Avison Young to go south of the border

Top Canadian commercial real estate firm Avison Young has announced the opening of its first New Jersey offices.

With the company’s third business centre opening in Los Angeles only last week, yesterday’s announcement indicates a strategically aggressive growth plan, becoming the company’s 16^th commercial space to open outside of Canada in recent years.

Since 2009, Avison Young has opened 23 new sites, with an active presence in 30 markets including New York, San Francisco, Pittsburgh, and Charleston, South Carolina.

Earl Webb, Avison Young's President of U.S. Operations, said: "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.

Arthur J. Mirante, II, Avison Young Principal and Tri-State President, added: “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."

26 year commercial real estate veteran Jeffrey L. Heller has been earmarked as Principal and Managing Director of the New Jersey office, with the aim of expanding the presence of Avison Young within the state, as well as servicing new and existing clients.

CEO of Avison Young, Mark E. Rose, cited the state’s unique qualities as the reason behind the current expansion, saying: "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."

In February, Avison Young was amongst a select group of winners of Canada's 50 Best Managed Companies, voted for by key representatives of such industry leaders as Deloitte, CIBC, National Post and Queen's School of Business.

Yesterday’s move suggests an increased market readiness, alongside a successful business strategy, as entrepreneurs and corporations alike recognize the value and flexibility that serviced office space can provide. With a portfolio of over 7,000 global business centres, executives need look no further than Search Office Space for their commercial office needs.