Allegro Real Estate Brokers & Advisors Acquires Winwood Properties
FOR IMMEDIATE RELEASE
Allegro Real Estate Brokers & Advisors Announces Acquisition of Winwood Properties, Expanding Service Offerings and Strengthening Market Presence
Cleveland, OH – November 8, 2024 – Allegro Real Estate Brokers & Advisors, a global commercial real estate brokerage and advisory firm, is pleased to announce the acquisition of Winwood Properties, a well-established property management company with a reputation for excellence in client services. This strategic move aims to diversify Allegro's service portfolio to a new client segment while ensuring that Winwood's clients continue to receive exceptional care and expertise.
Founded in 2001, Allegro has earned a strong reputation in real estate transaction advisory services, consulting, facility management, and project management services, primarily serving occupiers of office and industrial properties. With the acquisition of Winwood Properties, Allegro will now expand its service capabilities to include property management and related services in the multi-family residential sector, leveraging its existing capabilities.
"We are thrilled to welcome Winwood Properties into the Allegro family," said Michael Cantor, President and Chairman of Allegro. "This acquisition supports our mission to diversify and strengthen our services, and we believe that Winwood's deep expertise in property management will enhance the value we provide to an expanded set of clients.”
“Our goal is to ensure seamless integration while delivering the same high standard of service that Winwood's clients have come to expect,” said Damon Taseff, CEO of Allegro. “At the same time, we are preserving our conflict-free approach to services for our occupier clients in the office and industrial sectors."
Established in 2002, Winwood Properties, recognized for its personalized approach to property management, shares Allegro's commitment to integrity and client satisfaction. With this transition, Martin Davidson, President and Founder of Winwood, expressed confidence in the acquisition, noting the synergies between the two companies and the mutual benefits for their clients.
"Transferring our business to Allegro was a natural fit," said Davidson. "We were looking for a firm that shared our dedication to putting clients first, and we found that in Allegro. I look forward to continuing to grow this new practice area at Allegro. I’m confident that our clients will continue to receive excellent care, and our team is excited for this new chapter."
The acquisition is part of Allegro's broader strategy to position itself as a multi-faceted commercial real estate services firm. Allegro will retain Winwood’s talented team under Davidson’s guidance, ensuring continuity in service and relationships for existing clients, while benefiting from Allegro’s expanded resources and diverse expertise.
About Allegro Real Estate Brokers & Advisors
Allegro Real Estate Brokers & Advisors is a leading real estate advisory firm headquartered in Cleveland with an office in Columbus, Ohio, specializing in corporate real estate, transaction advisory, real estate consulting, and asset management services. With a reputation for delivering results and providing expert guidance to its clients, Allegro continues to innovate and expand its offerings to meet evolving market needs.
About Winwood Properties
Winwood Properties is a Cleveland-based property management company known for its personalized, high-touch services. They have managed over 2,000 residential and multifamily units along with retail properties throughout northeastern Ohio. For over two decades, Winwood Properties has provided property management solutions, across residential and commercial sectors, to local, national and international clients earning their trust and loyalty through its dedication to service excellence.
Media Contact: Damon Taseff, CEO
Allegro Real Estate Brokers & Advisors
Phone: (216) 965-0622
Email: dtaseff@allegrorealty.com.
Website: www.allegrorealty.com
