John Kessler Appointed CEO of Mitsui Fudosan America As John Westerfield Retires – Commercial Observer

Sep 29, 2023•almost 2 years ago

Position

Chief Executive Officer

Company

Mitsui Fudosan America

John Kessler

New YorkReal Estate

Description

Mitsui Fudosan America CEO John Westerfield will retire and be replaced by John Kessler , the company announced Thursday. Kessler, who currently serves as chief operating officer, will take over at the helm starting Oct. 1, with Westerfield remaining a senior adviser until the end of the year, according to Mitsui Fudosan. Westerfield, who has been chief executive since 2015, said in a statement.

Company Information

Company

Mitsui Fudosan America

Location

New York, New York, United States

About

Mitsui Fudosan America, Inc. (MFA) is the US subsidiary of Japan's largest real estate company, Mitsui Fudosan Co., Ltd., a publicly-traded company with approximately $70 billion of assets. MFA is responsible for Mitsui Fudosan's real estate investment and development activities in North America, and is headquartered in New York, with branch offices in San Francisco, Los Angeles and Honolulu. MFA has been active in the United States since the 1970s, and currently owns assets in the following metropolitan areas: New York, Boston, Washington, Nashville, Atlanta, South Florida, Dallas, Houston, Denver, Phoenix, Seattle, San Francisco, Los Angeles, San Diego, and Honolulu. MFA's US portfolio includes 9.3 million square feet of commercial space, 3.9 million square feet of commercial space under development, 3700 residential apartments, 6700 additional residential units under development, 260 condominiums under development, and 753 hotel rooms.

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