Avison Young snags top CBRE retail broker

Canadian firm hired Jedd Nero to lead new local store leasing division
By Adam Pincus | May 16, 2014 09:59AM

The Toronto-based brokerage firm Avison Young poached veteran retail leasing broker Jedd Nero from CBRE Group to lead the New York office’s push into store leasing, Avison Young said in a statement.

Nero, who starts today at Avison Young, is a principal and executive managing director at his new firm and is the sole member of the retail group he’s charged with building up.

He did not bring any other brokers or salespeople from CBRE, he told The Real Deal.

“Right now it is just me. I am scouting and looking for people to join and already have several conversations with people who are interested,” Nero said. “It is a very exciting time and I am thrilled to be here, to join the firm as a principal and to grow the retail department.”A spokesperson for CBRE declined to comment.

Nero, a 25-year veteran, recently represented the landlord Western Management when H&M leased 56,700 square feet at 589 Fifth Avenue in 2012.