PROVIDENCE – One of the region’s leading full-service commercial real estate brokerage firms is changing hands.
The founding owners of Hayes & Sherry, Pete Hayes and Karl Sherry, announced on Tuesday that the company had been sold to partners Matt Fair, Bill Greene and Dave Lucivero.
Terms of the transaction were not disclosed.
“We love what we do, but now was the time to make this decision and position Hayes & Sherry for a future that builds on the foundation Pete and I have laid over the past three decades,” Sherry said. , who launched the company with Hayes. in 1990. “For our customers and our community, there are no outside changes or disruptions – it’s business as usual as we continue to provide impeccable service to our customers here in Rhode Island and beyond .”
The company has grown its real estate portfolio from 500,000 square feet to nearly 10 million square feet today. Its services include commercial leasing, tenant representation, investment sales, real estate investment analysis, land development, retail consultation and more. Hayes & Sherry’s client list includes FedEx, Citizens Bank, Amazon, Ventas, Wexford, Johnson & Wales University, FM Global, IGT, Chase Bank, CVS, Blue Cross and New York Life.
“Having this opportunity is exciting for all of us – Hayes & Sherry has a rich history and we look forward to writing the next chapter,” said Matt Fair. “As a team, and that absolutely includes Pete and Karl, it’s impossible to overstate the expertise and experience we bring to the table in helping clients capitalize on an ever-changing market. It’s transparent. how we moved forward without missing a beat.
Hayes & Sherry is a member of the Cushman & Wakefield alliance, a leading international commercial real estate services company with more than 50,000 employees in 60 countries.
Want to share this story? Click here to buy a link that allows anyone to read it on any device, subscribed or not.