|By PR Newswire||
|November 6, 2012 11:00 AM EST||
Commercial real estate firm continues aggressive expansion in Southern
Top retail broker Derrick Moore joins as Principal,
Principal Chris Cooper relocates to new downtown office
TORONTO, Nov. 6, 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 Downtown Los Angeles.
The newest American office marks Avison Young's fourth Los Angeles location and an additional step in the firm's aggressive growth and expansion strategy.
Over the past three and a half years, Avison Young has grown from 11 to, now, 41 offices in 33 markets and from 300 to more than 1,100 real estate professionals across Canada and the U.S.
Effective immediately, retail industry veteran Derrick Moore joins Avison Young as a Principal and will be based in the firm's new Downtown Los Angeles office. He will lead the company's retail efforts in Downtown L.A., as well as expand the firm's presence and generate transaction volume in the Downtown market. Widely recognized in commercial real estate circles as one of the industry's leading retail experts in Los Angeles, Moore was most recently a First Vice-President with CBRE in L.A.
Chris Cooper, Avison Young Principal and Managing Director of the Southern California region, will relocate to the new Downtown Los Angeles office from Avison Young's Los Angeles West office. A 27-year industry veteran, Cooper has spent almost his entire legal and real estate professional careers in Downtown Los Angeles.
"The Southern California region is a critical growth area for Avison Young. Bringing Derrick on board allows Avison Young to partner with one of the most dominant retail real estate players in the Downtown Los Angeles market," comments Rose. "Avison Young remains intensely focused on the retail markets, and Derrick's move to Avison Young allows us to gain a stronghold in this critical client base. We are thrilled to have Derrick join our Principal-led organization. He is a well-respected professional with deep knowledge of the rapidly developing retail and adaptive re-use areas of Downtown L.A."
Rose continues: "Throughout his career, Chris has gained the respect of many of the largest and most sophisticated clients in Southern California and the U.S. This new Downtown office is a strategic office for Avison Young's overall Southern California growth plan."
Today's announcement comes on the heels of Avison Young opening offices in Raleigh-Durham, Detroit and South Florida last month, as well as the acquisition of New Jersey-based project management firm, The Walsh Company, LLC. Since April, the company has also opened new offices in San Francisco, New York, Pittsburgh, Charleston, SC, New Jersey, and a third Los Angeles-area office in Santa Monica.
"We are excited to have Derrick join Avison Young, and we will continue to implement our growth strategy in the key L.A. market," states Earl Webb, Avison Young's President, U.S. Operations. "Recognizing that we are still at the beginning of that process, we intend to add talented professionals, such as Derrick, to our new Downtown L.A. office in the months ahead. Derrick's background and strong work ethic will be invaluable to our organization as we continue to build our business in Southern California and beyond."
Webb adds: "Chris' long history of leadership, and the respect he has earned in the Los Angeles business community, will be of tremendous value to our firm and to our clients as we launch our new Downtown L.A. operations."
Avison Young opened its first Los Angeles office in August 2011 with industry veteran Neil Resnick joining as a Principal, followed by a second Los Angeles 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, Avison Young acquired Starrpoint Commercial Partners, Inc. and opened a third L.A. office in Santa Monica. The new Downtown Los Angeles office will expand Avison Young's Southern California region to four offices and 37 professionals.
"I have known Derrick throughout most of his career and his name is synonymous with Downtown Los Angeles retail. I cannot think of a better catalyst to open our Downtown L.A. office," states Cooper. "Derrick's long history of market dominance, and the respect he has earned in the Downtown real estate community, will be great assets to our organization."
Effective immediately, Avison Young's new Downtown Los Angeles office will be located at 633 West 5th Street, 26th Floor, Los Angeles, CA.
"I am pleased to be part of the growing team that Avison Young is building in the Southern California region," says Moore. "I was impressed with Avison Young's partnership culture, and how the company has been strategically building its brand in Southern California ― and across North America ― and expanding in all facets of the commercial markets. I look forward to working with Chris and supporting my new colleagues in their ability to deliver the most comprehensive solutions to clients' real estate needs."
The Downtown L.A. office market comprises 54 buildings totaling 27.3 million square feet (msf). Downtown also boasts a residential population of 49,000 people, representing a 162% growth rate since 2000. The market has been the beneficiary of $16 billion of private-sector investment dollars since 2000. Primary industries include: finance, professional and business services, legal services, technology, creative disciplines, architecture, entertainment, design firms, foreign banking, insurance and retail. There has been a major influx of hospitality openings in the past decade, creating a dynamic and rich amenities base. Sports and entertainment has also played a pivotal role in the Downtown L.A. renaissance, starting with the development of the STAPLES Center in 1999, where four professional teams currently play.
Regional research director Connie Hwang will also be relocating to the new office from Avison Young's Los Angeles West office.
Chris Cooper began his legal career with notable Downtown L.A. law firm Buchalter, Nemer, Fields & Younger and was a partner with Downtown firm Sullivan, Workman & Dee. Downtown L.A. has also been a mainstay in Cooper's real estate career, which has included roles as CEO of Charles Dunn Company, Senior Managing Director for Cushman & Wakefield, and Executive Vice-President at Jones Lang LaSalle.
Cooper's impressive track record of closed real estate transactions, valued in excess of $3.5 billion, include such notable Downtown L.A. deals as Prudential Insurance Company of America's 296,000-sf Downtown L.A. master plan consolidation; Skadden, Arps, Slate, Meagher & Flom's 146,000-sf Downtown L.A. renewal; and Microsoft Corporation's relocation from Santa Monica to Downtown L.A. Cooper has served on several boards and executive committees focusing on the growth of Downtown L.A., including the Downtown Central City Association Executive Committee, Los Angeles County Economic Development Corporation Executive Committee, BOMA Greater Los Angeles Advisory Board, and the Los Angeles Mayor's Economy and Jobs Committee.
During his 13-year career with CBRE, Derrick Moore completed 2.3 msf of retail lease transactions in the L.A. region, representing a total consideration of approximately $326 million. He has represented numerous national and local tenants, with transactions including T-Mobile, Wells Fargo, Subway, FedEx, Rite Aid, Bottle Rock, American Apparel, CVS, Panda Express and McDonald's. Among his most significant transactions were the signing of two Walgreens in the Downtown L.A. central business district. Moore is also credited with numerous high-profile restaurant transactions in Downtown L.A., including Bottega Louie, Rivera, Mo-Chica, and Baco Mercat.
Moore is a member of the International Council of Shopping Centers (ICSC), American Industrial Real Estate Association (AIR), and USC Marshall School of Business Alumni. He holds a Bachelor of Science in finance and business economics from the University of Southern California (USC).
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 41
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
- Please click on link to view and download photo of Derrick Moore:
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
• Christopher Cooper, Principal & Managing Director, Southern California Region, Avison Young: (213) 935-7435
• Derrick Moore, Principal, Avison Young: (213) 935-7433
Avison Young's new Downtown Los Angeles, CA office: 633 West 5th Street,
26th Floor, Los Angeles, CA 90071
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 Business
Follow Avison Young Bloggers: http://blog.avisonyoung.com
SOURCE Avison Young Commercial Real Estate (BC)
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
Jan. 29, 2015 05:00 AM EST Reads: 4,273
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
Jan. 29, 2015 03:45 AM EST Reads: 4,816
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP and chief architect at BSQUARE Corporation; Seth Proctor, CTO of NuoDB, Inc.; and Andris Gailitis, C...
Jan. 29, 2015 03:00 AM EST Reads: 4,177
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
Jan. 29, 2015 02:15 AM EST Reads: 5,705
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
Jan. 29, 2015 02:00 AM EST Reads: 4,747
Code Halos - aka "digital fingerprints" - are the key organizing principle to understand a) how dumb things become smart and b) how to monetize this dynamic. In his session at @ThingsExpo, Robert Brown, AVP, Center for the Future of Work at Cognizant Technology Solutions, outlined research, analysis and recommendations from his recently published book on this phenomena on the way leading edge organizations like GE and Disney are unlocking the Internet of Things opportunity and what steps your organization should be taking to position itself for the next platform of digital competition.
Jan. 29, 2015 02:00 AM EST Reads: 4,733
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial Cloud.
Jan. 29, 2015 01:00 AM EST Reads: 4,441
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it's a mix of architectural styles ...
Jan. 29, 2015 12:30 AM EST Reads: 4,776
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. He discussed opportunities and challenges ahead for the IoT from a market and technical point of vie...
Jan. 28, 2015 07:30 PM EST Reads: 5,470
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Jan. 28, 2015 06:15 PM EST Reads: 5,382
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
Jan. 28, 2015 06:00 PM EST Reads: 5,077
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, m...
Jan. 28, 2015 06:00 PM EST Reads: 4,831
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
Jan. 28, 2015 04:00 PM EST Reads: 4,234
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 28, 2015 02:30 PM EST Reads: 4,297
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Jan. 28, 2015 02:30 PM EST Reads: 4,984
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your online presence.
Jan. 28, 2015 02:15 PM EST Reads: 5,107
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the technology industry and how do they see opportunities for other women in their area of expertise.
Jan. 28, 2015 01:45 PM EST Reads: 3,560
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Jan. 28, 2015 01:15 PM EST Reads: 4,152
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
Jan. 28, 2015 01:00 PM EST Reads: 5,906
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Jan. 28, 2015 12:30 PM EST Reads: 4,647