By Tina Traster
Avison Young has named Eric Stone as a principal and regional director of real estate management services, the firm announced.
Stone, who will be responsible for leading and growing Avison Young’s management offerings in New Jersey, Philadelphia, Long Island and Fairfield and Westchester counties, will be based in the company’s Morristown office. He is also tasked with expanding the firm’s reach in Boston.
“Eric is a proven leader in the property management space, with a deep industry knowledge, extensive experience and strong regional relationships that will bring tremendous value in bolstering our REMS platform across the Northeast,” said Dorothy Alpert, principal and tristate president of Avison Young. “Adding Eric to our team underlines Avison Young’s commitment to recruiting and retaining top local talent to provide our clients with best-in-class service across all lines of business. We are excited to have Eric join the Avison Young team.”
Stone, a 30-year commercial real estate veteran, has worked for several institutional and third-party management firms overseeing property management efforts across the Northeast. Most recently, he was responsible for a portfolio of 23 million square feet across New Jersey, Fairfield and Westchester counties, Philadelphia and Pittsburgh.
“I’m thrilled to join Avison Young and continue to expand the firm’s strong in-place REMS team,” Stone said. “Avison Young’s tech-forward resources and people first culture solidified my confidence in the firm being the right next step in my career.”
Stone has served on several boards and committees, including publicly elected offices, according to a news release. He has also won industry accolades such The Outstanding Building of the Year Award from the Building Owners and Managers Association International.
“Eric’s professional record of managing REMS across the Northeast region was the ideal fit as we looked to tap into a seasoned local leader to grow and oversee our regional team,” said Randel Waites, principal and managing director of U.S. real estate management services at Avison Young. “We look forward to partnering with Eric and leveraging his expertise and skillset as we continue to provide invaluable service to existing clients and win new business.”
Tina Traster is a freelance writer and the editor of Rockland County Business Journal. She is also a former business writer for Crain’s New York Business, real estate writer for the New York Post and staffer at the Bergen Record.