GVA Kidder Mathews Acquires Wayne Mascia Associates
September 21, 2008
GVA Kidder Mathews, the Seattle-based brokerage firm has announced that it is acquiring Santa Clara’s Wayne Mascia Associates. The new firm will be renamed to the ridiculously long GVA Kider Matthews Wayne Mascia.
GVA recently opened a Redwood Shores office and has now made its foray into the south bay through this acquisition. The buy essentially doubles the number of brokers GVA has in the Bay Area.
What will be interesting to see is if brokers from Cornish & Carey’s nearby Santa Clara office will make the jump to the newly formed GVA Kidder Mathews Wayne Mascia office to take advantage of the aggressive commission splits GVA tends to offer its brokers.
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Notable Deals
Tags: Cornish & Carey, GVA Kidder Mathews, Merger, Wayne Mascia Associates
Tags: Cornish & Carey, GVA Kidder Mathews, Merger, Wayne Mascia Associates
As a corporate user of real estate, I’ve never really been impressed with the Wayne Mascia company personally but GVA really only had two choices when it came to buying its way into Silicon Valley. One was Wayne Mascia, and the other was CPS. The other local brokerage firms, BT and Cornish were probably too large for them.
FYI, Mathews is spelled with only one T
thanks - corrected spelling
then I suppose it is funny that the WM web site says “Some things last. We’re one of them”
… guess not