Chip Ryan, Jim Kornick and Matt Clinebell become Principals;
team to grow Avison Young's capital-markets business in U.S. Capital
WASHINGTON, DC, Nov. 2, 2011 /CNW/ - Keith Lipton, Avison Young Principal and Managing Director of the company's Washington, DC region,
announced today that industry veteran Chip Ryan and his leading investment sales team have joined Avison Young to
further expand the firm's capital-markets business in the U.S. Capital
Effective immediately, Ryan, Jim Kornick and Matt Clinebell join Avison Young as Principals; Adam Roffman joins as a Vice-President; and Cody Wilder as Marketing Coordinator.
The team will be based in the company's Washington, DC office. All five
members were most recently with NorthMarq Capital in Washington, DC.
Ryan, Kornick and Clinebell bring sales, acquisition and financing
capabilities to Avison Young's growing presence in the region. Past and
current clients include Clarion Partners, TA Associates, First Potomac,
BPG, RREEF, Guardian Realty Investors and numerous local
developers/owners. The team's notable transaction list includes Doctors
Community Hospital, Westwood Office, Verizon's Ashburn Campus, 1150
18th Street, N.W., and MetroPark. The group is also the dominant
medical-office-building sales team in the Washington/Baltimore region.
"I am very excited to have Chip and the entire team join us at Avison
Young. They form one of Washington, DC's leading investment sales
teams, and their arrival expands our local ability to advise our
clients on market valuations, sales expertise and disposition
strategies," comments Lipton. "Filling in our investment sales
discipline with proven performers who fit our culture was the next
logical step as we grow in the Washington, DC Metropolitan Area and
strategically develop our full-service platform in the region."
"We are fortunate to have Chip, Jim, Matt and team on board in
Washington to anchor our investment sales and financial business for
the Mid-Atlantic region," says Earl Webb, Avison Young's President, U.S. Operations. "Over the last 30 years,
they have built an impressive roster of clients and business that
aligns extremely well with our existing brokerage professionals. Avison
Young will continue to seek out industry experts and market leaders who
can expand our U.S. footprint and deliver the highest level of advisory
services to our clients."
Over the past two and a half years, Avison Young has grown from 11 to 25
offices and from 300 to more than 800 real estate professionals across
Canada and the U.S.
"Avison Young is executing a national expansion plan in the major U.S.
markets, and we are very excited to be part of the company's growth
plans," says Ryan. "Keith Lipton's success at assembling some of the
region's most recognized and successful broker teams makes this a very
"I find Avison Young to be the most dynamic and fastest-growing real
estate firm in North America, and I am pleased to be continuing my
career at Avison Young and to be a part of building the company's
investment sales service line in the region," adds Kornick. "I look
forward to working with the DC and national team and offering
intelligent solutions to meet our clients' real estate objectives."
Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services
company and the only national, Canadian-owned, principal-managed real
estate brokerage firm in the country. Headquartered in Toronto, Ontario
and ranked among Canada's leading national commercial real estate
organizations, Avison Young is a full-service commercial real estate
company comprising more than 800 real estate professionals in 25
offices across Canada and the U.S. The company provides value-added,
client-centric investment sales, leasing, advisory, management,
financing and mortgage placement services to owners and occupiers of
office, retail, industrial and multi-residential properties.
Prior to joining Avison Young, Chip Ryan served as an Executive Managing
Director, guiding the Washington, DC office, for the NorthMarq
Investment Sales group. He has more than 25 years of experience in the
commercial real estate industry as a broker, developer, investor and
owner of investment properties and commercial real estate service
companies. He has participated in the acquisition, development,
financing, leasing and sale of institutional real estate, including
office buildings, industrial centers and commercial land with an
investment value exceeding $5 billion. The Greater Washington Council
of Commercial Brokers (GWCAR) has annually recognized him as a leading
commercial investment salesperson.
Prior to NorthMarq, Ryan was a partner in Barnes Morris Pardoe & Foster,
a highly respected Washington, DC-based brokerage company that was
acquired by Insignia/ESG (now CBRE). He directed the Virginia office
for nine years and was among the top producers every year, representing
institutions and investors in acquisitions and dispositions.
From 1986 to 1992, Ryan was President of Cambridge Development Company.
There, he specialized in land acquisition, project development,
financing, leasing and investment sales. He directed the land
acquisition for 18 Cambridge project sites and developed more than 2.5
million square feet (msf) of industrial and suburban office properties.
Prior to Cambridge, Ryan was a broker at CB Commercial Real Estate
Services (CBRE). In this role, he specialized in industrial and office
building sales and leasing. During his seven years with CB Commercial,
he received many honors, including the Top Salesman Award for the
Washington Suburban Area, Top Industrial Broker for the Region, and Top
20 Salesmen for CB Commercial in the nation. Over the years, Ryan has
held memberships with the National Association of Industrial and Office
Properties (NAIOP) and Society of Office and Industrial Realtors
(SIOR). He obtained his Bachelor's degree from the University of
Pennsylvania and is a graduate of the Choate School.
James (Jim) Kornick
Jim Kornick has more than 25 years of real estate industry experience as
a broker, developer and investor. As Managing Director at NorthMarq, he
focused on providing investment services for office and medical-office
properties. Prior to joining NorthMarq, Kornick was an investment
broker in the Mid-Atlantic region with two different national real
estate service companies, establishing himself as a leader in the sale
of investment real estate. He won numerous sales awards, including Top
20 Salesman in the nation. His exceptional understanding of local land
use regulatory processes was derived from his tenure as Executive
Director of a Fairfax County, VA economic development corporation and
five years as assistant to a member of the Fairfax County Board of
Supervisors and the Washington Metropolitan Area Transit Authority.
Kornick often serves as a speaker at events held by the Building Owners
and Managers Association (BOMA), NAIOP and other national and local
real estate organizations. He is a member of Northern Virginia and
DC/Maryland NAIOP as well as the Healthcare Real Estate Insights
Editorial Advisory Board. In the community, he is active with the
Alexandria Carpenter's Shelter and is a board member of the Northern
Virginia Democratic Business Council and Past-President of Alexandria
Country Day School.
Kornick obtained his Bachelor of Science degree from Towson University
in Maryland with a concentration in economics and has also done
graduate work at George Washington University.
Matt Clinebell, formerly a Vice-President at NorthMarq Investment
Services, has many years of experience in the commercial real estate
industry, six of which were spent as an investment sales broker. Prior
to joining NorthMarq, he spent three years at Marcus & Millichap where
he focused on office investment sales in the Washington, DC region and
medical-office-building sales nationally. In this short period of time,
he earned the respect of clients and peers alike by selling more than 2
msf of office, industrial and medical office space. Before beginning
his career in the brokerage business, he was an analyst for CoStar.
Clinebell is a member the Urban Land Institute (ULI) and NAIOP. He
obtained his Masters degree in real estate, with a concentration in
capital markets, from Johns Hopkins University. He remains active with
its alumni network, having served as co-Chair of the Carey Business
School Real Estate Forum for two years. He currently serves on the
District of Columbia Building Industry Association's (DCBIA) Leaders in
Development Executive Committee. Clinebell holds a Bachelor of Science
degree in management science and information systems from Pennsylvania
Prior to joining Avison Young, Adam Roffman served as Vice-President at
NorthMarq, providing investment sales services to institutional and
middle-market clients and directing the analytical team. Before joining
NorthMarq in 2008, Roffman was an Associate with the New York
Investment Banking arm of Bank of America where he focused on CDO
structures and strategy. He previously spent a number of years at
Fidelity Investments as a trader of Nasdaq Equities.
Roffman holds an MBA, with a concentration in finance, from New York
University's Stern School of Business as well as a Bachelor of Arts in
economics from Duke University.
Prior to joining Avison Young, Cody Wilder was the marketing coordinator
at NorthMarq Investment Sales for the Washington, DC office. At
NorthMarq, Wilder was responsible for the design and implementation of
marketing materials and online communication, market research and
database management; and provided day-to-day administrative support to
the investment sales team.
Prior to joining NorthMarq, Wilder gained five years of marketing
experience at the Newport News, VA-based North American headquarters of
Liebherr Construction Equipment. While at Liebherr, Wilder designed
national advertising campaigns and was part of a team responsible for
organizing training events and trade exhibition participation. Wilder
holds a Bachelor of Science degree in psychology from Virginia Tech and
is the founder and owner of an online message forum with 200,000-plus
Editors/Reporters: please click on links to view and download head shots
SOURCE Avison Young (Canada) Inc.
For further information:
- Sherry Quan, National Director of Communications & Media Relations, Avison Young: (604) 647-5098; cell: (604) 726-0959
- Keith Lipton, Principal and Managing Director, Washington DC, Avison Young: (202) 266-8763
- Earl Webb, President, U.S. Operations, Avison Young: (847) 881-2237
- Chip Ryan, Principal, Avison Young: (202) 266-8773
- Jim Kornick, Principal, Avison Young: (202) 266-8774
- Matt Clinebell, Principal, Avison Young: (202) 266-8775
- Mark Rose, Chair and CEO, Avison Young: (416) 673-4028
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