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California People and Company News for Jan. 19, 2024

  • Kidder Mathews hired Sean Sears as a VP in the San Fernando Valley. He brings more than 12 years of brokerage experience and specializes in industrial properties in Greater Los Angeles. Before joining Kidder Mathews, he was with Peak Commercial in Los Angeles. To date, Sears has brokered nearly 100 sales, evaluated and underwritten 171 properties, and sold more than 313,000 square feet of existing property. 
  • Steven Chon and Sofi Choi have joined CBRE’s San Jose office, advising companies throughout Silicon Valley and Asia Pacific on transaction and portfolio management, lease and sales negotiations, property disposition and strategic planning. Chon joins as EVP, while Choi joins as SVP. They bring more than 40 years of combined experience in the R&D and industrial sector.
  • Sixth Street, a San Francisco-based investment firm with more than $75 billion in assets under management, expanded its Sixth Street Real Estate platform with the addition of Marcos Alvarado as a partner of the firm and head of U.S. real estate. He will assume his new role on Feb. 1. Alvarado joins Sixth Street from Safehold Inc. and its predecessor iStar, where he served as president and CIO.
  • BRC Imagination Arts, a Burbank-based global experiential planning and design firm, has promoted 23-year company veteran Carmel Lewis to president. Previously EVP and executive producer, Lewis has touched nearly every function during her tenure at BRC, with responsibility for creative and design management, production, business affairs and project development. 
  • The founders of Quest Relocation Group, a destination services firm headquartered in Los Angeles, have sold the business to Robert Brezosky, who will serve as Quest’s owner and CEO. Diane Chierichetti and Barbara Blake, who co-founded Quest in 1994, plan to remain involved in a consulting capacity. 
  • Mill Valley-based Redwood Trust, Inc. announced the pricing of an underwritten public offering of $60,000,000 aggregate principal amount of its 9.125% senior notes due 2029. The offering is expected to close on January 22, subject to the satisfaction of certain closing conditions. Redwood intends to use the net proceeds from the offering for general corporate purposes,
  • Knightscope, Inc., a Mountain View-based developer of autonomous security robots (ASRs) and blue light emergency communication systems, signed a new, five-robot contract with a full service real estate development firm in New York for its newest fifth-generation K5. Separately, Knightscope announced that it deployed an ASR at the second of three locations for a healthcare client in Oregon.
Read More News Stories About: CBRE

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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