NEWPORT BEACH, CA-Turner Development Corp. has hired Bill Banksas vice president of acquisitions as the Newport Beach-basedcompany plans its expansion into Las Vegas and Phoenix. RustyTurner, president of Turner Development, says that the companyplans to begin identifying potential acquisition and developmentprojects in the new markets. “Bill’s expertise in Arizona, Nevadaand California will provide Turner with the market knowledge andinsight to make this expansion a successful one,” Turner says.

Banks previously served as an executive with EJM Development Co.in Los Angeles, where he was involved in acquisition, development,and financing of industrial properties for the company. He has over25 years of experience in the commercial real estate industry in abroad range of capacities that have included, acquisitions,entitlements, development and asset management services.

Privately held Turner Development specializes in the acquisitionand development of commercial and industrial real estate inSouthern California. Since 1979, the firm has acquired anddeveloped approximately 5.5 million square feet of commercial andindustrial properties and more than 270 acres of land intomaster-planned mixed use business parks throughout the SouthernCalifornia area.