Avison Young opens new office in Denver, 11 members join
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
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
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 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 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.
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)
(604) 647-5098 or (604) 726-0959 cell
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