Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside 
Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids 
FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
BlueScope Steel Shares Slip After Board Rejects A$13.2 Billion Takeover Bid 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity 
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
Federal Appeals Court Blocks Trump-Era Hospital Drug Rebate Plan 
Rio Tinto–Glencore Merger Talks Spark Investor Debate Over Value, Strategy and Coal Exposure 
Samsung Forecasts Strong Q4 Profit on AI-Driven Memory Chip Boom 
NEWPORT BEACH, Calif., Oct. 25, 2017 -- Birtcher Development LLC, one of the preeminent industrial real estate developers nationwide with five generations of family ownership, today announces the next iteration of the company. With Brandon Birtcher at the helm of the fourth generation and Brooke Birtcher Gustafson at the fifth, Birtcher Development LLC will continue to carry out a historic family legacy and shape the future of the industrial real estate landscape for many years to come.
The relaunch includes a new brand identity that prominently features the Birtcher family crest, a nod to the company’s rich 78-year family heritage. The brand visually communicates a modern look and feel that celebrates Brooke as the fifth generation and future of the company.
“Relaunching Birtcher Development LLC alongside my daughter marks a momentous occasion in the Birtcher timeline,” said Brandon Birtcher, CEO of Birtcher Development LLC. “Returning to our family roots has always been a strategic part of our master plan. Coupled with our deep understanding of the industrial landscape, we hope to continue to be one of the trusted developers and/or lessors for companies like Kroger, US Foods, Xerox Corporation, Amazon, Walmart and Georgia Pacific.”
“Our company philosophy has always been that real estate requires the intimate attention of its sponsor, and I look forward to continuing our family tradition by being closely involved in each project while building upon our long-lasting relationships with brokers, tenants and consultants in our core markets,” Brooke Birtcher Gustafson, managing director at Birtcher Development LLC added.
Birtcher Development LLC has received several noteworthy recognitions over the years, including National Association of Industrial and Office Properties’ “Real Estate Developer of the Year,” and Southern California Property Owner’s Association’s “Developer of the Year.” The company also was named Orange County Business Journal’s “Family Business of the Year.” Recently, Brooke received Connect Media’s Next Generation Award.
Since its inception, Birtcher entities have ventured with more than 100 partners, including Southern Pacific Railroad, Mitsui, Mutual of New York, Xerox Corporation, State Farm Insurance and Mass Mutual to name a few. Its most recent partnership included a four-year, $1.7 billion joint venture with Goodman Group of Australia and the Canadian Pension Plan Investment Board.
About Birtcher Development LLC
Newport Beach, California-based Birtcher Development LLC is a fifth generation, family industrial real estate company founded in 1939. Since its inception, Birtcher has acquired, managed or developed more than 65 million square feet as a result of more than 260 projects valued in excess of $7 billion dollars. The company develops speculative “Big Box” logistics warehouse facilities ranging from 100,000 square feet in the high-demand major metro infill markets to 1.5 million square feet in the highest-barrier-to-entry markets of the U.S. that also demonstrate the highest absorption. Learn more at Birtcher.com.
Contact: Jade Terry | Kristina Sarenas
714-263-8752 | 714-263-8750
[email protected] | [email protected]
