Industrial and airport real estate specialists to further elevate local market profile
NEW YORK CITY, July 18, 2016 /PRNewswire/ - Arthur Mirante, Avison Young Principal and Tri-State President, announced today that highly regarded commercial real estate industry veterans Reid Berch and Joseph Lagano have joined the company on Long Island, New York.
Effective immediately, Berch becomes a Principal of Avison Young and Lagano a senior director. They will continue to work as a team while expanding the firm's industrial sales and leasing services throughout the region and specializing in the real estate needs of clients on Long Island and, particularly, at John F. Kennedy International (JFK).
"We couldn't be more pleased to have Reid and Joe on board," comments Mirante. "These hires are the latest examples of Avison Young's continuing success in attracting top industry talent who are also compatible with, and will benefit from, our culture of collaboration and partnership. Their extensive industrial leasing background and diligent work ethic will be key to the continued expansion of our tenant and owner representation platforms, as well as the overall growth of our business throughout the region."
Berch brings more than 30 years of commercial real estate experience to Avison Young, while Lagano has worked in the industry for 14 years. Both join the company from Jones Lang LaSalle (JLL) on Long Island, where Berch was an executive vice-president and Lagano was an associate vice-president.
"Reid and Joe have distinguished themselves as experts in the airport and industrial markets throughout the region," adds Ted Stratigos, Avison Young Principal and Managing Director of the firm's Long Island office. "Based on their significant experience and history of success, I know that Avison Young will help Reid and Joe expand their business while elevating our local market even further."
Berch and Lagano currently represent more than 1.8 million square feet of warehouse, air cargo, distribution and office space at JFK on behalf of Prologis Inc., TA Realty and Terreno Realty LLC. From 2000 to 2016, the team successfully completed more than 950 leases and sales in Queens and at JFK. Of particularly note are the sale of Bloomingdale's 640,000-square-foot (sf) facility in Long Island City, and the sale of the 292,000-sf Airgate Industrial Park to Prologis, Inc.
Both Berch and Lagano have been top producers during most of their years in the industry. Berch is an active member of the Commercial Industrial Brokers Society (CIBS) as well as the JFK Chamber of Commerce. He holds a Bachelor of Science degree in management information systems from Ramapo University.
Lagano is presently a member of the board of the Long Island chapter of CIBS, as well as a member of the JFK Chamber of Commerce. He holds a Bachelor of Arts in business management from the New York Institute of Technology.
"Joe and I are thrilled to join Avison Young's growing platform," says Berch. "We know our clients will benefit from the open architecture and Principal-led model of the organization. We are looking forward to utilizing Avison Young's resources and expertise to provide our existing and new clients with industry-leading real estate solutions."
Avison Young opened its first New York office in April 2012 in New York City, with Mirante joining as Principal and Tri-State President. Since then, the company has opened offices in New Jersey (September 2012), on Long Island (August 2013) and in Fairfield/Westchester (June 2014) and has experienced rapid growth through a series of high-profile hires and strategic acquisitions.
Over the past seven years, Avison Young has grown from 11 to 78 offices and from 300 to more than 2,400 real estate professionals in Canada, the U.S., Mexico and Europe.
Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 78 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.
For further information/comment/photos:
- Arielle Herzfeld, Senior Director of Marketing, Tri-State, Avison Young: 212.729.7465
- Sherry Quan, Principal, Global Director of Communications & Media Relations, Avison Young: 604.647.5098; mobile: 604.726.0959
- Ted Stratigos, Principal and Managing Director, Long Island, NY, Avison Young: 516.962.5399
- Reid Berch, Principal, Avison Young: 516.962.5393
- Mark Rose, Chair and CEO, Avison Young: 416.673.4028
- Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610