Danny Nikitas, Avison Young principal and managing director of the firm’s Chicago office, announced today the strategic hiring of highly regarded commercial real estate industry veteran Chris Lydon.
Effective immediately, Lydon and fellow new hire Chris Tecu become principals of Avison Young and will work as a team while focusing on industrial brokerage services. Both will be based in the firm’s Rosemont, IL office.
Lydon was most recently a senior director with Cushman & Wakefield in Chicago. He and Tecu previously worked together at Trammell Crow Company in Chicago.
“We’re thrilled that Chris Lydon and Chris Tecu have joined us in Chicago,” said Nikitas. “We have known them for many years as strong industrial brokerage professionals who have held various positions within the industrial real estate sector. Between them, they have more than 40 years of experience, and their reputations are impeccable in the industry.”
Lydon brings 25 years of industry experience to Avison Young. During his career, he has been involved in transactions covering more than 100 million square feet with an aggregate value in excess of $950 million. A consistent top producer, he has represented institutional owners and users on both a local and national level while serving in the roles of broker, owner and developer. Lydon’s past and current clients include Sears Holding Corporation, Seefried Properties, Liberty Property Trust, Panattoni Development, Wirtz Realty Corp., Invesco, 3D Exhibits, Prologis and Morgan Stanley, among others.
Lydon is a member of the Society of Industrial and Office Realtors (SIOR) and the Chicago chapter of the Association of Industrial Real Estate Brokers (AIRE).
“We look forward to our new venture here at Avison Young, and to leveraging the company’s full-service platform,” said Lydon. “The principal-based ownership model was highly attractive to us, as it allows us to participate in the company’s overall decision-making process. We were very familiar with some of the existing industrial brokerage professionals and felt that we shared a similar vision in relation to the overall industry. The client-first attitude that exists at Avison Young will continue to be our emphasis moving forward.”
Over the past nine years, Avison Young has grown from 11 to 82 offices and from 300 to more than 2,600 real estate professionals in Canada, the U.S., Mexico and Europe.
