LOS ANGELES, Mar 29, 2010 (BUSINESS WIRE) --
Pacific Office Properties Trust, Inc.
/quotes/comstock/14*!pce/quotes/nls/pce
(PCE
4.26,
+0.25,
+6.34%)
, a West Coast
office REIT, announced today that it has named James R.
Ingebritsen
president, chief executive officer, and a member of its board of
directors. Ingebritsen is a major shareholder and co-founder of
Pacific
Office Properties. He is also an owner and director of the
Company's
external advisor, Pacific Office Management, Inc.
As a partner of The Shidler Group, the Company's founders, Ingebritsen
was integral in the formation of the Company through its reverse
merger
in 2008. He then served as executive vice president, Capital
Markets/Operations and was responsible for maintaining debt and
equity
relationships as well as oversight of the Company's western region
operations.
"Jim Ingebritsen is one of the most talented real estate executives I've
come across. We are extremely pleased that he will be leading the
Company through its next phase," said Jay H. Shidler, chairman of
the
board of directors. "As a major shareholder and co-founder of the
Company, Jim's interests are uniquely well-aligned with those of
our
shareholders. And with his expertise and deep commitment to the
Company,
our Board concluded our shareholders simply could not be better
served."
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