Further expanding its reach into the life sciences and tech sector, global real estate advisory firm Savills has acquired T3 Advisors (T3), which will rebrand as T3 Advisors, A Savills Company.
Founded in 2001 and with offices in Boston, Massachusetts; New York City and San Francisco and Palo Alto, California, T3’s approach encompasses both strategy and execution when providing occupiers with real estate and workplace solutions and strategic consulting, advisory and transaction services. Through its Studios, T3 provides opportunities for entrepreneurs to connect with the right resources to build great companies.
“T3’s innovative approach to serving clients in the life sciences and technology communities aligns perfectly with Savills strategic objectives,” said Mitchell E. Rudin, Savills North America chairman and CEO. “We are looking forward to working with T3 across our platform to expand relationships with existing and new clients, building upon the momentum we already have developed, opening six new offices successfully in the past two years.”
Roy Hirshland, CEO and founder of T3 with over 33 years of experience in the sector, will become a vice chairman at Savills. He will continue to lead T3 Advisors and focus on integrating the group’s unique approach to real estate advisory into the global Savills platform. T3 Managing Partners Austin Barrett, David Bergeron and Mark Cote will become executive vice presidents and continue leadership roles with Savills.
“I am passionate about providing our clients and our team with the very best and most innovative platform for success with a true global reach,” Hirshland said. “This is a merger that we have been considering carefully over some time, and I couldn’t be more excited about the next phase of T3’s journey. I am proud to be part of the leadership team as we continue to expand the innovative, unique real estate and workplace services that we provide to clients.”