Avison Young has acquired Calgary-based real estate management company Peregrin Inc. The purchase adds approximately one million square feet of property under management to Avison Young’s global portfolio. As a result of the acquisition, Avison Young adds 12 employees in Calgary.
Established in 1995, Peregrin represents high net worth individuals, foreign and Canadian family trusts and institutional, corporate, pension, endowment and sovereign fund clients, managing their commercial real estate assets in Western Canada. The firm’s services include property management, asset management and project management, investment sales, leasing and mortgage-financing services, the company says.
Peregrin founder, president and CEO Kevin Ogle is now a principal of Avison Young. He will direct the firm’s real estate management business units in Calgary and Edmonton and be responsible for expanding their related business lines throughout Alberta. He will also collaborate with colleagues in other Avison Young offices to grow the company’s asset and property management business lines throughout Western Canada and across the country, the company says.