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GVA Williams acquires Chase Commercial Real Estate.

GVA Williams acquires Chase Commercial Real Estate GVA Williams announced that it has acquired Chase Commercial Real Estate, a-service commercial real estate brokerage firm headquartered in Stamford, Conn.

The newly acquired company will operate under the name GVA Williams Connecticut. Cory R. Gubner, founder of Chase Commercial Real Estate, will remain, along with all senior management. Gubner, a principal in GVA Williams Connecticut will continue to serve as president and CEO.

The acquisition marks the further regional expansion of GVA Williams--one of New York City's leading, full-service commercial real estate firms--adding to its successful expansion into the New Jersey market in 2000.

Gubner founded Chase Commercial Real Estate in 1998. Its current associates have more than 100 years of collective experience in the commercial real estate industry. The company specializes in the sales and leasing of office, retail and industrial properties throughout Connecticut, Westchester County, the Hudson Valley and Long Island. Among its distinguished list of clients are Stop & Shop, Fleet Bank, Urstadt Biddle Property Trust, BMW, Time Equities, The Vitamin Shoppe, Radio Shack, Cosi and Equinox Fitness.

Its brokers are skilled in a variety of commercial real estate services, including strategic marketing, retail site selection, comparative analysis, property valuation, market surveys, financial analysis and corporate facilities.

"We are extremely proud to have added Chase Commercial Real Estate and are very pleased to welcome Cory Gubner to oversee our brokerage efforts in Connecticut and the New York suburbs," said Robert L. Freedman, vice chairman of GVA Williams.

"Chase has a stellar reputation as one of the regions' premier real estate service firms. They share our vision of using the GVA Williams foundation of full corporate services. We expect to repeat the success we had in New Jersey, where we've experienced tremendous growth," Freeman added.

GVA Williams' new Connecticut office, with the experience and expertise of Gubner who has been in the commercial real estate business for over 12 years, will add to the depth and range of GVA Williams' services.

"We are honored to enter into this new venture with GVA Williams," said Gubner. "Numerous other firms approached us about merging but, in our estimation, GVA Williams offers the most sophisticated platform for future growth, with its combination of resources, talent, prestigious client list, national and international offices and cutting edge technology. GVA Williams fosters the same entrepreneurial approach to the business as we do, but on a much larger scale so it is a perfect fit for us."

GVA Williams, which also has offices in Chicago, upstate New York, New Jersey and now Connecticut, has been expanding regionally since the acquisition in May 2000 of GVA Williams New Jersey, a 45-person office located in Parsippany. The acquisition of the New Jersey and Stamford offices has increased GVA Williams' ability to provide seamless services throughout the tri-state area.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 23, 2002
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