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December 8, 1998 | (Daryl Strickland)
Branching out for the second time in two months, Koll Development Co. of Newport Beach said Monday it has opened an office in Detroit. The national developer said it will pursue build-to-suit, speculative and redevelopment opportunities across the Detroit area. In addition, the company will handle marketing and leasing services for other properties. D.M. Associates LLC awarded Koll the management and marketing duties for Village Plaza, a 12-story, 300,000-square-foot office tower in Dearborn.
April 30, 1997 | (Melinda Fulmer)
Bolsa Chica developer Koll Real Estate Group Inc. said its stock will continue to be listed on the Nasdaq market at least until July 8, pending completion of its debt-for-stock swap. Earlier this month, Nasdaq officials threatened to remove the company because losses had driven the developer's net worth below $4 million.
September 11, 1994
The Times editorial ("Middle Ground Is Best for Bolsa Chica," Sept. 4) that claims that a middle ground must be taken in the Bolsa Chica wetlands development ignores the fact that for the last 40 years developers have had a blank check to exploit Orange County for personal profit. Developers long ago won Orange County. I grew up here when it was a beautiful pastoral paradise. Today, it is an overcrowded metropolitan mess with congested freeways that crawl along at a snail's pace past graffiti-covered signs and walls.
March 22, 1992
Koll Management Services Inc. of Newport Beach reported third-quarter earnings of $727,000, or 22 cents a share, up 19% from $613,000, or 23 cents a share, a year earlier. The per-share earnings reflect a 25% increase in the average number of shares outstanding after the company's initial public offering in July. Revenue for the quarter ended Dec. 31 rose 19%, to $6.8 million from $5.7 million. For the nine-month period, earnings were $1.9 million, or 64 cents a share; they were $1.
January 24, 1999
* Clark R. Wardle has been appointed vice president of Koll Development Co.'s Western division. Based in Newport Beach, Wardle will oversee the development of office, industrial and retail projects in the Western U.S. He was previously vice president of development at R.D. Hubbard Enterprises Inc. in Palm Desert; before that he was principal and vice president of Birtcher Real Estate Inc. * Jeff Bailey has been named president of Commonwealth Energy Products Inc.
August 3, 1989
Steve Layton and Phil Belling have been named vice presidents of development for the Newport division of the Koll Co. Layton, who joined Koll in 1985, has served as the senior development manager for Koll Center Orange, a 22-acre complex in the city of Orange, and has been responsible for managing the development of several buildings within Koll Center Irvine.
August 27, 1992
Joseph Woodard has been appointed president of Koll International Resorts, succeeding Ernest C. Wilson Jr., who died last week. Woodard, 49, had been vice president of resort operations for the unit of Koll Co., a large Newport Beach developer. Woodard was president of Oak Tree Hotels, a resort company he founded, before joining Koll International last year. Koll is developing two resorts near Baja California's Cabo San Lucas.
March 27, 1988
The Koll Co. has won the Ontario Chamber of Commerce's Model Colony Award for the Koll Haven Business Center in Ontario. The chamber said the $25-million mixed-used complex, jointly developed by Koll Co. and William Lyon Co., received the award because it "best reflects the enhancement of the area and the community as a whole." The project was designed by Irvine-based Ware & Malcomb Architects Inc.
February 17, 1993
Koll Co. has pledged 1.81 million shares of Koll Management Services Inc.'s common stock to Wells Fargo Bank N.A. and Bank of America as collateral for a credit agreement with the two banks, Bloomberg Business News reported Tuesday. Koll Co., Koll Management's largest single shareholder, retains all voting rights for the shares in the real estate management company it spun off in 1991.
Home builder Kathryn Thompson has resigned her positions with financially ailing Koll Real Estate Group, which bought her development business several years ago but has been unable to turn it into a profitable enterprise. Thompson's resignation was announced in a brief two-paragraph statement issued Monday by Koll Real Estate Group. The company, an affiliate of developer Donald M. Koll's privately owned Koll Co.
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