Principal & Managing Director, Real Estate Mgt. Services Group
Randy Waites has 30 years of experience in all facets of asset management, property management and landlord leasing, having served in executive roles at global leasing and development firms before joining Avison Young in 2015 to oversee an aggressive expansion of the firm’s property management portfolio in the Midwest. Prior to joining Avison Young, Mr. Waites was the Senior Managing Director and Midwest Regional Lead of Investor Services with Cushman & Wakefield, where he drove the growth property management and landlord leasing from 4.5 million square feet to over 45 million square feet of office, industrial and retail properties for key institutional investors and owners. Mr. Waites previously served as Chief Operating Officer of John Buck International where he helped start the Great American Insurance Group, a property and asset management division based in Abu Dhabi, United Arab Emirates. Mr. Waites built a property management and consulting portfolio of approximately 10 million square feet of office, retail, mixed use and university facilities. Prior to his role with John Buck, he held an Executive Vice President, Asset Management position with Riverway, formerly Prime Group Realty Trust, a self-managed and administered publicly traded REIT, where he managed approximately 8 million square feet of class A and B Chicago and Suburban office buildings. In that role, he structured in excess of 5 million square feet of leasing and participated in the disposition of approximately 4 million square feet of office assets as well as the sale of the REIT’s controlling ownership to the Lightstone Group. Mr. Waites also acted as asset manager for approximately 38 facilities totaling approximately 4 million square feet of industrial and mixed use properties acquired from Sealy in the South, South East and Puerto Rico on behalf of Prime Group Realty Trust’s parent, The Lightstone Group.