Avison Young adds new service offering with addition of workplace design firm, providing end-to-end solutions to clients
January 18, 2022
Studio Eagle will deliver design, project management and construction services
Morristown, New Jersey – Avison Young announced it has acquired New Jersey-based Studio Eagle, an innovative workplace studio, space-planning and interior design firm and leading provider of interior design services, cost estimation, project management and construction management services. Bruce Emtage will join Avison Young as Principal and Managing Director, New Jersey Project Management Studio Services, and accompanied by more than 30 team members, including, interior designers and project managers to be based in the firm’s office in New Jersey.
“Studio Eagle’s direct-to-market interior design-to-build services align with our understanding of the workplace as a dynamic ecosystem that must be approached holistically,” added Sheila Botting, Principal and President Americas, Professional Services at Avison Young. “By offering ‘white-glove’ service that leverages a tightly-knit team to deliver everything from the space planning and interior design through construction, the Studio Eagle team brings greater value to clients and can create spaces that are more innovative, human-centric and sustainable, in line with Avison Young’s X Factor approach.”
Continuing investments in the firm’s Project Management service line will enhance Avison Young’s abilities to meet client needs by engaging them from initial real estate strategy through to project implementation. Boston-based project management firm, Dowling Houy was also recently acquired by Avison Young and Arlene Dedier was appointed to lead Canadian Project Management Services. Over the past year, the firm has strategically broadened its North American offerings across the real estate lifecycle, including project management, infrastructure and design services to best help occupiers, owners and investors navigate increasingly complex and accelerating marketplace needs around workplace strategy and city resiliency.
“Transformative changes are taking place at Avison Young, elevating us to the next level and setting the bar of what to expect from a commercial real estate services organization,” said Juan Bueno, Principal and U.S. President at Avison Young. “Adding Studio Eagle’s flawless hand-off project management model opens the door to a whole new host of services that build on our ability to meet client needs at every stage of the real estate life cycle. That is a major differentiator for us and a critical part of our strategy.”
“We made the strategic choice to align ourselves with a collaborative and dynamic real estate services platform like Avison Young’s because they have the market intelligence and tech stack to propel growth and put boots on the ground in extended geographic regions,” commented Emtage. “This was the right transition, at the right time and we are excited to bring our talented team and decades of workplace design experience to the Avison Young family.”
Matheson Financial Advisors, Inc. acted as the financial and M&A advisor on behalf of Studio Eagle and its members. Morningstar Law Group acted as the legal advisor for Studio Eagle and its members.
About Studio Eagle
Studio Eagle is a highly-regarded workplace design firm with integrated construction capabilities specializing in corporate offices and headquarters. The New Jersey-based firm was founded in 1987, as Eagle Acoustics, then focused on suspended ceilings and interior construction. The company evolved and transformed into a leading full-service workplace design and interiors firm with a long history of representing top-tier corporate clients throughout the Tri-State in an array of industries, including, food, legal, pharma and insurance companies.
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2021 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 10 consecutive years.