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Philly project manager sold

Avison Young takes over Remington Group

(Revised) Less than two years after opening a Philadelphia office, Avison Young, a Toronto-based company that calls itself "the fastest-growing commercial real estate service provider in the world," has taken over a local project-management competitor, Remington Group, and its Wayne headquarters. Terms of the deal weren't disclosed.

"Project management is integral to us," along with design and construction servcies, David Fahey, Avison Young's Philadelphia-based principal and managing director, told me. "Remington was Number One on our target list." Remington founder William Connor will report to him.

"We are taking what was Remington to the next level, bringing Avison Young services to where our reach will be much broader," Connor told me. "For full service companies like Avison, project management is a key resource to be able to offer their clients."

Past Remington projects in the Philadelphia area include the headquarters of Michael Rubin's online retail holding company Kynetic LLC in Conshohocken, the Philadelphia Zoo's parking garage, high-rise Commonwealth Hall at West Chester University, and projects for Comcast including an Oaks office renovation and a call center, eBay and a number of local nonprofits. Remington's San Antonio office supports apartment projects. Local Avison clients include 1500 Walnut and 1429 Walnut in Center City and the Spring Mill office complex in Conshohocken.

Besides his professional work, Connor is a former chairman of the elected Board of Supervisors in Easttown Township, Chester County (including central Berwyn and Devon).

Avison Young, which first opened a Philadelphia office under Fahey in September 2013, aquired Mesa Development LLC of Chicago, on April 23.