Michael McKiernan joins Avison Young as Principal and Managing Director of Chicago operations

    TORONTO, June 29 /CNW/ - Mark E. Rose, Chair and CEO of Avison Young,
announced today the appointment of commercial real estate veteran Michael
McKiernan as Principal and Managing Director of Avison Young-Chicago. Avison
Young, Canada's largest independently-owned commercial real estate services
company, opened its first U.S. office in Chicago in January 2009.
    McKiernan comes from Cushman & Wakefield (C&W) where he was most recently
Executive Managing Director for the Chicago offices and Director of Industrial
    Effective immediately, McKiernan will oversee the Chicago region, with
responsibility for the overall management of Avison Young's Chicago office,
recruitment of additional professionals, and direct client service.
    "We are excited that Michael has chosen to join the management team at
Avison Young. He is a results-oriented individual and his professional
business profile and strong sales and management background will be
instrumental in the success of the company's real estate activities in the
Chicago marketplace," comments Rose. "The Chicago office marked Avison Young's
first location outside of Canada, and the appointment of Michael represents
another step in the company's expansion strategy to continually add new
dimensions and resources to the company and to grow beyond Canadian borders.
Our goal is to continue providing first-rate services to our clients by
recruiting the best in our business."
    "I am looking forward to working with the national management team and
the successful real estate group in Chicago, and to further grow Avison
Young's presence in the Chicago and global marketplace," says McKiernan. "I am
very impressed by Mark Rose's vision for global expansion and his focus on a
differentiated client service model. The company and its brand are
well-positioned for accelerated growth, and I am pleased to have the
opportunity to be a Principal in a private company that has a strong ownership
structure, a continuing growth agenda and an enviable track record of
providing quality real estate services."
    Between 2002-2006 and 2008-2009, McKiernan was Executive Managing
Director and Branch Manager for the Chicago offices at C&W. He also served as
Director of Industrial Brokerage-Americas from 2007-2009. As market manager,
McKiernan oversaw the day-to-day management and operations of the Chicago
offices and was a partner in leading the regional Midwest initiatives for C&W.
As leader of the Industrial Services practice, he had the responsibility to
grow C&W's $125-million Industrial group, ensure its quality of performance
and work with C&W's Industrial Brokerage clients throughout North and South
    Prior to joining C&W, McKiernan served on the corporate staff of Grubb &
Ellis as President of its Eastern Region with responsibility for $300 million
in revenue and 28 profit centers. Prior to his Eastern Regional
responsibilities, he was Executive VP and Area Manager of the Great Lakes
Region, where total annual revenues exceeded $56 million.
    Having begun his real estate career in 1989 as an industrial broker with
Grubb & Ellis, McKiernan subsequently became Sales Manager of the
Chicago/O'Hare offices. As an industrial real estate specialist, he
represented major corporations and facilities, with transaction activity
ranging from 20,000 to 1.8 million square feet. Under his direction, the
Chicago/O'Hare operation became Grubb & Ellis' most successful U.S. office.
    Mr. McKiernan earned a BS in Communications Studies from Northwestern
University and, prior to entering the commercial real estate field, his career
was in the publishing industry. His positions included Regional Account
Manager for Time magazine, Midwest Advertising Director for Advertising Age
magazine and Account Executive with the Chicago Tribune Company. He is a
member of the Urban Land Institute, CoreNet, National Association of
Industrial and Office Properties (NAIOP), Council of Supply Chain Management
Professionals (CSCMP), the Commercial Advisory Board and the National
Association of Realtors.

    Founded in 1978, Avison Young is Canada's largest independently-owned
commercial real estate services company and the only national, Canadian-owned,
principal-managed real estate brokerage firm in the country. Headquartered in
Toronto, Ontario and ranked among Canada's leading national commercial real
estate organizations, Avison Young is a full-service commercial real estate
company comprising more than 500 real estate professionals in 12 offices
across Canada and in Chicago, IL. The company provides value-added,
client-centric investment sales, leasing, advisory, management and financial
services to owners and users of commercial, industrial and multi-residential
real estate properties.


    -   Photos of Michael McKiernan for Media use:
    If you are unable to open the links, please contact Sherry Quan for jpeg
    attachments to be emailed. Thank you.

    For further information/comment/photos:
    -   Sherry Quan, Director of Corporate Communications (B.C.), Avison
        Young: (604) 647-5098 or (604) 726-0959 (cell)

    -   Mark Rose, Chair and CEO, Avison Young: (416) 673-4028

    -   Michael McKiernan, Managing Director, Avison Young-Chicago: (847)

For further information:

For further information: Media Relations: Sherry Quan, (604) 647-5098 or
(604) 726-0959, email: squan@ay-bc.com

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