X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEWPORT BEACH, CA-The Koll Co. has moved management and leasing in-house for its 68-building, 1.2-million-sf Airport Business Center in Irvine and hired two management and leasing execs as part of the move.

The company named Diane Scott as vice president of property management and Lori Ash as vice president of leasing, part of what managing principal Jerry Yahr describes as a “re-focused business strategy of being a fully integrated real estate operating company.” CB Richard Ellis Inc. had the leasing assignment for the airport center for the past five years.

Yahr says Scott will direct a nine-member management team for the Airport Business Center portfolio of multi-tenant, light industrial buildings. She also will oversee all property management operations of the company. Ash rejoined the firm from CB Richard Ellis after a five-year hiatus as director of leasing for the airport property under CBRE’s watch. She has more than15 years of real estate experience for such companies as CB Richard Ellis, Koll Management Services and Beitler Commercial Real Estate Services.

Scott comes to Koll from Irvine-based Crown Realty & Development, where she was vice president of property management, overseeing more than two million sf of properties valued at $400 million. Before that, Scott spent eight years as senior manager of Lakeshore Towers, a one-million-sf office campus in Irvine.

Patti Brook also joined the company as property manager for the Airport Business Center portfolio. Most recently, she was a property manager for Trammell Crow Co., overseeing about 1.9 million sf of industrial space with 80 tenants at five properties in Southern California.

Yahr emphasized that the management and leasing change was not due to any dissatisfaction with service provided by CB Richard Ellis, but was made “solely to better meet the evolving strategic needs of the Koll Co.” He says Koll’s in-house leasing activities will be limited to its multi-tenant light industrial portfolio and the company will continue to work directly with brokers on its other properties. The Airport Business Center occupies approximately 75 acres just east of Orange County’s John Wayne Airport.

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.