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Commercial real estate developers: ranked by commercial square footage developed in the San Fernando, Santa Clarita, Conejo and greater Antelope valleys and Glendale.


EXECUTIVE SUMMARY

ALTHOUGH Voit Voit , Carl von 1831-1908.

German physiologist known for his studies on metabolism.
 Development Co., which for many years held the No. 1 position on the list of top commercial real estate developers, has fallen to the second position, the company was not without substantial activity in 2003.

Voit added about 300,000 square feet of projects to its portfolio, and the company has another 2.3 million square feet of projects in other stages of development.

Several other companies on this year's list are set to add substantially to their portfolios of development in the next year or so.

Among them, J.H. Snyder Snyder, city (1990 pop. 12,195), seat of Scurry co., NW Tex., in a prairie and mesquite region; inc. 1907. Oil production is the city's main industry; natural gas is also refined and processed.  Co., which currently holds the No. 14 position, will be developing another nearly 500,000 square feet of projects thanks to the Valley Plaza For the hotel in New York City, see .

Plaza (IPA /'plaθa/ or /'plasa/ 
 shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  under development as well as the retail portion of NoHo Commons.

And Westfield Westfield.

1 City (1990 pop. 38,372), Hampden co., SW Mass., a residential and industrial suburb of Springfield, on the Westfield River; settled c.1660, inc. as a city 1920. Bicycles, machinery, and paper and metal products are made.
 America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name.  Inc. is also planning a major expansion of its Westfield Shoppingtown Topanga center in Canoga Park, a project that will add nearly 4 million square feet of development to the company's accomplishments.

PACESETTER

Spirit Properties Ltd.

Spirit Properties Ltd., a Santa Clarita-based developer that is currently building Centre Pointe pointe  
n.
In ballet, dancing that is performed on the tips of the toes.



[From French pointe (des pieds), point (of the feet), tiptoe; see point.]
 Business Park, has taken the No. 1 spot in the Business Journal's ranking of commercial real estate developers from longtime long·time  
adj.
Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit.


longtime
Adjective
 leader Voit Development Co.

Spirit President Larry Lar´ry

n. 1. Same as Lorry, or Lorrie.
 Rasmussen came out of retirement to re-establish re-establish
Verb

to create or set up (an organization, link, etc.) again

re-establishment n
 the company when he came across the Centre Pointe parcel, a 240-acre property that will eventually be built out to 4.5 million square feet of industrial property.

The lots available at Centre Pointe are smaller than typically found in the Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country,  area, which is dominated dom·i·nate  
v. dom·i·nat·ed, dom·i·nat·ing, dom·i·nates

v.tr.
1. To control, govern, or rule by superior authority or power:
 by Newhall Newhall may refer to:
Places in England:
  • Newhall, Essex
  • Newhall, Cheshire
  • Newhall, Derbyshire
Places in the USA:
  • Newhall, California, later incorporated into Santa Clarita
  • Newhall, Iowa
People:
 Land and Farming Co.'s industrial parks in Valencia Valencia, region, Spain
Valencia (välān`thēä), autonomous region (1990 pop. 3,902,429) and former kingdom, E Spain, on the Mediterranean. It now comprises the provinces of Alicante, Castellón, and Valencia.
.

The size--typically one-and two-acreparcels--appears to be especially well suited to the market in the area, which is dominated by smaller companies.

Spirit has fully sold out of its available inventory, and will proceeding with the development of additional lots for the next phase of the project.
Rank  Company                                 Valley-area Projects
       *  name                                     (millions)
       * address                         (sq. footage/no. of projects)
                                                  * developed
                                                    * owned

      Spirit Properties, Ltd.                         6.7/2
  1   21070 Centre Pointe Parkway                     6.7/2
      Santa Clarita 91350

      Voit Development Co.                           5.3/20
  2   21700 Oxnard St., Suite 350                    0.21/1
      Woodland Hills 91367

      Trammell Crow Company                          4.5/11
  3   3 Park Plaza, #1600                             0/0
      Irvine 92614

      Agora Realty & Management, Inc.               2.65/31
  4   15206 Ventura Blvd., #306                      0.52/9
      Sherman Oaks 91302

  5   Cusumano Real Estate Group                     2.1/30
      101 S. First St., #400                        2.06/34
      Burbank 91502

      Katell Properties LLC                          2.01/6
  6   5318 E. 2nd St., Suite 506                     1.05/4
      Long Beach 90803

      M. David Paul & Associates                    1.48/10
  7   233 Wilshire Blvd. Suite 990                   1.4/8
      Santa Monica 90401

      Selleck Development Group Inc.                 1.37/7
  6   2660 Townsgate Road, Suite 250                 0.22/1
      Westlake Village 91361

      Lowe Enterprises                              1.13/13
  9   11777 San Vicente Blvd., Suite 900              0/0
      Los Angeles 90049

      The Johnston Group                             0.95/9
 10   26635 W. Agoura Road, Suite 105                0.66/6
      Calabasas 91302

      Zelman Development Co.                         0.9/2
 11   515 S. Figueroa St., #1230                     0.62/2
      Los Angeles 90071

      Regent Properties                              0.81/3
 12   450 N. Roxbury Dr.                             0.81/3
      Beverly Hills 90210

      Legacy Partners                                0.64/3
 13   4000 E. 3rd Ave., Suite 600                     0/0
      Foster City 94404

      Caruso Affiliated Holdings                     0.64/4
 14   101 The Grove Drive                            0.64/4
      Los Angeles 90036

      J. H. Snyder Co.                               0.61/4
 15   5757 Wilshire Blvd.,                           0.25/2
      Los Angeles 90036

      Westfield America Inc.                         .31/1
 16   11601 Wilshire Blvd., 12th Floor               1.7/3
      Los Angeles 90025

      Robertson Properties Group                     0.24/2
 17   120 N. Robertson Blvd.                         4.80/5
      Los Angeles 90048

      Kilroy Realty Corporation                      0.21/1
  8   24025-23925 Park Sorrento                      0.70/5
      Calabasas 91302

      Crown Realty & Development, Inc.               0.11/3
 19   201 E. Magnolia Blvd., #151                    1.9/4
      Burbank 91501

      General Growth Properties                       0/0
 20   21650 Oxnard St, Suite 500                    3.979/3
      Woodland Hills 91367

Rank  Company                                    Current Valley
       *  name                                      Projects
       * address                                   (millions)
                                        (sq. footage/no. of projects)
                                             * under construction
                                               * entitled only

      Spirit Properties, Ltd.                       0.440/8
  1   21070 Centre Pointe Parkway                   2.100/12
      Santa Clarita 91350

      Voit Development Co.                          0.317/2
  2   21700 Oxnard St., Suite 350                    .280/1
      Woodland Hills 91367

      Trammell Crow Company                          0.16/1
  3   3 Park Plaza, #1600                              10
      Irvine 92614

      Agora Realty & Management, Inc.                 0/0
  4   15206 Ventura Blvd., #306                     0.148/1
      Sherman Oaks 91302

  5   Cusumano Real Estate Group                    0.075/1
      101 S. First St., #400                          0/0
      Burbank 91502

      Katell Properties LLC                           0/0
  6   5318 E. 2nd St., Suite 506                      0/0
      Long Beach 90803

      M. David Paul & Associates                    0.195/1
  7   233 Wilshire Blvd. Suite 990                  0.735/2
      Santa Monica 90401

      Selleck Development Group Inc.                  0/0
  6   2660 Townsgate Road, Suite 250                0.060/1
      Westlake Village 91361

      Lowe Enterprises                                0/0
  9   11777 San Vicente Blvd., Suite 900              0/0
      Los Angeles 90049

      The Johnston Group                              0/0
 10   26635 W. Agoura Road, Suite 105               0.060/1
      Calabasas 91302

      Zelman Development Co.                          0/0
 11   515 S. Figueroa St., #1230                  30 acres/na
      Los Angeles 90071

      Regent Properties                               0/0
 12   450 N. Roxbury Dr.                             0.04/1
      Beverly Hills 90210

      Legacy Partners                               0.235/1
 13   4000 E. 3rd Ave., Suite 600                     0/0
      Foster City 94404

      Caruso Affiliated Holdings                      0/0
 14   101 The Grove Drive                            0.05/1
      Los Angeles 90036

      J. H. Snyder Co.                              0.130/2
 15   5757 Wilshire Blvd.,                          0.320/2
      Los Angeles 90036

      Westfield America Inc.                          0/0
 16   11601 Wilshire Blvd., 12th Floor              3.900/2
      Los Angeles 90025

      Robertson Properties Group                    0.127/1
 17   120 N. Robertson Blvd.                        0.200/1
      Los Angeles 90048

      Kilroy Realty Corporation                       0/0
  8   24025-23925 Park Sorrento                       0/0
      Calabasas 91302

      Crown Realty & Development, Inc.                0/0
 19   201 E. Magnolia Blvd., #151                   0.500/1
      Burbank 91501

      General Growth Properties                       0/0
 20   21650 Oxnard St, Suite 500                      0/0
      Woodland Hills 91367

Rank  Company                                 Current Valley-area
       *  name                                    Renovations
       * address                                   (millions)
                                                 * sq. footage
                                               * no. of projects

      Spirit Properties, Ltd.                          0
  1   21070 Centre Pointe Parkway                      0
      Santa Clarita 91350

      Voit Development Co.                            0/0
  2   21700 Oxnard St., Suite 350                     0/0
      Woodland Hills 91367

      Trammell Crow Company                            0
  3   3 Park Plaza, #1600                              0
      Irvine 92614

      Agora Realty & Management, Inc.                0.078
  4   15206 Ventura Blvd., #306                        1
      Sherman Oaks 91302

  5   Cusumano Real Estate Group                       0
      101 S. First St., #400                           0
      Burbank 91502

      Katell Properties LLC                            0
  6   5318 E. 2nd St., Suite 506                       0
      Long Beach 90803

      M. David Paul & Associates                       0
  7   233 Wilshire Blvd. Suite 990                     0
      Santa Monica 90401

      Selleck Development Group Inc.                 0.280
  6   2660 Townsgate Road, Suite 250                   2
      Westlake Village 91361

      Lowe Enterprises                                 0
  9   11777 San Vicente Blvd., Suite 900               0
      Los Angeles 90049

      The Johnston Group                             0.100
 10   26635 W. Agoura Road, Suite 105                  1
      Calabasas 91302

      Zelman Development Co.                           0
 11   515 S. Figueroa St., #1230                       0
      Los Angeles 90071

      Regent Properties                                0
 12   450 N. Roxbury Dr.                               0
      Beverly Hills 90210

      Legacy Partners                                  0
 13   4000 E. 3rd Ave., Suite 600                      0
      Foster City 94404

      Caruso Affiliated Holdings                       0
 14   101 The Grove Drive                              0
      Los Angeles 90036

      J. H. Snyder Co.                                 0
 15   5757 Wilshire Blvd.,                             0
      Los Angeles 90036

      Westfield America Inc.                           0
 16   11601 Wilshire Blvd., 12th Floor                 0
      Los Angeles 90025

      Robertson Properties Group                       0
 17   120 N. Robertson Blvd.                           0
      Los Angeles 90048

      Kilroy Realty Corporation                        0
  8   24025-23925 Park Sorrento                        0
      Calabasas 91302

      Crown Realty & Development, Inc.               0.152
 19   201 E. Magnolia Blvd., #151                      2
      Burbank 91501

      General Growth Properties                        0
 20   21650 Oxnard St, Suite 500                       0
      Woodland Hills 91367

Rank  Company                                   Valley-area Fee
       *  name                                 Work in Progress
       * address                                  (millions)
                                                * sq. footage
                                             *  no. of projects

      Spirit Properties, Ltd.                          0
  1   21070 Centre Pointe Parkway                      0
      Santa Clarita 91350

      Voit Development Co.                           0.200
  2   21700 Oxnard St., Suite 350                      1
      Woodland Hills 91367

      Trammell Crow Company                           1.10
  3   3 Park Plaza, #1600                              3
      Irvine 92614

      Agora Realty & Management, Inc.                  0
  4   15206 Ventura Blvd., #306                        0
      Sherman Oaks 91302

  5   Cusumano Real Estate Group                       0
      101 S. First St., #400                           0
      Burbank 91502

      Katell Properties LLC                            0
  6   5318 E. 2nd St., Suite 506                       0
      Long Beach 90803

      M. David Paul & Associates                       0
  7   233 Wilshire Blvd. Suite 990                     0
      Santa Monica 90401

      Selleck Development Group Inc.                   0
  6   2660 Townsgate Road, Suite 250                   0
      Westlake Village 91361

      Lowe Enterprises                                 0
  9   11777 San Vicente Blvd., Suite 900               0
      Los Angeles 90049

      The Johnston Group                               0
 10   26635 W. Agoura Road, Suite 105                  0
      Calabasas 91302

      Zelman Development Co.                           0
 11   515 S. Figueroa St., #1230                       0
      Los Angeles 90071

      Regent Properties                                0
 12   450 N. Roxbury Dr.                               0
      Beverly Hills 90210

      Legacy Partners                                0.235
 13   4000 E. 3rd Ave., Suite 600                      1
      Foster City 94404

      Caruso Affiliated Holdings                       0
 14   101 The Grove Drive                              0
      Los Angeles 90036

      J. H. Snyder Co.                                 0
 15   5757 Wilshire Blvd.,                             0
      Los Angeles 90036

      Westfield America Inc.                           0
 16   11601 Wilshire Blvd., 12th Floor                 0
      Los Angeles 90025

      Robertson Properties Group                       0
 17   120 N. Robertson Blvd.                           0
      Los Angeles 90048

      Kilroy Realty Corporation                        0
  8   24025-23925 Park Sorrento                        0
      Calabasas 91302

      Crown Realty & Development, Inc.                 0
 19   201 E. Magnolia Blvd., #151                      0
      Burbank 91501

      General Growth Properties                        0
 20   21650 Oxnard St, Suite 500                       0
      Woodland Hills 91367

Rank  Company                                      Profile
       *  name                                 * headquarters
       * address                              * year founded
                                                 * offices
                                            (Valley/LA County total)

      Spirit Properties, Ltd.                   Santa Clarita
  1   21070 Centre Pointe Parkway                     1997
      Santa Clarita 91350                             1/1

      Voit Development Co.                      Woodland Hills
  2   21700 Oxnard St., Suite 350                     1971
      Woodland Hills 91367                            1/1

      Trammell Crow Company                          Dallas
  3   3 Park Plaza, #1600                             1972
      Irvine 92614                                    0/3

      Agora Realty & Management, Inc.             Sherman Oaks
  4   15206 Ventura Blvd., #306                       1986
      Sherman Oaks 91302                              1/1

  5   Cusumano Real Estate Group                    Burbank
      101 S. First St., #400                          1964
      Burbank 91502                                   4/4

      Katell Properties LLC                        Long Beach
  6   5318 E. 2nd St., Suite 506                      1976
      Long Beach 90803                                0/1

      M. David Paul & Associates                  Santa Monica
  7   233 Wilshire Blvd. Suite 990                    1967
      Santa Monica 90401                              5/6

      Selleck Development Group Inc.            Westlake Village
  6   2660 Townsgate Road, Suite 250                  1989
      Westlake Village 91361                          1/0

      Lowe Enterprises                             Brentwood
  9   11777 San Vicente Blvd., Suite 900              1972
      Los Angeles 90049                               0/3

      The Johnston Group                           Calabasas
 10   26635 W. Agoura Road, Suite 105                 1957
      Calabasas 91302                                 3/3

      Zelman Development Co.                      Los Angeles
 11   515 S. Figueroa St., #1230                      1965
      Los Angeles 90071                               0/1

      Regent Properties                          Beverly Hills
 12   450 N. Roxbury Dr.                              1994
      Beverly Hills 90210                             0/1

      Legacy Partners                         Foster City, Calif.
 13   4000 E. 3rd Ave., Suite 600                     1968
      Foster City 94404                               0/1

      Caruso Affiliated Holdings                  Santa Monica
 14   101 The Grove Drive                             WND
      Los Angeles 90036                               WND

      J. H. Snyder Co.                            Los Angeles
 15   5757 Wilshire Blvd.,                            1949
      Los Angeles 90036                               0/1

      Westfield America Inc.                      Los Angeles
 16   11601 Wilshire Blvd., 12th Floor                1960
      Los Angeles 90025                               1/8

      Robertson Properties Group                  Los Angeles
 17   120 N. Robertson Blvd.                          1992
      Los Angeles 90048                               0/1

      Kilroy Realty Corporation                   Las Angeles
  8   24025-23925 Park Sorrento                       1947
      Calabasas 91302                                 1/4

      Crown Realty & Development, Inc.       Beverly Hills, Irvine
 19   201 E. Magnolia Blvd., #151                     1994
      Burbank 91501                                   213

      General Growth Properties                     Chicago
 20   21650 Oxnard St, Suite 500                      1954
      Woodland Hills 91367                            1/1

Rank  Company                                       Contacts
       *  name                                 * public relations
       * address                                  * marketing

      Spirit Properties, Ltd.                   Larry Rasmussen
  1   21070 Centre Pointe Parkway            Jim Linn, Nigel Stout
      Santa Clarita 91350                        Grubb & Ellis

      Voit Development Co.                        Judy Brower
  2   21700 Oxnard St., Suite 350                     same
      Woodland Hills 91367

      Trammell Crow Company                       Perry Mehrer
  3   3 Park Plaza, #1600                             same
      Irvine 92614

      Agora Realty & Management, Inc.                  na
  4   15206 Ventura Blvd., #306                 Cesar de la Cruz
      Sherman Oaks 91302

  5   Cusumano Real Estate Group                       na
      101 S. First St., #400                           na
      Burbank 91502

      Katell Properties LLC                            na
  6   5318 E. 2nd St., Suite 506                       na
      Long Beach 90803

      M. David Paul & Associates               Jeffrey M. Worthe
  7   233 Wilshire Blvd. Suite 990                 Linda Hoyt
      Santa Monica 90401

      Selleck Development Group Inc.              Marnie Volpe
  6   2660 Townsgate Road, Suite 250             Daniel Selleck
      Westlake Village 91361

      Lowe Enterprises                             Jann Diehl
  9   11777 San Vicente Blvd., Suite 900              same
      Los Angeles 90049

      The Johnston Group                        Linda Mantarakis
 10   26635 W. Agoura Road, Suite 105                 same
      Calabasas 91302

      Zelman Development Co.                           na
 11   515 S. Figueroa St., #1230                       na
      Los Angeles 90071

      Regent Properties                            Bruce Beck
 12   450 N. Roxbury Dr.                           Doug Brown
      Beverly Hills 90210

      Legacy Partners                            Lisa Morrissey
 13   4000 E. 3rd Ave., Suite 600                     same
      Foster City 94404

      Caruso Affiliated Holdings                Jennifer Gordon
 14   101 The Grove Drive                             same
      Los Angeles 90036

      J. H. Snyder Co.                            Casey Sayre
 15   5757 Wilshire Blvd.,                             na
      Los Angeles 90036

      Westfield America Inc.                  Catharine C. Dickey
 16   11601 Wilshire Blvd., 12th Floor            Todd Putman
      Los Angeles 90025

      Robertson Properties Group                  Mark Miller
 17   120 N. Robertson Blvd.                   Mark Miller/Erirn
      Los Angeles 90048                              O'Day

      Kilroy Realty Corporation                        na
  8   24025-23925 Park Sorrento
      Calabasas 91302

      Crown Realty & Development, Inc.         Macy & Associates
 19   201 E. Magnolia Blvd., #151
      Burbank 91501

      General Growth Properties                   Lisa Gordon,
 20   21650 Oxnard St, Suite 500                      same
      Woodland Hills 91367

Rank  Company                                 Top Local Executive
       *  name                                       * name
       * address                                    * title
                                                 * phone number

      Spirit Properties, Ltd.              Larry Rasmussen
  1   21070 Centre Pointe Parkway          president
      Santa Clarita 91350                  (661) 259-5606

      Voit Development Co.                 Tim Regan
  2   21700 Oxnard St., Suite 350          vp development
      Woodland Hills 91367                 (818) 593-6330

      Trammell Crow Company                Tom Bak
  3   3 Park Plaza, #1600                  managing director
      Irvine 92614                         (949) 477-4702

      Agora Realty & Management, Inc.      C. Lefton/M. Bollenbacher
  4   15206 Ventura Blvd., #306            ceo/president
      Sherman Oaks 91302                   (818) 985-7100

  5   Cusumano Real Estate Group           Charles Cusumano
      101 S. First St., #400               chairman
      Burbank 91502                        (818) 841-5800

      Katell Properties LLC                Jerry Katell
  6   5318 E. 2nd St., Suite 506           president
      Long Beach 90803                     (562) 987-0030

      M. David Paul & Associates           Jeffrey M. Worthe
  7   233 Wilshire Blvd. Suite 990         vp
      Santa Monica 90401                   (310) 393-9653

      Selleck Development Group Inc.       Daniel F. Selleck
  6   2660 Townsgate Road, Suite 250       president
      Westlake Village 91361               (805) 495-5400

      Lowe Enterprises                     Robert J. Lowe
  9   11777 San Vicente Blvd., Suite 900   chairman, ceo
      Los Angeles 90049                    (310) 820-6661

      The Johnston Group                   Jeff Johnston
 10   26635 W. Agoura Road, Suite 105      president
      Calabasas 91302                      (818) 880-0500

      Zelman Development Co.               Ben Reiling
 11   515 S. Figueroa St., #1230           president
      Los Angeles 90071                    (213) 533-8100

      Regent Properties                    D. Brown/J. Dinkin
 12   450 N. Roxbury Dr.                   managing partners
      Beverly Hills 90210                  (310) 276-5330

      Legacy Partners                      Rich Simons/Scoff Word
 13   4000 E. 3rd Ave., Suite 600          sr. vps acquisitions and dev.
      Foster City 94404                    (949) 261-2100

      Caruso Affiliated Holdings           Rick Caruso
 14   101 The Grove Drive                  ceo
      Los Angeles 90036                    (818) 222-3444

      J. H. Snyder Co.                     J.Snyder/C. Go dstein
 15   5757 Wilshire Blvd.,                 partners
      Los Angeles 90036                    (323) 857-5346

      Westfield America Inc.               Peter S. Lowy
 16   11601 Wilshire Blvd., 12th Floor     ceo
      Los Angeles 90025                    (310) 445-2407

      Robertson Properties Group           Neil Haltrecht
 17   120 N. Robertson Blvd.               president
      Los Angeles 90048                    (310) 652-3620

      Kilroy Realty Corporation            J. Kilroy
  8   24025-23925 Park Sorrento            ceo
      Calabasas 91302                      (818) 591-9451

      Crown Realty & Development, Inc.     Jim O'Neil
 19   201 E. Magnolia Blvd., #151          exec. vp, development
      Burbank 91501                        (949) 476-2200

      General Growth Properties            Mark Adair
 20   21650 Oxnard St, Suite 500           vp of leasing
      Woodland Hills 91367                 (818) 673-1000

na--ot Applicable
WND--Would Not Disclose
Data was provided by the companies.

When companies tied based upon square footage of Valley-area
projects, the ranking was also determined by projects under
construction.

To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and the
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, San Fernando Valley Business Journal, 21600
Oxnard St., Suite 250, Woodland Hills, CA 91367. [c] 2004 San Fernando
Valley Business Journal. This list may not be reprinted in whole or in
part without prior permission from the editor. Reprints are available
from Reprint Management Services, (800) 494-9051 ext. 130.

Researched by SFVBJ Staff
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:The List, real estate industry
Author:Garcia, Shelly
Publication:San Fernando Valley Business Journal
Article Type:Illustration
Geographic Code:1USA
Date:Feb 16, 2004
Words:2762
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