of
professionals whose sole focus is real estate. The firm has long-term
relationships with property owners, major tenants, government agencies
and other local leaders. Smith Company has great landlord relationships
and a solid long-term portfolio, and is focused on leasing in Toronto's
SOURCE: Ashlar Urban Realty Inc.
For further information:
Jeff Thomas, Managing Partner & Broker
Ashlar Urban Realty Inc.
(416) 205-9222 Extension 221