WASHINGTON and SEATTLE, October 8, 2009 – Less than one month after establishing a regional headquarters office in Washington, D.C., FirstService Real Estate Advisors ("FirstService REA") has added two of the region's top retail brokerage specialists to its growing team.
Tim Hague, Executive Managing Director of the Washington, D.C. office, marked the arrival of Scott Thiell and Roger Carlson, the former First Retail Partners team, as a significant development in the evolution and rapid expansion of FirstService REA's regional and national retail platform.
"Scott and Roger each have more than 20 years of experience representing many of the most dynamic retail tenants hailing from a variety of retail sectors," said Hague. "With these dynamic brokers at the helm of our new Retail Services Group platform, our Mid-Atlantic retail practice will be a formidable player in the market. In addition, their regional relationships will prove extremely valuable and allow us to hit the ground running as we continue to expand our business."
Thiell and Carlson most recently owned and operated First Retail Partners, which they founded in 2006. The duo represents a host of high-profile retailers including Trader Joes, Panera Bread, HSBC Bank, Pret A Manger and Advance Auto Parts, among others. Prior to founding First Retail Partners, Scott and Roger helped form Washington-based Madison Retail Group and subsequently worked there for seven years. The team also worked for The Charles E. Smith Company prior to joining Madison Retail Group. Another former First Retail team member, Jason Yanushonis, has also joined the firm as a Director.
"We are thrilled to have joined FirstService REA as the firm rapidly expands its full-service platform into strategic markets such as the Capitol Region," said Scott Thiell, who now serves as Co-Managing Director of the Retail Services Division for FirstService REA. "We also are excited to marshal our expertise as retail brokerage specialists under such a strong global platform," said Roger Carlson, who also serves Co-Managing Director of the new division.
A primary focus of the Retail Services Division will be a continuation of the Tenant Representation services, with a renewed focus on property leasing, urban/downtown Leasing and Investment Sales.
FirstService REA's recently launched Property Management Division will also collaborate with the Retail Services Division. Formed in early September with the appointment of 25-year industry veteran Mike Kent as president, the FirstService REA Property Management Division will target institutional property owners and investors who require more specialized and integrated real estate services. Working in tandem with this larger Division, Thiell and Carlson will form a sub-practice exclusively focused on retail tenants and landlords representing both single assets and portfolios throughout the nation.
About FirstService Real Estate Advisors
FirstService Real Estate Advisors ("FirstService REA") is the emerging leader in the global professional services industry. As the fastest growing and fourth largest commercial real estate services firm in the world, FirstService REA has strategically integrated industry leading service providers in key areas of specialization to deliver consistent and measureable results for occupiers, developers and investors in real estate. FirstService REA operates in 37 countries around the world. In North America, FirstService REA provides services through the leading real estate brands; FirstService REA, Colliers International, FirstService Williams, PGP Valuation, PKF Hospitality, and MHPM Project Leaders.
About FirstService Corporation
FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U) is a global diversified leader in the rapidly growing property services sector, providing services in the following three areas: commercial real estate, residential property management; and property services. The industry-leading service platform includes: FirstService Real Estate Advisors, the fourth largest global player in commercial real estate services; FirstService Residential Management, the largest manager of residential communities in North America; and TFC, North America's largest provider of property services through franchise and contractor networks.
FirstService generates more than US$1.7 billion in annualized revenues and has more than 18,000 employees worldwide. More information about FirstService is available at www.firstservice.com.