Avison Young opens new office in Denver, 11 members join

           Avison Young opens new office in Denver, 11 members join

PR Newswire

TORONTO, Dec. 3, 2012

Leading Canadian commercial real estate firm opens its 21st location outside
Alec Wynne and Justin Rayburn become Principals, Phil Ruschmeyer joins as
Senior VP

TORONTO, Dec. 3, 2012  /PRNewswire/ - Mark  E. Rose, Chair  and CEO of  Avison 
Young, Canada's largest  independently-owned commercial  real estate  services 
company, announced  today the  opening  of a  newly-formed office  in  Denver, 

The newest American office marks Avison Young's 21st market outside of  Canada 
and an additional step in the  firm's ongoing aggressive growth and  expansion 

Over the past three and a half years, Avison Young has grown from 11 to,  now, 
43 offices  in  35  markets and  from  300  to more  than  1,100  real  estate 
professionals across Canada and the U.S.

Effective immediately, Alec Wynne joins  as a Principal and Managing  Director 
of the Denver office; Justin Rayburn joins as a Principal; and Phil Ruschmeyer
as a Senior Vice-President in Denver.

Wynne will,  along  with Nick  Slonek,  Avison Young  Principal  and  Managing 
Director, Northern  California  region, focus  on  overseeing the  growth  and 
development of Avison  Young's presence  in Denver.  Additionally, Wynne  will 
continue to attract new relationships, service existing clients and manage the
day-to-day operations of the office.

Wynne and Rayburn were most recently  with iCG Denver, LLC (doing business  as 
iCORE  Global)  ―  a  full-service  real  estate  company  focused  on  tenant 
representation for office, retail and industrial asset classes.

A 33-year real estate industry veteran, Ruschmeyer was formerly President  and 
CEO of Denver-based The Ruschmeyer Corporation, a privately-held  full-service 
brokerage firm  specializing in  tenant and  landlord representation,  capital 
procurement, and advisory and consultation services. Ruschmeyer will focus  on 
landlord and tenant representation at Avison Young.

Also joining Avison Young from iCG  Denver are: Charlie Lodge, Howard  Schmidt 
and Lowrey Burnett as Vice-Presidents in Denver; Jeff Daily and Britteni  Rice 
as Associates; and Jicelyn Johnson as Office Manager.

Also joining Avison Young from  The Ruschmeyer Corporation are: Ross  Ethridge 
as an Associate and Katie Nobel as Sales and Marketing Specialist.

"Denver is a  market that Avison  Young has had  a keen interest  in since  we 
launched our U.S. growth strategy in late 2008," comments Rose. "The city is a
key link in the chain of energy markets that extends from Western Canada  down 
to Houston, and our company has numerous U.S. and Canadian clients who have  a 
growing presence in Denver."

Rose continues:  "Alec Wynne,  Justin  Rayburn and  Phil Ruschmeyer  are  very 
experienced brokers who have worked for both large firms as well as their  own 
respective smaller  firm,  and have  a  well-grounded knowledge  of  both  the 
occupier and investor requirements in  Denver and its surrounding  submarkets. 
The addition of these teams underscores our commitment to serving  communities 
and clients across the nation,  and we couldn't be  more pleased to have  this 
group on board."

Today's announcement comes on the heels  of Avison Young opening an office  in 
Irvine, CA two weeks ago. To date in 2012, Avison Young has opened new offices
in Reno,  NV; Bethesda,  MD; San  Francisco, New  York City,  Charleston,  SC; 
Pittsburgh, New  Jersey, South  Florida, Detroit,  Raleigh-Durham, Irvine  and 
Denver. The firm also acquired  Maryland-based Realty Management Company,  Las 
Vegas-based Landry  &  Associates,  Los  Angeles-based  Starrpoint  Commercial 
Partners, Inc., New Jersey-based The Walsh Company, LLC, and Raleigh, NC-based
Thomas Linderman Graham Inc. in 2012.

Earl Webb, Avison Young's President, U.S. Operations, states: "Phil, Alec  and 
Justin will form the foundation of a broad-based business for Avison Young  in 
Denver, and we are hopeful of bringing  a number of other key contributors  to 
the firm in the  near future in  order to round  out our service  capabilities 

He adds: "Alec, Justin,  Phil and their respective  teams are highly  regarded 
real   estate   professionals   with   some   significant   long-term   client 
relationships. Moreover,  their  strong  work  ethics  have  earned  them  the 
opportunity to  work with  some of  the world's  largest companies,  including 
Western Union, Oracle USA,  Inc., AIMCO, Janus  Funds, IKON Office  Solutions, 
Siemens, ADP, CNA Insurance, Galileo  International, Sherman & Howard  L.L.C., 
Denver Newspaper Agency,  Environmental Protection  Agency, TIAA-CREF,  Fiserv 
Investment, Merrill Lynch, AT&T, Encana  Corporation, U.S. Bank, and  Teletek. 
We are thrilled that these 11 professionals  have chosen to join us in  Denver 
to help build Avison Young's business there."

Effective immediately, Avison  Young's new  Denver office will  be located  at 
7000 East Belleview Avenue, #301, Greenwood Village, Colorado. The Denver team
is currently pursuing a downtown office location, to be announced in the  near 

"We are very  excited about joining  Avison Young. We  had the opportunity  to 
work with Avison  Young previouslyin  Canada on behalf  of one  of our  large 
corporate clients, and we were thoroughly impressed withnot only the  quality 
and service level of the work, but more importantly, the people," says  Wynne. 
"Additionally, we have  perfect alignment with  the company's vision,  culture 
and strategy for moving forward in  today's commercial real estate realm.  The 
partnership with  Avison Young  comes at  anopportune time  as we  have  been 
building our Denver presence  and market share. We  look forward to  providing 
our clients withthe  full suite  of services  offered from  the Avison  Young 

"Opening the Denver  office is  an integral  piece of  Avison Young's  overall 
expansion plan,"  notes Slonek.  "The  synergy with  our Calgary  and  Houston 
offices in relation  to the oil,  gas and mining  industries is paramount  for 
Avison Young clients in  those and other North  American markets. Alec is  the 
absolute  best  individual  to  lead  our  efforts  in  expanding  our  client 
relationships and  growing  our  presence in  the  Denver  metropolitan  area. 
Additionally, having Phil, Justin and the rest of the team on board makes  for 
a formidable and  immediate presence  in the  marketplace. We  cannot wait  to 
share more exciting news regarding Denver expansion plans in the near future."

Denver is  renowned for  its commitment  to business,  access to  a broad  and 
highly educated workforce, and  fine quality of  life. While Denver's  economy 
was once primarily based on agriculture and mining, over the past few  decades 
the local  economy  transformed  into  a vibrant  and  diversified  place  for 
national and  international  companies  to conduct  business.  Metro  Denver's 
population reached 2.9 million in 2012,  making it one of the fastest  growing 
cities in the U.S. The city's  central location in the U.S. provides  business 
leaders easy access  to their operations  from coast to  coast and around  the 
world. Denver's economy prides  itself as a leader  in the energy,  aerospace, 
technology, financial, healthcare and  telecommunications industries while  it 
continues  to  diversify  its  business  base.  Denver  is  also  experiencing 
increased interest  by national  and international  companies because  of  its 
strong commitment to  enhancing its  public transit system,  evidenced by  the 
ongoing build-out  of FasTracks,  one of  the country's  top  transit-oriented 
development systems.

In February,  Avison Young  was named  a winner  of Canada's  50 Best  Managed 
Companies program for  2011, sponsored  by Deloitte, CIBC,  National Post  and 
Queen's School of Business.

Founded  in  1978,  Avison  Young  is  Canada's  largest   independently-owned 
commercial real estate  services company. Headquartered  in Toronto,  Ontario, 
Avison Young is also the largest Canadian-owned, principal-managed  commercial 
real estate brokerage firm in North  America. Comprising more than 1,100  real 
estate  professionals  in  43  offices   across  Canada  and  the  U.S.,   the 
full-service   commercial   real   estate   company   provides    value-added, 
client-centric investment sales, leasing, advisory, management, financing  and 
mortgage placement  services  to  owners  and  occupiers  of  office,  retail, 
industrial and multi-residential properties.


Alec Wynne
Alec Wynne has  significant experience representing  users of commercial  real 
estate throughout Metro Denver and the U.S.  During the past 17 years, he  has 
represented occupiers of commercial real estate in 25 states and 20  countries 
throughout Europe, the Middle East, Asia and South America. To date, Wynne has
completed more than 400 sales and  lease transactions totaling over 5  million 
square feet (msf) and with a value of more than $1 billion.

In 2010, Wynne opened the  first U.S. office for  iCORE Global as iCG  Denver, 
LLC. Wynne served as Senior  Managing Principal for Denver  as well as on  the 
national executive committee for  iCORE Global. Prior  to iCORE, Wynne's  work 
experiences included  co-founding  Millennium  Commercial  Advisors  in  2009; 
working as  a Vice-President  at  CB Richard  Ellis  (CBRE) in  the  corporate 
services division; and serving as a Senior Associate and Vice-President at The
Staubach Company, where  his duties included  strategic planning,  transaction 
procurement and dispositions for local, regional and national companies.

Recent and past honors include: South Metro Denver Chamber of Commerce (SMDCC)
2012 Emerging Business  of the Year;  2011 and 2012  Chairman's Club -  iCORE; 
2010, 2011 and 2012 Top Producer - iCORE;  2008 and 2006 MVP - CBRE 102;  2000 
Top Producer - The Staubach Company; 1998 Top 40 Under 40, The Denver Business
Journal; 1997-2001  Heavy  Hitter,  The Denver  Business  Journal.  Membership 
associations include: Colorado Black Chamber of Commerce (2010-present); board
member - Aurora  Economic Council  (2005-2006); board President  - The  Bridge 
Project (2010-present); board member - The Bridge Project (2005-present);  and 
board member - University of Denver Board of Visitors. He is also a member  of 
the SMDCC, the Denver Metro Commercial Association of Brokers (DMCAB), and the
Urban Land Conservancy - Development Committee. Wynne holds a Bachelor of Arts
degree in international  economics from  the University of  California at  Los 

Justin Rayburn
Justin Rayburn started his real estate career as a tenant representation
professional at Grubb and Ellis in 2002. In 2003, he moved to Trammell Crow
Company (TCC) where he joined the corporate services team and focused his
efforts primarily on tenant representation while engaging in some landlord
work in the Denver Metropolitan Area. In 2006, Rayburn joined the corporate
services team at CBRE after CBRE's acquisition of TCC. Rayburn co-founded
Millennium Commercial Advisors in 2009 and in 2010 co-opened the first U.S.
office of iCORE Global where he served as Managing Partner and as a member of
the management committee.

To date,  Rayburn has  completed more  than 275  sale and  lease  transactions 
totaling over 1.75 msf  of office space  and more than  $100 million in  total 
consideration. He has represented  numerous local, national and  international 
companies  with  acquisition,  disposition  and  restructuring  services,  and 
re-forecasting of existing office lease  obligations. His experience spans  20 
states in  the U.S.;  moreover, he  has assisted  clients with  25-plus  space 
requirements in Canada,  Latin America,  Europe, the Middle  East, Africa  and 
Asia. Rayburn provides real  estate planning services, portfolio  optimization 
studies, market  analysis, site  selection  services, and  financial  planning 
studies. Additionally, he  assists clients in  identifying available  economic 
incentives packages from local, city and state agencies.

Recent honors and awards  include: SMDCC 2012 Emerging  Business of the  Year; 
Top 25 Denver  Area Commercial Real  Estate Brokerages ―  The Denver  Business 
Journal; 2000 President's  Club Member ―  IKON; and 1999-2001  Top Producer  ― 
IKON LDS.  Rayburn  is  a member  of  the  SMDCC, the  South  Denver  Economic 
Development Group,  and  the DMCAB.  He  holds a  Bachelor  of Arts  from  the 
University of Texas at Austin.

Phil Ruschmeyer
Prior to  forming  The  Ruschmeyer  Corporation,  Phil  Ruschmeyer  spent  the 
majority of  his career  at Frederick  Ross  Company as  an owner  and  broker 
(1986-2006). Specializing in  tenant and  landlord advisory  services, he  has 
been involved  in more  than 40  msf  of office  lease and  sale  transactions 
representing well over $4 billion during his 33-year real estate career.

Ruschmeyer  has  received  a  multitude  of  awards  throughout  his   career, 
including: Society of Industrial and  Office Realtors (SIOR) - Transaction  of 
the Year; Frederick R. Ross Award  - Number One Salesman (five times);  Denver 
Metro Commercial Association of Realtors (DMCAR) - Salesman of the Year; NAIOP
- Award for Outstanding Professional  Achievements in Commercial Real  Estate; 
Denver Board  of  Realtors  ―  Number One  Salesman  (three  times);  DMCAR  - 
President's Distinguished Service Award; and the Robert R. Hackstaff Award for
Outstanding Community Service.

Ruschmeyer is currently serving his fourth  term on the board of trustees  for 
the Metro Denver YMCA. His past board positions, charity and volunteer efforts
include: Denver Hospice, University  of Denver Alumni Association,  University 
of Denver  Burns Society,  Brokers for  Battered Kids,  Channel Six,  Colorado 
Business Committee for the Arts,  Children's Museum, United Way, Cherry  Hills 
Farm Homeowners Association, Falcon Hills Homeowner Association, Grand Prix of
Denver, and Volunteers of America.  He will be serving  as chair for the  2013 
University of  Denver/Rocky  Mountain Real  Estate  EXPO. Ruschmeyer  holds  a 
Bachelor of Science  in business administration  with a major  in real  estate 
construction management from the University of Denver.

For further information/comment/photos:

• Sherry Quan, National Director  of Communications & Media Relations,  Avison 
Young:(604) 647-5098; cell: (604) 726-0959

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

• Earl Webb, President, U.S. Operations, Avison Young: (312) 957-7610

• Nick Slonek, Principal and Managing Director, Northern California, Avison
Young: (415) 322-5051

• Alec Wynne, Principal and Managing Director, Denver, Avison Young: (720)

Avison Young's new Denver, CO office will be located at: 7000 E. Belleview
Avenue, #301, Greenwood Village, CO 80111, (720) 508-8100


Avison Young is a winner of Canada's 50 Best Managed Companies program for
2011, sponsored by Deloitte, CIBC, National Post and Queen's School of

Follow Avison Young on Twitter:
For industry news, press releases and market reports:
For Avison Young listings and deals: www.twitter.com/AYListingsDeals

Follow Avison Young Bloggers: http://blog.avisonyoung.com

•Editors/Reporters: please click on links to view and download photos of Alec
Wynne, Justin Rayburn and Phil Ruschmeyer

SOURCE Avison Young Commercial Real Estate (BC)


Media Relations:
Sherry Quan
(604) 647-5098 or (604) 726-0959 cell
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