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 theft 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. --Shelly Garcia Gar·ci·a , Jerome John Known as "Jerry." 1942-1995. American musician who gained fame as the cofounder and lead guitarist of the folk-rock group the Grateful Dead (1965-1995). 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:
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-acre parcels--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. --Shelly Garcia
Current Valley
Valley-area Projects
Projects (millions)
(millions) (sq. footage/
(sq. footage/ no. of
no. of projects)
Company projects) * under
* name * developed construction
Rank * address * owned * entitled only
1 Spirit Properties, Ltd. 6.7/2 0.440/8
21070 Centre Pointe Parkway 6.7/2 2.100/12
Santa Clarita 91350
2 Voit Development Co. 5.3/20 0.317/2
21700 Oxnard St., Suite 350 0.21/1 .280/1
Woodland Hills 91367
3 Trammell Crow Company 4.5/11 0.16/1
3 Park Plaza, #1600 0/0 0/0
Irvine 92614
4 Agora Realty & Management, 2.65/31 0/0
Inc. 0.52/9 0.148/1
15206 Ventura Blvd., #306
Sherman Oaks 91302
5 Cusumano Real Estate Group 2.1/30 0.075/1
101 S. First St., #400 2.06/34 0/0
Burbank 91502
6 Katell Properties LLC 2.01/6 0/0
5318 E. 2nd St., Suite 506 1.05/4 0/0
Long Beach 90803
7 M. David Paul & Associates 1.48/10 0.195/1
233 Wilshire Blvd. 1.4/8 0.735/2
Suite 990
Santa Monica 90401
8 Selleck Development 1.37/17 0/0
Group Inc. 0.22/1 0.060/1
2660 Townsgate Road,
Suite 250
Westlake Village 91361
9 Lowe Enterprises 1.13/13 0/0
11777 San Vicente Blvd., 0/0 0/0
Suite 900
Los Angeles 90049
10 The Johnston Group 0.95/9 0/0
26635 W. Agoura Road, 0.66/6 0.060/1
Suite 105
Calabasas 91302
11 Zelman Development Co. 0.9/2 0/0
515 S. Figueroa St., #1230 0.62/2 30 acres/na
Los Angeles 90071
12 Regent Properties 0.81/3 0/0
450 N. Roxbury Dr. 0.81/3 0.04/1
Beverly Hills 90210
13 Legacy Partners 0.64/3 0.235/1
4000 E. 3rd Ave., Suite 600 0/0 0/0
Foster City 94404
14 Caruso Affiliated Holdings 0.64/4 0/0
101 The Grove Drive 0.64/4 0.05/1
Los Angeles 90036
15 J. H. Snyder Co. 0.61/4 0.130/2
5757 Wilshire Blvd., 0.25/2 0.320/2
Los Angeles 90036
16 Westfield America Inc. .31/1 0/0
11601 Wilshire Blvd., 1.7/3 3.900/2
12th Floor
Los Angeles 90025
17 Robertson Properties Group 0.24/2 0.127/1
120 N. Robertson Blvd. 4.80/5 0.200/1
Los Angeles 90048
18 Kilroy Realty Corporation 0.21/1 0/0
24025-23925 Park Sorrento 0.70/5 0/0
Calabasas 91302
19 Crown Realty & Development, 0.11/3 0/0
Inc. 1.9/4 0.500/1
201 E. Magnolia Blvd., #151
Burbank 91501
20 General Growth Properties 0/0 0/0
21650 Oxnard St, Suite 500 3.979/3 0/0
Woodland Hills 91367
Current Valley-area Fee
Valley-area Work in
Renovations Progress
(millions) (millions)
Company * sq. footage * sq. footage
* name * no. of * no. of
Rank * address projects projects
1 Spirit Properties, Ltd. 0 0
21070 Centre Pointe Parkway 0 0
Santa Clarita 91350
2 Voit Development Co. 0/0 0.200
21700 Oxnard St., Suite 350 0/0 1
Woodland Hills 91367
3 Trammell Crow Company 0 1.10
3 Park Plaza, #1600 0 3
Irvine 92614
4 Agora Realty & Management, 0.078 0
Inc. 1 0
15206 Ventura Blvd., #306
Sherman Oaks 91302
5 Cusumano Real Estate Group 0 0
101 S. First St., #400 0 0
Burbank 91502
6 Katell Properties LLC 0 0
5318 E. 2nd St., Suite 506 0 0
Long Beach 90803
7 M. David Paul & Associates 0 0
233 Wilshire Blvd. 0 0
Suite 990
Santa Monica 90401
8 Selleck Development 0.280 0
Group Inc. 2 0
2660 Townsgate Road,
Suite 250
Westlake Village 91361
9 Lowe Enterprises 0 0
11777 San Vicente Blvd., 0 0
Suite 900
Los Angeles 90049
10 The Johnston Group 0.100 0
26635 W. Agoura Road, 1 0
Suite 105
Calabasas 91302
11 Zelman Development Co. 0 0
515 S. Figueroa St., #1230 0 0
Los Angeles 90071
12 Regent Properties 0 0
450 N. Roxbury Dr. 0 0
Beverly Hills 90210
13 Legacy Partners 0 0.235
4000 E. 3rd Ave., Suite 600 0 1
Foster City 94404
14 Caruso Affiliated Holdings 0 0
101 The Grove Drive 0 0
Los Angeles 90036
15 J. H. Snyder Co. 0 0
5757 Wilshire Blvd., 0 0
Los Angeles 90036
16 Westfield America Inc. 0 0
11601 Wilshire Blvd., 0 0
12th Floor
Los Angeles 90025
17 Robertson Properties Group 0 0
120 N. Robertson Blvd. 0 0
Los Angeles 90048
18 Kilroy Realty Corporation 0 0
24025-23925 Park Sorrento 0 0
Calabasas 91302
19 Crown Realty & Development, 0.152 0
Inc. 2 0
201 E. Magnolia Blvd., #151
Burbank 91501
20 General Growth Properties 0 0
21650 Oxnard St, Suite 500 0 0
Woodland Hills 91367
Profile
* headquarters
* year founded Contacts
Company * offices * public
* name (Valley/LA relations
Rank * address County total) * marketing
1 Spirit Properties, Ltd. Santa Clarita Larry Rasmussen
21070 Centre Pointe Parkway 1997 Jim Linn,
Santa Clarita 91350 1/1 Nigel Stout
Grubb & Ellis
2 Voit Development Co. Woodland Hills Judy Brower
21700 Oxnard St., Suite 350 1971 same
Woodland Hills 91367 1/1
3 Trammell Crow Company Dallas Perry Mehrer
3 Park Plaza, #1600 1972 same
Irvine 92614 0/3
4 Agora Realty & Management, Sherman Oaks na
Inc. 1986 Cesar
15206 Ventura Blvd., #306 1/1 de la Cruz
Sherman Oaks 91302
5 Cusumano Real Estate Group Burbank na
101 S. First St., #400 1964 na
Burbank 91502 4/4
6 Katell Properties LLC Long Beach na
5318 E. 2nd St., Suite 506 1976 na
Long Beach 90803 0/1
7 M. David Paul & Associates Santa Monica Jeffrey M.
233 Wilshire Blvd. 1967 Worthe
Suite 990 5/6 Linda Hoyt
Santa Monica 90401
8 Selleck Development Westlake Marnie Volpe
Group Inc. Village Daniel Selleck
2660 Townsgate Road, 1989
Suite 250 1/0
Westlake Village 91361
9 Lowe Enterprises Brentwood Jann Diehl
11777 San Vicente Blvd., 1972 same
Suite 900 0/3
Los Angeles 90049
10 The Johnston Group Calabasas Linda
26635 W. Agoura Road, 1957 Mantarakis
Suite 105 3/3 same
Calabasas 91302
11 Zelman Development Co. Los Angeles na
515 S. Figueroa St., #1230 1965 na
Los Angeles 90071 0/1
12 Regent Properties Beverly Hills Bruce Beck
450 N. Roxbury Dr. 1994 Doug Brown
Beverly Hills 90210 0/1
13 Legacy Partners Foster City, Lisa Morrissey
4000 E. 3rd Ave., Suite 600 Calif. same
Foster City 94404 1968
0/1
14 Caruso Affiliated Holdings Santa Monica Jennifer Gordon
101 The Grove Drive WND same
Los Angeles 90036 WND
15 J. H. Snyder Co. Los Angeles Casey Sayre
5757 Wilshire Blvd., 1949 na
Los Angeles 90036 0/1
16 Westfield America Inc. Los Angeles Catharine C.
11601 Wilshire Blvd., 1960 Dickey
12th Floor 1/8 Todd Putman
Los Angeles 90025
17 Robertson Properties Group Los Angeles Mark Miller
120 N. Robertson Blvd. 1992 Mark Mller/
Los Angeles 90048 0/1 Erinn O'Day
18 Kilroy Realty Corporation Los Angeles na
24025-23925 Park Sorrento 1947
Calabasas 91302 1/4
19 Crown Realty & Development, Beverly Hills, Macy &
Inc. Irvine Associates
201 E. Magnolia Blvd., #151 1994
Burbank 91501 2/3
20 General Growth Properties Chicago Lisa Gordon,
21650 Oxnard St, Suite 500 1954 same
Woodland Hills 91367 1/1
Top Local Executive
Company * name
* name * title
Rank * address * phone number
1 Spirit Properties, Ltd. Larry Rasmussen
21070 Centre Pointe Parkway president
Santa Clarita 91350 (661) 259-5606
2 Voit Development Co. Tim Regan
21700 Oxnard St., Suite 350 vp development
Woodland Hills 91367 (818) 593-6330
3 Trammell Crow Company Tom Bak
3 Park Plaza, #1600 managing director
Irvine 92614 (949) 477-4702
4 Agora Realty & Management, C. Lefton/M.Bollenbacher
Inc. ceo/president
15206 Ventura Blvd., #306 (818) 985-7100
Sherman Oaks 91302
5 Cusumano Real Estate Group Charles Cusumano
101 S. First St., #400 chairman
Burbank 91502 (818) 841-5800
6 Katell Properties LLC Jerry Katell
5318 E. 2nd St., Suite 506 president
Long Beach 90803 (562) 987-0030
7 M. David Paul & Associates Jeffrey M. Worthe
233 Wilshire Blvd. vp
Suite 990 (310) 393-9653
Santa Monica 90401
8 Selleck Development Daniel F. Selleck
Group Inc. president
2660 Townsgate Road, (805) 495-5400
Suite 250
Westlake Village 91361
9 Lowe Enterprises Robert J. Lowe
11777 San Vicente Blvd., chairman, ceo
Suite 900 (310) 820-6661
Los Angeles 90049
10 The Johnston Group Jeff Johnston
26635 W. Agoura Road, president
Suite 105 (818) 880-0500
Calabasas 91302
11 Zelman Development Co. Ben Reiling
515 S. Figueroa St., #1230 president
Los Angeles 90071 (213) 533-8100
12 Regent Properties D. Brown/J. Dinkin
450 N. Roxbury Dr. managing partners
Beverly Hills 90210 (310) 276-5330
13 Legacy Partners Rich Simons/Scott Word
4000 E. 3rd Ave., Suite 600 sr. vps acquisitions and dev.
Foster City 94404 (949) 261-2100
14 Caruso Affiliated Holdings Rick Caruso
101 The Grove Drive ceo
Los Angeles 90036 (818) 222-3444
15 J. H. Snyder Co. J. Snyder/C. Goldstein
5757 Wilshire Blvd., partners
Los Angeles 90036 (323) 857-5346
16 Westfield America Inc. Peter S. Lowy
11601 Wilshire Blvd., ceo
12th Floor (310) 445-2407
Los Angeles 90025
17 Robertson Properties Group Neil Haltrecht
120 N. Robertson Blvd. president
Los Angeles 90048 (310) 652-3620
18 Kilroy Realty Corporation J. Kilroy
24025-23925 Park Sorrento ceo
Calabasas 91302 (818) 591-9451
19 Crown Realty & Development, Jim O'Neil
Inc. exec. vp, development
201 E. Magnolia Blvd., #151 (949) 476-2200
Burbank 91501
20 General Growth Properties Mark Adair
21650 Oxnard St, Suite 500 vp of leasing
Woodland Hills 91367 (818) 673-1000
na--Not 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
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