Is It The End For Flagler Real Estate Services?

Rumor has it that a deal is in the works for Canadian-based Avison Young to purchase Flagler Real Estate Services.  South Florida Business Journal reported that although a deal hasn’t been finalized, Avison Young is the “front runner.”
Industry sources also state that Jack Lowell is the only one staying on, while the rest of the brokers, including Pike Rowley and Keith O’Donnell, are leaving.
Founded in 1978, Avison Young is Canada’s largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principal-managed commercial real estate brokerage firm in North America. Comprising more than 950 real estate professionals in 32 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.
Check back for more details regarding this story as they unfold.