Avison Young opens new office in San Diego, California

            Avison Young opens new office in San Diego, California

PR Newswire

TORONTO, March 18, 2013

Leading Canadian commercial real estate firm opens its 22nd location outside
Canada and sixth office in Southern California; Jerry Keeney becomes a
Principal

TORONTO, March 18, 2013 /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 San  Diego, 
California.

The newest American office marks Avison Young's 22nd market outside of  Canada 
and an additional step in the  firm's ongoing aggressive growth and  expansion 
strategy.

Over the past four years, Avison Young  has grown from 11 to, now, 44  offices 
in 36 markets and from 300 to more than 1,200 real estate professionals across
Canada and the U.S.  The new San Diego  office represents the company's  sixth 
office in Southern California.

Effective immediately, Jerry Keeney joins Avison Young as a Principal and will
oversee the operations and growth of the San Diego office, as well as  service 
clients. He will also focus on further expanding the company's landlord agency
leasing, tenant  representation  and  investment sales  practice  in  Southern 
California. Keeney was most recently Managing Director of Cassidy Turley's San
Diego office.

"Avison Young's expansion into San Diego  is of critical importance to  Avison 
Young's overall Southern California strategic plan," comments Rose. "Jerry  is 
a highly  experienced  leasing and  investment  sales professional  with  deep 
knowledge of the institutional markets, which is especially beneficial to  our 
rapidly growing leasing, capital markets and investment sales practice  across 
the U.S. We are very pleased to have Jerry join us to spearhead our growth  in 
San Diego. He has extensive experience in  the market and brings with him  the 
knowledge of both client development and strategy execution."

Avison Young opened  its first Southern  California office in  Los Angeles  in 
August 2011, followed  by a second  L.A. 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  2012, Avison Young  acquired 
Starrpoint Commercial Partners, Inc. and opened  a third L.A. office in  Santa 
Monica. In  November 2012,  Avison  Young opened  its  fourth L.A.  office  in 
Downtown L.A., followed that same month by a new office in Irvine, CA.

"Jerry's background will be  invaluable to our  organization and our  Southern 
California expansion  as we  continue  to build  our business  throughout  the 
region  and  beyond,"  states  Earl  Webb,  Avison  Young's  President,   U.S. 
Operations. "Jerry has  been very  successful throughout his  career, and  his 
addition to our  already extensive  Southern California  leadership team  will 
further solidify our strong  presence in the market.  We are thrilled to  have 
Jerry  join  our   Principal-led  organization   and  the   growing  team   of 
professionals who have decided  over the past couple  of years to make  Avison 
Young their home."

Effective immediately, Avison Young's new San Diego office will be located  at 
4225 Executive Square, Suite 600, La  Jolla CA, 92037.The office is  situated 
in the University Towne Center (UTC)  submarket of San Diego between  downtown 
San Diego and North County, and minutes away from the Village of La Jolla.

"With his long history of market dominance and leadership throughout San Diego
County, Jerry is the optimal brand builder. We look forward to leveraging  his 
longstanding track record  to provide  best-in-class service  delivery to  our 
clients," says Cooper.

He adds: "With breakthrough  technology companies and research  organizations, 
the largest military population in the  world, and a strong tourism  industry, 
San Diego County  has one of  the most  diverse and dynamic  economies in  the 
country. Boasting an overall office market base of more than 74 million square
feet, and with five consecutive quarters of positive net absorption, San Diego
is poised for sustained growth for both our clients and our firm."

Jerry Keeney  brings to  Avison Young  25   years  of commercial  real  estate 
experience in  the U.S.  and Asia.  He has  extensive experience  with  tenant 
representation, leasing and investment sales.  Prior to joining Avison  Young, 
he spent two years as a life  sciences property sales and leasing broker  with 
Cassidy Turley-BRE Commercial  in San Diego.  During each year  of his  tenure 
with Cassidy Turley-BRE Commercial, he ranked as a Top 5 producer.

Before moving to  Cassidy Turley, Keeney  spent eight years  with CBRE in  San 
Diego, where he served as Senior Vice-President and was a Top 10 producer  for 
the latter five years. From 2000-2001, he served as Western Sales Director for
the company now known as Loopnet (acquired by CoStar in 2012) in Los  Angeles. 
He moved to  Loopnet from  CBRE's Hawaii  office, where  he held  the post  of 
Managing Director. Keeney also held Managing Director positions with the  John 
Buck Company and C.Y. Leung & Company  in Hong Kong between 1995 and 2000.  He 
also worked in Hong Kong with Jones Lang LaSalle (1993-1995), specializing  in 
tenant representation, after commencing his commercial real estate career with
CBRE in San Diego (1988-1993).

Keeney is a member of BIOCOM, the largest regional life science association in
the world, and is a private  investor in various biotech startup companies  in 
San Diego. He is also active in his community, serving as a director and coach
with Rancho  Santa  Fe  Little  League.  He holds  a  Bachelor  of  Arts  in   
international relations from the University of San Diego.

"I am thrilled to have this opportunity  to open and build Avison Young's  San 
Diego office," says  Keeney. "Having had  the unique opportunity  to open  and 
build offices in Hong Kong, Hawaii and San Diego, I look forward to leveraging
my experience and entrepreneurial acumen as we pursue our strategy in Southern
California. Avison Young's  commitment to  its long-term  growth strategy  and 
vision to build  the leading global  commercial real estate  services firm  is 
something I am excited to be a part of. I am very impressed with the company's
innovative client-service model and high-integrity partnership culture."

Encompassing 4,200 square miles in the southwestern corner of California,  San 
Diego County is home to  more than 3.2 million people.  It is the second  most 
populous county in California behind  Los Angeles County, reflecting a  growth 
of 14.3% since  2000. By 2020,  San Diego County's  population is expected  to 
reach 3.5 million. The median age is 34 with a median income of $70,000.  From 
2013 to  2016, the  average annual  job growth  rate is  forecasted to  be  3% 
according to the County of San Diego. More than $17 billion of tourism dollars
are generated for San Diego annually.

The University  Towne  Centre office  market  is a  burgeoning,  multi-faceted 
business  environment.   Influenced  by   multiple  education   and   research 
institutions  such   as  The   Scripps  Research   Institute,  University   of 
California-San Diego, University of San Diego and nearby San Diego State, this
intellectual convergence has created a  hotbed for the biotech, high-tech  and 
healthcare industries.  Rounding  out  the  diverse  tenant  base  are  many   
prominent financial services organizations and law firms.

Avison Young was a winner of  Canada's Best Managed Companies program in  2011 
and the  company announced  last month  that  it had  requalified in  2012  to 
maintain its status as a Best Managed company.

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 1,200  real 
estate  professionals  in  44  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.

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

• Jerry Keeney, Principal, Avison Young: (858) 201-7070

Avison Young's new San Diego, CA office will be located at: 4225 Executive
Square, Suite 600, La Jolla CA, 92037, (858) 201-7070

www.avisonyoung.com

Avison Young was a winner of Canada's Best Managed Companies program in 2011
and requalified in 2012 to maintain its status as a Best Managed company.

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

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

Editors/Reporters:
please click on link to view and download photo of Jerry Keeney
http://www.avisonyoung.com/sites/default/files/content-files/Media_Room/Temp/Jerry_Keeney.jpg

SOURCE Avison Young Commercial Real Estate (BC)

Contact:

Media Relations:
Sherry Quan
(604) 647-5098 or (604) 726-0959 cell
email:sherry.quan@avisonyoung.com