Canadian firm acquires GPE companies

first_imgCanadian-based real estate services firm, Avison Young, acquired Phoenix-based GPE Management Services, and the newly merged firm is opening up offices here in Phoenix.Avison Young’s new Phoenix office is located in downtown Phoenix at 2777 E. Camelback Rd., Suite 230.The new offices will be Avison Young’s first location in Arizona, and 52nd office in the U.S., and is another step in the firm’s ongoing expansion efforts.Over the past seven years, Avison Young has grown from 11 to, now, 77 offices in 70 markets and from 300 to more than 2,200 real estate professionals in Canada, the U.S., Mexico and Europe.GPE Companies was a privately held, third-party real estate firm that has been serving a range of clients, from private individual investors to publicly traded corporations to international investment groups, for the past 43 years in Arizona.GPE offered services for all property types, including office, retail, flex/industrial and land. In addition, the firm had a division specializing in all areas of healthcare real estate. Over the past four decades, the company facilitated acquisitions and sales transactions exceeding $2.5 billion in real estate value. GPE also represents 6 million square feet of commercial space under management in the Phoenix metro area.Monday’s acquisition brings Avison Young’s total square feet of retail, industrial and office properties under management in North America to approximately 100 million square feet. Terms of the acquisition were not disclosed.Effective immediately, GPE is rebranded as Avison Young. The change in ownership adds 29 employees to Avison Young’s operations, including David Genovese, Julie Johnson and Alexandra Loye who become Principals of Avison Young. Genovese also becomes Managing Director of the company’s Phoenix office. He will focus on overseeing the growth and development of Avison Young’s presence in the Phoenix region, servicing new and existing clients, and managing the day-to-day operations of the office. Genovese brings to Avison Young 30 years of commercial real estate experience – all with GPE, where he was most recently President, designated broker and principal.“We are pleased to be opening our first office in Phoenix,” said Chair and CEO Mark E. Rose. “The acquisition of GPE provides Avison Young with a strong foundation, particularly in terms of brokerage and property management, in Arizona as we begin to roll out our expansion program in the state. With David and the rest of the GPE team on board, we are again adding individuals who are respected for their leadership, extensive industry experience and in-depth local market knowledge. More importantly, we also know that they will fit seamlessly into our Principal-led, collaborative culture and provide a superior level of service to clients.”Also joining Avison Young from GPE are: Nicholas Pelusio, Bret Isbell, Kevin Helland, Kristie Jones, Brooke Askew-Rossi, LeiAnne Oborne, Dominic Perry, Gail Brown, Jennifer Pliska, Laurie Sandau, Linda Robbins, Tracey Galligan, Tom Kimsey,Marion Chaney, Gregory Leverton, Becky Bishop, Esther Grabowsky, Gina Gringle, Jonathan Collins, Jason Gutierrez,Angela Williams, Jen Day, Amanda Knight, Rogelio Martinez, Jamie Svobodo and Ronald Genovese (company founder).“We think very highly of the GPE organization and the presence that it has established in Phoenix, which is a rapidly growing market that is gaining in importance to many of our occupier and investor clients,” said Earl Webb, Avison Young president, U.S. operations. “GPE has built a high-quality service platform, with dynamic leadership, and Avison Young looks forward to growing our company’s presence in this important U.S. market – through the acquisition of this firm as well as future additions to staff in all areas of our business. David Genovese is someone who has consistently provided excellent client service during his career while building a broad-based service platform at GPE. Additionally, the company has a number of senior managers and brokers who will fit the Avison Young culture perfectly and continue to enhance our client-service capabilities in the Phoenix market and beyond.”GPE was ranked the number one brokerage firm (24 brokers or fewer and medical categories) in AZ Big Media’s 2016 “Ranking Arizona: The Best of Arizona Business” list, and among the top five in the industrial, property management and best workplace culture categories, and among the top 10 in the retail and land categories.“With Phoenix, Avison Young now has a local presence in all major American markets,” adds Hiren Thakar, Avison Young Principal and Senior Vice-President of Corporate Strategy. “With this acquisition, we have quickly established a presence in one of the largest and fastest-growing metro markets in the U.S. Furthermore, GPE is a well-established player in the highly dynamic medical office market, which is becoming increasingly important to our clients across the country. David and his team will now be able to take advantage of Avison Young’s extensive resources to better serve the thriving medical office property sector inPhoenix. At the same time, his team will be able to collaborate with other Avison Young offices and provide multi-market medical office solutions for clients.” Today’s announcement comes on the heels of Avison Young acquiring North Rae Sanders and opening a new office in Coventry, U.K. on January 11, 2016; acquiring Toronto-based property appraisal company Metrix Realty Group (Ontario) Inc. on January 4, 2016; and opening new offices in Memphis, Tennessee on December 7, 2015 and in Mexico City on December 2, 2015.last_img read more

Dane Coles returns for Canes

first_imgRugby Union Dane Coles will make his Hurricanes’ season debut off the bench on Saturday, while Jackson Garden-Bachop gets another crack at first-five. Co-captain Coles was left home as his side toured South Africa and Argentina across the first two weeks of the season, which coach Jason Holland said was to help the 33-year-old build slowly into the season. “We wanted to make sure he was 100 per cent coming back in. He’s taken his time in pre-season and is in great nick because of it. “As we know with Colesy, he’s dying to get out there, and is adding value across the park.” While Garden-Bachop retains the No 10 jersey, there are few changes from the side that scored a comeback win over the Jaguares last weekend. Just one of those is in the backline as Vince Aso takes over from Billy Proctor at centre. Lock James Blackwell has been left out of the 23 to rest a niggly toe injury. Isaia Walker-Leawere and Scott Scrafton start at lock. Vaea Fifita gets his first start of the season in a reshuffled loose forward trio. Du’Plessis Kirifi drops to the bench, with Gareth Evans replacing him in the No 7 jersey and Reed Prinsep moving from blindside flanker to No 8. The front row, back three and halves remain unchanged. Garden-Bachop impressed with his cool head against the Jaguares, which has been rewarded by Holland. “Jacko controlled the game really well. We were happy with his run and his kick. The decision-making and being able to boss us around the park was a massive part of what he did last week and he deserves another crack at it.” Fletcher Smith got the first crack at replacing Beauden Barrett, but struggled in the 27-0 loss to the Stormers in week one. Garden-Bachop said it was a challenge to replace one of the world’s best first-five, but both he and Smith had to focus on what they could bring to the table. “I think I would have been an idiot to try come in and do what Beady used to do. He’s the best in the world and has been for the last few years. “We were under no illusions as 10s that we probably weren’t going to be able to fill those shoes, but the role of the first-five in this team now is a real game leader, game driver, making sure the X-factor we have all around the field is getting involved.” Garden-Bachop said he expected to improve with more gametime at the position. “I think especially as someone in a playmaking role, the more time you get – in-game reps running our shape, running the players inside and out of us – things start to slow down. “The more time you get, the more pictures you see and the easier it is to read them.” The Sharks put the Highlanders to the sword last weekend in a 42-20 win in Dunedin, with Holland saying they looked a lot like the World Cup-winning Springboks. “They’re playing a lot like South Africa did in the World Cup. “They’re a big, physical side. They rely heavily on their kicking game and applied a lot of pressure on the Landers last week around contesting those kicks and putting them under pressure that way. “We know that’s coming and we’ve got to use that as an opportunity to make sure the pressure is on them, not us. We’ve got to make sure we don’t try force things and give opportunities to their back three.” Hurricanes team to play Sharks: Jordie Barrett, Wes Goosen, Vince Aso, Ngani Laumape, Ben Lam, Jackson Garden-Bachop, TJ Perenara (c), Reed Prinsep, Gareth Evans, Vaea Fifita, Scott Scrafton, Isaia Walker-Leawere, Tyrel Lomax, Asafo Aumua, Fraser Armstrong. Reserves: Dane Coles, Pouri Rakete-Stones, Alex Fidow, Liam Mitchell, Du’Plessis Kirifi, Jamie Booth, Fletcher Smith, Billy Proctor.last_img read more