SACRAMENTO, CA—In order to manage its robust Sacramento and Midwest commercial real estate real estate portfolio, Westcore Properties has added Steve McKibben to its award-winning team. He will join the firm as senior vice president of asset management.
McKibben’s professional experience includes stints at Panattoni Development Company and most recently Reit Management & Research, LLC. While with Reit Management & Research, McKibben was a senior executive overseeing seven offices, 35 employees, and the firm’s western US portfolio averaging 6 million square feet and 275 tenants. McKibben’s role with Panattoni Development included overseeing the company’s large industrial portfolio in Central California. In this position he successfully completed more than 3 million square feet of new class A development projects with a market value of $150 million, and negotiated more than 1.5 million square feet of commercial leasing transactions for the firm.
“We’ve added a strong presence for Westcore Properties’ Sacramento and Midwest assets with the hiring of Steve McKibben,” said Don Ankeny, president and CEO of Westcore Properties. “Steve brings more than 26 years of experience strategically managing high-profile commercial real estate portfolios and we are excited to have him join our management team.”
As senior vice president of asset management, McKibben will manage more than 10 million square feet of commercial real estate assets in Sacramento; Stockton, California; Indianapolis and St. Louis totaling $600 million in value. He will also lead a 20-person team in asset management, leasing, property management, engineering and construction for Westcore Properties.