Tustin, Calif. Coreland Cos. announced that its principal Patrick Galentine has been appointed State Court Receiver in matters involving four assets located in Southern California totaling 1,231,000 sq. ft. of retail, office and industrial space.
Additionally, Coreland will be responsible for the property management during the receivership period.
Earlier this year, Coreland was awarded over 1 million sq. ft. in property-management contracts, according to the company; nearly half of the new assignments were on behalf of State Court-appointed Receivers.