Kearny Real Estate Company Elevates Hoonie Kang to Managing Partner

LOS ANGELES - Oct. 5, 2023 - PRLog -- Kearny Real Estate Company (Kearny) announced that Hoonie Kang has been promoted to Managing Partner.

Kang will oversee the day-to-day operations of the firm allowing Kearny Founder and Chairman Jeff Dritley to focus on bigger picture issues and the firm's overall growth strategy.

A graduate of Harvard, Kang has been an integral part of Kearny's growth and success since joining the firm in 2001.  During his tenure he has overseen the acquisition and/or redevelopment of approximately four million square-feet of office and industrial space as well as the acquisition and successful disposition of $500 million of non-performing loans.

Kearny, which celebrates its 30th anniversary in 2023, has built a reputation for taking on large complex and transformational projects, many of which have been led by Kang and Dritley.  On only his second day of employment it was Kang who helped Kearny win the right to develop a new Los Angeles Air Force Base in El Segundo, CA, the result of an historic land for construction swap with the United States Air Force. Kang also had a prominent role in the acquisition of the 86-acre Vought Aircraft manufacturing facility in Hawthorne, which Kearny redeveloped as Century Business Park, home to Tesla and Space X.  Most recently, Kang led the development and sale of Torrance Industrial Exchange, a 430,000-square-foot industrial project on 20acres of land Kearny acquired in 2019 from PBF Refinery.

"Kearny would not be Kearny without Hoonie," said Dritley.  "Not only are his fingerprints on every complex project we've done, he has been a great leader and mentor to our employees."

About Kearny Real Estate Company.
Kearny Real Estate Company (http://www.kearny.com) is a vertically integrated operating company specializing in the acquisition, development, asset management and property management of office, industrial and land assets in Southern California. It currently has $1.9 billion AUM.