Katell, Kious Feted by NACORE

LOS ANGELES-Nearly 500 of Southern California’s top real estate professionals turned out last night to honor prominent developer Gerald L. Katell and Walt Disney Co. executive Lynn G. Kious as NACORE International’s “executives of the year.”

Katell, president of locally based Katell Properties LLC, has built more than five million sf of commercial space since starting his firm in 1976. Before that, the native New Yorker was involved in countless projects as an executive at companies that included the Oceanic Properties unit of Castle & Cooke in Hawaii, Farwest Capital Co. in Seattle, and Parking Structures International in Los Angeles. From 1976 to 1983, he also served as president of W&K Co.—the joint venture he struck with his longtime friend and mentor, Ray Watt of Southland-based building giant Watt Industries.

Katell is perhaps best known for his work in the San Fernando Valley, where the offices and shopping centers he built helped turn the once-quiet bedroom community into a bustling center of commerce. “People talk a lot about the Valley projects, but there really was no ‘secret’ to their success,” Katell told GlobeSt.com. “We just started building projects close to where all the executives and workers lived.”