TORONTO, July 5, 2011 /PRNewswire/ - Mark E. Rose (top right photo), Chair and CEO of Avison Young, Canada's largest independently-owned commercial real estate services company, announced today that it has acquired Millennium Realty Advisors, LLC, a Virginia-based brokerage firm that provides agency leasing and tenant representation services.The acquisition further expands Avison Young's market coverage in
Northern Virginia, the largest market in the Washington, DC region.
The change in ownership will add nine employees - including five new
Principals - to Avison Young's U.S. Capital Region operations. Terms of
the acquisition were not disclosed.
Millennium Realty Advisors was founded in 1997 by John McEvilly and Mike Shuler, who have a combined 55 years of experience in the commercial real
estate industry.
Effective immediately, McEvilly, Shuler, Douglas Eliot, James Palmer and RobertWalters join Avison Young as Principals. NathanKrill and Joseph Pilch join as Vice-Presidents, Brokerage Services, Virginia; Sophrona Chinoy as Director; and UlyanaRadisavljevic as marketing assistant.
"We are thrilled to have John and Mike and the rest of the Millennium
team join the Avison Young organization," comments Rose.
"This acquisition represents the next step in our company's expansion
strategy, and reinforces our commitment to invest in the firms and the
top talent who believe in our Principal-led, client-focused service
model.
“This strategic acquisition will give Avison Young an even
broader client-service platform in the DC area as we continue to expand
our capabilities throughout the U.S.
“With this acquisition, Avison Young has now built one of the leading landlord-representation platforms in the Washington, DC region in less than 18 months."
For a complete copy of the company’s news release, please contact:
Sherry Quan, National Director of Communications & Media Relations, Avison Young: (604) 647-5098; cell: (604) 726-0959
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