David V. Karney moved to Los Angeles in 1950 after earning an MBA from Boston University.
He founded Karney Properties in 1952, acquiring apartment buildings in Hollywood with private investors. He later sold those properties and moved into office, commercial and retail development.
Karney developed its first industrial property in Monterey Park in 1964. Over the next six decades, the company has focused on industrial and creative office properties in Southern California, with a recent expansion to Phoenix.
The portfolio more than doubled in 1975 with a strategic acquisition, when Karney provided liquidity and certainty of execution to an industrial seller exiting the Southern California market.
Aliza Karney Guren succeeded her father as CEO in 2003.
In 2013, Karney expanded its office and commercial development strategy, including the acquisition of multiple assemblages near the Expo Line station and Helms Bakery in Culver City.
The company has also acquired properties throughout Los Angeles and Orange counties, with current growth initiatives focused on the Phoenix market, while continuing to reinvest in our existing holdings.
CONTACT: Tel (310) 476-5633 // Fax (310) 476-4712 // karneyco@karn.x7.io // ADDRESS: 12011 San Vicente Boulevard, Suite 700 Los Angeles, CA 90049
© 2015 KARNEY
Karney Properties Co.
1447 Cloverfield Blvd. Suite 200
Santa Monica, CA 90404
Tel – (310) 476-5633
Email: info@karney.net