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California People and Company News for Nov. 17, 2023
- Hudson Pacific Properties, Inc. has appointed Robert “Chip” Harris II to the Los Angeles-based company’s board of directors. Harris succeeds outgoing board member Karen Brodkin. He previously served as chairman of Acacia Research Corporation and prior to that, founded and served as president of Entertainment Properties Trust.
- Prologis made three new appointments to its Executive Committee: Carter Andrus as COO, Joseph Ghazal as CIO and Susan Uthayakumar, the company’s current chief energy and sustainability officer. All are effective Jan. 1, 2024. As part of the company’s long-term and ongoing succession planning, current COO Gary Anderson will move to a new role as senior advisor effective Jan. 1, 2024, and retire on June 30, 2024.
- Tutor Perini Corporation, a leading civil, building and specialty construction company, said its board of directors has appointed Gary Smalley, the current EVP and CFO, to the position of president. The Los Angeles-based company plans for Smalley to succeed Ronald Tutor as CEO effective Jan. 1, 2025, with Tutor transitioning to the role of executive chairman.
- Savills has hired Preston Lynn as a senior managing director in its San Diego office. Most recently, Lynn served as first VP on the brokerage services team with CBRE in Dallas, where he represented local and national clients, providing advisory and transaction management services for acquisitions, relocations, expansions, and renewals for corporate office users. He was also responsible for spearheading new business development in Texas in his previous role.
- ExchangeRight, a Pasadena-based provider of diversified real estate DST and REIT investments, said the company’s Essential Income REIT is now being tracked and reported on by Blue Vault. Blue Vault’s quarterly reporting will give advisors convenient access to valuable performance insights about the Essential Income REIT on an ongoing basis and compare it alongside other offerings tracked by the research firm.
- Holocaust Museum LA, the first survivor-founded and oldest Holocaust Museum in the United States, broke ground on a major expansion of its Pan Pacific Park campus. Named the Jona Goldrich Campus and designed by award-winning architect Hagy Belzberg, the new facility will feature outdoor reflective spaces; galleries and classrooms; a theater for survivor talks, film screenings, concerts, conferences and public programs; a pavilion to house an authentic boxcar found outside the Majdanek death camp in Lublin, Poland; and a dedicated theater for the holographic exhibition featuring a conversation with a virtual survivor.
- Granite said the American River Constructors joint venture team comprised of Granite and California Engineering Contractors has been awarded another contract by the California Department of Transportation for the American River Bridge Rehabilitation Construction Manager/General Contractor project in Sacramento. The newest contract is a $131-million parent project contract to construct the superstructure for the replacement of the existing bridge deck in three stages.
- San Diego-based LendSure Mortgage Corp., a Non-QM wholesale lender, has introduced the Reverse 1031 Exchange with Bridge Loan program to its comprehensive Non-QM loan solution toolkit. The new program provides a pathway for borrowers to finance new investment properties without the immediate requirement to sell their existing assets.
- Sunnyvale-based Matterport, Inc., a 3D digital twin platform for the built world, and Belden Inc., a leading global supplier of network infrastructure and digitization solutions, have announced a new partnership intended to deliver 3D digital twin-powered connectivity solutions for facilities management across industrial automation, smart buildings, broadband and more. Through this agreement, Matterport will become a part of Belden’s edge-to-cloud solution stack.
- Street Outreach Services (SOS), a program of the San Francisco Community Clinic Consortium, announced a new pop-up clinic site at 33 Gough St., an interim housing community made up of 70 tiny homes designed for San Franciscans experiencing homelessness. On days the SOS van visits the tiny home village, Urban Alchemy staff assist by conducting health outreach during their morning breakfast distribution to residents.
- ◦People
