Commercial real estate leader Avison Young announced on Thursday the appointment of Ted Davis as the company's new Chief Operating Officer (COO), Canada.

COO, Canada is a newly created role at the company, and is one that "bolsters the firm’s Canadian leadership team and comes at a pivotal stage in the firm’s growth strategy," Avison Young said in a release.

Davis comes into the role with nearly 20 years of experience in commercial real estate, 13 of which were spent as the managing director of Avison Young's Southwestern Ontario region, where he later added the Toronto West office.

“Ted is an exceptional leader with deep knowledge of our organization and industry, and a wealth of experience in driving revenue and operational excellence; I have every confidence that he will help fuel our future,” said Mark Fieder, Principal and President of Avison Young Canada. “Since joining the firm in 2010, Ted has been instrumental in bringing teams together to create value for clients in his market, and we are excited to see him do this at the national level.”

As the Canadian COO, Davis will be responsible for "identifying opportunities to streamline operations across the country and ensuring teams throughout the firm have the resources to continue delivering clients the real estate experience of the future." Davis will report directly to Fieder, allowing the President to "focus on business development, client alignment, and strategic growth initiatives, including recruitment and acquisitions."

“I look forward to taking on this new opportunity and contributing to the continued growth of the firm,” said Davis. “Our people are the backbone of Avison Young, and I am eager to partner with them to unlock more value for clients by streamlining our operations, leveraging our holistic services, and tapping into our leading-edge technology platforms, such as AVANT by Avison Young.”

Joe Almeida, current Managing Director of Avison Young's Toronto office, will take over as Managing Director of Ontario. Davis, however, will continue on with his responsibilities as the Managing Director of Toronto West.

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