Leading Canadian commercial real estate firm continues its aggressive
expansion in U.S. by opening 16th location outside Canada; Jeffrey L.
Heller becomes Principal and Managing Director, New Jersey
TORONTO, Sept. 18, 2012 /CNW/ - Mark E. Rose, Chair and CEO of Avison Young, Canada's largest independently-owned commercial real estate services
company, announced today the opening of its first New Jersey office to
further grow the firm's presence and business-line coverage throughout
the Tri-State area.
The newest American office marks Avison Young's 16th location outside of
Canada and an additional step in the firm's aggressive growth and
Over the past three years, Avison Young has grown from 11 to, now, 34
offices in 30 markets and from 300 to more than 950 real estate
professionals across Canada and the U.S.
Effective immediately, Jeffrey L. Heller joins Avison Young as a Principal and Managing Director of the New
Jersey office. A 26-year commercial real estate industry veteran,
Heller will focus on overseeing the growth and development of Avison
Young's presence in New Jersey, as well as servicing new and existing
clients and managing the day-to-day operations of the office. He was
most recently an Executive Vice-President at CBRE in New Jersey.
"The opening of our first office in New Jersey is an important part of
our strategy to establish a strong presence in key markets throughout
the U.S.," comments Rose. "One of the largest office and industrial
markets in the country, New Jersey presents significant opportunities
to effectively introduce Avison Young's differentiated approach to
principal-led client service."
Rose continues: "Jeff Heller has an established track record and
high-quality reputation in the local market and, with his leadership,
we are strongly positioned to gain market share in New Jersey as we
look to aggressively deepen our bench and further expand our industry
Earl Webb, Avison Young's President, U.S. Operations, states: "Following the
successful establishment earlier this year of our New York City office,
this latest announcement reflects the definitive strategy we have for
the creation of a strong Tri-State market presence. We look forward to
the contributions Jeff will make to our organization, and are confident
that his expert knowledge of the local market will lay a strong
foundation for Avison Young's growth in New Jersey."
Today's announcement comes on the heels of Avison Young opening its
third Los Angeles office last week as a result of the firm's
acquisition of Los Angeles-based Starrpoint Commercial Partners, Inc.
"There are significant synergies between the New York and New Jersey
markets, and we are very pleased to be moving forward on our plans to
strategically expand our Tri-State footprint," notes Arthur J. Mirante, II, Avison Young Principal and Tri-State President. "A strong New Jersey
presence will play a key role in further developing our client
relationships throughout the New York Metropolitan Area, and having
Jeff on board, with his deep understanding of local market fundamentals
and dynamics, will provide us with a competitive advantage in
continuing to build on the momentum already established."
With the opening of new Avison Young offices in New York, San Francisco,
Pittsburgh, and Charleston, South Carolina in the last few months, and
the continued growth of the firm's offices in Los Angeles and other key
markets, the company is establishing its local corporate infrastructure
through the assemblage of a hand-selected team of the industry's
leading professionals. Recruiting efforts are focused on Avison Young's
core business lines, including capital markets/investment sales, asset
management, transaction management, leasing, project/construction
management, property management, and consulting and advisory services.
Adds Greg Kraut, Avison Young Principal and Managing Director of the New York City
office: "A proven leader, Jeff is a top producer who employs a
sophisticated approach to his business process that is highly
compatible to Avison Young's client-centric service model. As we
continue to grow throughout the region, we are enhancing our
intellectual capital and resource capabilities in order to provide
high-level solutions and results."
A top-producer at CBRE, Heller has served as a regarded advisor and
agent to a high-profile list of corporations and investors on a local,
regional, national and international basis. With extensive multi-market
experience representing clients in the acquisition and disposition of
corporate facilities, agency representation, lease negotiations and
financial analysis, he has consummated more than 200 transactions with
a net aggregate value in excess of $750 million over the past five
years. Before joining CBRE, Heller served as an Executive Director in
the New Jersey office of Cushman & Wakefield for 15 years.
"I have been impressed by the talent Avison Young is assembling in the
Tri-State area and throughout the country, and by the quality of the
firm's leadership in Mark Rose, Earl Webb and Arthur Mirante -
respected industry executives who have forged accomplished careers and
reputations for their ability to build organizations focused on
fostering an entrepreneurial and collaborative culture to achieve
excellence," states Heller.
"Having been fortunate in my career to have had the opportunity to work
with a wide variety of top-tier companies locally, as well as
nationally and internationally, I am excited to join Avison Young in a
management role, while leveraging the firm's extensive national and
international platform to deliver the highest-quality services to our
clients," he says.
A member of SIOR, Heller has been recognized with numerous awards and
designations, including the prestigious Colbert Coldwell Circle Award
from CBRE, which recognizes excellence for top production. He is also a
recipient of both the CoStar Power Broker award and the Partnership in
Economic Development Broker of the Year award.
Heller holds a Bachelor of Arts degree from Kenyon College in Ohio. He
has served as a member of the Development Board for Family Services of
Morris County, as well as on the board of trustees for both the
Colonial Symphony and the New York/New Jersey Metropolitan MS Society.
Centrally located along the East Coast, New Jersey is the most densely
populated state and boasts the largest warehouse and distribution
market (and one of the largest office markets) in the country. The Port
of New York and New Jersey is the third largest port market in the U.S.
and is the driver of significant space demand throughout the Garden
State. Known for its concentration of pharmaceutical giants, as well as
its role as an important secondary market for New York City's financial
sector, New Jersey offers extensive highway infrastructure and one of
the mostly highly trained workforces in the U.S.
In February, Avison Young was named a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and Queen's School of Business.
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 950 real estate professionals in 34
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 link to view and download photo of
Jeffrey L. Heller
For further information/comment/photos:
New York Media Relations:
• Emily Dell, Account Supervisor, Beckerman PR: (201) 465-8008
• Elliot Baum, Principal and Vice-President of Marketing, New York, Avison Young: (212) 729-7465
Avison Young Media Relations:
• Sherry Quan, National Director of Communications & Media Relations, Avison Young:
(604) 647-5098; cell: (604) 726-0959
• Mark Rose, Chair and CEO, Avison Young: (416) 673-4028
• Earl Webb, President, U.S. Operations, Avison Young: (312) 957-7610
Avison Young is a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and
Queen's School of Business
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For industry news, press releases and market reports: www.twitter.com/avisonyoung
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SOURCE: Avison Young (Canada) Inc.
For further information:
Emily Dell, Beckerman PR
(201) 465-8008; (732) 589-0757 cell
Sherry Quan, Avison Young
(604) 647-5098; (604) 726-0959 cell