Avison Young Picks Pittsburgh For U.S. Office No. 15
By Barbra Murray, Contributing Editor
There appears to be no end in sight to Toronto, Ont.-based Avison Young’s growth spurt in the U.S. Canada’s largest independent commercial real estate services company just opened its first office in Pittsburgh, Pa., marking the debut of its 15th location in the U.S.
Since embarking on its expansion plan three years ago, Avison Young has been moving full steam ahead. It’s been a busy year for the firm, which has set up shop in several primary and secondary markets across the country. Within the last three months alone, new office have sprouted up in San Francisco; New York City; Charleston, S.C.; Reno, Nev.; Bethesda, Md., in suburban Washington, D.C. And with six more months left in the year, there is more to come.
“I think you’re going to see at least another two East Coast office pretty shortly, and then the last city that’s on our agenda is Denver, between now and the end of the year,” Mark E. Rose, chair and CEO of Avison Young, told Commercial Property Executive. “We’re working on several acquisitions of offices right now. We’re just really busy; we’re taking up appropriately the right amount of time and there will be a number of announcements between now and end of summer.”
Leading of Avison Young’s new Pittsburgh team is George “Duke” Kingsley, who will hold the titles of managing director and principal. Kingsley, an industry player for nearly the last 40 years, comes to the firm from Grubb & Ellis Co., where he served as senior vice president. He will be assisted in his efforts to penetrate the Pittsburgh-area market by principals Bradley Totten and James Kelly. It’s a veritable Grubb & Ellis reunion; like Kingsley, Totten and Kelly both hail from the firm that is newly part of Newmark Grubb Knight Frank. They bring to the table a respective 28 and 35 years of experience.