Bibby Named CEO of Grosvenor in US, Canada

SAN FRANCISCO-Andrew Bibby last week succeeded Bill Abelmann as CEO of Grosvenor Americas, giving him responsibility of the international property developer’s operations in the US and Canada. Bibby, most recently the company’s Vancouver, BC-based chief development officer, has returned to San Francisco and set up shop in the head office on the 25th floor of One California Street in San Francisco.

Bibby, who came to Grosvenor in 1984, has been involved with every major area of the company’s business including development, asset management, the acquisition and disposition of income producing properties, and mezzanine lending. Mark Preston, who worked with Bibby in San Francisco between 2002 and 2006, succeeded Jeremy Newsum as group chief executive of the overriding London-based Grosvenor Group six months ago. “I look forward to working closely with him again,” Preston says.

Abelmann spent six years as chief executive of Grosvenor Americas and was with the company for 32 years. During his tenure Grosvenor Americas emerged as a strong player in the US and Canada real estate markets, with four offices (Vancouver, Calgary, San Francisco and Washington, DC) and a healthy development pipeline. Assets include 185 Post St., a 26,200-square-foot property located in the Union Square shopping district of San Francisco that has been leased to De Beers jewelers for their San Francisco flagship retail store, and ‘The RISE’, a $105 million retail and residential development in Vancouver that is due for completion this year.

Succeeding Bibby as chief development officer is Ryan Beechinor, formerly senior vice president and manager of the company’s Vancouver operations. With the new title he now oversees Grosvenor’s construction activities throughout the US and Canada. Backfilling Beechinor’s old job as senior vice president and manager of the company’s Vancouver operations is James Patillo. Patillo recently relocated to Vancouver from Grosvenor’s Calgary office but will continue to be general manager of that office, according to Grosvenor.