This interview, in slightly different form, originally appearedin Industrial PropertyJournal . John McCloud is editor.
To capitalize on the European real estate investment market, SanDiego-based Westcore Properties LLC recently opened an office inLausanne, Switzerland. Chairman Marc Brutten founded the company in2000 as Westcore Industrial Properties, but dropped the wordindustrial in 2003 with the addition of retail and officeproperties to the portfolio. Since its formation, Westcore hasinvested more than $1 billion in properties totaling in excess of10 million sf. Its current portfolio contains nearly 6.5 million sfof industrial space, 1.1 million sf of retail and 6.6 million sf ofoffice. IPJ spoke about the new enterprise with Brutten, who movedto Switzerland to open the European office.
Q: Why did you decide to open the Europeanoffice?
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