Avison Young Named in Co-Star Group Power Broker 2012

Online, March 26, 2013 (Newswire.com) - Avison Young, a global, full service commercial real estate firm providing innovative, best-in-class, client-centric solutions, today announced that it has been named in three categories in the prestigious Co-Star Group Power Broker 2012 listing. Each year, the CoStar Group recognizes the top commercial real estate brokerage firms and individual brokers with the prestigious Power Broker Awards. The firm was named one of the 2012 Top Leasing Firms in the Boston market, a distinction that is given to the top 20 firms in the market and as one of the 2012 Top Sales Firms in the Boston market, a distinction that is given to only the top 10 firms in the market. Noteably, Kevin Malloy was named one of the 2012 Top Industrial Leasing Brokers, awarded to the top 20 leasing brokers in the Boston market.

As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to track transactions and identify the top players across the United States. Every year, CoStar tallies the commercial real estate sales and lease transactions closed during the previous year and subsequently presents the distinction to the firms and individuals who have achieved the highest volume of sales and leases in over 90 markets across the country.

"On behalf of the all of the Principals at Avison Young New England, our employees, our clients and our partners, we are truly honored to have been named as a CoStar Power Broker," comments Rick Kimball, Principal and Managing Director, Avison Young's New England operations. "This distinction is a testament to the diligence and dedication of our employees which has resulted in tremendous growth in recent years, and supports our differentiated, Principal-owned structure. Each Principal has a stake in the success of our firm, which drives a culture of collaboration, co-operation and client focus. We manage our business without service-line or geographic silos, in order to have a greater positive impact on our clients' success."

Avison Young's strong capital structure provides its brokers with the financial flexibility to respond to growth opportunities quickly, while simultaneously offering a broad platform of support to solve complex real estate issues. This announcement comes on the heels of Avison Young re-qualifying as one of Canada's Best Managed Companies program in 2012. Over the past four years, Avison Young has grown from 11 to 44 offices in 36 markets and from 300 to more than 1,200 real estate professionals across Canada and the U.S.

About Avison Young
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.

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