Natalie Allred joins Avison Young in Las Vegas

Highly regarded property management specialist becomes Principal

LAS VEGAS, July 5, 2017 /PRNewswire/ - Keith Lipton, Chief Operating Officer, U.S. Operations for Avison Young, the world's fastest-growing commercial real estate services company, announced today that highly regarded property management specialist Natalie Allred has joined the firm in Las Vegas.

Effective immediately, Allred becomes a Principal of Avison Young and Vice-President of Property Management in Las Vegas. She will lead the firm's local property management group with a mandate to facilitate continued client satisfaction while integrating with Avison Young's national investor services platform to attract new clients. She will also collaborate with colleagues in Las Vegas on the expansion of local office operations through the recruitment of property management, sales and leasing specialists. In addition, she will liaise with Avison Young's corporate leaders to grow the company's footprint in Southern Nevada.

Allred brings more than 25 years of experience in all facets of commercial property and asset management experience to Avison Young, most recently as an executive vice-president at The Equity Group in Las Vegas. In her new role, she will work closely with David Jewkes, who joined Avison Young's Las Vegas office in June 2017 as Managing Director, Brokerage Operations.

"We're excited to have Natalie join Avison Young to lead our property management group in Las Vegas," comments Lipton. "Her experience in leading other property management professionals in meeting the investment goals of both high-profile private wealth and institutional investors makes this a truly 'take-notice' hire for Avison Young. Natalie's depth of experience in managing all segments of commercial property, including retail, mixed-use, residential, class A office, industrial and hospitality real estate, will benefit our clients as they seek to manage individual sites and portfolios in the competitive Las Vegas marketplace."

Lipton continues: "Natalie brings day-to-day, hands-on experience managing portfolios and delivering clients true value through tenant retention and satisfaction. Furthermore, her presence will enable us to provide our clients with a tremendous bench of market leaders as we recruit new talent for our growing Las Vegas operations."

During her career, Allred has directly or asset managed more than 15 million square feet (msf) of retail, office, industrial, commercial property associations, hotels, residential condominium associations, and multi-family properties.

"I am honored to become part of an outstanding commercial real estate firm, and to bring my years of experience and expertise to Avison Young's Las Vegas office," says Allred. "The opportunity to become a Principal within a collaborative culture that executes a client-centric business model was very attractive to me. I look forward to expanding our property management team in Las Vegas as we provide creative real estate solutions for our clients."

Avison Young opened its Las Vegas office in November 2011 and a second Nevada office in Reno in March 2012. Since then, the company has expanded steadily in the state.

Over the past nine years, Avison Young has grown from 11 to 80 offices and from 300 to more than 2,400 real estate professionals in Canada, the U.S., Mexico and Europe.

Biography

Natalie Allred    
Natalie Allred brings more than 25 years of experience in all facets of commercial property and asset management to Avison Young, most recently as an executive vice-president at The Equity Group in Las Vegas. While at The Equity Group, she oversaw 7.5 msf of retail, office, industrial, residential and commercial property associations. She was also responsible for client services, new business development and the day-to-day operations of a third-party property management company. In addition, she supervised a 30-person staff that included nine property managers as well as accounting, maintenance and administrative specialists.

Prior to joining The Equity Group, Allred was a Nevada regional property manager and broker with Vestar Properties, Inc. in Las Vegas where she oversaw institutional, corporate and third-party assets, including a class A mixed-use lifestyle center (The District at Green Valley Ranch) featuring high-end national retailers and office and residential components. She also managed day-to-day operations, including the facilitation of major property events for the holidays, such as wine walks and farmers' markets.

Before moving to Vestar, Allred spent 18 years with American Nevada Company in Las Vegas, rising to vice-president. While she was at American Nevada, her overall management responsibilities included a 3-msf portfolio of mixed-use lifestyle shopping centers, grocery-anchored shopping centers, class A and LEED-certified office buildings, industrial properties, residential condominium associations, multi-family properties, hotels, and commercial property associations. She was also responsible for all financials and budgeting on a portfolio level, reporting directly to the company president. In addition, she supervised more than 25 employees, including property managers, maintenance and administrative staff.

Allred also spent one year as a general manager at Pan Pacific Retail Properties in Las Vegas, where her duties included overseeing operations management of more than 3 msf of shopping centers located within five states – Nevada, Arizona, New Mexico, Tennessee and Kentucky.

Allred has obtained the Certified Property Manager (CPM), Executive Certified Property Manager, and Accredited Residential Manager (ARM) designations from the Institute of Real Estate Management (IREM). She serves on the boards of the Las Vegas chapters of IREM and Commercial Real Estate Women (CREW), and is an active member of the Building Owners and Managers Association (BOMA) and NAIOP. In the community, she sits on the Southern Nevada board of the Juvenile Diabetes Research Foundation (JDRF), currently acting as the local chapter's Advocacy Chair. In 2016, she received the chapter's Rookie of the Year Award.

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 80 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 further information/comment/photos:

• Sherry Quan, Principal, Global Director of Communications & Media Relations,
  Avison Young: 604.647.5098; mobile: 604.726.0959
• Keith Lipton, Chief Operating Officer, U.S. Operations, Avison Young: 202.644.8683
• Natalie Allred, Principal and Vice-President of Property Management, Las Vegas,
  Avison Young: 702.637.7308
• David Jewkes, Managing Director, Brokerage Operations, Las Vegas,
  Avison Young: 702.472.7978
• Mark Rose, Chair and CEO, Avison Young: 416.673.4028
• Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610

www.avisonyoung.com

Avison Young was a winner of Canada's Best Managed Companies program in 2011 and requalified in 2017 to maintain its status as a Best Managed Gold Standard company.

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• Editors/Reporters
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SOURCE Avison Young Commercial Real Estate (BC)

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