Kearny Names Property Director

LOS ANGELES-Kearny Real Estate Co. has promoted Anne Price to director of property management, one of two new executives named at companies in the commercial real estate industry in recent weeks. The other was new SVP Michael Vallenari at Trammell Crow Co.

Price joined Kearny’s management group in October 2002 principally to oversee the operations for the company’s Heritage Corporate Center, a 720,301-sf mixed use business park in Santa Fe Springs. In her new post, she will be responsible for Kearny’s portfolio of nearly 1.5 million sf of office and industrial properties in California. Price has more than 20 years of business management experience with Insignia/ESG, b2bstores.com and Stater Bros. Markets.

Vallenari, who formerly was director of national business development for Opus West Corp., will focus on new business development in the western US at Trammell Crow, which provides real estate outsourcing services to 85 corporations and 150 million sf in North America, including a western region that serves more than 30 corporate and public sector clients. TCC senior managing director Jim Hayden, who oversees corporate services, says Vallenari’s new post is a response to “the increasing demand by corporations in California and the West for high-level corporate real estate services.” The new SVP at Trammell Crow has more than 22 years of experience in related industries serving corporate real estate needs. At Opus West, he was responsible for national business development and relationship management for corporate build-to-suit and major lease transactions in the Southwest.