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AVISON YOUNG ACQUIRES PSB REALTY, OPENS NEW OFFICE IN COLUMBUS

COLUMBUS, OHIO — Canada-based Avison Young has acquired PSB Realty Advisors LLC and opened a new office in downtown Columbus. The newest American office represents Avison Young’s 39th office outside of Canada and an additional step in the firm’s ongoing growth strategy. During the past five years, Avison Young has grown from 11 to 54 offices in 43 markets and from 300 to more than 1,500 real estate professionals across Canada and the United States. As a result of the acquisition, Avison Young will assume a significant leasing and management portfolio, including the 20-story, 225,000-square-foot Key Bank tower in downtown Columbus. Effective immediately, Scott Pickett, former president and principal owner of PSB Realty, is now a principal at Avison Young. Pickett is also a managing director of the new Columbus office and will oversee the growth and development of Avison Young’s presence in Columbus, as well as manage the day-to-day operations of the office.

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