Microsoft Cloud Authors: Jim Kaskade, Lori MacVittie, Andreas Grabner, Janakiram MSV, Pat Romanski

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.


  • 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 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
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

OnProcess Technology has announced it will be a featured speaker at @ThingsExpo, taking place November 1 - 3, 2016, in Santa Clara, California. Dan Gettens, OnProcess’ Chief Analytics Officer, will discuss how Internet of Things (IoT) data can be leveraged to predict product failures, improve uptime and slash costly inventory stock. @ThingsExpo is an annual gathering of IoT and cloud developers, practitioners and thought-leaders who exchange ideas and insights on topics ranging from Big Data in...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, will draw together recent research and lessons learned from emerging and established ...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...