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Cushman & Wakefield Acquires Ashlar Urban Realty


Cushman & Wakefield has completed its acquisition of Ashlar Urban Realty, a downtown Toronto-focused firm representing more than 150 mid-market assets. Thirty-one Ashlar pros have joined Cushman, including former president and founder Craig Smith, now executive vice president with Cushman; executive vice president Jeff Thomas; senior vice president Mike Scace; and vice president Fraser McKay. Cushman’s Canada CEO, Chuck Scott, said adding Ashlar’s team will deepen his company’s platform with a rich pool of talent. Ashlar, founded in 1999, specializes in investment sales, office, retail and land development.