Savills Studley
Logo for the company Savills Studley
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| Subsidiary of Savills | |
| Industry | Real estate |
| Predecessor | Studley, Inc. |
| Founded | 1954 |
| Founder | Julien J. Studley |
| Headquarters | New York City |
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Key people
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Mitchell S. Steir, Chairman & CEO Michael D. Colacino, President |
| Website | www |
Savills Studley is a company that represents tenants of commercial real estate. The company is a subsidiary of Savills, a British company.
The company was founded in 1954 by Julien J. Studley.
In December 2002, Mitchell S. Steir led a group of 45 brokers to buy the company from Julien J. Studley.
In March 2010, the company represented General Services Administration in its lease of One Constitution Square.
In February 2011, the company acquired Gravitas Real Estate Resources.
In February 2013, the company was engaged in a legal battle after two of its brokers left the company to join CBRE Group.
In August 2013, the company represented Bechtel in negotiating a 565,916 square foot lease renewal and expansion in Houston, Texas.
In 2014, the company was acquired by Savills for $280 million and the name of the company was changed to Savills Studley.
In June 2015, the company represented the seller in the sale of the St. Gregory Hotel & Suites hotel in Washington, D.C. to Hersha Hospitality Trust for $57 million.
In September 2015, along with CBRE Group and JLL, the company was selected to represent the General Services Administration on negotiating new leases.
In November 2015, the company opened an office in Austin, Texas.
In December 2015, the company acquired Real Facilities, based in Toronto.
In January 2016, the company opened an office in Towson, Maryland.
In February 2017, the company represented Amtrak in negotiating a new lease near Washington Union Station.
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Wikipedia