Highly regarded industry veteran to shape the future of firm’s Central Texas office
Austin, Texas – Jan. 8, 2018 – Keith Lipton, Avison Young Principal and Chief Operating Officer, U.S. Operations, announced today that Avison Young Principal Corey Martin has been appointed Managing Director in Austin, Texas.
Effective January 1, 2018, Martin will oversee the day-to-day operations of the Austin office, lead the growth of the firm’s Central Texas region, and focus on expanding the firm’s commercial real estate services to owners and occupiers of office, industrial, retail, multifamily, and hospitality properties in the Austin region.
“We are thrilled that Corey, a highly regarded industry leader who has developed a positive reputation in Austin, will fill this role,” comments Lipton. “In stepping into the position of Managing Director, Corey will help strengthen our reputation in Austin and make a lasting impact on the region’s commercial real estate landscape. Corey’s leadership will continue to advance Avison Young as a market leader in the Austin marketplace.”
Martin brings 13 years of commercial real estate experience to the Managing Director’s role. He joined Avison Young as a Principal in October 2016 from Coldwell Banker Commercial, where he was a Principal and Chief Operating Officer overseeing offices in San Diego, Riverside, and San Bernardino Counties. While at Coldwell Banker Commercial, Martin received CoStar Top Office Broker awards in 2014 and 2015. He joined Coldwell Banker Commercial in 2012 as a result of its merger with CORE Real Estate Services in Temecula – a company that he co-founded and, with his partner, grew from a single office with three brokers to 30 brokers and 10 staff members across multiple locations. Prior to founding CORE, Martin was with an investment and development firm, The Garrett Group, where he provided asset management services, as well as managed the industrial and office leasing and investment sales practices.
Initially based in Avison Young’s San Diego office, he relocated to Austin in April 2017 to coordinate the launch of two new service lines – agency leasing and capital markets – in Central Texas.
“I’m thrilled to move into the Managing Director role and lead our Austin team,” says Martin. “The firm has taken the lead in successful transactions, setting the stage for me to build on that momentum. Central Texas has been a top-performing market nationwide and a great market for Avison Young. I’m looking forward to continuing our upward trajectory as part of the company’s aggressive global expansion program.”
During the past two years, Martin has represented top agency clients with transactions totaling more than $120 million, including:
- Representing tenant Airbus DS Communication in a 106,760-square-foot (sf) R&D build-to-suit, with a total consideration of over $21.5 million;
- Representing landlord KPC Summit, LLC in the lease-up of a 73,200-sf class A office building, which signified a 68,000-sf build-to-suit for Riverside County School District, with a total consideration of over $51.8 million;
- Representing both the tenant and landlord of Oshkosh Defense in the lease-up of a 61,400-sf build-to-suit R&D and repair facility for military vehicles situated on 10 acres; and
- Representing investment firm, The Garrett Group, in the development, lease-up, and sale of a seven-building portfolio, which included office and flex industrial properties totaling 222,900 sf.
In the community, Martin is active with various service programs offering support to the homeless, veterans and other citizens in need. He is an active member of Bible League, World Vision, Compassion International, Fred Jordan Missions and Far Reaching Ministries. He holds a Bachelor of Science degree in cellular and molecular biology from San Diego State University.
Martin adds: “I see a great deal of opportunity for Avison Young to continue its growth in Austin. I’m excited about the increasing capabilities of our team as we continue to recruit new members, build our reputation in Central Texas and capitalize on the region’s highly dynamic economy.”