AGENTS Aston Commercial has acquired Lawson Real Estate’s property management portfolio of more than 200 tenancies and 100 landlords across the industrial, retail and office sectors.
Established in Melbourne’s Mount Waverly, Lawson Real Estate has been managing properties since 1990, providing its services predominantly to industrial property owners in the city’s south-east and eastern Suburbs.
“I am proud of what we have accomplished at Lawson Real Estate over the past 30 years and I am confident that Aston Commercial will continue to provide excellent service to our clients,” said Steve Lawson, founder of Lawson Real Estate.
“It’s been a great journey which could not have been achieved without the incredible input of colleagues and loyal clients over those many years – I thank each and every one of you. Now it’s time for a well-earned break.”
Aston Commercial and its 25 team members based in South Yarra will integrate the portfolio, delivering services including property management and all other services related to leasing and sales to Lawson Real Estate’s clients.
“We are excited to take on this new portfolio and welcome our new clients,” said Fred Nucara and Marc Hayden, joint directors at Aston Commercial.
“We look forward to enhancing the level of the already well-established property management and other services in sales and leasing to ensure the continued growth and performance of these commercial properties.”
With the lion’s share of the portfolio in the industrial sector, with some assets in retail and office, the acquisition will enable Aston Commercial to diversify its operations.