TORONTO, June 19 /CNW/ - Commercial real estate leader Avison Young today
announced the appointment of Mark E. Rose to the newly created position of
Chief Executive Officer, effective immediately. Rose most recently served as
Chief Executive Officer of Grubb & Ellis Company (NYSE: GBE) and previously, as
Chief Operating Officer and Chief Financial Officer of the Americas with Jones
Lang LaSalle (NYSE: JLL).
The appointment of Mr. Rose follows a comprehensive review by Avison
Young's National Committee, comprising Bob Levine in Vancouver, Tod Hughes in
Calgary and Robin White in Toronto.
"Mark's extensive real estate and capital markets experience, as well as
his proven strategic leadership skills, make him ideally suited to head our
organization as we embark on an accelerated growth strategy," said Bob Levine.
"Avison Young has achieved substantial success for its partners and
clients in Canada. The timing is right to begin to build our presence in key
global markets as well as add to our service offerings. Mark's financial
background and management experience in global real estate firms will
complement our existing executive talent and expedite the expansion of our
services to current and new clients," added Tod Hughes.
Rose, 44, joined Grubb & Ellis Company in March 2005, and oversaw
significant enhancement of the commercial real estate service provider's
market presence, products and service lines, as well as its relisting on the
New York Stock Exchange and the completion of its merger with NNN Realty
Advisors in December 2007. He previously spent nearly 12 years at Jones Lang
LaSalle and its predecessor firms. As Chief Operating Officer and Chief
Financial Officer of the Americas he was responsible for the firm's operations
throughout North America, including Canada. Prior to Jones Lang LaSalle, he
was Chairman and Chief Executive Officer of the U.S. Real Estate Investment
Trust of the British Coal Corporation Pension Funds. Rose will be based at the
Company's Toronto headquarters.
"Avison Young is in an excellent position to capitalize on emerging
trends in global real estate," said Rose. "In addition to reinforcing our
strength in Canadian commercial real estate, I look forward to helping
position the company for both domestic and international growth."
"We are very excited to have Mark take our organization to the next
level," said Robin White. "We look forward to working with Mark and leveraging
his market knowledge to identify unique opportunities for growth," he added.
Avison Young, one of Canada's leading commercial real estate services
organizations, is a partner-owned company comprised of more than 300 real
estate professionals across Canada. Formed in 1996 through the union of Graeme
Young & Associates of Alberta and Avison & Associates of Toronto and
Vancouver, the company has grown to include eleven offices across Canada.
Avison Young has been an alliance partner of U.S. based Grubb & Ellis Company
Rose holds a bachelor's degree from Queens College of the City University
of New York and is a Certified Public Accountant. He is a member of CoreNet,
the International Council of Shopping Centers, and the RealComm Advisory
Board. He serves on the boards of the Chicago Shakespeare Theater and Chicago
Botanic Garden, and is a Trustee of Queens College Foundation, City University
of New York.
Mr. Rose will additionally serve as Chief Financial Officer at Avison
About Avison Young
With operations in Vancouver, Edmonton, Calgary, Regina, Winnipeg,
Mississauga, Toronto, Ottawa, Montréal, Quebec City and Halifax, Avison Young
ranks among Canada's leading national commercial real estate organizations.
The firm provides value-added, client-centric investment sales, leasing,
advisory, management and financial services to owners and users of commercial,
industrial and multi-residential real estate properties.
For further information:
For further information: Jamie Jo Alton, NATIONAL Public Relations,
(416) 848-1370, firstname.lastname@example.org