Hines has promoted three of its executives in its Southern California offices. According to a statement released Tuesday by the Houston-based private real estate firm, Jim Bonham, Ray Lawler and Twardowski have all been promoted to new positions within the company.
A spokeswoman for Hines confirmed that the three executives started their new roles at the beginning of this month and report directly to Jim Buie, senior managing director and chief executive officer in charge of operations in western US and Asia Pacific. Buie is based in the firm’s San Francisco office.
Bonham has been promoted to managing director, asset management, in the firm’s Los Angeles office. He joined Hines in 1988 as a staff accountant for the development of Figueroa at Wilshire. In 2005, he was promoted to asset manager and has served in that capacity for approximately nine million square feet of office space in greater Los Angeles and Utah.
In his prior role as asset manager, Bonham played an integral part in the acquisition of the firm’s current Los Angeles portfolio, which totals nearly 8.5 million square feet. In his new position, he will continue as the head of asset management for Los Angeles County, and remain an integral part in developing new business.
In addition, Lawler has been promoted to managing director in Hines’ Irvine office where he leads the firm’s Orange County development and investment operations. His new responsibilities include acquisitions, dispositions, asset management, development and renovation projects as well as new business efforts.
Lawler joined the firm in 2007 and has been instrumental in growing Hines’ 1.3 million square foot Orange County portfolio, which includes California Green, 17600 Gillette, 17885 Von Karman, Alton Corporate Plaza and Bay Technology Center.
Finally, Twardowski has been promoted to senior managing director. He will be responsible for overseeing all of Hines’ investments and management in Orange and San Diego counties, including acquisitions, dispositions, asset management, development and renovation projects.
Since joining Hines in 1998, Twardowski has contributed to the development, acquisition, financing and management of 9.2 million square feet of commercial real estate representing approximately $2.9 billion.
Currently, Hines’ 4.1 million-square-foot portfolio in Orange and San Diego counties includes La Jolla Commons (a one million square-foot mixed-use campus in University Towne Center), 525 B Street (a 440,000 square foot office building in downtown San Diego) and Alton Corporate Plaza (a 315,000 square foot office campus in Irvine) among other properties.
Prior to his current role, Twardowski was based in Los Angeles for Hines with activities including the purchase of Union Bank Plaza, a 625,000 square foot office building in downtown Los Angeles; and the equity refinancing of Figueroa at Wilshire; a one million-square-foot office building in downtown Los Angeles).
For the five prior years, Twardowski was with the San Francisco office of Hines working on the National Office Partners Limited Partnership, a $3 billion office property investment joint venture between Hines and the California Public Employees Retirement System (CalPERS).