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11/13/12
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Avison Young has opened a newly-formed office in downtown Los Angeles, the Canadian-based real estate services firm’s fourth office in the LA area. The move is the latest step in the firm’s aggressive growth and expansion strategy.
Over the past three and a half years, Avison Young has grown from 11 to, now, 41 offices in 33 markets and from 300 to more than 1,100 real estate professionals across Canada and the U.S.
Effective immediately, retail industry veteran Derrick Moore joins Avison Young as a Principal and will be based in the firm’s new Downtown Los Angeles office. He will lead the company’s retail efforts in Downtown L.A., as well as expand the firm’s presence and generate transaction volume in the Downtown market. Moore was most recently a First Vice-President with CBRE in L.A.
Chris Cooper, Avison Young Principal and Managing Director of the Southern California region, will relocate to the new Downtown Los Angeles office from Avison Young’s Los Angeles West office. A 27-year industry veteran, Cooper has spent almost his entire legal and real estate professional careers in Downtown Los Angeles.
Avison Young also just opened offices in Raleigh-Durham, Detroit and South Florida last month, as well as having acquired New Jersey-based project management firm, The Walsh Company, LLC. Since April, the company has also opened new offices in San Francisco, New York, Pittsburgh, Charleston, SC, New Jersey, and a third Los Angeles-area office in Santa Monica.
Avison Young opened its first Los Angeles office in August 2011 with industry veteran Neil Resnick joining as a Principal, followed by a second Los Angeles office in December 2011 through the acquisition of Ramsey-Shilling Commercial Real Estate Services, Inc. In March 2012, industry leader Chris Cooper joined as a Principal and Managing Director of the Southern California region.
In September, Avison Young acquired Starrpoint Commercial Partners, Inc. and opened a third L.A. office in Santa Monica. The new Downtown Los Angeles office, located at 633 West 5th St, will expand Avison Young’s Southern California region to four offices and 37 professionals. Regional research director Connie Hwang will also be relocating to the new office from Avison Young’s Los Angeles West office.
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