(Mark Your Calendars: RealShare REAL ESTATE 2012, March 22nd in Los Angeles).
MANHATTAN BEACH, CA-Granite Properties has hired Thomas G. Miller to its senior management team as managing director to lead growth of the firm’s platform in Southern California. He plans to accomplish this goal through “strategic acquisitions of office assets throughout the region including Los Angeles, Orange and San Diego Counties.”
Miller, a Los Angeles native, says that Granite Properties’ activities will include acquisitions of office assets in core-plus, value-add and opportunistic investment classes as well as risk-adjusted office development including build-to-suit projects. Granite Properties offices will be located here in Manhattan Beach, CA.
Miller said that Granite Properties plans to scale its employee growth with its portfolio growth in Southern California. What attracted Miller to the position was that “Granite properties has a clear vision and strategy, a stable capital base, and best-in-class management and operations capabilities.” He adds that it is a good environment to “pursue growth.”
Granite Properties executive managing director Scott Martin explains that “After an extensive search, we know Tom is the perfect fit for us culturally. He has the breadth of experience and knowledge to grow our presence in Southern California as a part of our vision to expand our platform on both the West and East Coasts. This growth scenario can’t happen without great people working together as a team to create an enduring national real estate company.”
Immediately prior to joining Granite Properties, Miller oversaw the family office for Miller Investment Partners, which invests in direct equity, debt and limited partnership interests in real estate assets in California. Previously he was senior vice president for the Irvine Co. where he led the acquisitions, asset management, property management, construction management and marketing groups for the firm’s 36-million-square-foot high-rise and campus office portfolio with more than $1 billion of annual revenue.
Prior to the Irvine Co., he was managing director of investments for Crescent Real Estate Equities, a NYSE-listed office real estate investment trust where he led over $900 million of capital transactions as well as office and hotel development for the firm. He was also a member of the Crescent management and investment committees, which were responsible for executing the $6.5-billion sale of Crescent to Morgan Stanley Real Estate in 2007. Miller also spent 19 years with Jones Lang LaSalle where he had numerous responsibilities including CEO of Jones Lang LaSalle Japan, managing director of the US corporate finance group, and international director of the firm.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
