Crown Names Acquisitions Chief

BEVERLY HILLS-Crown Realty & Development has named Brandt M. McCullough as director of acquisitions for the the Beverly Hills and Irvine-based investment and development firm.

McCullough, formerly a vice president at Birtcher Real Estate Group, will focus on adding to Crown’s portfolio of office and commercial properties in Southern California and other markets throughout the West, which already totals more than 3 million sf.

The addition of McCullough relates Crown’s plans for significantly expanding its portfolio of commercial properties in 2004, says Robert Flaxman, president of the company. As director of acquisitions, McCullough will identify office and industrial properties for acquisition and will be responsible for related negotiations and due diligence.

Crown Realty & Developments activities include investment, development, redevelopment, land assemblage and management. The firm’s 3-million-sf portfolio is valued at more than $450 million. It includes class A office, retail and industrial properties primarily located in Los Angeles and Orange counties. The company also recently added a hotel division to assemble a portfolio of hotel properties during 2004.