Highly regarded office leasing expert becomes Principal, will spearhead growth of the firm's market share in Bergen County and Hudson County waterfront
MORRISTOWN, NJ, April 26, 2016 /PRNewswire/ - Jeffrey Heller, Avison Young Principal and Managing Director of the firm's New Jersey office, announced today that highly regarded office leasing professional Kenneth Porreca has joined the company in New Jersey.
Effective immediately, Porreca becomes a Principal of Avison Young. Based in the firm's Morristown office, he will lead Avison Young's business development efforts in Bergen and Hudson counties, working closely with his colleagues in New Jersey and across the Tri-State region.
"Ken has distinguished himself as an expert on the Bergen County office market, having spent the bulk of his career managing the real estate requirements of high-profile companies throughout the region," comments Heller. "With a background that has given him exposure to all facets of the asset class, as well as far-reaching relationships and a deep understanding of Northern New Jersey market fundamentals, Ken is uniquely qualified to expand our office leasing business in Bergen and Hudson counties. He will support Avison Young's growing client base and substantially elevate our local market presence."
Porreca, who previously served as a managing director at Newmark Grubb Knight Frank, is one of the industry's most consistent producers, having achieved Costar's Power Broker award for four consecutive years. Porreca brings a decade of commercial real estate experience to Avison Young, having completed office leasing assignments for notable companies such as Locus Telecommunications, Statements Solutions Inc., Kamson Corporation, Curtis Wright, Bacardi, Hanjin Shipping and the General Services Administration (GSA).
"Ken's hiring is the latest example 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," states Arthur Mirante, Avison Young Principal and President of the firm's Tri-State region. "In addition to his extensive office leasing background, Ken's experience 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 in the Garden State."
Since entering the New York City market in 2012, Avison Young has rapidly expanded its Tri-State market presence. The firm has opened offices in New Jersey, Long Island and Fairfield/ Westchester in addition to New York City, and has experienced rapid growth through a series of high-profile hires and strategic acquisitions.
"Avison Young's brand of client service and integrity, and its Principal-led, partnership-driven model, provide me with an opportunity to substantially contribute to the enterprise and make a real impact on the direction and growth of both the New Jersey office and the company as a whole," says Porreca. "The opportunity to work on a day-to-day basis with Jeff Heller and the team of professionals that he has assembled makes this a great fit for me as I take this next step. I look forward to working with my new colleagues locally, nationally and globally to help maintain and grow our roster of clients through excellence in service."
Porreca holds a Bachelor of Arts degree in psychology (with a minor in business) from Rutgers University. He is active in the commercial real estate industry as a member of the Commerce of Industrial Association of New Jersey. In his community, he serves as a board member on Hopes & Heroes, a children's cancer foundation, and has affiliations with Columbia University and Franklin Lakes Education Foundation.
Over the past seven years, Avison Young has grown from 11 to 77 offices and from 300 to more than 2,200 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 2,200 real estate professionals in 77 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:
- Ryan Smith, Vice-President, Beckerman PR, New York: 201.465.8023
- 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
- Jeffrey Heller, Principal and Managing Director, New Jersey, Avison Young: 973.753.1100
- Mark Rose, Chair and CEO, Avison Young: 416.673.4028
- Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610
Avison Young was a winner of Canada's Best Managed Companies program in 2011, 2012, 2013 and 2014 and requalified in 2015 to maintain its status as a Best Managed Gold company
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Please click on link to view and download photo of Ken Porreca:
SOURCE Avison Young Commercial Real Estate (BC)