NAI Terramont Commercial Announces Merger and Expansion of Commercial Real Estate Services in Montreal
Montreal, Quebec – March 1st, 2018: In a merger of equals —NAI Commercial Montreal and Terramont Real Estate Services Inc., two of Montreal’s top commercial real estate firms, will join forces and beginning March 1 will operate as NAI Terramont Commercial. With the merger, the official NAI Global office in Montreal enters the top 5 firms serving the office, industrial, retail, tenant and investor market in Canada’s second biggest city, announced Paul-Eric Poitras, President of the newly formed entity NAI Terramont Commercial.
Poitras was President of NAI Commercial Montreal, which began operations in 2005 and as a company has primarily served industrial property owners and occupiers, as well as local, national and international commercial property investors and sellers. Since 1998 Terramont has been providing corporate real estate solutions for some of North America’s leading companies locally, nationally, across the U.S. and around the world. Terramont’s strength has historically been in the tenant representation and office leasing arenas. For international client services, Terramont had formerly been affiliated with Cresa Partners and later, TCN Worldwide.
NAI Terramont Commercial will initially consolidate offices into NAI Commercial’s location at 615 René-Lévesque Blvd W, Montreal, QC H3B 1P9, Canada. Combined, with 22 brokers NAI Terramont Commercial becomes the 5th largest commercial real estate services firm ranked by the number of brokers in Montreal.
“The combined firms are complementary in so many ways and the primary beneficiaries of the merger will be our respective clients, which will now have a single resource to provide all of their real estate needs regionally as well as nationally, and with NAI Global’s backing, globally,” said Paul-Eric Poitras.