MELVILLE, N.Y., – January 28, 2015 – (RealEstateRama) — Cushman & Wakefield’s Long Island office has added two more commercial real estate professionals to its rapidly growing roster.
Tim Heck has joined as a research analyst and Matthew Avelar joins the brokerage team as an associate.
Heck, who formerly served as analyst for Carlstadt, N.J.-based H&H Realty, a residential real estate firm, now develops analysis and reports on the area’s commercial real estate market and local economy for Cushman & Wakefield.
Heck supports brokers and their clients by providing analysis and insight into industry-wide and market-specific occupancy trends and costs, benchmarking studies and forecasting. He also updates and maintains Cushman & Wakefield’s database of buildings, availabilities, tenants in the market, and lease comparables and sales records, as well as primary research, data-driven analysis and forecasting for the office and industrial sectors of Long Island.
A graduate of Vanderbilt University, Heck also has an M.B.A. in Finance from the Rutgers University Business School.
“To successfully compete as a global corporation, research is the basis for sound analysis which leads to decisions which stand the test of time,” said David Pennetta, Executive Director and Managing Broker for Cushman & Wakefield Long Island. “Tim has the pedigree, real estate experience and the team spirit to head our efforts in this critical endeavor.”
Associate broker Avelar will focus on generating new clients, assisting the teams at Cushman & Wakefield. Avelar will specialize in both tenant and landlord representation for transactions in Nassau, Suffolk, and Queens counties.
Avelar launched his real estate career as a sales agent for Daniel Gale Sotheby’s International. While attending Lynn Business School, he worked directly with commercial real estate developers through a South Florida public relations firm.
“Matt represents the generation which Long Island forgot,” said Pennetta. “He joins C&W-LI with New York City brokerage experience and knowledge of real estate development and leasing. He also is an expert in leading edge social media and virtual networking.”
About Cushman & Wakefield
Cushman & Wakefield has the longest history of any other global real estate company serving the Long Island market, advising and representing clients on all aspects of property occupancy and investment. Founded in 1917, C&W has about 250 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management.
Contact: David Pennetta