The chairman and chief executive officer of Avison Young, Mark E Rose, announced last week that the company had expanded its operations into the state of Florida. 30 members from Flagler Real Estate Services, the leading property management and brokerage company in South Florida, will join Avison Young, which is the biggest independently owned commercial real estate services firm in Canada, forming the nucleus for the latter’s entry into the commercial real estate markets of the Sunshine State.
The move is a further expansion of the firm’s market coverage in the southeast of the United States. Avison Young’s brand new Florida headquarters will be located in Fort Lauderdale, with branch offices situated in Miami and Boca Raton.
These new offices are a collective representation of the company’s 17th market outside of Canada, as well as a further step in its aggressive expansion and growth strategy. Over the course of the last three and a half years, the firm has expanded from 11 offices in 31 markets to 37, and from just 300 to over 1,000 real estate professionals located across the United States and Canada. The expansion also adds a further 3.4 million square feet to the company’s property management portfolio, which brings its total square feet under management to around 50 million square feet.
Rowley, the former president of FRES, has now become the managing director of the Florida region for Avison Young. He will be focusing on the development and growth of the firm’s presence throughout the whole of the state of Florida, in addition to servicing both existing and new clients and being responsible for managing the day-to-day operations of the offices in South Florida.
