Press Releases

October 16, 2018


HOUSTON AND MONTREAL – Transwestern Commercial Services and Devencore, two privately owned, leading commercial real estate firms based in the United States and Canada, respectively, today announce a strategic alliance, extending their integrated commercial real estate services capabilities across North America to serve clients globally. Specifically, the companies will collaborate on cross-border occupier, agency, and capital markets opportunities, and provide research, marketing and consulting support for existing and future clients.

“We are very pleased to have established a strategic relationship with one of Canada’s preeminent and most highly regarded commercial real estate firms,” said Larry P. Heard, CEO of Transwestern. “A commitment to client service excellence, innovation and comprehensive solutions are just a few of the shared attributes that make this union compelling. We are confident our alliance partnership with Devencore will be productive and rewarding on many fronts – starting with our clients.”

Transwestern and Devencore together offer comprehensive services to a diverse range of occupier, owner and capital markets clients through 45 offices across North America. Each company has a storied 40-plus year history fortified by strong, stable leadership and a like-minded focus on service excellence and stewardship. The firms share a multifaceted consulting approach to real estate services, and engagements across borders are seamlessly managed by a single point of contact.

“As one of the biggest real estate advisors for corporate Canada, we know how important local market expertise is when making a real estate decision,” said Devencore CEO Jean Laurin. “This partnership ensures both firms have the best resources at their disposal when advising clients on sophisticated real estate matters. Transwestern brings both the product knowledge and service mentality we expect from our own teams.”

Because all companies are operating from an increasingly global mindset, a well-respected partner is imperative when assisting corporate clients outside existing markets with services such as site selection, tenant representation, workplace strategy and facilities management. Similarly, in the past year, Canadian

investors have been the most active buyers of U.S. commercial real estate, accentuating the need for highly capable, on-the-ground agency leasing and capital markets teams that are poised to add value to real estate portfolios.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 35 U.S. offices and assists clients from more than 221 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.

ABOUT DEVENCORE

Founded in 1972, Devencore is one of the largest privately held corporate real estate brokerage and advisory firms in Canada. We offer comprehensive services that are specifically designed to ensure that all real estate decisions are supported by effective real estate strategies and professional execution. Devencore has offices in Toronto, Montréal and Vancouver, as well as affiliated offices in Calgary, Edmonton, Moncton, Halifax, Québec City and Victoria. We assist clients with their U.S. real estate needs through a strategic alliance with U.S.-based Transwestern. To learn more, visit www.devencore.com.

Media Contacts:
Stefanie Lewis                                                                                                                                
713.272.1266                                                                                                                                 
stefanie.lewis@transwestern.com                                                                                        
twmediarelations@transwestern.com

Pascal Easton
514.392.9389
peaston@devencore.com
 

Larry Heard

Chief Executive Officer

Houston, Texas

+1 (713) 270-3306