"This is a great opportunity for diversifying and expanding mybusiness and investment endeavors into a new spectrum of the realestate industry," Neal says in a prepared statement. "With theplanned growth and retooling of GVA Advantis, we will be able tooffer a wide variety of real estate expertise to a broader range ofclientele than my past businesses have allowed. Our goal in thenext five years is to continue providing the highest level ofservices to all of our clients as well as expanding Advantis'scapabilities into contiguous markets and new product areas where mystrengths can add value to the clients' businesses."
Changes in GVA Advantis' mandate include new growth targetswithin markets--in which they are already active--and a change inheadquarters from Atlanta to Washington, DC.
Richard Pogue, former president of Koll Northern California andchairman of CBRE's Canadian operations, is the new CEO of GVAAdvantis. Pogue and Neal did not respond in time for deadline.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
