Avison Young Acquires The GPE Companies
In an amazing strategic move, Avison Young adds 29 commercial real estate professionals to its ranks! Formerly The GPE Companies, now branded as Avison Young Arizona, the Phoenix office gives Avison Young a presence in all major markets.
GPE Companies is a privately held, third-party real estate firm that has been serving a range of clients, from private individual investors to publicly traded corporations to international investment groups, for the past 43 years in Arizona. GPE is a leader in Arizona’s commercial real estate market, offering services for all property types, including office, retail, flex/industrial and land. In addition, the firm has a division specializing in all areas of healthcare real estate.
Over the past four decades, the company has facilitated acquisitions and sales transactions exceeding $2.5 billion in real estate value. GPE also represents 6 million square feet (msf) of commercial space under management in the Phoenix metro area.
“After successfully spanning more than 40 years as a local firm, GPE recognized the need to expand its reach globally to provide its clients with the best investment opportunities and resources to thrive,” says Genovese. “In joining Avison Young, our staff has the opportunity to benefit from an international platform and expanded expertise, which will allow us to be positioned as a leader in the Phoenix commercial real estate market. While GPE was a strong player in Phoenix, the opportunity for growth by joining Avison Young is timely and important given the recent merger and acquisition activity in the industry. We are proud to have found a
partner in Avison Young that shares our values of client focus, respect, performance, teamwork, innovation, integrity and quality of life. We’re very excited to begin collaborating with our new colleagues across the U.S. and in Mexico, Canada and Europe.”