SDBJ.COM SAN DIEGO BUSINESS JOURNAL Vol. 40, No. 50 THE COMMUNITY OF BUSINESS™ December 16 – 22 , 2019 • $3.00

SPECIAL EDITION • THE MOST INFLUENTIAL PEOPLE IN SAN DIEGO DECEMBER 16, 2019 REAL ESTATE | 53

GARY ACOSTA BEN BADIEE CO-FOUNDER & CEO, NATIONAL ASSOCIATION OF CEO AND PRESIDENT, BADIEE DEVELOPMENT HISPANIC REAL ESTATE PROFESSIONALS Ben Badiee is the founder and CEO of BDI for 30 years. Gary Acosta is the co-founder and CEO of the National Badiee and his frm have developed millions of square Association of Hispanic Real Estate Professionals, which feet of Class A real estate industrial projects. BDI is is the nation’s largest Hispanic business organization with expanding in Las Vegas and other Western states. Badiee over 30,000 members and 75 local chapters. As CEO, he has founded more than 10 successful ventures in sofware, created the Hispanic Wealth Project, a non-proft with agricultural, manufacturing and online banking. Badiee a strategic plan to triple Hispanic household wealth by also is chairman/ambassador of San Diego’s Singularity 2024. Acosta has also founded or co-founded several University, which ofers executive educational programs mortgage, real estate and technology companies and is a business incubator. He is also involved in a variety of mentorship programs.

JAY ALEXANDER ROGER BALL MANAGING DIRECTOR, JONES LANG LASALLE PRESIDENT AND CEO, RICK ENGINEERING CO. Jay Alexander has led the San Diego ofce of the na- Roger Ball has been president and CEO of Rick tional commercial real estate brokerage JLL since 2010, Engineering since 2006 and is responsible for overseeing overseeing a team of more than 30 and operations fom the frm’s operations, providing multidisciplined marketing and planning to tenant representation, cor- planning, design, engineering and surveying services porate services and dealing with capital markets. He has fom seven ofces, including locations in Arizona, San been involved in some of the market’s biggest transac- Luis Obispo, Sacramento and San Diego. Ball joined tions, including the $39.5 million sale of the San Diego Rick Engineering in 1974 as a drafsman. Ball is active Tech Center, a 192K SF lease with Sony Entertainment in professional groups, including the American Society and a $256 million transaction. of Civil Engineers, and in civic groups.

DONALD ANKENY PAUL BARNES PRESIDENT AND CEO, WESTCORE PROPERTIES DIVISION PRESIDENT, SHEA HOMES SAN DIEGO Donald Ankeny has been with Westcore Properties Paul Barnes was named division president of Shea since 2005 and presides over the company’s domestic Homes San Diego in 2004 and is responsible for the portfolio of ofce and industrial properties, which proftability of the division and oversees strategic totals more than 20 million square feet valued at more and tactical decisions. Shea Homes has projects in than $1.5 billion. He also has a key role growing the Encinitas, Carlsbad, Escondido, Chula Vista and at company’s investment and operating platform with his Civita in Mission Valley. Barnes serves on many civic experience in capital markets. Ankeny has overseen and nonproft boards, including Habitat for Humanity the acquisition and management more than $4 billion and the San Diego Building Industry Association. in industrial and ofce assets totaling more than 35 million square feet.

BRIAN ARRINGTON JASON BARRY FOUNDING PARTNER AND CHAIRMAN, LUXURY REALTOR, BARRY ESTATES PACIFIC SOTHEBY’S INTERNATIONAL REALTY The Jason Barry Team has sold over $3.5 billion and Brian Arrington has built Pacifc Sotheby’s Interna- continues to represent more high end sales than any other tional Realty into market leader for sales volume. The San Diego agent or team. In 2019 YTD, there have been 20 frm acquired 12 Sotheby’s International Realty ofc- sales over $8,000,000 and Barry Estates has represented es in Orange, Riverside and Los Angeles counties. The 10 of those sales. Jason has facilitated some of the most new entity covers fom Long Beach to the Mexican expensive homes to have sold in San Diego’s luxury border and is one of the largest Sotheby’s fanchises communities: Rancho Santa Fe, La Jolla, Del Mar, Solana with more 30 ofces, more than 900 agents and sales Beach, Carlsbad, Downtown San Diego and Point Loma volume exceeding $6 billion. Arrington began his real Due to his expertise in the luxury real estate market, estate career in 1991.

GUY ASARO LAURA BARRY PRESIDENT AND CEO, MERIDIAN DEVELOPMENT LUXURY REALTOR, BARRY ESTATES Guy Asaro founded Meridian Development in 2014 Ranked the number one volume producing agent for afer seven years as president of McMillin Homes, a over a decade in San Diego, Laura Barry is a real estate division of the Corky McMillin Cos. Asaro and Meridian titan who yields unparalleled results. Laura has teamed are leading the management of the massive 210-acre up with former hedge fun, private banking, and fnance Millenia master planned development in Chula Vista expert, Jim Graves, to ofer clients an unprecedented that will eventually have 3,000 homes, 2 million personalized experience. They have fnished 2019 strong square feet of ofce space, 1.5 million square feet of with over $250+ million in closed transactions and have retail, hotels and parks. He has served on the board of represented more homes sold than any other agent for $5 the Building Industry Associations of San Diego and million or greater in all San Diego. California.

MICHAEL ASARO MARTEN BARRY PRINCIPAL, DELAWIE FOUNDER AND PRESIDENT, NAI SAN DIEGO Mike Asaro joined Delawie in 1992 and was named a Marten Barry founded NAI San Diego, a commercial frm principal in 2003. His knowledge and expertise real estate and property management company, in have grown with his involvement on a wide variety 1997. He specializes in ofce, industrial and investment of projects including space for advanced technology, transactions as a tenant and owner representative, with corporate ofce, manufacturing, hospitality and an emphasis in central San Diego. He has executed education. He and has served as principal-in-charge on more than 2,000 leases and 300 sales, totaling over one many of the frm’s commissions for Qualcomm Inc., billion dollars in consideration. Barry also oversees the as well as designing the Veterans Village Transitional property management side of the business – including Housing, Enlisted Quarters for the Navy and Marines, his own commercial and multifamily investments. and a dozen projects for Qualcomm. 54 | REAL ESTATE DECEMBER 16, 2019

WOLF BIELAS BRETT COMBS MANAGING PARTNER, DOWNTOWN WORKS COWORKING BROKER ASSOCIATE / PRESIDENT, Wolf Bielas is co-founder and managing partner at COMPASS / P.S. PLATINUM Downtown Works Coworking, a facilities services Brett Combs sold his real estate brokerage frm, P.S. company that touts inspiring, fexible coworking space. Platinum, to Compass, a New York-based real estate The company was launched in 2016 on B Street in technology company. Combs continues to operate the downtown San Diego. It is not Bielas’ only business local fanchise, which he founded in his hometown of venture. Among several other things, he also serves as Del Mar in 2001 and grew to 40 agents with ofces in managing partner of Wolfpack Ventures, an investment La Jolla, Del Mar, Solana Beach and La Costa and a sales company involved in the real estate, technology, volume of more than $300 million. Combs has worked hospitality and entertainment sectors. Bielas is also a in marketing and business development. board member for Aquai.

MARY LEE BLAYLOCK DENNIS CRUZAN PRESIDENT AND CEO, BERKSHIRE FOUNDING PARTNER, CRUZAN HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES Dennis Cruzan continues to be associated with some Beginning her career in 1993 as a REALTOR® in of the region’s biggest deals. Cruzan and investment Minneapolis, Mary Lee successfully managed various partner Cigna sold the DiamondView ofce tower in real estate ofces before being promoted to Vice downtown San Diego’s East Village for $207 million. President of the relocation division of Edina Realty. Cruzan acquired the property in 2012 for $121 million. From 2004 – 2014 Mary Lee was honored to start and Cruzan and pension fund TIAA-CREF sold a two- serve as President of the national and international building Del Mar Heights ofce property for $86.5 company, HomeServices Relocation, LLC. In 2016 she million. Over the years, Cruzan held executive positions was promoted to President and CEO. with JMI Realty, Burnham Real Estate (now Cushman & Wakekfeld) and OliverMcMillan.

LESLIE BORGES STEPHEN CUSHMAN PRESIDENT, SPECTRUM PROPERTY MANAGEMENT FOUNDER, CUSH ENTERPRISES Since 2006, Leslie Borges has worked for Spectrum Steve Cushman is a fourth-generation San Diegan Property Management, the largest privately owned whose career includes real estate development, auto commercial property management frm in San Diego. dealers and being key advisor to mayors, councils and Spectrum ofers clients a full range of services, managing commissions. He served as a commissioner for the San 12-million-plus square feet of retail, ofce, medical and Diego Unifed Port District fom 1998 to 2010. He has industrial space throughout Southern California. It is served on more than 70 boards. His family owns the 100 percent women owned and operated, including Grossmont Center retail property in La Mesa, and the Borges, who worked her way up fom Chief Financial Cushman Foundation has donated millions to local Ofcer to President. She spent six years in the CFO seat causes, including the Jacobs & Cushman San Diego before becoming president in 2015. Food Bank.

RITA BRANDIN NATALIE DAHL SENIOR VICE PRESIDENT AND DEVELOPMENT DIRECTOR, MANAGING DIRECTOR, CBRE NEWLAND COMMUNITIES Natalie Dahl is CBRE’s managing director for investor Rita Brandin has more than 30 years experience in real services in the San Diego region, comprised of more estate operations and development. She is responsible for than 250 real estate professionals in Carlsbad and UTC. the leadership of Newland’s commercial and urban mixed- Dahl’s accolades include receiving CBRE’s Manager use development projects. She leads the development Innovation Award for leading the rollout of CBRE Deal team for Newland Sierra, an approved master-planned Flow, the company’s property sales listing and marketing community of 2,135 homes, open space, parks and platform. She is a board member of NAIOP, Downtown commercial, along the I-15 corridor in North County. She San Diego Partnership and Burnham Moores Center for also led the development of Symphony Park, a downtown Real Estate at USD. Las Vegas public-private development.

MARC BRUTTEN WILLIAM DAVIDSON CHAIRMAN AND FOUNDER, BRIXTON CAPITAL PRESIDENT AND FOUNDER, DAVIDSON COMMUNITIES Marc Brutten founded and chairs real estate investment As President and Founder of Davidson Communities frm Brixton Capital. He also founded and chairs private since 1978, William Davidson has built more than 5,000 holding company BruttenGlobal, which among it and homes in 45 new home communities for a total val- its afliates have acquired, owned and operated more ue of more than $2 billion. The company focuses on than 30 companies and 39 million square feet of real constructing high quality luxury homes of architectural estate assets. Brutten has raised more than $4 billion distinction in San Diego, Orange County and the San of debt and equity for its investments. Brutten also Francisco Bay Area. Davidson has been honored by the the founder and chairman of Westcore Properties and Building Industry Association of Southern California served as president of Shidler West Inc., founded the and the Pacifc Coast Builders Conference. Brutten Family Foundation in 1996.

JOHN P. CASE DEREK DAVIS CEO, REALTY INCOME CORP. PRESIDENT, DAVISREED CONSTRUCTION John Case joined Realty Income Corp. in 2010 as Derek Davis was one of four founders of the general executive vice president and chief investment ofcer contracting frm in 2002 and in recent years has grown and in 2013 was promoted to president. Realty Income the company to employ about 80 people with revenue is a REIT focused primarily on long-term triple net of $235 million. DavisReed built the Pendry San Di- retail leases and has annual revenue of more than ego hotel and the Carte Hotel downtown. The frm is $1 billion. Case has been responsible for more than headquartered in San Diego and also has ofces in Los $100 billion in real estate capital markets and advisory Angeles, Sacramento and Palm Desert. Davis said the transactions in his career. recession forced the company to become more refned in its bids for public sector work. 56 | REAL ESTATE DECEMBER 16, 2019

PERRY DEALY DELINDA FORSYTHE PRESIDENT AND CEO, DEALY DEVELOPMENT INC. CEO, INNOVATIVE COMMERCIAL ENVIRONMENTS Perry Dealy’s company has led major local developments, DeLinda Forsythe, CEO of Innovative Commercial Envi- and he also served as the top supervisor on projects by ronments, founded ICE fom a spare bedroom in 2006. Douglas Manchester including the Manchester Grand ICE is considered San Diego’s most creative ofce and Hyatt San Diego and Grand Del Mar Resort. Dealy now hospitality furniture dealership and is the exclusive dis- plays a similar role in developer Manchester’s $1.5 tributor of Teknion, a leading global furniture manufac- billion mixed-use redevelopment of the U.S. Navy’s turer. ICE achieved Teknion Platinum status in 2019, downtown headquarters. His frm has also worked on half the time of any previous Teknion dealership. ICE expansions of San Diego Convention Center and San has been on the Inc. 5000 6 times; achieved by only Diego International Airport. 3% of US companies. In an industry with single digit growth, ICE averages 40-85% annually.

STEPHEN EASLEY JOHN D. FRAGER PRESIDENT AND CEO, G/M BUSINESS INTERIORS EXECUTIVE MANAGING DIRECTOR, CBRE Stephen Easley has been the president, CEO and own- John D. Frager is regional leader for CBRE’s San Diego er of the company since 1989 and has grown it to be and North Baja Mexico business. Frager also acts as largest independent ofce furniture dealer in Southern chief of staf for the Pacifc Southwest Division. He has California with ofces in downtown San Diego, Sorren- spent over 33 years in commercial real estate. He has to Valley, Riverside and Irvine. G/M now has more than been involved with Big Brothers Big Sisters, Pathfnder 260 employees. G/M has been awarded major projects Partners, San Diego Regional Chamber of Commerce, for Sempra Energy, Illumina, Great Call, Becton Dickin- University of San Diego Board of Trustees and YPO. He son and Mission Federal Credit Union. received CBRE’s Market Leader of the Year Award for the Americas for 2018.

TIFFANY ENGLISH SCOTT FREE CEO, PRINCIPAL, WARE MALCOMB LUSARDI CONSTRUCTION CO. As a principal at Ware Malcomb since 2013, Tifany Scott Free got into the construction business with his English is responsible for business development and father and brother, who founded Free Builders Supply managing the San Diego ofce. She also oversees work Inc. in Vista. He began as a laborer and project engineer. in the Phoenix and Latin American markets. She is He joined Lusardi Construction in 1970 and, as CEO, he LEED certifed and counts sustainable design and green has grown the San Marcos-based company into one of building in her book of skills. She is a past president the largest commercial and industrial builders in San of Commercial Real Estate Women (CREW) and is ac- Diego County. They are responsible for projects such tive in several industry organizations. Ware Malcomb as the Tri-City Wellness Center, The 4S Ranch Village, has been named a top 500 design frm by Engineering Mission Hills High School and many other secondary News Record. schools across the county.

JEFFREY ESSAKOW YEHUDI GAFFEN PRESIDENT, PROTEA PROPERTIES LLC CEO, GAFCON INC. A South Afica native, Jefey Essakow heads property Yehudi “Gaf” Gafen is leading the $1.2 billion Seaport development and management companies including La Village redevelopment, a 70-acre site on the Embarcade- Jolla-based Protea Properties LLC and Protea Holdings ro. He is the project manager and co-developer along LLC. He is teaming with Yehudi Gafen and Jef Jacobs in with Protea Waterfont Properties partners Jefey Essa- Protea Waterfont Development LLC, which was chosen kow and Jef Jacobs. Gafcon also is project manager for to redevelop what’s now Seaport Village with a $1.2 portions of a massive waterfont project in Shanghai. billion mixed-use project. His past project involvement Gafen has been involved in domestic and international includes the popular Flower Hill Promenade retail construction for over 35 years, working for construc- center in Del Mar and Rancho Valencia Resort & Spa in tion companies, construction managers and real estate Rancho Santa Fe. developers.

DON FAYE STEVE GAMES PRINCIPAL, PRESIDIO RESIDENTIAL CAPITAL MANAGING PARTNER AND CEO, PACIFIC SOTHEBY’S INTERNATIONAL REALTY As a principal of Presidio Residential Capital since 2009, Don Faye has brought 30+ years of residential real Steve Games has been a key component in growing three estate experience and fnancial expertise to assembling residential real estate frms to among the top of the mar- the team of professionals who peerform the underwrit- ket. In 2012 he joined Brian Arrington and Nyda Jones- ing, entitlement processing, asset and monthly capital Church at Pacifc Sotheby’s International, which they management needs for the company. Headquartered built into the market leader with sales volume of more in San Diego, the frm provides capital in the form of than $4 billion, with 22 ofces, supporting more than joint ventures for the entitlement, development and 500 jobs. The frm acquired Hom Sotheby’s International build-out of for-sale residential projects throughout the Realty, based in Orange County, making it one of the larg- Western United States. est Sotheby’s fanchises.

AARON FELDMAN FOUNDER AND PRESIDENT, SUNROAD ENTERPRISES Aaron Feldman in 1977 founded Sunroad Enterprises, which would go on to become a signifcant local force in real estate development and auto dealerships. The development division has built many projects in the market, ranging fom ofces and apartments to hotels and marinas. Aaron Feldman is an active member of the Chief Executives Organization and the World Presidents Organization, and a past member of the University of California and San Diego’s Chancellor’s Associates and the Institute of Americas. DECEMBER 16, 2019 REAL ESTATE | 57

PETE GARCIA DAVE HAMMAR PARTNER, I.D.E.A. PARTNERS LLC PRESIDENT AND CEO, HUNSAKER & ASSOCIATES Pete Garcia is a co-founder and partner in the Dave Hammar is president of Hunsaker & Associates, I.D.E.A. District. As an urban mixed-use initiative which provides planning, engineering, and surveying downtown, it is focused on innovation, design, ed- through the Southwest and Hawaii. He started with the ucation and the arts. Their frst project, IDEA1, frm in 1987. Their portfolio of projects includes Otay opened in late 2017. Partner, Urban Interventions Ranch Heritage Park, San Elijo Hills Town Center, La creates and funds public art and events to transform Costa and the Crosby Estates. He is active in local trade under-served urban areas. Garcia is the past Chairman groups, has served on the board of the Building Indus- of the San Diego Regional Economic Development try Association San Diego chapter for many years and is Foundation and other civic and industry groups. currently the vice chair.

WILLIAM W. GERRITY JEFFREY HARPER FOUNDER AND CEO, GERRITY GROUP OWNER AND PRESIDENT, HARPER CONSTRUCTION CO. Bill Gerrity is the founder and CEO of Gerrity Group, Jefey Harper is the owner of Harper Construction which invests in, owns and operates neighborhood and Co., a design-build frm founded in 1974 by his father, community shopping centers throughout the Western Ron. Harper’s current local projects include the F35 U.S. and Asia. Privately held, the company acquires, Aircraf Hangar & Apron at MCAS Miramar as well as leases, and manages neighborhood and community re- two renovation projects at the Naval Air Station North tail real estate in partnerships with institutional inves- Island, Coronado. The company was awarded a task or- tors, including Morgan Stanley, the Washington State der to build a F35 Simulator Facility at Miramar, in- Investment Board, endowments and pension funds. He cluding administrative and conference spaces as well serves on the board of New America, a Washington as classrooms. D.C.-based think tank.

MARK GLEIBERMAN J. KEVIN HEINLY FOUNDER AND CEO, MG PROPERTIES GROUP MANAGING DIRECTOR, GENSLER Since founding MG Properties Group in 1992, Mark Kevin brings over 25 years of experience to his role as has overseen the acquisition, development, and man- managing director of Gensler’s San Diego ofce. His re- agement of 147 apartment communities totaling over sponsibilities include project & client leadership, busi- 33,000 units with a value of $6.9 billion. MG Properties ness development, and mentorship. His career includes has a current portfolio of 76 properties with over 21,000 exposure to a wide variety of project types including apartment homes with a value of $5 billion in Califor- ofce buildings, higher education, retail, entertainment nia, Washington, Oregon, Arizona, and Nevada. Ernst and mixed-use projects and since relocating to San Di- and Young announced Mark as a winner of the Entre- ego in 2009 the ofce has grown fom 15 to over 120 preneur Of The Year® 2018 San Diego Awards program. team members.

ALAN GOLD ERIC HEPFER FOUNDER, INNOVATIVE INDUSTRIAL PROPERTIES INC. DIRECTOR, HINES Alan Gold is known best for founding and growing Eric Hepfer leads international real estate develop- BioMed Realty, which Blackstone Group acquired for $8 er Hines’ San Diego ofce. Among other projects, he billion in 2016. He founded Innovative Industrial Prop- oversees the development of Riverwalk in Mission Val- erties Inc. focused on acquiring medical-use cannabis ley, San Diego’s frst true transit-oriented village. The facilities. It completed a $67 million stock ofering and product of years of planning and community outreach, began trading on the New York Stock Exchange. Gold Riverwalk encompasses approximately 200 acres and founded BioMed Realty in 1996 to serve the unique re- include a new trolley station, approximately 4300 units quirements for real estate for biotech companies. of housing, including 400 afordable units, 100 acres of parks and open space, 152,000 square feet of retail space and 1 million SF of ofce campus.

ROBERT S. GREEN JR. JASON HUGHES PRESIDENT AND CEO, THE ROBERT GREEN COMPANY PRESIDENT AND CEO, HUGHES MARINO Founded more than 15 years ago by San Diego native Jason Hughes is president, CEO and owner of Hughes Robert S. Green Jr., The Robert Green Company is a Marino, one of San Diego’s leading commercial real es- privately held, commercial real estate development tate and construction management companies for ten- company headquartered in Encinitas, specializing in ants and buyers.Recently, the frm launched a planning hospitality and mixed-use development throughout and design service. Hughes began his career working the Western United States. Green’s nearly 30-year for Cushman & Wakefeld while he attended college. career includes luxury hotel and residential projects, Afer moving to San Diego, in 1993, he co-founded Ir- including the Pendry San Diego, the Park Hyatt Resort ving Hughes. In 2011, he formed Hughes Marino, now Aviara in Carlsbad and Four Seasons projects in Jackson the largest tenant and buyer representation frm in San Hole and Palo Alto. Diego.

LINDA GREENBERG STATH KARRAS PRINCIPAL, LEE & ASSOCIATES EXECUTIVE DIRECTOR, BURNHAM-MOORES CENTER FOR REAL ESTATE - UNIVERSITY OF SAN DIEGO Linda Greenberg joined Lee & Associates in 2013 specializing in industrial leasing and sales afer working Stath Karras is the Executive Director of the Burnham- for Colliers International. She is a past president of CREW Moores Center. Karras served as the Executive Managing San Diego and CREW national and a past president and Director at Cushman & Wakefeld and CEO of Burnham current executive committee and board member of the Real Estate Services before selling the company to Otay Mesa Chamber of Commerce. She is a member of Cushman & Wakefeld. Karras received his Bachelor San Diego Community Emergency Response Team and of Science in mathematics and an MBA fom the Amateur Radio Emergency Services. University of Utah. Karras has served as Chairman of CONNECT, Chairman of the San Diego Regional EDC, and Co-Chair of LEAD San Diego. 58 | REAL ESTATE DECEMBER 16, 2019

JOHN C. KRATZER CUYLER MCGINLEY CEO, JMI REALTY VICE PRESIDENT, HENSEL PHELPS John Kratzer is responsible for JMI Realty’s overall Cuyler McGinley is the Southern California District strategic direction, including all transaction and capital Manager and vice president of Hensel-Phelps, one of markets activities. Kratzer’s extensive background in the region’s busiest general contractors. The company is the real estate investment and advisory business is working on three large housing projects at UC San Di- invaluable to his role at JMI Realty where he is actively ego. The company completed the 400-room InterCon- involved in the successful pursuit of new investment tinental hotel downtown and the Broadstone Makers and development opportunities and capital alliances. Quarter apartment complex in East Village. McGinley is Over the past decade, his numerous successes with involvemed in trade groups including the Design-Build JMI Realty include leading the master planning and Institute of America and Associated General Contrac- development efort that ultimately created Petco Park. tors of America.

URE KRETOWICZ DAMIAN MCKINNEY CEO AND CHAIRMAN, CORNERSTONE COMMUNITIES FOUNDER AND CEO, MCKINNEY CAPITOL AND ADVISORY Ure Kretowicz in 1994 founded the residential real es- Damian McKinney has been President and CEO of tate development frm Cornerstone Communities Corp., McKinney Capital Group since 2010. The frm sold a which has built everything fom entry level tract homes hotel asset in Waikiki afer 10 years, launched a $100M to custom estates. He began his real estate career in 1975 investment fund and launched an alternative investment and in 1983 he co-founded Sunland Communities and division. Its clients include one of the region’s largest Sunland Consolidated Inc. He became a founding di- health care providers and Fortune 200 companies. He rector of the Bank of Rancho Bernardo in 1992. He has serves as chair of Academy of Our Lady of Peace and is a served on the boards of the Juvenile Diabetes Research founding board member for the nonproft All Kids Inc. Foundation, the San Diego Building Industry Association and other civic and nonprofts.

MARK KUSKE TIM MEISSNER VICE PRESIDENT, ASSET MANAGEMENT PRESIDENT, MEISSNER JACQUET EMMES GROUP OF COS. COMMERCIAL REAL ESTATE Former Navy SEAL Mark Kuske has just recently cele- Tim Meissner is president of Meissner Jacquet Com- brated his second year with the EMMES Group of Cos., mercial Real Estate Services. Established in 1992, the where he serves as vice president in charge of asset company currently manages a commercial real estate management. Kuske came to San Diego fom New York, portfolio of more than 15 million square feet and has where he previously worked for 60 Guilders LLC, a pri- managed more than 75 million square feet of commer- vate real estate investment and operating frm. Prior to cial real estate since its inception. Meissner’s primary that company, he worked for Goldman Sachs, which function as president are client services, where he is trained Kuske in real estate matters as part of its Veter- directly responsible for the frm’s senior management ans Integration Program. team.

ANDY LA DOW SPENCER MOYER REGIONAL MANAGING DIRECTOR - SAN DIEGO REGIONAL MANAGER, MARCUS & MILLCHAP COLLIERS INTERNATIONAL Spencer Moyer serves as a regional manager of Marcus & Andy has spent his entire career in commercial real Millichap in San Diego, overseeing 100 commercial real estate brokerage beginning as a market researcher at then estate investment sales professionals and staf. In 2018, Coldwell Banker in 1984. Afer a successful career as an the San Diego ofce closed on $2.1 billion in transac- ofce broker representing both landlords and tenants, tional value across a wide variety of product types. He Andy joined Colliers International in 2015 as the market provides strategic direction for the ofce’s operations leader for the San Diego Region. Andy oversees over 60 while serving as an active adviser for his brokers. commercial real estate professionals who provide diverse commercial real estate services across all product types and disciplines. Andy is an advocate of teamwork, mutual respect, and values client success above all else.

TINA LICHENS VINCENT E. MUDD COO, REAL CAPITAL MARKETS MANAGING PARTNER AND PRINCIPAL, CARRIER JOHNSON + CULTURE As chief operating ofcer of Real Capitals Markets, Tina Lichens oversees operations and fnance for the Vincent E. Mudd is managing partner and principal for company, which she frst joined more than 17 years the region’s largest architectural frm, Carrier Johnson ago in another capacity. In her current COO role, she + Culture. Prior to his current job, Mudd and his wife also provides strategic direction for all business units founded San Diego Ofce Interiors. Mudd has been and maintains key partner and client relationship. Her chair of the San Diego Regional Chamber of Commerce previous roles in the company include director of client and San Diego Regional EDC. He currently is chair of services and director of research. Real Capital Markets is the ANOC World Beach Games San Diego 2019, which a global marketplace for buying and selling commercial brought an Olympic-style competition to Mission real estate. Beach.

DAVID MALMUTH R. MICHAEL MURPHY PARTNER, I.D.E.A. PARTNERS LLC FOUNDER AND PRESIDENT, MURPHY DEVELOPMENT With business partner Pete Garcia, David Malmuth Michael Murphy founded Murphy Development in 1984 heads I.D.E.A. Partners LLC, which aims to transform and has completed more than 9 million square feet of part of the East Village into a district for innovation, de- industrial and technology buildings. It also operates sign, education and the arts. The frm along with Lowe and invests in industrial real estate assets. Its projects Enterprises just completed IDEA1, a six-story mixed- include the 2.1 million square foot Siempre Viva Busi- use project. His earlier involvement with transforma- ness Park in Otay Mesa; Brown Field Technology Park tive urban projects included the redevelopment of the in South County; and a 30.9-acre site in Scripps Ranch. New Amsterdam Theater in New York’s Time Square, Murphy Development signed CareFusion to lease the when he managed corporate real estate for the Walt entire 121,970-square-foot Building 18 at Siempre Viva Disney Co. Business Park in Otay Mesa. DECEMBER 16, 2019 REAL ESTATE | 59

TRACY A. MURPHY RENE OLIVO EXECUTIVE VICE PRESIDENT, LIFE SCIENCE, VICE PRESIDENT OPERATIONS, RUDOLPH AND SLETTEN KILROY REALTY CORP. Rene Olivo began his career with Rudolph and Sletten Tracy Murphy joined the San Diego ofce of Los as a project engineer intern more than 25 years ago. Angeles-based Kilroy in May 2016, afer eight years with He has worked on projects ranging fom a hospital San Diego’s BioMed Realty, among the nation’s largest outpatient facility, a zoo exhibit, a parking structure holders of life-science ofce and laboratory properties. and an educational building for clients as varied as Kilroy tasked Murphy with boosting its presence in the SeaWorld, the Salk Institute for Biological Studies and increasingly high-demand but competitive life-science the Judicial Council of California. RS Construction was sector. At BioMed, she was a senior vice president, which honored with Engineering News-Record’s California included overseeing leasing eforts for the three-building Best Projects Award for the UCSD Altman Clinical and i3 campus at University Towne Center. Translational Research Institute.

PENNY NATHAN MARY PAMPUCH PARTNER, COLDWELL BANKER WEST COO & EVP, LANKFORD & ASSOCIATES Penny Nathan founded Ascent Real Estate in 2005 and Pampuch has over 25 years of experience in the real recently merged it with Coldwell Banker West. Ascent estate development industry and has been involved has sales of about $850 million in 2018. Nathan co-au- on 2.4M square feet of development deals worth thored a book “Before Hitting Send,” with a colleague approximately $900M. In her role as Executive Vice to help real estate agents develop writing skills to make President, Pampuch is responsible for procuring and them more efective communicators. Nathan has been analyzing development activities and overseeing the invited to speak for multiple industry events. property management arm of L&A. Her experience stretches across all aspects of real estate development and property management.

MICHAEL NEAL SUMEET PAREKH PRESIDENT AND CEO, H.G. FENTON CO. MANAGING PARTNER, HP INVESTORS Michael Neal heads operations of San Diego’s H.G. Sumeet Parekh is managing partner for HP Investors, Fenton Co., among the region’s largest commercial which specializes in the investment and development developers and investors. The frm completed Piazza of commercial real estate. Parekh manages the day-to- della Famiglia in Little Italy and a 165-unit apartment day operations of the frm, as well as deal sourcing, asset building in University Heights. Fenton combined with management and fundraising. Parekh has been with Sudberry Properties to help fund opposition to the HP Investors since 2010. Prior to joining HP Investors SoccerCity proposal to redevelop the SDCCU Stadium in 2010, Parekh worked as a senior associate for the site and is active on the Friends of SDSU Steering Carlyle Group in New York. Committee, which is pushing for a campus annex on the site.

ANDREW NELSON MARK PAYNE PRESIDENT AND CEO, WILLIS ALLEN REAL ESTATE VICE PRESIDENT AND DIVISION MANAGER, SWINERTON Andrew Nelson has been president of Willis Allen Mark Payne began his Swinerton career in 1999 as since 1980 and now oversees six ofces and more than preconstruction manager and has been vice president 200 real estate agents. The company is the largest in- and division manager since 2012. He previously dependently-owned real estate frm in Southern Cal- worked for Del Webb Construction and Sundt ifornia. He began with the frm in 1977, working for Construction before landing at Swinerton Builders. Willis Allen, the frm’s namesake. He purchased the Swinerton is the largest general contractor and the remaining ownership shares in 1995. Nelson grew up largest renewable energy provider. Among signifcant in Del Mar, California, graduated fom the University of projects completed in 2019 were the Sycuan Casino California, Santa Barbara He served in the U.S. Navy as a Resort expansion and the Luma Tower in Little Italy. fight ofcer for F-4 Phantoms during the Vietnam war.

ERIC NORTHBROOK MARC PENICK MANAGING DIRECTOR, VOIT REAL ESTATE SERVICES CEO, T.B. PENICK AND SONS INC. As managing director of the San Diego region, Eric Marc Penick along with his brother Tim have built provides strategic leadership and sales support, while the family-owned T.B. Penick and Sons Inc. into the overseeing all aspects of the frm’s activities and growth 10th largest concrete contractor in America. Under initiatives. The latter focuses on the expansion of the his leadership, Penick has received safety awards fom business into Carlsbad in 2017, increasing regional the Associated General Contractors of America and revenue, and acquiring established, reputable brokers the American Society of Concrete Contractors, among with experience in delivering solutions for clients in others. Almost all of the company’s work is LEED industrial, ofce, medical ofce, multi-family, retail, certifed. tenant representation and investment sales.

DENE OLIVER TIM PENICK CEO AND PRINCIPAL, OLIVERMCMILLAN PRESIDENT, T.B. PENICK AND SONS INC. Dene Oliver and retired partner Jim McMillan in 2018 Tim Penick and his brother Marc have built the family- sold their mixed-use development frm to Brookfeld owned T.B. Penick and Sons Inc. into one of the nation’s Residential Properties Inc. Oliver will continue to top construction companies. He is the fourth generation design and build mixed-use developments across to lead the San Diego-based frm founded by his great the country. Oliver and McMillan founded their frm grandfather in 1905. Penick was named San Diego in 1978 and quickly made a name for themselves by Entrepreneur of the Year by Ernst & Young and sits on helping to gentrif the Gaslamp Quarter. The frm has the board of directors for the Association of General designed and developed more than 8 million square Contractors. feet of projects worth more than $3 billion. 60 | REAL ESTATE DECEMBER 16, 2019

FREDERICK W. PIERCE RALPH J. ROESLING PRESIDENT AND CEO, PIERCE EDUCATION PROPERTIES PRINCIPAL, ROESLING, NAKAMURA,TERADA ARCHITECTS INC. Frederick Pierce is president and CEO of Pierce Education Properties, the largest owner of student housing in the Ralph Rosesling has served as Principal-In-Charge and western United States and the 15th largest owner in Principal Designer for various project types including the country. Pierce also played a high-profle role as a educational, institutional, museum, community/ spokesperson for the SDSU West initiative to redevelop public, master plans, medical, ofce, retail and the Mission Valley stadium site. His company has residential. Ralph provides the necessary expertise for acquired more than $825 million in student apartments implementing renovation and new construction that nationally at more than 20 universities. He also is a meet the goals, schedule and budget of the project. He former member of the California State University board will lead RNT’s internal and consultant team through of trustees all project phases to ensure the project’s success.

GEORGE PIERSON DAVID ROMERO CEO, KLEINFELDER PRESIDENT AND CEO, CENTURY 21 AWARD George Pierson has been CEO of Kleinfelder since David Romero joined Century 21 in 1992 and now leads September 2016. Kleinfelder is an employee-owned the family business overseeing operations in San Diego, engineering, construction management, design and Orange, San Bernardino and Riverside counties. The environmental professional services frm. Prior to that, frm has grown to 20 ofces with nearly 1,500 agents. Pierson was the president and CEO of professional services The Award fanchise sells more real estate than any frm Parsons Brinckerhof, which was sold in 2014. The other Century 21 fanchise in the world. frm received the national Outstanding Environmental and Engineering Geology Award fom the Association of Environmental & Engineering Geologist for its work on the Calaveras Dam Replacement Project.

ROB WELLINGTON QUIGLEY STEVE ROSETTA PRINCIPAL, ROB WELLINGTON QUIGLEY ARCHITECTS EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, KILROY REALTY CORP. Rob Quigley has more than 40 years of experience producing award-winning buildings throughout the In 2017, Steve Rosetta was appointed to oversee Kilroy’s western U.S. and Japan. His portfolio includes academic strategic growth, including property acquisition and buildings, cultural centers, high-rise towers, and master disposition activities. He will have a specifc focus on plans for neighborhoods, campuses, parks and transit the company’s development opportunities and large corridors. He was an early proponent of sustainable ofce and life science transactions. Kilroy is among design and green building, and his frm has won more San Diego County’s largest owners and developers of than 70 regional and national awards. general ofce properties. By the end of 2019, Kilroy had fnished retail leasing at One Paseo, its $660 million mixed-use project in Carmel Valley.

MARK READ DANIEL J. RYAN EXECUTIVE VICE PRESIDENT, KIDDER MATHEWS EVP AND SAN DIEGO REGIONAL MARKET DIRECTOR, ALEXANDRIA REAL ESTATE EQUITIES INC. Mark Read serves as the executive vice president for Kidder Mathews’ Southwest region and since 2015 has Dan Ryan in 2018 was appointed co-chief investment helped the frm open ofces in San Diego, Phoenix, ofcer for Alexandria, one of the nation’s largest owners Irvine, Carlsbad, the Inland Empire and three ofces in of life science real estate. Ryan is jointly responsible for Los Angeles County. He came to Kidder Mathews fom overseeing the company’s strategic growth in addition Voit Real Estate Services, where he was responsible for to his role as regional market director of San Diego. In the company’s Orange County, Inland Empire and Los 2010, Alexandria acquired three large local properties Angeles ofces. Before that, he was frst a broker and and “other selected assets and interests” fom Veralliance then a senior managing director for CBRE, where he Properties Inc., which Ryan founded in 2002 and had managed 220 employees. grown its portfolio to about $1 billion.

MATTHEW J. RENO JAMES SCHMID CEO AND FOUNDER, RENO CONTRACTING INC. CEO, CHELSEA INVESTMENT CORP. Matt Reno founded Reno Contracting in 1994 and grew Chelsea Investment Corp. is one of the few fully inte- the company into a respected San Diego based gener- grated afordable housing developers in the region that al contracting frm involved in building the Diamond- ofers turnkey development, general contracting and View Tower, ResMed, and several Marriott Hotel proj- property/asset management services, and is now ranked ects. In one year, Reno completed over $125 million as the 11th largest in the nation. Under Schmid’s lead- worth of projects and anticipates 30 percent growth ership since founding the frm in 1984, Chelsea has de- for future years. Involved with projects ranging fom veloped over 10,000 units of afordable housing at a cost preconstruction and business development to the fnal in excess of $2 billion. The frm’s development portfolio inspection, his largest recent project is the Vue on 5th. includes urban infll, mixed-use, suburban inclusionary, acquisition rehab and rural developments.

ADAM S. ROBINSON GARY SHEKHTER FOUNDER AND PRESIDENT, RAF PACIFICA GROUP CEO, HELIX ELECTRIC Adam Robinson has extensive experience in commer- Gary Shekhter started Helix in 1985 fom a small ofce in cial real estate acquisition, development, operations and El Cajon and has grown it into the 10th largest electrical management. He has directed more than $2 billion in contractor in the country with revenues exceeding real estate transactions throughout his career, includ- $624 million. He has ofces on both coasts, Hawaii and ing the acquisition, renovation, and disposition of more multiple shops in California and Nevada. Shekhter was than 250 industrial, multi-family and ofce proper- born in Russia and arrived in the United States in 1979. ties. Since founding RAF Pacifca Group, he has also Shekhter began working at Circle Electric, quickly rose spearheaded the development of more than 1.5 million to general manager and was tasked with handling day- square feet of ground up construction. to-day operations. DECEMBER 16, 2019 REAL ESTATE | 61

ERIC STENMAN DONNA VARGO COO, BALFOUR BEATTY CONSTRUCTION PRESIDENT AND CEO, JOHNSON & JENNINGS GENERAL CONTRACTORS In 2018, Eric Stenman was named president of U.S. Building for the national company. He joined Balfour Founded in 1981, Johnson & Jennings (J&J) is one of Beatty in 2008 when it acquired Douglas Barnhart Inc., the few women-owned construction companies in the at the time the largest local contractor in the region. region. Donna Vargo and Naomi Lohnes (CFO and COO) Stenman was tasked with leading the transition and has took over managing the day-to-day operations of the since grown into roles as CEO of operations in Arizona, company in 2004 and bought the company in 2013. Since California, Oregon and Washington and COO nationally. then, company revenue has increased by 50 percent and He is president of AGC of America San Diego chapter the company expanded into Orange County. Vargo was and on the executive committee of the Downtown San executive vice president of ROEL Construction, Inc. for Diego Partnership. 12 years before joining J&J in 2004.

LORI ANN STEVENS JOHN VORSHECK DESIGN MANAGER, TURNER CONSTRUCTION CO. FIRST VICE PRESIDENT, DIVISION MANAGER, MARCUS & MILLICHAP In 2011, Lori Ann Stevens joined Turner Construction Co., which specializes in general contracting, construc- John Vorsheck in 2018 became Division Manager; in tion, management, design-build and tenant improve- this role he oversees operations in San Diego, Portland, ments. Stevens has a broad range of experience as both Seattle, Palo Alto, Vancouver, San Francisco, Sacramento, a general contractor and developer during her 17-year Oakland, Denver and Phoenix ofces. Vorsheck has been career. She has served on boards for NAIOP, HomeAid, with Marcus & Millichap since 2006 as a sales manager Habitat for Humanity, Junior Achievement and is a past in the Newport Beach ofce and has had executive positions in Las Vegas and Long Beach. He also serves president of CREW in San Diego. She is active in Feed- on the executive committee for NAIOP San Diego. ing San Diego and the Helen Woodward Animal Center.

RANDEE STRATTON THOMAS WERMERS MANAGING DIRECTOR, NEWMARK KNIGHT FRANK CEO, WERMERS MULTIFAMILY CORP. As managing director for Newmark Knight Frank, Ran- Thomas Wermers has been responsible for the con- dee Stratton specializes in restaurant and retail tenant struction of approximately 30,000 apartment units in throughout California. Among her biggest, projects California, Texas, Nevada and Arizona. Projects include was the rollout of Phenix Salon Suites fanchises into apartments in Pacifc Highlands Ranch just of Highway California. Prior to joining Newmark nearly fve years 56 and a mixed-use development in Corona. His father ago, Stratton worked as a retail broker for Cassidy Tur- started the company more than 60 years ago, and it has ley San Diego. She is a member of the International become one of the top multifamily contractors in the Council of Shopping Centers and also supports several Southwest. In 2005, he founded Wermers Properties, a charitable causes that include Breast Cancer Angels and real estate development company. Feeding San Diego.

THOMAS W. SUDBERRY JR. DOUGLAS WILSON CHAIRMAN, SUDBERRY PROPERTIES CHAIRMAN AND CEO, DOUGLAS WILSON COS Thomas Sudberry founded Sudberry Properties in 1979 Douglas Wilson founded his company in 1989 and has and has developed retail, ofce, multifamily and mixed- grown its oferings and nationwide regional ofces use projects throughout the region, including the master- to include development and management during the planned Civita community in Mission Valley. Sudberry industry’s good times and court-appointed bankruptcy helped fund opposition to the SoccerCity proposal to and receivership services during tough times. Before redevelop the SDCCU Stadium site and was active on the forming his own company, he was managing general Friends of SDSU Steering Committee, which is pushing partner in the company that developed downtown’s for a campus annex on the site. Among the company’s Symphony Towers. His company has expanded into recent projects is the $44.5 million retail center at Millenia senior housing, Wilson has served on many local boards. in Chula Vista.

BRAD TERMINI FRANK WOLDEN CO-CEO, ZEPHYR PARTNERS PRINCIPAL, AVRP SKYPORT Brad Termini co-founded Zephyr with Dane Chapin in Frank Wolden is among those tasked with designing 2008. They recently opened The Park at Bankers Hill, a the proposed $1.2 billion project at the Seaport Village 62-unit ultraluxury condo building overlooking Balboa site on the bayfont, perhaps the most signifcant Park. The company also is partnering with the Robert waterfont project in city history. The 70-acre project Green Co. on a proposed 16-acre resort above dog beach includes hotels, shops, restaurants, a public beach, an in Del Mar. Zephyr sold a 60,000-square-foot mixed- aquarium, a learning center, and an observation tower. use site on Broadway in downtown for about $33 Wolden in 2016 became one of four principals at the million; they acquired it for $21.1 million. He arrived frm in a merger of AVRP Studios and Skyport Studio. in San Diego in 2003 and landed a job with the Corky McMillin Cos.