Office market leader to guide entry into agency leasing and management
business in Texas; joins Avison Young as Principal
HOUSTON, TX, Jan. 20, 2012 /CNW/ - Rand Stephens, Avison Young Principal and Managing Director of the company's Houston office,
announced today that commercial real estate broker Lee Jeane has joined Avison Young's brokerage operations in Houston.
Effective immediately, Jeane joins Avison Young as a Principal and will
lead Avison Young's entry into the agency leasing and management
business in Houston and throughout Texas.
"We are very excited to have someone of Lee's caliber join us to launch
Avison Young's agency leasing and management platform in Houston,"
comments Stephens. "Lee will work closely with Darrell Betts, who runs
our investment sales business, to provide a high level of service for
investors looking to acquire and operate office buildings in Houston
and throughout Texas. Lee has a great track record and tremendous
experience, and his background and professionalism will blend perfectly
with our company's culture."
Jeane, a 28-year veteran of the Houston real estate industry, comes to
Avison Young after three years with Moody Rambin Interests, where he
was a Vice-President in the firm's office services division. Prior to
joining Moody Rambin Interests, Jeane served 16 years with Trammell
With an expertise in representing owners of commercial office buildings
in their lease negotiations, Jeane has been involved in more than 1,300
transactions and secured rental income of more than $600 million. He
was a top performer with Tramell Crow Company/CBRE in five of his last
eight years there.
Past and current clients include Rosemont, Daymark Realty, UBS Realty
Advisors, Prudential Insurance Company, DRA Advisors, MONY, North
Carolina National Bank, Archon Group, Wells Real Estate Funds, TA
Realty Associates, and American National Insurance Company. He has
arranged large tenancies between 215,000 to 550,000 square feet for
such notable companies as Bechtel Corporation, Weatherford
International and Capital One Bank.
Jeane attended Southern Methodist University on a football scholarship
playing for the SMU Mustangs. He is also a member of the National
Association of Industrial and Office Properties (NAIOP), Uptown Houston
Advisory Board, and Greenspoint District Broker Advisory Committee.
"It is very exciting to be part of such a fast-growing company that has
great leadership and the financial resources to become a significant
global company in a short period of time," says Jeane. "As our industry
continues to shift and morph in response to the world's geopolitical
events, Avison Young is incredibly well positioned to offer our clients
creative and innovative value-added solutions. In addition, I'm really
looking forward to working with the Avison Young team in Houston, and
very proud to be part of such a great group."
Jeane's hiring is part of Avison Young's ongoing effort to expand its
U.S. operations further while looking to future growth in Europe and
Asia. Over the past three years, the company has grown from 11 to 26
offices and from 300 to more than 800 real estate professionals across
Canada and the U.S.
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
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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
- Rand Stephens, Principal and Managing Director, Houston, Avison Young: (713) 993-7810
- Lee Jeane, Principal, Avison Young: (713) 993-7830
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