Data center and mission critical facilities experts join as Principals
CHICAGO, IL, Feb. 13, 2012 /CNW/ - Michael McKiernan, Avison Young Principal and Managing Director of the company's Chicago office,
announced today that data center experts Jim Kerrigan and David Horowitz have joined Avison Young's brokerage operations in Chicago.
Effective immediately, Kerrigan and Horowitz join Avison Young as
Principals and will lead the company's data center specialty efforts.
They will continue to focus on assisting clients in Canada and the U.S.
with their data center space needs.
"The addition of Jim and David to the Avison Young team shows our firm's
continued commitment to client service through superior expertise,"
comments McKiernan. "Clients today are looking for answers to their
business issues - risk management of intellectual property being a
prime example. Jim and David's expertise in mission critical facilities
allows Avison Young's clients to tap into some of the best experience
in America on protecting intellectual capital. For our clients,
downtime could be the difference between solvency and bankruptcy."
He adds: "More than 50% of companies run out of space due to power and
cooling constrictions that could easily be avoided with the proper real
estate strategy. Jim and David understand that the approach to data
center planning has little to do with square footage and everything to
do with the proper planning for racks and kilowatts."
Kerrigan is a 21-year commercial real estate industry veteran while
Horowitz has eight years of data center real estate experience. Both
join Avison Young after spending eight years together at The Staubach
Company, and most recently at Grubb & Ellis where they led the
formation of the Data Center Group.
Past and current clients include: Citigroup Server Central, Dupont
Fabros, Equinix, Fidelity Information Systems, United Airlines,
Servint, Digital Capital Partners, CyrusOne, National Real Estate
Advisors (NEBF), and Teletech.
For more than two decades, Kerrigan has focused on representing
technology-oriented companies. He has assisted developers, financial
institutions, hosting, colocation and telecommunication companies in
meeting their data center space needs since 1998. During the last
several years, he has completed more than 3 million square feet (msf)
worth of data center transactions and worked on more than $150 million
in private equity transactions and $75 million in investor banking
Kerrigan holds a Bachelor's degree in economics from the University of
Illinois. He is a member of the Chicago Office Leasing Brokers
Association (COLBA), and has served as a board member of 7x24 Exchange
(Lake Michigan Region) and Beacon Therapeutic School, a not-for-profit
corporation that promotes the welfare of children with severe emotional
"I am pleased to be joining a forward-thinking company such as Avison
Young, and to be delivering this service option during the company's
unprecedented period of expansion," comments Kerrigan.
He continues: "The consolidation of our competitors into publicly-traded
entities has eliminated options for clients seeking knowledge and
advice from privately-held real estate consultancies. This situation is
exacerbated by a lack of highly-trained and skilled experts who don't
respond to groupthink or the need to respond to publicly-traded
deadlines. A number of Canadian-based companies are looking for logical
data center solutions but have not found the necessary guidance to
solve their problems. We understand client concerns across Canada and
the U.S. and can help create individualized solutions."
Horowitz has successfully completed more than 100 megawatts of data
center transactions during the last eight years, representing some of
the largest technology companies in the world. His specialties include:
site-selection for colocation and wholesale data centers, lease/license
negotiations, acquisitions and dispositions, power and fiber analysis,
strategic planning, financial analysis, and real estate tax analysis.
Horowitz holds a business communications degree from the University of
Kansas and is also a member of the Healthy Schools Campaign finance
committee and a founding member of the Illinois Holocaust Museum.
"To become a Principal in such a dynamic, growing company as Avison
Young represents a significant opportunity for me at this point in my
career," notes Horowitz. "I look forward to continuing to work with Jim
Kerrigan as we leverage the firm's Canadian platform and utilize the
experience of Earl Webb, Avison Young's President, U.S. Operations, to help our clients with
their strategic data center investments across North America."
Founded in 1978, Avison Young is Canada's largest independently-owned
commercial real estate services company. Headquartered in Toronto,
Ontario, Avison Young is also the largest Canadian-owned,
principal-managed commercial real estate brokerage firm in North
America. Comprising more than 800 real estate professionals in 26
offices across Canada and the U.S., the full-service commercial real
estate 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
• Editors/Reporters: please click on links to view and download photos of
Jim Kerrigan and David Horowitz
SOURCE Avison Young (Canada) Inc.
For further information:
For further information/comment/photos:
Sherry Quan, National Director of Communications & Media Relations, Avison Young: (604) 647-5098; cell: (604) 726-0959
Michael McKiernan, Principal and Managing Director, Chicago, Avison Young: (847) 849-1903
Jim Kerrigan, Principal, Avison Young: (312) 273-9480
David Horowitz, Principal, Avison Young: (312) 273-9481
Earl Webb, President, U.S. Operations, Avison Young: (312) 957-7610
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