Avison Young is opening its second New Jersey office as it looks to bolster its tenant representation business in the state.
Mark E. Rose, chair and CEO of Avison Young, said that the new location will expand the firm’s tenant representation advisory services, particularly in the life-science sector.
To coincide with the launch, Avison Young hired executives from Rutherford, NJ-based Cresa NJ-North/Central, LLC. CNJ specializes in corporate tenant representation for pharmaceutical, biotech, technology, telecommunications and financial services clients. Tom Giannone and Ron Ganter, formerly the managing principals of CNJ, will become principals of Avison Young with a mandate to help grow the firm’s corporate tenant representation services throughout New Jersey.
The new office will be Avison Young’s 54th office in the U.S. and will be located in central New Jersey in the Metropark area.
Also joining Avison Young from CNJ are: Edward English, senior vice president; Elisabete Correia, operations manager; Steve Bleiweiss, senior vice president; Scott Riehl, vice president; and Brian Featherstone, advisor.
Brokers based in the new Metropark office will primarily focus on the north and central regions, including the Princeton market.
Giannone and Ganter will work with Jeffrey Heller, managing director of AY’s New Jersey region, who will oversee the day-to-day operations of the new Metropark office.