Trizec Names John R. Barganski Vice President, Leasing of Southern California Region
11 January 2006 - 5:00AM
Business Wire
Trizec Adds Respected Southern California Veteran to Serve
Portfolio Needs; Continues Search for Head of Region Trizec
Properties, Inc. (NYSE:TRZ) today announced the appointment of John
R. Barganski as vice president, leasing of the company's Southern
California Region, effective January 2006. Barganski, who possesses
more than two decades of commercial real estate experience
throughout Los Angeles and Orange County, will be responsible for
leasing Trizec's expanding Southern California Region. Trizec
recently announced plans to purchase 13 of Arden Realty's
properties in a $1.63 billion transaction expected to close prior
to the end of the second quarter 2006. Upon closing of this
transaction, Trizec's local portfolio will nearly double in size to
a total of 18 properties comprising more than 8.6 million square
feet of office space concentrated in downtown Los Angeles, West Los
Angeles and San Diego. "We identified Southern California as an
attractive market with sound fundamentals, and an area where we'd
like to grow. In the past 18 months, we've added two high-quality
assets to our Southern California portfolio with Bank of America
Plaza and Figueroa at Wilshire. Now, we've added another great
asset to the company with the hiring of a strong leasing leader,"
said Bill Tresham, Trizec's executive vice president & chief
operating officer. "With the Arden acquisition approaching, there
couldn't be a more exciting time to bring on a respected
professional to uphold Trizec's high-level of customer and broker
service. John's knowledge of the market and proven track record as
an equitable dealmaker will make him a good addition to our team."
In his new position, Barganski will assume oversight of Trizec's
leasing team in the Southern California Region. He will report to
Tresham, in a new regional structure for Trizec which adds Southern
California to its three other regions, including the Eastern,
Central and Southwest Regions. Meanwhile, Trizec continues its
search for a regional head of the Southern California Region, to
whom both Barganski and Patrick Lacey, Trizec's vice president and
general manager-operations, will eventually report. "I'm proud to
be joining the Trizec team and this will be a wonderful opportunity
to be working again in downtown Los Angeles, where I worked for 15
years, and a great challenge to expand into West Los Angeles and
San Diego once the Arden transaction is completed," said Barganski.
"Over the years I have formed a number of great working
relationships and friendships with brokers and major tenants in
Southern California. It is important for me to be part of an
organization, like Trizec, that values and prioritizes those
long-term relationships that ultimately tie to leasing successes."
Barganski joins Trizec from C.J. Segerstom & Sons, where for
the past six years he oversaw leasing and marketing as the director
of the two-million-square-foot The Offices of South Coast Plaza
complex in Orange County, Calif. His vast experience in the
commercial real estate industry also has included positions as
partner/vice president-marketing and leasing with PacTen Partners
in Los Angeles, director-agency leasing group with Cushman &
Wakefield in Los Angeles, vice president-marketing and leasing with
Premisys in Los Angeles, marketing-leasing director for Citicorp
Plaza & 777 Tower in Los Angeles, and as a broker with Grubb
& Ellis in Los Angeles. A graduate of the University of
Southern California, Barganski holds a bachelor of science degree
in real estate finance, as well as a certificate from USC's
inaugural real estate development program. Barganski is a member of
the Urban Land Institute (ULI) and a member of the National
Association of Office and Industrial Properties (NAIOP). Trizec
Properties, Inc., a real estate investment trust (REIT)
headquartered in Chicago, is one of the largest owners and
operators of commercial office properties in the United States. The
Company has ownership interests in and manages a high-quality
portfolio of 49 office properties totaling approximately 36 million
square feet concentrated in the metropolitan areas of seven major
U.S. cities. The Company trades on the New York Stock Exchange
under the symbol TRZ. For more information, visit Trizec's Web site
at www.trz.com or call toll free at 1 (800) 891-7017.
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