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Avison Young welcomes Edmonton based leaders to its 2021 Principal Class

Avison Young welcomes Edmonton based leaders to its 2021 Principal Class March 15, 2021

Aileen Savage, Reed Newnham honoured with distinction at leading global commercial real estate firm

Edmonton, AB – Cory Wosnack, Avison Young Principal and Managing Director of the firm’s Edmonton office, announced today that Aileen Savage and Reed Newnham have been named Avison Young Principals based in the firm’s Edmonton office.

Avison Young is led by more than 600 Principals across the globe, and each year welcomes a new class of owners in the firm. As a private company, Avison Young Principals have a say in the future direction of the business and are invested in clients’ success, thinking for the long-term.

Aileen Savage has been with the company for nine years and specializes in human resource management, office process and procedures, operational management and keen problem-solving skills.

“Our Edmonton office has grown significantly over the past few years and achieved best-ever financial results for which these outcomes would not have been possible without Aileen’s incredible leadership running our operations. As the dynamics of the business have become more complex, Aileen has always risen to the occasion to ensure we surpassed all of our lofty objectives,” said Wosnack. “Aileen’s empathetic leadership style has been inspiring and she was instrumental in creating our mentorship structure.”

Since joining Avison Young, Aileen has been awarded both the President's Circle of Excellence Award and the Award of Excellence in the Above and Beyond category.

“When I joined Avison Young in 2011, becoming a Principal was not something I thought I would ever achieve,” said Savage. “Working with a great group of people in a company that provides everyone with an opportunity to excel allowed me the opportunity to become the first female Principal in the Edmonton office. Joining the Principal group both locally and around the globe is exciting and I am honored to have been chosen.”

Reed Newnham has been with the company for eight years. His primary business in Capital Markets is focused on the sale of investment properties and development land in the greater Edmonton area. Through the years, he has sold various properties throughout Alberta and the Northwest Territories.

“Reed is the perfect example of someone who our next generation of talent can look to for inspiration,” said Wosnack. “He has shown incredible maturity, intelligence and poise to represent our firm at the highest level. Our clients regularly comment on his stick-to-it-iveness and drive, and always with a positive attitude.”

Since 2012, Reed has become an Edmonton market leader who prides himself on completing a high volume of sale transactions. His business practice focuses on all asset classes of income producing properties and development land. Over the past several years, Reed has completed a variety of retail, industrial, office, multi-family and land transactions. He and his team act for local, regional, national, and institutional clients.

“I’ve been working toward this invitation into Avison Young’s partnership since I was first given an opportunity with the company in 2012,” said Newnham. “Becoming a Principal, to me, is recognition of the years of hard work and the trust placed in me by my clients and colleagues. I’m motivated to continue to help build my team’s market presence while delivering strong results for our clients.”

Avison Young Principals are industry leaders who exemplify the firm’s partnership structure, collaborative culture and client-centric business model. In addition, Principals have distinguished themselves in their fields of expertise while embracing the company’s commitment to creating real economic, social and environmental value.

About Avison Young

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.

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For more information:


  • Download a photo of Aileen Savage and Reed Newnham
  • Cory Wosnack, Principal and Managing Director: 780.429.7556
  • Aileen Savage, Principal: 780.702.5834
  • Reed Newnham, Principal: 780.993.1419