Click here to close now.




















Welcome!

Microsoft Cloud Authors: Adine Deford, Elizabeth White, the Editor, Michael Krems, Xenia von Wedel

News Feed Item

Avison Young opens fourth Los Angeles office

Commercial real estate firm continues aggressive expansion in Southern California;
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
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. 

Derrick Moore
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 multi-residential properties.


Editors/Reporters

  • Please click on link to view and download photo of Derrick Moore:                   

http://www.avisonyoung.com/sites/default/files/content-files/Media_Room/Temp/Derrick_Moore.jpg


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


www.avisonyoung.com

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 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


SOURCE Avison Young Commercial Real Estate (BC)

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of IoT applications and projects. Business operations, IT, and data scientists need advanced analytics t...
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater.
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of streaming data in the cloud with an enterprise grade SLA. It features built-in integration with Azur...
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with APIs within the next year.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...