Search
 

GenCorp Hires Former Boeing Realty Chief

SACRAMENTO, CA-The manufacturer of aerospace and defense products and systems hires former Boeing Realty president Philip Cyburt to run its real estate unit.

By Brian K. Miller | Updated on April 15, 2005

SACRAMENTO, CA-The locally based aerospace and defense manufacturer GenCorp has hired former Boeing Realty president Philip Cyburt to run its real estate unit. Cyburt, as CEO of the unit, comes in over the top of GenCorp’s president of Real Estate William Purdy.Cyburt is currently managing director of Cyburt Hall Partners, a real estate investment firm he founded in 2003. Cyburt says he will continue in that capacity, splitting his time between Cyburt Hall and GenCorp. Prior to launching his own firm, Cyburt was president of Boeing Realty, in charge of The Boeing Co.’s worldwide real estate portfolio, which consisted of 125 million square feet in 26 states and 63 countries. Cyburt joined BRC in 1997 from McDonnell Douglas Corporation, where he had been head of real estate since 1990. He has also served as development director for Tishman Realty & Construction and as a commercial real estate broker with Lee & Associates, both based in Los Angeles.According to its most recent annual report, GenCorp owns some 3,900 acres of undeveloped land in California. In addition, it owns or leases 10 operating manufacturing facilities in the US and three sales and marketing offices, and three non-operational facilities, two in the Sacramento area and one in Chartres, France.”With its extensive real estate holdings and development plans in California, GenCorp has the unique opportunity to leverage its existing assets to create a long term real estate business,” says Cyburt.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.