April 5, 2016
Avison Young, headquartered in Toronto, has entered the Phoenix market with its acquisition of GPE Cos. GPE, a mainstay in the local commercial real estate market for more than four decades, has been rebranded as Avison Young, and is located at 2777 E. Camelback Rd.
The change in ownership adds 29 employees to Avison Young’s operations, including David Genovese, Julie Johnson and Alexandra Loye, who were named Principals of Avison Young. Genovese also becomes Managing Director of the company’s local office.
“We are pleased to be opening our first office in Phoenix,” said Mark E. Rose, chairman and CEO of Avison Young. “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.”