Arthur Mirante joins Avison Young's Board of Directors

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Avison Young Commercial Real Estate (BC)

Nov 14, 2018, 09:00 ET

Principal and Tri-State President will help oversee firm's aggressive global growth

TORONTO, Nov. 14, 2018 /PRNewswire/ - Avison Young, the world's fastest-growing commercial real estate services firm, announced today that Arthur Mirante has been appointed to its Board of Directors.

Mirante is a Principal of Avison Young and the firm's Tri-State President. His appointment expands Avison Young's Board to eight.

"We're thrilled to add Arthur to our Board," comments Mark E. Rose, Chair and CEO of Avison Young. "Since joining Avison Young in 2012, Arthur has distinguished himself as an exceptional company leader, a visionary professional and an exemplary real estate solutions provider. He has led the ongoing expansion of our Tri-State region, where we have achieved exceptional growth in New York City and the area's other markets – while placing the interests of clients first every time. Now, we will be able to expand his expertise for the benefit of all Avison Young markets, operations, programs and, most importantly, clients."

Today's announcement follows the engagement of Howard Roth as an independent Advisor to Avison Young on October 29, the appointment of Carol Johnson as an independent Director in May 2018, and the addition of two representatives of Caisse de dépôt et placement du Québec (CDPQ) to Avison Young's Board in July 2018, when CDPQ made a C$250-million preferred-equity investment in the company.

Mirante joined Avison Young in 2012 as a Principal and Tri-State President, in conjunction with the company opening a new office in New York City, and has since overseen the region's tremendous growth. One of the most accomplished and respected professionals in the commercial real estate industry, he served as CEO of Cushman & Wakefield for 20 years. During his tenure, Cushman & Wakefield's revenues increased to more than $1.2 billion from $80 million, and the firm expanded from 60 U.S.-based offices to 173 offices, including 100 outside the country.

"I'm honoured to join Avison Young's Board of Directors and look forward to working with my fellow Board members in overseeing the company's aggressive global growth," says Mirante. "It's an exciting time to be a part of Avison Young, and I look forward to this expanded responsibility."

Throughout his career, Mirante has participated in some of the New York market's largest and most complex transactions, including the sale of the World Trade Center, the headquarters relocations of MasterCard International and The Guardian Life Insurance Company, the record $1.72-billion sale of 200 Park Avenue for Metropolitan Life in 2005, the record $1.8-billion acquisition of 666 Fifth Avenue in 2007, and the long-term lease of 75 Rockefeller Plaza to RXR Realty in 2013.

Mirante is an active member of the community, serving on the boards of numerous not-for-profit organizations and cultural institutions, including the John Jay College of Criminal Justice, The Alvin Ailey Dance Foundation, The National Jewish Center for Immunology and Respiratory Medicine and HELP USA. He has also been honoured by many community and cultural institutions, including Lincoln Center for the Performing Arts, St. John's University, The College of the Holy Cross and The Arts & Business Council of New York, which named him Business Volunteer of the Year in 2003. Mirante and his wife Elizabeth have also been honoured by the Alvin Ailey Dance Foundation and John Jay College of Criminal Justice for their commitment to supporting the United States Veterans, and he received the Covenant House Lifeline Achievement Award in 2014.

Mirante holds a Juris Doctor degree from St. John's University Law School and a Bachelor of Science degree in sociology from the College of the Holy Cross.

"Arthur has made a tremendous impact at Avison Young since the day he joined our company," notes Avison Young's Chief Legal Officer and fellow Director, Robert Slaughter. "He has provided exceptional service as President of our Tri-State area and as a member of our executive committee, and has exemplified our collaborative, partnership culture. His community involvement has set the bar for the entire company. Arthur brings extraordinary corporate leadership, executive management, corporate governance, and business development experience, expertise and perspective to our Board. His insights will be greatly valued."

The current members of Avison Young's Board of Directors are: Mathieu Desforges (Senior Director, Junior & Opportunistic Credit/Private Equity, CDPQ); Carol Johnson (independent Director); Arthur Mirante (Principal and Tri-State President); Benoit Raillard (Operating Partner, Direct Private Equity Investments, CDPQ Portfolio Management); Mark Rose (Chair and CEO); Robert Slaughter (Principal and Chief Legal Officer); Earl Webb (President, U.S. Operations); and Cory Wosnack (Principal and Managing Director, Edmonton).

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 2,700 real estate professionals in 85 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial multi-family and hospitality properties.

For additional information/comment/photos:

Sherry Quan, Principal and Global Director of Communications & Media Relations,
Avison Young: 604.647.5098; cell: 604.726.0959 [email protected]
Tom Nolan/Francisco Miranda, Great Ink PR, New York, 212.741.2977
[email protected]; [email protected]
Mark Rose, Chair and CEO, Avison Young: 416.673.4028

www.avisonyoung.com

Avison Young is a 2018 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for seven consecutive years.

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