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Lanni: “We are looking to fuel Koll’s growth through strategic joint-venture partnerships.”
IRVINE, CA—The lack of commercial properties available for sale is leading to a lot of dry powder unable to be deployed by institutional investors, the Koll Co.’s new principal Scott Lanni tells GlobeSt.com. As we reported recently, Lanni, formerly with the Irvine Co. and Lyon Communities, will work with managing principal Gerald Yahr and principal Scott Meserve to continue to grow and enhance the company’s portfolio of office and industrial real estate in the western US. We spoke exclusively with Lanni about his new role and how his prior experience will help inform his new position.
GlobeSt.com: What do you hope to accomplish in your new role with the Koll Co.?
Lanni: I plan to help Koll significantly grow its 2.3 million square foot commercial real estateportfolio through expanding its capital markets platform. Koll Co. allows for an entrepreneurial approach to real estate investment. We acquire assets that need to be repositioned or completely redeveloped, and we also look for land for development. We are also looking to fuel Koll’s growth through strategic joint-venture partnerships…
