Industry leader Steve Prozinski joins Avison Young in Boston

Property management and accounting specialist becomes Principal

BOSTON, Oct. 28, 2013 /CNW/ - Rick Kimball, Avison Young Principal and Managing Director of the company's Boston office, announced today that leading commercial real estate industry veteran Steve Prozinski has joined Avison Young in Boston.

Prozinski, a property management and accounting specialist, joins Avison Young as a Principal and Director of Property Management Services, Boston region. He will manage the company's 5.4 million square feet of properties in New England and the Mid-Atlantic region, and oversee the daily operations of the region's growing property management division, which comprises 22 members. He will also work with the local brokerage team on accounting and forecasting.

"Steve and his team will broaden Avison Young's depth and service delivery in New England," comments Kimball. "It is always great to partner with a group of professionals who have shared years of experience working together. We are excited by any opportunity to continue adding this level of talent to our region and to the company as a whole.

"We have now grown our New England presence to 55 employees in less than three years. Based upon the arrival of Steve, we fully expect to grow our property management portfolio to top-three status among New England-based, third-party providers."

Prozinski brings 24 years of experience to Avison Young in property management, accounting, corporate management and brokerage. During his career, he has represented many local and institutional clients within property management. Prozinski started his career as an accountant for local real estate firms, including Whittier Partners, in 1989. He became the controller of Meredith Grew in 1993 before moving in 1999 to The Codman Company, where he became President. In 2008, the principals of Codman sold to Newmark Knight Frank, where Prozinski served as Managing Principal of the Boston office until 2013.

Prozinski has earned several personal and industry honors during his career, including Whitehall Street/JE Roberts Company's Exceptional Performance in Property Management Award, and Whittier Partners' Financial Employee of the Year Award. He holds a Bachelor of Science degree in accounting from Montana College of Mineral Science and serves on the board of directors of the Boston chapter of the Business Owners and Managers Association (BOMA). He is also active in his community of Ashland, MA serving on the boards of the Clocker Club, an organization that provides volunteer and financial support for high school sports programs, as well as Friends of Ashland Football and Lacrosse.

"I joined Avison Young to have the ability to work with my colleagues as partners, and to be collaborative across services lines and assist in further growing this company," says Prozinski. "Specifically to property management, I wanted the ability to grow our business and be able to properly service our longstanding clients with our local resources and expertise."

Over the past four-and-a-half years, Avison Young has grown from 11 to 53 offices and from 300 to more than 1,300 real estate professionals across Canada and the U.S.

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 1,300 real estate professionals in 53 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 multi-family properties.

For further information/comment/photos:

• Sherry Quan, Nat'l Director of Communications & Media Relations, Avison Young:
604.647-5098; cell: 604.726.0959

• Rick Kimball, Principal and Managing Director, Boston, Avison Young: 617.758.8271

• Steve Prozinski, Principal, Avison Young: 617.366.1003

www.avisonyoung.com

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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http://www.avisonyoung.com/sites/default/files/content-files/Media_Room/Temp/SteveProzinski.jpg

SOURCE: Avison Young Commercial Real Estate (BC)

For further information:

Contact:
Sherry Quan
604.647.5098; cell: 604.726.0959
[e-mail]