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This Time Wirta Joins Koll Co as CEO

The former chief executive of Los Angeles based brokerage firm CB Richard Ellis Group Inc., Ray Wirta, will be once again joining Koll Co., which is a Newport Beach-based real estate developer corporation. Koll announced the name of Wirta as the chief executive on Thursday. An approximate 6.7 million square feet area of commercial property for real estate business is owned and managed by Koll Co.

Previously also, Wirta has worked with Don Koll, who is the founder and Managing principal of Koll Co., at a few precedent corporations. Koll Co. is Orange County’s, one the real estate developers that offers more number of stories in their buildings. In the 1990s, Wirta left Koll to join the commercial real estate brokerage firm CB Richard Ellis Group Inc. as a chief executive. For the next eight years, he maintained his position but left the company in the year 2005.

In Koll, Wirta would be a member of the executive management team of the company. The management team includes Don Koll, the founder and managing principal of the company and other well-known managing principals like Jerry Yahr and Bryan McGowan.

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