09/01/04: Has it really come down to this? In addressing the economy’s sputtering growth, Governor Arnold Schwarzenegger referred to those who are not completely upbeat about the economy’s strength as, “Economic girlie men.” The latest survey of 5,000 households by the non-partisan Conference Board indicates that the Consumer Confidence Index has unexpectedly dropped after four straight months of growth. This drop is due mainly to concerns about future job growth. Now the governor of California may think that this news-grabbing sound bite is clever, but he may be alarmed to find out that there are still 1.2 million people who lost jobs during the recession and are not rolling hysterically in the aisles.
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THE MACERICH CO. SANTA MONICA, CA— Ron Bondy has been promoted to vice president, development leasing, a newly created position. He is moving up from his previous position as vice president, leasing. Bondy has also relocated to the company’s Westcor office in Phoenix. He joined the company in 1985.
EQUITY OFFICE SAN FRANCISCO—The firm has named Kenneth Churich as vice president, leasing. Churich, who has been at the company since 2003, will oversee leasing and marketing of properties in the city and surrounding submarkets.
METRO COMMERCIAL REAL ESTATE MT. LAUREL, NJ — Steven H. Gartner has been tapped as the firm’s president, while Daniel J. Hughes has been named chief executive officer. Gartner was most recently the chief operating officer at Michael Salove Co. Hughes is the founder of Metro Commercial.
TRAMMELL CROW CO. ATLANTA— Eric Ross has joined the firm as senior vice president, moving over from Equis, where he was co-head of that company’s Atlanta office. Ross will serve in the company’s corporate advisory services group.
EQUITY OFFICE SAN FRANCISCO— Joshua W. Hitchcock and Robert J. Elia have come on board as leasing director and leasing representative, respectively, for the local market. Hitchcock was previously senior associate at CB Richard Ellis. Elia comes from Cushman & Wakefield, where he was leasing broker-associate.
FERRIS, BAKER WATTS INC. BALTIMORE —The firm has appointed Elaine M. Clancy as senior vice president of its capital markets group. Clancy was most recently co-founder and principal of Velasco Group LLC in Arlington, VA.
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