Randel ('Randy') Waites Email Address

Principal and Managing Director

Founded in 1978, Avison Young is the largest Canadian-owned, principal-led commercial real estate in North America.

COMMERCIAL REAL ESTATE EXECUTIVE – Building client-centric publicly traded and privately held CRE organizations through global collaboration and serious gravitas. Senior leadership executive renowned for driving extraordinary value through the development and delivery of creative solutions and best practices throughout all aspects of commercial real estate companies and trusts. With a combination of executive leadership finesse with operational expertise and financial acumen, I have consistently been recruited and promoted into transformational senior leadership roles. Highlights include: • Created Avison Young’s commercial real estate services firm asset management/property management business in Chicago market and drove exponential growth. • Instrumental in driving national growth of the world’s fastest-growing CRE, through development and roll out of unified infrastructure and operations procedures and processes. • Collaborate on major acquisitions, dispositions, large capital and lease transactions as a member of the Board of Directors of a privately held, REIT. Instrumental in establishing the Governance for approvals of large capital spends. Authored the Investment Committee Charter governance document. • Represent Owners and Managers in a multitude of civil, commercial and social issues as a member of BOMA National Advisory Committee and BOMA Chicago. • Led start-up Abu Dhabi property development/property management JV. Established and formalized an operating model, launching a property/facility management department introducing best practices. Built a multi-million sq. ft. property management/consulting portfolio. • Drove the restructure and growth of a global commercial real estate company’s key market third party management and leasing service lines that increased revenues +300% in 3 years • Increased value, structured and negotiated some of Chicago’s largest and most high-profile lease transactions for over 5M sq. ft. • Won over 40M sq. ft. of new management and leasing assignments. Recent Awards: * Property Management Professional of the Year 2018 * Circle of Excellence 2017 * Commercial Real Estate Hall of Fame 2017 *Certified public accountant *Illinois Real Estate Broker #475.1566137