Avison Young named Eric Stone managing director, New Jersey.

According to a Jan. 10 announcement from the company, Stone will focus on talent recruitment, client services and business development opportunities in the leadership role.

“Eric is a proven leader and long-time veteran of the New Jersey commercial real estate market and I’m excited to have him take on the role of managing director in New Jersey,” said Dorothy Alpert, principal and tri-state president of Avison Young. “Eric has a strong reputation throughout the industry and has been a natural fit for Avison Young‘s people-focused culture from the moment he joined the firm.”

Stone came on board in December 2021 as principal and regional director of real estate management services. With more than 30 years of industry experience, Avison Young said he will oversee and develop real estate services in New Jersey, collaborate with service line leaders and supervise day-to-day operations.

Stone succeeds Principal and Executive Director Jeff Heller, who established Avison Young’s New Jersey practice and has overseen its growth over the past 11 years. According to the firm, during that time he has been one of Avison Young’s top performers and recognized as one of its Annual Circle of Excellence recipients.

In a statement, Heller said he was “delighted to pass the torch to Eric, whose proven leadership experience will further advance Avison Young’s growth trajectory in New Jersey.”

The firm has offices in Morristown, Iselin and Springfield.

“I’m pleased to embrace this leadership opportunity and look forward to managing and developing both real estate brokerage and real estate management operations in New Jersey,” Stone said in a statement. “This is a transformational time for growth and expansion and I’m excited to lead Avison Young’s people first culture and client-centric goals as we kick off 2023.”