Kilroy Realty has made several changes to its executive team, including promotions and new hires. Eliott Trencher, currently serving as EVP, Chief Financial Officer and Chief Investment Officer, will remain as CFO until August 18th of 2024. After that date he will continue on as EVP and Chief Investment Officer while also overseeing asset level strategic planning across the company’s portfolio.
Jeffrey Kuehling has been appointed to the role of Executive Vice President and CFO effective August 19th of 2024. He joins Kilroy from Brixmor Property Group where he held various roles since joining in 2018.
Lauren Stadler has been promoted to Executive Vice President General Counsel and Secretary with immediate effect. She brings over a decade of experience with Kilroy having previously served as Senior Vice President Corporate Counsel.
Michael Schmidt is joining Kilroy Realty as Senior Vice President Leasing for their Northern California region starting on August 19thof this year. With over two decades worth of office experience across multiple West Coast markets Mr.Schmidt most recently worked at Lake Washington Partners before moving onto Columbia Property Trust where he led leasing efforts for their West Coast properties.
CBRE welcomes Ben Wobschall to their team in San Diego where he will serve alongside Kristina Metzger on the Data Center Capital Markets team in his role as Executive Vice President.Wobschall comes from Principal Asset Management where he was Managing Director Portfolio Management leading the Principal Digital Real Estate Fund launched last year.He brings extensive experience negotiating joint ventures while leading acquisitions/dispositions/developments totaling $5 billion across data centers/industrial/office/retail/multifamily properties throughout his career spanning two decades.
Ware Malcomb announced today that Smita Gupta has joined themas Regional Director responsible for leading operations at Ware Malcomb’s San Diego offices.She joins an existing leadership team tasked with driving growth/diversification in the region.Gupta previously served as a senior member of Genentech’s in-house design and engineering team where she played a key role in expanding their real estate portfolio, showcasing her strategic planning and execution abilities.
After 21 years with KTGY, David Obitz will retire from his role as Principal on July 31stof 2024. Effective August 1stAlan Scales will take over leadership of the studio.Scales brings extensive experience having been with KTGY for over two decades.
Nadia Geller Designs (NGD) has completed interior/exterior design installation at The Parker,a seven-story multifamily development by Cityview located in Los Angeles’ Pico-Robertson neighborhood.The mixed-use building features123 residential units ranging from studios to two-bedroom layouts above storefront commercial space,and is situated just one mile away from the Los Angeles Museum of Art.
DAUM Commercial Real Estate Services announced that following successful value-add/leasing strategies implemented by owners Focus Real Estate/Long Wharf Capital,the property has been sold to a private investor.Fully occupied,the triple-net-leased industrial building comprises three separate units anchored by Sherwin-Williams.Its total consideration was $7 million ($374 per square foot),resultingin an incoming cap rate at closing of5.20%.
Landsea Homes Corporation has broken ground on Mason,in Anaheim which is its newest Orange County community.Residents can expect common area amenities including picnic tables/bar counter/lounge area within this corner development featuring three-story townhomes offering four different floorplans ranging between772 square feetand2,007square feetwith options for up to four bedrooms.Sales are expected later this year.
BBG welcomes Brian Tankersley MAI MRICS as Managing Director responsible for leading operations out of their new office locationat700 South Flower Street,Tankersley joins BBG after serving Principal Digital Real Estate Fund launched last year.He brings expertise negotiating joint ventures while leading acquisitions/dispositions/developments totaling $5 billion across data centers/industrial/office/retail/multifamily properties throughout his career spanning two decades.
Suffolk,one of the largest and most innovative real estate/construction enterprises in the country,is pleased to announce that Leif Johnson has joined their Aviation team on the West Coast as Project Executive.Johnson brings strong relationships/experience managing airport construction projects/a commitment to leveraging technology/data for increased efficiencies.He will leverage this knowledge of aviation/client needs to manage project execution/support business development efforts,enabling Suffolk’s continued expansion/growth within the region.
Brandon Shelton,a corporate attorney with expertise tailored towards start-ups/corporations/Limited Liability Companies (LLCs)/emerging companies/Venture Capital financing/Mergers & Acquisitions/commercial transactions/intellectual property protection,has joined Strategy Law LLP based in San Jose.Shelton also serves as outside general counsel guiding businesses through formation/agreements required for ongoing operations,and has led clients through various types of financings including preferred stock/Safe rounds/crowdfunding. He also has extensive M&A experience having helped clients navigate equity and asset purchase/sale processes.
Gildred Companies welcomes Doug Sundstrom as Vice President Investments.Sundstrom brings a wealth of experience in asset management and leadership,having previously served at other firms tasked with overseeing Southern California real estate portfolio encompassing nearly one million square feet.In his role he will be responsible for maximizing value/optimize financial performance by providing strategic direction on leasing/acquisitions/dispositions.
