X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

IRVINE, CA-Koll Development Co. will merge its Southern California operations into the company’s recently completed 1901 Main St. development. Koll also named its Northern California partner, Mike Parker, president of its Western Division, which includes an office in Danville, Calif.

The company says the move is part of an effort to streamline operations. As part of that streamlining, Koll will close its San Diego County office, which is at 4275 Executive Square in La Jolla, at the end of this year.

Parker, formerly senior vice president in Northern California, will now oversee all operations in California, according to Steve Van Amburgh, president and chief executive officer of Koll, who said he has been working toward this realignment of the firm for a year.

The realignment consolidates three regional offices in California into two. Its Southern California office at 1901 Main St. in Irvine is in the company’s recently completed project at Main Street and MacArthur Boulevard, where other tenants include Alliance Bank, AON Insurance, BNC Mortgage, Salomon Smith Barney and G.E. Capital.

The company’s Northern California offices will remain in Danville at 4125 Blackhawk Plaza Circle. Parker will maintain offices in both Irvine and Danville.

Since 1994, Parker has been directly responsible for acquisition, development, financing, construction and design, leasing and disposition for office and industrial projects throughout California that have an aggregate value of more than $300 million. While at Koll Development, he has directly overseen major transactions involving Airborne Express, BNC Mortgage, ConAgra, Federal Express, Hitachi, and the San Jose Mercury News. He has executed acquisitions and developments in partnership with institutional capital sources including Invesco, MetLife, NorthStar Capital Partners and The Prudential.

In addition to the two California offices, Koll Development has offices in Dallas, Detroit, Colorado Springs, and Phoenix.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.