Leading Canadian commercial real estate firm opens its 32nd U.S. office,
eighth in California; six members join
TORONTO, June 10, 2013 /CNW/ - Mark E. Rose, Chair and CEO of Avison Young, the world's fastest-growing commercial real estate services firm,
announced today the opening of a new office in Sacramento, CA.
The newest American office represents Avison Young's 32nd office outside
of Canada, the company's eighth office in California, and an additional
step in the firm's ongoing aggressive growth and expansion strategy.
Over the past four years, Avison Young has grown from 11 to, now, 47
offices in 38 markets and from 300 to more than 1,200 real estate
professionals across Canada and the U.S.
Effective immediately, Roger Bilstad joins Avison Young as Executive Vice-President, Property Management
Services, Northern California; and Tom McEfee joins as Senior Vice-President, Property Management Services, Northern
California. Bilstad will focus on leading and growing the region's
property and facilities management services while McEfee will head up
Northern California's lease administration and occupier services, and
grow them strategically.
Also joining Avison Young in Sacramento are: Bryce McEfee as property manager; Amanda Russell, accounts manager/senior lease administrator; Kim Holbrook, senior lease administrator; and Ashley Smith, lease administrator. All six members were most recently with Colliers
"Opening a Sacramento office is another strategic move for Avison Young
to become a dominant player in the Bay Area commercial real estate
market," comments Rose. "The entirety of the Western U.S. region is a
vast real estate market and a focal point for many of our investor and
occupier clients. We couldn't be more pleased to have Roger Bilstad on
board, along with Bryce McEfee, to grow our property management
services team. The addition of Tom, Amanda, Kim and Ashley will
catapult Avison Young's Northern California region into a leading
corporate services market. True to our holistic approach to business
and our clients, our lease administration team will provide an
extension of our clients' internal real estate teams to ensure our
clients' businesses are running smoothly."
Rose continues: "Having Roger, Tom and team join Avison Young expands
the depth of our capabilities and is aligned with our focus on creating
a culture of collaboration to ensure we are able to provide the highest
quality of service to our clients."
Effective immediately, Avison Young's new Sacramento office is located
at Park Tower, 980 9th Street, Suite 350, Sacramento.
"Sacramento is a key market as we expand our business in Northern
California. Besides being the hub of state government, Sacramento is
also home to some of our key West Coast clients," notes Earl Webb, Avison Young's President, U.S. Operations. "Roger brings a wealth of
management experience and a number of excellent client relationships to
Avison Young, and along with Tom McEfee and the team will anchor our
growing presence there as well as augment our growing team in downtown
Avison Young opened its first Northern California office in April 2012
in San Francisco, with Nick Slonek joining as a Principal and Managing Director of the Northern California
region. He will continue to provide oversight for Sacramento and the
Northern California region.
Avison Young opened its first Southern California office in Los Angeles
in August 2011, followed by a second L.A. office in December 2011
through the acquisition of Ramsey-Shilling Commercial Real Estate
Services, Inc. In March 2012, industry leader Chris Cooper joined as a
Principal and Managing Director of the Southern California region. In
September 2012, Avison Young acquired Starrpoint Commercial Partners,
Inc. and opened a third L.A. office in Santa Monica. In November 2012,
Avison Young opened its fourth L.A. office in Downtown L.A., followed
that same month by a new office in Irvine, CA. Avison Young opened its
San Diego office in March 2013.
"The Sacramento office, which represents our third office in the
Northwest U.S. region after San Francisco and Denver, provides a
low-cost occupancy solution for our property management and lease
administration businesses," says Slonek. "Obviously, we will be passing
along those savings to our valued clients. While the Sacramento
commercial real estate market has been underperforming for the past
three years, we feel that now is the right time to capitalize on what
is a very exciting time for our state's capital. What Kevin Johnson did
for Sacramento, by keeping the Kings' NBA franchise in place, will have
tremendous upside for the community and for commercial real estate."
Slonek adds: "We are very excited to be growing our real estate business
in Sacramento and the surrounding areas, and are in discussions with
several other top producers. Being natives of the area, Roger and Tom
will make it much easier to attract top-tier talent. Many brokers seem
frustrated by the competitive silos of public companies. Avison Young's
positive balance sheet, Principal-led culture and progressive strategy
are resonating well with brokers."
Bilstad says he chose Avison Young over several other competitors.
"I had the opportunity to discuss several senior positions with regional
and national firms, and I concluded that Avison Young's platform
provided the most value to the market place through its clients-first
focus," says Bilstad. "Avison Young presented the unique opportunity to
be involved with professionals who embrace this client-centric
approach. We have begun recruiting established real estate management
professionals and we look forward to proving ourselves on the toughest
Adds McEfee: "It is refreshing to join a dynamic, fast-moving,
team-centric business that wraps itself around clients' requirements.
Although Avison Young is new to our market, the team comprises local,
proven experts in their field."
Sacramento is the capital of the State of California and the county seat
of Sacramento County. Located in California's expansive Central Valley,
Sacramento is the seventh most populous city in California. It is also
the core cultural and economic engine of a four-county metropolitan
area exceeding 2.1 million residents (El Dorado, Placer, Sacramento and
Yolo counties). The Sacramento Metropolitan Area is the largest in the
Central Valley and the fourth-largest in the state. Greater Sacramento
has been cited as one of the five most livable regions in America. The
city's economy is broadly based although government is by far the
largest employer with 25% of California's 471,000 government employees.
Transportation is a large sector along with information technology,
leisure and hospitality, professional and business services, higher
education, health services and research, and construction.
Roger A. Bilstad
Roger Bilstad brings to Avison Young proven skills and leadership as a
former Principal and President of The Huntington Group and as a Senior
Vice-President with Colliers International after his firm was sold to
Colliers. Bilstad directed and developed various business lines,
including property management, facilities management, lease
administration, general contracting, engineering services,
project/construction management and consulting. Bilstad has extensive
experience with large institutional properties, private capital and
government clients. In addition, he sat on Colliers' national
leadership team and held market leadership roles in various cities,
including Sacramento, San Francisco, Portland and Detroit. A Certified
Property Manager, Bilstad holds a Bachelor of Arts in education from
California State University, Sacramento, and is a member of the
Building Owners and Managers Association (BOMA).
Prior to joining Avison Young, Tom McEfee worked for Colliers
International in the areas of property management, facilities
management and agency/tenant leasing. During the past five years, he
was national director of lease administration services. At Avison
Young, McEfee will maintain the Sutter Health account and leverage his
team's expertise and experience into more business. A Certified
Property Manager, McEfee holds a Bachelor of Science in business
administration and land use and economics from California State
University, Sacramento. He is a member of the International Council of
Shopping Centers (ICSC) and National Retailer Tenants Association.
Avison Young is the world's fastest-growing commercial real estate
services firm. Headquartered in Toronto, Canada, Avison Young is a
collaborative, global firm owned and operated by its principals.
Founded in 1978, the company comprises 1,200 real estate professionals
in 47 offices, providing value-added, client-centric investment sales,
leasing, advisory, management, financing and mortgage placement
services to owners and occupiers of office, retail, industrial and
For further information/comment/photos:
• Sherry Quan, National Director of Communications & Media Relations, Avison Young: 604.647.5098; mobile: 604.726.0959
• Mark Rose, Chair and CEO, Avison Young: 416.673.4028
• Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610
• Nick Slonek, Principal and Managing Director, Northern California, Avison Young: 415.710.0233
• Roger Bilstad, Executive Vice-President, Property Management Services, Northern California, Avison Young: 916.426.3582 or 415.322.5062
• Tom McEfee, Senior Vice-President, Property Management Services, Northern
California, Avison Young: 415.322.5051
Avison Young's new Sacramento, California office is located at: Park
Tower, 980 9th Street, Suite 350, Sacramento, CA, 95814, 916.426-3773
Avison Young was a winner of Canada's Best Managed Companies program in 2011 and requalified in 2012 to maintain its status as a
Best Managed company.
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• Editors/Reporters: please click on links to view and download photos
of Roger Bilstad and Tom McEfee
SOURCE: Avison Young Commercial Real Estate (BC)
For further information:
604.647.5098 or 604.726.0959