PHILADELPHIA, PA—Office real estate specialist Wayne Hunt has joined Avison Young in Philadelphia as a principal.
Hunt will help expand the firm’s consultation and tenant-representation practice in Philadelphia and Wilmington, says David Fahey, Avison Young principal and managing director of the company’s Philadelphia office. Hunt will continue to provide consultation and tenant-representation services to office users in those areas while emphasizing needs assessment, expense alignment, corporate efficiency and strategic planning.
“We are very excited to have Wayne join the Avison Young team in Philadelphia,” says Fahey. “Adding an experienced professional with a consultative approach to servicing clients makes for a perfect fit. Wayne is a multifaceted executive with many years of progressive institutional experience in commercial real estate as both a manager and practitioner. Avison Young will benefit from his deep local knowledge of Philadelphia and Wilmington and the strong client relationships that he has developed during his career.”
“I am delighted to join the Philadelphia office of Avison Young, an extremely professional and well-managed international real estate firm,” says Hunt. “Over the past five years, the profound local and international growth of Avison Young has been a testament to its innovative approaches and dedication to client service. The firm’s principal-led ownership structure and service-delivery model ensure devotion to client needs, and add immeasurably to the attractiveness of the brand.”
Hunt brings 42 years of commercial real estate experience to Avison Young. He was most recently a member of Tactix Real Estate Advisors in Philadelphia. His experience includes asset management, agency leasing, value-add/asset repositioning, development, acquisitions and dispositions, and tenant advisory services. He has participated in the structuring and negotiation of 11 million square feet of leases, $525 million of sales/exchanges/repositionings and $200 million of development projects.
Hunt began his commercial real estate career in Chicago, first as an asset manager with Henry Crown and Company and then as the operations manager for the Chicago Board of Trade. Since his relocation to Philadelphia, he has served as the regional president of The Galbreath Company, a senior vice president and regional manager for Jones Lang LaSalle, and an executive director at Cushman & Wakefield. Before entering the commercial real estate industry, Hunt completed four years of active duty with the US Air Force.
Hunt’s past and current clients include: MetLife, GE Capital, DuPont Capital, Textron, Christiana Care, Independence Blue Cross, Saul Ewing, Turner Construction Company, Cargill, DLA Piper and HSBC.
Hunt is a Lower Merion Township ward committeeman, past president of the Haverford Civic Association, a member of the mayor’s private sector task force, past men’s committee chair of the Devon Horse Show, Philadelphia Antiques Show volunteer and Radnor Races race committee participant. He holds an MBA in international finance from Babson College and a Bachelor of Science in finance from the University of Massachusetts.