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2016 FinancialsRank Company• name
• address
• website
Billings• L.A. County
• U.S.
(millions)
Contracts• L.A. County
• U.S.
(millions)
Types of Projects(partial list)
Current Projects(partial list)
Profile• L.A. employees
• offices
(L.A./total)
• headquarters
Top Local Executive• name
• title
• phone
1Turner Construction Co.555 S. Flower St., Suite 4200Los Angeles 90071turnerconstruction.com
$616$10,296
$2,899$12,000
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
LA Stadium and Entertainment Districtat Hollywood Park, LAX MidfieldSatellite Concourse North, KaiserPermanente Baldwin Hills/Crenshaw
3901 / 45New York
Kevin E. DowV.P., General Manager(213) 891-3000
2Swinerton Builders865 S. Figueroa St., Suite 3000Los Angeles 90017swinerton.com
4483,804
1,4909,452
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
LA Union Station Bike Hub, Aven SouthPark, FAA-777 Aviation, Pepperdine -Payson Library, Sheraton San Gabriel
751 / 13San Francisco
Ray HajV.P., Division Manager(213) 896-3400
3Hathaway Dinwiddie Construction Co.811 Wilshire Blvd., Suite 1500Los Angeles 90017hdcco.com
4261,408
1,0724,748
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use
USC Village, Campus at Playa VistaParcel 1 and 2, One Culver
1651 / 3San Francisco
Stephen E. SmithExec. V.P., GeneralManager(213) 236-0500
4Webcor Builders550 S. Hope St., Suite 2100Los Angeles 90071webcor.com
4101,558
1,96711,790
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
New Century Plaza, Metropolis Phase I& II, Silverlake Reservoir Phase II, FourSeasons Private Residences at LosAngeles
3101 / 5San Francisco
Gust SoteropulosSr. V.P., GeneralManager(213) 239-2800
5Walsh Group5777 Century Blvd., Suite 1750Los Angeles 90045walshgroup.com
3985,052
2934,821
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Crenshaw/LAX Transit Corridor, SanGabriel Trench
NA1 / 19Chicago
Michael WhelanPresident, BuildingDivision(310) 342-3400
6Lendlease (US) Construction Inc.800 W. Sixth St., 16th FloorLos Angeles 90017lendlease.com
3862,985
1,844NA
education, entertainment,high tech, hotel, office,parking, retail, mixed-use,multifamily
Circa, Oceanwide Plaza, The Liddel,1133 South Hope Street, El CaminoCommunity College
1751 / 7New York
Michael ConcannonGeneral Manager, LosAngeles(213) 430-4660
7Hensel Phelps18850 Von Korman Ave., Suite 100Irvine 92612henselphelps.com
3223,550
96913,854
airports, education,entertainment, health care,high tech, hotel, office,parking, retail
Southwest Airlines Terminal 1 LAXRenovation, United Airlines LAXTerminal Redevelopment Program, LAMetro Southwest Maintenance Yard
2304 / 9Greeley, Colo.
Cuyler McGinley, V.P.Brad Jeanneret,Executive V.P.(949) 852-0111
8Matt Construction Corp.9814 Norwalk Blvd., Suite 100Santa Fe Springs 90670mattconstruction.com
321533
1,2661,542
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
UDR Wilshire Crescent HeightsResidential Tower, Doheny Condos,AMMP, Archer School for Girls, Centerfor Early Education
1942 / 4Santa FeSprings
Steven F. Matt, CEOMarvin D. Wheat,President(562) 903-2277
9Morley Builders3330 Ocean Park Blvd.Santa Monica 90405morleybuilders.com
318387
663673
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use, multifamily
Santa Monica Proper Hotel, Wren, LAPlaza Village, Southblock, Los AngelesLakers Headquarters, Pen Factory
4991 / 3Santa Monica
Charles MuttilloPresident(310) 399-1600
10C.W. Driver Cos.468 N. Rosemead Blvd.Pasadena 91107cwdriver.com
314719
1,1912,153
education, entertainment,high tech, hotel, office,parking, retail, mixed-use,multifamily
Biola University Science Center, CSUDominguez Hills Science & Innovation,Paseo Colorado Re-Visioning
1041 / 7Pasadena
Dana Roberts, CEOKarl Kreutziger,President(626) 351-8800
11McCarthy Building Co. Inc.20401 S.W. Birch St.Newport Beach 92660mccarthy.com
2972,875
1,39015,169
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, water, solar
Rancho Los Amigos NationalRehabilitation Center, Sunset BronsonStudios CUE Office Building, LAX DeltaAirlines Transformation Project
3570 / 14St. Louis, Mo.
Randy HighlandPresident, CaliforniaRegion(949) 851-8383
12Clark Construction Group-California18201 Von Karman Ave., Suite 800Irvine 92612clarkconstruction.com
2794,971
2,06424,300
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
U.S. Courthouse Los Angeles, LACMTAMaintenance Building 61S, UCLAEngineering Phase VI, LACMTAPershing Square
1621 / 8Bethesda, Md.
Richard M. HeimCEO, Western Region(714) 429-9778
13Skanska USA Inc.444 Flower St., Suite 2200Los Angeles 90071usa.skanska.com/socal
2436,800
1,996NA
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Metro Regional Connector, Sixth StreetViaduct Replacement, Metro Purple LineExtension Phase 1, Fred Harvey BuildingRestoration
1503 / 34Queens, N.Y.
Mike Aparicio, Exec. V.P.Raul Rosales, SeniorV.P.(213) 694-3630
14KPRS Construction Services Inc.2850 Saturn St.Brea 92821kprsinc.com
237446
318619
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use, multifamily
Wilshire Tower, Kite Pharma, Facebook,Glendale Arts Colony, Hyatt Glendale,C3
751 / 4Brea
Joel H. StensbyPresident(714) 672-0800
15W.E. O'Neil Construction Co. ofCalifornia909 N. Sepulveda Blvd., Suite 400El Segundo 90245; weoneil.com
234562
8282,292
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Manhattan Village Mall, Next on LexCommunity, LAWA Parking GarageElevator Upgrades, 2nd and PCH, KaiserPermanente - Foothill Ranch
1742 / 8Chicago
John E. FinnPresident(310) 643-7900
NA - Not Available Note: Kiewit might have qualified for this list, but declined to provideinformation. The information on this list was provided by representatives of the companiesthemselves. Companies are ranked by 2016 billings for general contracting services workperformed in L.A. County.To the best of our knowledge, this information is accurate as of press time. While every effortis made to ensure the accuracy and thoroughness of the list, omissions and typographical
errors sometimes occur. Please send corrections or additions on company letterhead to theResearch Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, LosAngeles 90036. ©2017 Los Angeles Business Journal. This list may not be reprinted in wholeor in part without prior written permission from the editor. Reprints are available fromWright’s Media (877) 652-5295.
Researched by David Nusbaum
12 LOS ANGELES BUSINESS JOURNAL JULY 31, 2017
THE LIST Ranked by 2016 L.A. County billingsGENERAL CONTRACTORS NEXT WEEK
The Largest Telecommunications Companies in Los Angeles County
THE PACESETTER: Turner Construction is the largest general contractor operating in Los Angeles County. The contractor reported $616 million in local billings last year, up from $344 million in 2015. The Chicago firm is part of a joint venture working on the Los Angeles Stadium and Entertainment District at Hollywood Park. Other local projects include a medical office building for Kaiser Permanente Baldwin Hills/Crenshaw, a seismic upgrade for Long Beach Memorial Medical Center and construction of the LAX Midfield Satellite Concourse.
CONDOS: Webcor Builders broke ground on the Four Seasons Private Residences at Los Angeles this year.
SANTA MONICA: Morley Builders is renovating the Pen Factory in Santa Monica, which will include 222,000 square feet of office space upon completion this year.
1
9
4
TRUSTED
RELENTLESS ALLY, CLIENT ADVOCATE
We’re focused on continually improving every aspect of what we do. That’s what sets us apart.
www.balfourbeatttyus.com l 1501 Quail Street, Suite 130 l Newport Beach, CA 92660
Construction StartsA breakdown of the $17.7 billion in new construction started in Los Angeles last year.
Source: ENR California
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’12 ’13 ’14 ’15 ’16
$5.5
5.0
4.5
4.0
3.5
3.0
2.5
’14 16’15 ’1’1 ’1
Market Rebound
’12
0
5
0
5
13 ’1’1 ’11 ’12 ’13 ’14 ’15
4,600
4,500
4,400
4,300
4,200
4,100
4,000’13
4,578
4,456
4,289
4,146
4,068
15’14 ’1’1 ’1
Shaking Out
’11
0
0
0
0
0
0
0’12 ’1’1
2010 2011 2012 2013 2014
’12 ’13 ’14 ’15 ’16
$6.0
5.2
4.4
3.6
2.8
2.0
14 16’15 ’1’1 ’1’12
4
6
8
0
13 ’1’1
’12 ’13 ’14 ’15 ’16
$10
8
6
4
2
0
14 16’15 ’1’1 ’1’12
4
2
0
’13 ’1’1’1
Residential Contracts
Infrastructure Contracts
Commercial Contracts
49%Residential
34%Commercial
17%Infrastructure
12-15_list_general_contractors.indd 12 7/27/2017 6:30:10 PM
JULY 31, 2017 THE LIST LOS ANGELES BUSINESS JOURNAL 13
2016 FinancialsRank Company• name
• address
• website
Billings• L.A. County
• U.S.
(millions)
Contracts• L.A. County
• U.S.
(millions)
Types of Projects(partial list)
Current Projects(partial list)
Profile• L.A. employees
• offices
(L.A./total)
• headquarters
Top Local Executive• name
• title
• phone
16Rudolph and Sletten Inc.16851 Hale Ave.Irvine 92606rsconstruction.com
$233$1,308
$426$3,500
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use, government
UCLA Teaching and Learning Center forHealth Sciences, CSULA PhysicalSciences Building 12 Seismic Retrofit,CSULA Parking Structure E
571 / 6Redwood City
Rene OlivoExecutive V.P.,Operations(949) 252-1919
17Bernards555 First St.San Fernando 91340bernards.com
226513
6701,100
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use, multifamily
Henry Mayo Newhall Hospital NewPatient Tower, LA Harbor CollegeSAILS, Santa Monica College StudentServices Building, Park Fifth
2101 / 5San Fernando
Douglas D. BernardsCEO(818) 898-1521
18PCL Construction Services Inc.500 N. Brand Blvd., Suite 1500Glendale 91203pcl.com
2081,600
1,8006,500
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
LAX Midfield Satellite Concourse North,Banc of California (LAFC) SoccerStadium, UCLA Mo Ostin BasketballCenter
4301 / 18Denver
Jack Sample, V.P.Cathy Orquiola, DistrictManager(818) 246-3481
19DPR Construction88 W. Colorado Blvd., Suite 301Pasadena 91105dpr.com
1703,955
6255,679
education, entertainment,health care, high tech,hotel, office, parking, lifesciences
USC Norris Healthcare Center, USCMichelson Center for ConvergentBioscience, Kaiser Carson - OutpatientSurgery, Kaiser West LA
1281 / 22Redwood City
Michael KonetzkeAbel GonzalezBusiness Unit Leaders(626) 463-1265
20Pankow Builders199 S. Los Robles Ave., Suite 300Pasadena 91101pankow.com
170333
6991,235
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Metropolis Phase 2 Residential Tower 3,Ford Theatre Renovations, WestHollywood Edition Hotel andResidences, City National NT52
NA1 / 5Pasadena
Kim LumCEO(626) 304-1190
21Howard Building Corp.707 Wilshire Blvd., Suite 3750Los Angeles 90017howardbuilding.com
167312
192355
education, entertainment,health care, high tech,office, retail, financial, law
Viacom, Symantec, Farmers Insurance,Snap Inc., AwesomenessTV, Kavo Kerr
881 / 2Los Angeles
Mark FullerExecutive Vice President(213) 683-1850
22ARB Inc.26000 Commercentre DriveLake Forest 92630arbinc.com
149540
5221,500
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
I-5 Widening Segment 2 PipelineRelocation Project, Venice Dual ForceMain & Pumping Plant GeneratorReplacement Project
2121 / 8Dallas
Tim Healy/ScottSummers/Mark ThumanPresidents(949) 598-9242
23Suffolk550 S. Hope St., Suite 510Los Angeles 90070suffolk.com
1412,900
7367,300
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Sunset La Cienega, Grand Hope Lofts,Park Fifth, 8899 Beverly, Market Place,801 Grand Lobby Renovation
711 / 9Boston
Mark DiNapoliGeneral Manager,National COO(949) 453-9400
24Kemp Bros. Construction Inc.10135 Geary Ave.Santa Fe Springs 90670kempbros.com
125125
205205
education, entertainment,health care, office, retail,transportation, municipal,seismic upgrades
Monsenor Oscar Romero CharterSchool, Castaic High School, LAUSDInternational Studies Learning Center,LA Mission College Media Arts Center
521 / 1Santa FeSprings
Greg S. SolaasCEO(562) 236-5000
25Del Amo Construction23840 Madison St.Torrance 90505delamoconstruction.com
123123
217217
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Atlas Alameda Square Bldg. No. 3,Brentwood Middle School, St. JohnVianney, PCSD Soto, Stephen WiseTemple Katz Pavilion
951 / 1Torrance
Steve DonahuePresident(310) 378-6203
NA - Not Available Note: Kiewit might have qualified for this list, but declined to provideinformation. The information on this list was provided by representatives of the companies
themselves. Companies are ranked by 2016 billings for general contracting services workperformed in L.A. County.
Researched by David Nusbaum
Knowledge and dedication sets us apart. We provide our clients with industry-leading solutions; building on time, on budget, and with quality. KPRS is proud to partner with IDS Real Estate on the C3 project designed by Gensler.
Learn more about what we can do for you at www.kprsinc.com.
C3 Office
KPRS Construction: Building Your Vision
License No. 751130 www.kprsinc.com
Continued on page 14
GENERAL CONTRACTORS
WESTWOOD: PCL Construction is building several projects at UCLA including the Mo Ostin Basketball Center, Wasserman Football Center, Anderson School of Management expansion and Margan Apartments.
18
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’12 ’13 ’14 ’15 ’16
$5.5
5.0
4.5
4.0
3.5
3.0
2.5
’14 16’15 ’1’1 ’1
Market Rebound
’12
0
5
0
5
13 ’1’1 ’11 ’12 ’13 ’14 ’15
4,600
4,500
4,400
4,300
4,200
4,100
4,000’13
4,578
4,456
4,289
4,146
4,068
15’14 ’1’1 ’1
Shaking Out
’11
0
0
0
0
0
0
0’12 ’1’1
2010 2011 2012 2013 2014
’12 ’13 ’14 ’15 ’16
$6.0
5.2
4.4
3.6
2.8
2.0
14 16’15 ’1’1 ’1’12
4
6
8
0
13 ’1’1
’12 ’13 ’14 ’15 ’16
$10
8
6
4
2
0
14 16’15 ’1’1 ’1’12
4
2
0
’13 ’1’1’1
Residential Contracts
Infrastructure Contracts
Commercial Contracts
Commercial ContractsCommercial and manufacturing construction starts in L.A. County increased last year. (in billions)
Source: ENR California
12-15_list_general_contractors.indd 13 7/27/2017 6:30:23 PM
14 LOS ANGELES BUSINESS JOURNAL THE LIST JULY 31, 2017
Proudly announces
has renewed its lease at
Special thanks to Eric Moore of Avison Young
FOR LEASING INFORMATION:
ALAN E. POLLEY213 243 1260
2016 FinancialsRank Company• name
• address
• website
Billings• L.A. County
• U.S.
(millions)
Contracts• L.A. County
• U.S.
(millions)
Types of Projects(partial list)
Current Projects(partial list)
Profile• L.A. employees
• offices
(L.A./total)
• headquarters
Top Local Executive• name
• title
• phone
26Shangri-La Construction550 S. Hope St., Suite 700Los Angeles 90071shangrilaconstruction.com
$118$126
$196$219
education, entertainment,health care, hotel, office,retail, mixed-use,multifamily
Hotel Figueroa Renovation, FreehandHotel, Cavalleri Malibu, SerenadeModern Flats, Sonata Modern Flats, 405Mateo
641 / 1Los Angeles
Andy MeyersCEO(213) 797-4240
27Clune Construction Co.350 S. Grand Ave., Suite 1600Los Angeles 90071clunegc.com
118922
72566
airports, education,entertainment, health care,high tech, hotel, office,retail, data centers
USC, ADP, Hulu, Bright Horizons,Eataly, Cal Wellness
591 / 6Chicago
Bob DahlstromPresident, WesternRegion(213) 680-7441
28Balfour Beatty US1501 Quail St., Suite 130Newport Beach 92660balfourbeattyus.com
1184,597
449NA
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Torrance High School (Torrance USD),New Wiseburn High School (Phase Iand II) (Wiseburn USD), West HighSchool (Torrance USD), Pierce College
541 / 54Dallas
Brian Cahill, DivisionPresidentJohn Bernardy, Sr. V.P.(949) 502-4000
29Security Paving Co. Inc.13170 Telfair Ave.Sylmar 91342securitypaving.com
110205
325650
transportation I-5 Norwalk, I-5 Burbank, I-5 La Mirada,I-405 Culver City, I-5 and I-710 City ofCommerce, SR-118 Ventura CountyLine to I-210
3501 / 3Sylmar
Michael MattiviCEO(818) 362-9200
30Pacific National Group2392 S. Bateman Ave.Irwindale 91010pacnatgroup.com
104140
267310
airports, education,entertainment, health care,high tech, hotel, office,parking, retail
Boeing Co., Northrop Grumman Corp.,Raytheon Co., Cedars-Sinai MedicalCenter, NBCUniversal, Nordstrom Inc.,Neiman Marcus
564 / 4Irwindale
Steve MathisonPresident(626) 357-4400
31Turelk Inc.3700 Santa Fe Ave., Suite 200Long Beach 90810turelk.com
100148
100148
office, adaptive reuse WeWork, Deutsch, Wells Fargo, Fidelity 1002 / 3Long Beach
Mike TuriPresident(310) 835-3736
32Oltmans Construction Co.10005 Mission Mill RoadWhittier 90601oltmans.com
95438
2011,161
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Westside Family YMCA, Ganahl Lumber,United Pacific, Downtown West MedicalOffice Building & Parking Structure,Iron Mountain
4001 / 3Whittier
J.O. Oltmans II,Chairman, CEOJohn Gormly, President(562) 948-4242
33R.D. Olson Construction Inc.2955 Main St., Third FloorIrvine 92614rdolson.com
91218
59222
education, entertainment,health care, hotel, office,parking, retail, mixed-use,multifamily
Nomad Hotel, San Vicente Bungalows,H Hotel, AC Hotel, Residence Inn/Courtyard Marina Del Rey, Marriott LAX
NA0 / 1Irvine
Bill WilhelmPresident(949) 474-2001
34Shawmut Design and Construction11390 W. Olympic Blvd., Suite 200Los Angeles 90064shawmut.com
891,316
1824,282
airports, entertainment,high tech, hotel, office,retail, mixed-use,restaurants
Soho Warehouse, Fred Segal SunsetBlvd., Reformation Melrose Ave.,Goyard Beverly Hills, Hoxton Hotel S.Broadway, Harry Winston Beverly Hills
901 / 9Boston
Vincent SpataroDirector, SouthernCalifornia Region(323) 602-1000
35Taslimi Construction Co. Inc.1805 Colorado Ave.Santa Monica 90404taslimi.com
8989
152152
education, entertainment,high tech, hotel, office,parking, retail, museums
Wilshire Grand, LionsgateEntertainment, Fox Networks Group,Imagine Entertainment, Oracle, CreativeArtists Agency
751 / 1Santa Monica
Shidan TaslimiMehran TaslimiCo-Presidents(310) 447-3000
NA - Not Available Note: Kiewit might have qualified for this list, but declined to provideinformation. The information on this list was provided by representatives of the companies
themselves. Companies are ranked by 2016 billings for general contracting services workperformed in L.A. County.
Researched by David Nusbaum
It’s easier than ever to fi nd
The Communityof Business.TM
labusinessjournal.com
T H E C O M M U N I T Y O F B U S I N E S S ™
LOS ANGELES BUSINESS JOURNALL A B U S I N E S S J O U R N A L . C O M
Vol. 39, No. 5 January 30 – February 5, 2017 • $5.00
By DAINA BETH SOLOMON Staff Reporter
Dante Cardenas packages his oregano, sage, beets, and radishes in Vernon, but just a few years ago
he ran his business, E.D. Produce Inc., out of a low-slung warehouse in the Arts District. He sold the 9,900-square-foot space in 2014, once he realized its value had quadrupled over the $1 million dollars he paid for it just a few years previously.
“It’s better for me to have something
that I can leave for the future, perhaps to my children,” Cardenas said in Spanish. “Now, I have no thoughts of moving. We’re doing very well here.”
The property value is not likely to mul-tiply as it did in the Arts District, but there are other benefits to fleeing the hubbub of the fast-developing downtown neigh-borhood, with its apartments, offices, and eateries. His was among several companies that have taken flight to industrial centers in Vernon, Commerce, the City of Industry, and South Los Angeles.
“The location became challenging,” said Jae Yoo, a senior vice president at CBRE who marketed Cardenas’ warehouse. “It’s not only because the trucks have to compete against people walking on the streets, which becomes a danger and a liability. What they’re doing is thinking about the future.”
As property owners look ahead, many are landing fat paychecks from developers keen on razing or redeveloping old ware-houses, while lessees are finding themselves
Arts District industrial property owners sold on big paydays
Please see REAL ESTATE page 51
New Roots: Dante Cardenas at E.D. Produce
in Vernon.
RIN
GO
H.W
. CH
IU/L
AB
J
By GARRETT REIM Staff Reporter
Bot Home Automation Inc., maker of a video cam-era-rigged doorbell called Ring, last week raised a $109 million Series D round and said it is aiming for an initial public of-fering before the end of the year.
The Santa Monica firm has come a long way since Chief Executive Jamie Siminoff pitched the product on ABC reality TV contest “Shark Tank” and subsequently rejected a tight-fisted investment deal from one of the show’s
Ringer Makes D Series NoiseTECHNOLOGY: Bot Home’s $109 million feeds IPO buzz.
Please see TECHNOLOGY page 12
By HENRY MEIER Staff Reporter
As Snap Inc. moves closer to an expected initial public offering this spring, the Venice photo-shar-ing company is going through a rite of passage: de-fending itself against a slew of legal actions.
Lawsuits filed in the last sixth months include an array of complaints targeting the company be-hind the popular Snapchat app, including claims that parts of the tech unicorn’s underlying product infringe on patent holders’ intellectual property as well as allegations from a former executive that
Snap DecisionsINVESTMENT: Will tech giantfight suits to clear IPO path?
By GARRETT REIM Staff Reporter
Cloud Constellation Corp. has a far-flung idea.
As businesses and governments consid-er ways to protect data in light of increased cyberattacks and surveillance, the startup is offering them a chance to put their informa-
tion out of reach by storing it on servers within satellites or-biting the Earth.
While its system has yet to leave the ground, the compa-ny received a boost last month from Palo Alto commercial satellite manufacturer SSL, which has agreed to build Cloud Constellation’s sat-ellites and invested, along with other backers, an undisclosed sum in the Westwood company.
Cloud Constellation is projecting it will be able to launch its constellation of 14 low Earth-or-biting satellites by the first quarter of 2019.
“The advantage (of our system) is that the data that you are transmitting has no relationship or no exposure to the public networks,” said Cliff Beek, the company’s president. “There are leaks inside the network that we call the internet.”
Cloud Constellation is not alone in its pursuit of a space-based data storage and
Firm’s Data Storage Plan Out of This WorldINTERNET: Startups look to satellites for higher security.
Monthly cost to store 3 terabytes
of data in space.
$5,000
M A I L T O :
Green In Bag
Siminoff
LARRY BUSACCA/GETTY IMAGES
Targeted Tech: Snap Inc.’s Evan Spiegel.
Please see INTERNET page 51 Please see INVESTMENT page 52
FILMAwards season means increased ad spending across platforms.12 BANKING
Steven Sugarman’s exit from Banc of California opens up prime Santa Monica real estate.
REAL ESTATEPlans for two residential towers to be built at the L.A. Times site begin to take shape.3
A game-Changing Commercial Real Estate Platform.
West LA: ◆ www.ngkf.com
7season means
01_LABJ_01-30-17.indd 1 1/26/2017 11:37:07 PM
Continued from page 13GENERAL CONTRACTORS
DOWNTOWN: Shangri-La Construction is working on the renovation of Figueroa Hotel in downtown Los Angeles.
26
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’12 ’13 ’14 ’15 ’16
$5.5
5.0
4.5
4.0
3.5
3.0
2.5
’14 16’15 ’1’1 ’1
Market Rebound
’12
0
5
0
5
13 ’1’1 ’11 ’12 ’13 ’14 ’15
4,600
4,500
4,400
4,300
4,200
4,100
4,000’13
4,578
4,456
4,289
4,146
4,068
15’14 ’1’1 ’1
Shaking Out
’11
0
0
0
0
0
0
0’12 ’1’1
2010 2011 2012 2013 2014
’12 ’13 ’14 ’15 ’16
$6.0
5.2
4.4
3.6
2.8
2.0
14 16’15 ’1’1 ’1’12
4
6
8
0
13 ’1’1
’12 ’13 ’14 ’15 ’16
$10
8
6
4
2
0
14 16’15 ’1’1 ’1’12
4
2
0
’13 ’1’1’1
Residential Contracts
Infrastructure Contracts
Commercial Contracts
Infrastructure ContractsInfrastructure construction starts in L.A. County declined last year. (in billions)
Source: ENR California
12-15_list_general_contractors.indd 14 7/27/2017 6:30:38 PM
JULY 31, 2017 THE LIST LOS ANGELES BUSINESS JOURNAL 15
2016 FinancialsRank Company• name
• address
• website
Billings• L.A. County
• U.S.
(millions)
Contracts• L.A. County
• U.S.
(millions)
Types of Projects(partial list)
Current Projects(partial list)
Profile• L.A. employees
• offices
(L.A./total)
• headquarters
Top Local Executive• name
• title
• phone
36Bomel Construction8195 E. Kaiser Blvd.Anaheim 92808bomelconstruction.com
$87$214
$23$234
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Parking Structures: College of theCanyons, Downtown L.A. Toyota,Providence Breeze, Sunrise Ford
400 / 3Anaheim Hills
Derral McGinnisV.P., BusinessDevelopment(714) 921-1660
37Millie and Severson Inc.3601 Serpentine DriveLos Alamitos 90720mandsinc.com
84279
227704
education, entertainment,health care, high tech,hotel, office, parking, retail,mixed-use, industrial
Good Samaritan Medical Pavilion,Young Israel of Century City, GoodmanLogistics Center, Hillsides Organization,PIH Downey
11 / 4Los Alamitos
Brian T. CresapPresident(562) 493-3611
38Austin Commercial6100 Center Drive, Suite 1175Los Angeles 90045austin-ind.com/commercial
791,423
10249
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Playa Jefferson Building E, CaltechKimberly See Laboratory, Caltech MaxRobb Laboratory
401 / 10Dallas
Ralph KetchumV.P., Western Region(310) 421-0269
39W.A. Rasic Construction Co. Inc.4150 Long Beach Blvd.Long Beach 90807warasic.com
79111
218353
airports, education,parking, retail
LADWP RSC 5 & 6, LAX Central PlantUtility Distribution, LACSD J.O. "C" Unit1 Phase II, Metro Westside FairfaxStation, Tujunga Wash
4002 / 4Long Beach
Rasic FamilyOwners(562) 928-6111
40KCS West Inc.250 E. First St., Suite 600Los Angeles 90012kcswest.com
741,906
2413,800
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Courtyard Marriott Monterey Park,Congregation Shir Ha-Ma'alot, JSRMicro, Hamamatsu Photonics,Essendant Warehouse
501 / 20Los Angeles
Elmond WanPresident(323) 269-0020
41McGuire Builders Inc.2850 Walnut Ave.Signal Hill 90755mcguirebuilders.net
6732
67120
entertainment, hotel,parking, mixed-use,multifamily, spa, historicadaptive reuse, restaurant
LA Proper Hotel, Viceroy L'ErmitageBeverly Hills, Sheraton Pasadena,Wilshire Vermont
272 / 2Signal Hill
Michael S. TandePaul AllenCo-Presidents(562) 424-3636
42C.E.G. Construction7901 Crossway DrivePico Rivera 90660cegconstruction.com
6161
7474
office, retail, industrialwarehousing, businessparks, food processing andcold storage
500 S. Santa Fe Ave., Alameda & MartinLuther, 9211 Sorenson Ave., 10620 &10668 Hickson St., 2652 Long BeachAve., 14013 Marquardt Ave.
NA1 / 1Pico Rivera
Trace J. ChalmersPresident(562) 948-4850
43Bayley Construction23101 Lake Center Drive, Suite 200Lake Forest 92630bayley.net
50223
68362
airports, education,entertainment, health care,high tech, hotel, office,parking, retail, mixed-use
Outlets at the Pike, The Bloc-TI, LosCerritos Mall, At Mateo, Del Amo Mall,T-Mobile Flagship Store
141 / 3Mercer Island,Wash.
Mark FlorerV.P., Division Manager(714) 540-8863
44City Constructors Inc.129 W. Llewellyn St.Los Angeles 90012cityconstructors.com
2727
2727
entertainment, high tech,hotel, office, retail, mixed-use, multifamily, creativeoffice
City National Plaza, Chevron, 712 OliveStreet, The ROW DTLA, Company 3/Deluxe Creative Services
221 / 1Los Angeles
Bryson ReaumePresident(213) 628-8882
45Parker Brown Inc.6727 Variel Ave.Canoga Park 91303parkerbrowninc.com
2533
1014
education, health care,office, parking, retail,mixed-use, multifamily,surgery centers
Surgery Center Santa Monica, County ofL.A. Offices in Torrance and MontereyPark, Retail in Pasadena and MissionValley Bank in Santa Clarita
441 / 1Canoga Park
John ParkerCFO(818) 999-5078
NA - Not Available Note: Kiewit might have qualified for this list, but declined to provideinformation. The information on this list was provided by representatives of the companies
themselves. Companies are ranked by 2016 billings for general contracting services workperformed in L.A. County.
Researched by David Nusbaum
GENERAL CONTRACTORS
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DOWNTOWN OFFICE30 BIDS
MONTEREY PARK: KCS West began construction on a 288-room Courtyard Marriott hotel in Monterey Park last year.
40
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’12 ’13 ’14 ’15 ’16
$5.5
5.0
4.5
4.0
3.5
3.0
2.5
’14 16’15 ’1’1 ’1
Market Rebound
’12
0
5
0
5
13 ’1’1 ’11 ’12 ’13 ’14 ’15
4,600
4,500
4,400
4,300
4,200
4,100
4,000’13
4,578
4,456
4,289
4,146
4,068
15’14 ’1’1 ’1
Shaking Out
’11
0
0
0
0
0
0
0’12 ’1’1
2010 2011 2012 2013 2014
’12 ’13 ’14 ’15 ’16
$6.0
5.2
4.4
3.6
2.8
2.0
14 16’15 ’1’1 ’1’12
4
6
8
0
13 ’1’1
’12 ’13 ’14 ’15 ’16
$10
8
6
4
2
0
14 16’15 ’1’1 ’1’12
4
2
0
’13 ’1’1’1
Residential Contracts
Infrastructure Contracts
Commercial Contracts
Residential ContractsResidential construction starts in L.A. County increased last year. (in billions)
Source: ENR California
12-15_list_general_contractors.indd 15 7/27/2017 6:30:46 PM