Marc Brutten

From Wikitia
Jump to navigation Jump to search
Marc Brutten
Add a Photo
Born(1956-05-25)May 25, 1956
Bryn Mawr, Pennsylvania, US
NationalityAmerican
CitizenshipUnited States of America
Alma materUniversity of California, San Diego
Occupation
Spouse(s)Patricia Brutten
ChildrenChase, Charlotte, and Grant

Marc Brutten (born May 25, 1956) is an American private equity investor,[1] real estate investor, and philanthropist.[2][3] Brutten is Chairman of the Board of Westcore Properties,[4] Brixton Capital,[5] United Apartment Group, and Airport Development Partners, SA.[6]

Early life

Brutten was born May 25, 1956 to Yolanda Molnar, MFA, a professor of modern dance at Bryn Mawr College; and Dr. Milton Brutten, a clinical psychologist and expert on dyslexia,[7] who also founded The Vanguard School (Pennsylvania) in 1959,[8] one of the nation’s first private schools for children with disabilities.[9]

Brutten was educated at the University of California, San Diego.[10]

Career

Via his real estate investment companies, Brutten has raised $7.5 billion of debt and equity with cumulative transaction volume of $10 billion including 900+ buildings totaling 81 million square feet.[11]

Brutten is founder and chairman of Westcore Properties,[2][12][4] a real estate investment firm focusing on institutional and office properties. In 2006, Brutten established Westcore’s first European office in Lausanne, Switzerland and founded Westcore Europe, where he currently still serves as chair.[13]

Brutten is also founder and chairman of Brutten Global,[2][14] a company that has been the founding or principal investor in direct private equity investments in various industries, including toy manufacturing, specialty retailing, banking, professional sports, cosmetic manufacturing, crowdfunding, and service industries.[15]

Brutten also founded and continues to serve as Chairman of Brixton Capital[5] (which owns San Antonio-based property management firm United Apartment Group [UAG])[16] and Airport Development Partners SA (owner of Fairoaks Airport).[17]

Brutten is also the former president of Shidler West, Inc, a company focused on acquiring net leased corporate properties via sale-leasebacks.[2][18]

Real estate assets owned

  • Fairoaks Airport, an airport in Surrey, England
  • Dow Texas Innovation Center, a 34.14-acre research and development (R&D) campus in Lake Jackson, Texas which Brutten acquired in 2020[19]
  • Everett Mall, a 673,000-square-foot shopping mall located in Everett, WA, purchased September 2017[20]
  • Sherwood Mall, a 511,242-square-foot retail center located in Stockton, CA, acquired in March 2017[20]
  • Rogue Valley Mall, a 640,654-square-foot mall located 27-miles from the California-Oregon border, purchased in August 2016[20]
  • Provo Towne Centre, a 664,597-square-foot mall in Provo, UT, purchased January 2016[20]
  • Redlands Mall, in Redlands, CA, purchased in July 2014[21]
  • 1301 Fannin in Houston, TX, a 24-story data center building with major tenant ExxonMobil[22]
  • Del Mar Plaza, a lifestyle shopping center in Del Mar, CA which Brutten acquired in 2017[23][24]
  • LuckyJack Farm, a horse hunter-jumper training facility in Rancho Santa Fe, CA[3]

Personal life

Brutten is an equestrian and a founding member of the San Diego Polo Club.[3] He also holds black belts in Judo and Jiu Jitsu and is a 2012 World Masters Jiu Jitsu gold medalist.[3][25] Brutten is also a collector of contemporary art.[2]

Brutten resides in Del Mar, CA at the historic Canfield-Wright House[3] with his wife, Patricia Brutten.[26]

Civic engagement

Brutten serves on the Sharp Healthcare Board of Directors[1] and is a member of the Burnham-Moores Center for Real Estate's Policy Advisory Board Executive Committee at University of San Diego.[27] He is also a UC San Diego Foundation Trustee,[28] a regent of Boston College, and a member of the City of Del Mar’s Arts Advisory Committee.[29]

Philanthropy and the Brutten Family Foundation

Marc Brutten and his wife, Patricia, founded the Brutten Family Foundation in 1996,[2] a private foundation focused on benefitting San Diego County Charities.[30] A few of those charities include the Make-A-Wish Foundation, San Diego Center for Children, and The New Children's Museum.[30]

Brutten is a supporter of San Pasqual Academy,[31] a residential education campus for foster youth.[32] He has also supported Voices for Children, a nonprofit which provides CASAs (Court Appointed Special Advocates) and other services for foster children.[3] Brutten has also donated more than $100,000 to the San Diego Community Foundation,[33] and more than $2 million to the Brutten Family Foundation, which has donated $50,000 to the United Way of Utah County.[34]

Brutten and his wife provided the initial investment to create the UC San Diego Student Foundation, an organization that teaches students how to invest, fundraise, and manage an endowment to support student scholarships.[18]

Recognition

Brutten was named a “California Real Estate Icon” by Real Estate Forum Magazine in June 2014.[35] In 2018, he was included in the San Diego Business Journal’s “The San Diego 500, The Book of Influential Business Leaders.”[2]

References

  1. ↑ 1.0 1.1 "Two local residents join Sharp HealthCare board". Del Mar Times. 1 August 2020. Retrieved 15 March 2021.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 "SD 500: Marc Brutten". San Diego Business Journal. 4 January 2018. Retrieved 15 March 2021.
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Naversen, Andrea (30 June 2016). "At Home With Patty & Marc Brutten". Ranch & Coast. Retrieved 15 March 2021.
  4. ↑ 4.0 4.1 Weintraub, Adam (22 August 2014). "New Clorox Building tenants gobble Oakland office space". San Francisco Business Times. Retrieved 15 March 2021.
  5. ↑ 5.0 5.1 Baiceanu, Roxana (5 July 2018). "Brixton Capital Acquires CA Property, Plans Redevelopment". Commercial Property Executive. Retrieved 15 March 2021.
  6. ↑ "Airport Development Partners SA". Dunn & Bradstreet. Retrieved 12 October 2021.{{cite web}}: CS1 maint: url-status (link)
  7. ↑ Smith, Roberta (4 April 2000). "Milton Brutten, An Authority On Dyslexia, 77". The New York Times. Retrieved 15 March 2021.
  8. ↑ "Welcome to Vanguard / History of the Vanguard School".
  9. ↑ "Milton Brutten; Expert on Dyslexia". Los Angeles Times. 6 April 2000. Retrieved 15 March 2021.
  10. ↑ Hirsch, Lou (16 May 2011). "Homegrown Property Investment Business Has Worldly Ambitions". San Diego Business Journal. Retrieved 15 March 2021.
  11. ↑ Austin, Sarah (11 November 2020). "Brixton Capital Acquires Dow Texas Innovation Center". Patch. Retrieved 15 March 2021.
  12. ↑ Peterson, Jon (6 December 2019). "Westcore to invest $1.25bn into industrial assets via new mandates". IPE Real Assets. Retrieved 15 March 2021.
  13. ↑ Barry, Sion (7 December 2015). "Distribution centre to get £1.2m facelift after acquisition by Westcore Europe". WalesOnline. Trinity Mirror North West & North Wales. Retrieved 15 March 2021.
  14. ↑ "Marc Brutten". Brutten Global. Retrieved 15 March 2021.
  15. ↑ "Portfolio". Brutten Global. Retrieved 15 March 2021.
  16. ↑ "Brixton Capital acquires San Antonio property management firm UAG". San Diego Metro Magazine. 2 July 2020. Retrieved 15 March 2021.
  17. ↑ "Fairoaks Airport History". Fairoaks Airport. Retrieved 15 March 2021.
  18. ↑ 18.0 18.1 "DEL MAR RESIDENT TO SERVE UC SAN DIEGO". Del Sol Magazine. ZCode Magazines. Retrieved 15 March 2021.
  19. ↑ "Brixton Capital acquires Dow Texas Innovation Center". San Diego Metro Magazine. 12 November 2020. Retrieved 15 March 2021.
  20. ↑ 20.0 20.1 20.2 20.3 "Our Portfolio". Brixton Capital. Retrieved 15 March 2021.
  21. ↑ Iyer, Jennifer (15 March 2018). "What's going on with Redlands Mall? Plans are 'pushing forward'". The Press-Enterprise. Southern California News Group. Retrieved 15 March 2021.
  22. ↑ Feser, Katherine (19 March 2007). "Houston firm buys tower at 1301 Fannin". Houston Chronicle. Retrieved 15 March 2021.
  23. ↑ Harold, Luke (19 November 2019). "Del Mar Plaza improvements underway". Del Mar Times. Retrieved 15 March 2021.
  24. ↑ Harold, Luke (7 August 2019). "Council approves amendments to Del Mar Plaza Specific Plan". Del Mar Times. Retrieved 15 March 2021.
  25. ↑ "Master & Senior World Jiu-Jitsu Championship 2012" (PDF). Retrieved 15 March 2021.
  26. ↑ Sapeda, Sarah (3 January 2019). "Giving Green (Space)". San Diego Magazine. Retrieved 15 March 2021.
  27. ↑ "Policy Advisory Board". Burnham-Moores Center for Real Estate. University of San Diego. Retrieved 15 March 2021.
  28. ↑ "Marc Brutten '79" (PDF). UC San Diego Foundation. Retrieved 15 March 2021.
  29. ↑ "Arts Advisory Committee". City of Del Mar California. Retrieved 12 October 2021.{{cite web}}: CS1 maint: url-status (link)
  30. ↑ 30.0 30.1 "Philanthropy". Brutten Global. Retrieved 15 March 2021.
  31. ↑ "Community still caring for foster teens". Del Mar Times. 9 May 2020. Retrieved 15 March 2021.
  32. ↑ "San Pascual Academy". San Diego County Health & Human Services Agency. Retrieved 15 March 2021.
  33. ↑ "Annual Report 2010" (PDF). The San Diego Foundation. Retrieved 15 March 2021.
  34. ↑ Pugmire, Genelle (25 December 2019). "Brutten Family Foundation donates $50,000 to Sub-for-Santa Plus year-round program". Daily Herald. Retrieved 15 March 2021.
  35. ↑ Seemeyer, Krisitian (June 2014). "California Real Estate Icons" (PDF). Real Estate Forum. Retrieved 15 March 2021.

External links

Add External links

This article "Marc Brutten" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.

Retrieved from "https://wikitia.com/index.php?title=Marc_Brutten&oldid=182393"