At Newport Beach-based KBS, Ken McKay has assumed the newposition of national director of portfolio operations and RodneyRicherson has been promoted to central regional president, whileRigo Medina has been appointed regional vice president of thePacific Northwest Region for KBS Capital Markets Group, the dealermanager for KBS Real Estate Investment Trusts. The new hire atGrubb & Ellis is Jeff Majewski, who has joined the company asexecutive managing director for debt and equity finance.

[IMGCAP(2)]McKay and Richerson are both based at the KBSheadquarters in Newport Beach; Medina is based in Seattle.

McKay, former regional president of the 14-state Central Regionfor KBS, will manage all KBS real estate portfolio acquisitionactivities, and work to expand KBS investor relationships andtop-tier property investment opportunities. He joined KBS in 1994as an asset manager, responsible for debt investment portfolios,before becoming a portfolio manger tasked with the performance ofinvestments acquired by KBS for the State of Michigan RetirementSystem. He became one of three KBS Realty Advisors regionalpresidents in 2002 when the company reorganized regionally.

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