The ORION Team

The ORION Team

Jay D. Carnahan
Managing Partner
Jay Carnahan 2015 Bio Pic
Jay D. Carnahan
Managing Partner
jayc@oppre.com
949.721.6980
Lic #00801289

As Founder and President, Jay Carnahan is ORION Property Partner’s most senior executive, responsible for the overall business of the firm and the delivery of its market-leading real estate services, including highly strategic and historically successful project leasing, corporate services, investment and development, and market analysis.

Carnahan founded ORION Property Partners, Inc. in 1999 after spending more than two decades in senior leadership positions with the nation’s largest commercial real estate service, investment and development companies. Over the course of his career, he has been involved in the acquisition, development, property management and marketing and leasing of over 50 million square feet on behalf of leading institutional owners and some of the most significant Class A real estate properties on the West Coast. In addition, he has held primary responsibility for acquiring, staffing and directing a portfolio in excess of 35 million square feet of institutional third-party property management and exclusive leasing assignments throughout the western U.S.

In his previous leadership roles at institutions such as Cushman & Wakefield, Transpacific Development Company, PM Realty Group and Transwestern, Carnahan was directly responsible for consummating more than 20 million square feet of lease, lease equity and joint venture lease transactions, either on behalf of institutional owners or for tenants throughout California’s major office markets. This includes direct responsibility for the leasing and property management of the Irvine Company’s entire multi-million-square-foot Orange County office portfolio.

Unique to his experience, Carnahan has been directly involved as a general partner in all phases of the development, lease-up and management of over 5 million square feet of institutional-quality high-rise and suburban office and industrial properties in California and Hawaii. The majority of this portfolio was ultimately acquired by Equity Office/Blackstone.

Carnahan graduated with honors from the University of California, Santa Barbara with a bachelor’s degree in Political Science. He serves on the advisory board for The Center for Real Estate at the University of California, Irvine’s Paul Merage School of Business and is an active member of the Urban Land Institute (ULI) and the National Association of Industrial and Office Properties (NAIOP). Carnahan is a licensed California Real Estate Broker.

Richard B. Essen
Principal
Rich Essen 2015 Bio Pic
Richard B. Essen
Principal
riche@oppre.com
949.721.6021
Lic #00822024

Part of the commercial real estate industry since 1981, Richard Essen has an intimate knowledge of the leasing process from both the landlord and tenant perspective, and brings those perspectives to work each day for the benefit of ORION’s broad client base.
Over more than three decades, Essen has represented landlords and tenants in more than 5 million square feet of transactions with a consideration in excess of $400 million. An expert in the Orange County office market, he has directed the leasing strategies for many high-profile, multi-tenant office properties including Irvine Concourse/Main Plaza, South Coast Metro Center, Newport Gateway, 100 Bayview, Century Centre and Pacific Financial Plaza/800 and 840 Newport Center Drive.

Essen’s extensive tenant representation work has included transactions with equally well-known firms in the following industries: Pharmaceutical (Pfizer, Pharmacia), Consumer Products (Procter & Gamble, Bausch & Lomb), Technology (Canon Computer Systems, Intel, Siemens), Risk Management (Allstate, SullivanCurtisMonroe), Media (Bates Advertising USA, Casanova Pendrill), Automotive (Infiniti, Nissan Motor Corp) and Municipal Finance (Fieldman Rolapp Associates).

Prior to joining ORION, Essen spent 25 years with Cushman & Wakefield as a Senior Director. He received his associate degree from Bristol College, is a member of NAIOP SoCal and is a licensed California Real Estate Broker.

Barry M. Gail
Principal
Barry Gail 2015 Bio Pic
Barry M. Gail
Principal
barryg@oppre.com
949.721.6031
Lic #00822024

Barry Gail brings more than 34 years of Orange County market experience to his role as principal at ORION Property Partners, where he specializes in tenant representation and leasing strategy for organizations seeking premier Class A office space.

Over the course of his career, Gail has been responsible for over 10 million square feet of leased space. This includes deals at countless high profile properties for some of the nation’s most recognized organizations, such as MetLife, Dean Witter, the Irvine Company, TA Realty, Transpacific Development Company, John Hancock and The Koll Company.

Prior to joining ORION, Gail was a Senior Director with Cushman & Wakefield, where he was lead broker for some of Orange County’s most recognized Class A office properties. During that time, he was consistently recognized as a top ten producer.

For ORION, Gail delivers this same award-winning combination of market knowledge, depth of experience, relationships, integrity and persistence in negotiating transactions.
Gail received his bachelor’s degree in Marketing from LaSalle University and an MBA from Pepperdine University. He is a member of the National Association of Industrial and Office Properties (NAIOP) and a multiple Broker of the Year Award recipient from both The Koll Company and Irvine Company.

Richard Sung
Associate
Richard Sung 2015 Bio Pic
Richard Sung
Associate
Richards@oppre.com
949.721.6987
Lic #01953211

In 2014, Richard Sung joined ORION Property Partners specializing in tenant representation. Since that time, he has become a valuable and strategic force at ORION, expanding and serving the firm’s landlord relationships. Sung is currently representing over 1.7 million square feet of office space in the Orange County’s Airport Area and has participated in over $100 Million in real estate transactions. Richard’s experience includes leasing strategy and execution of institutional office properties, repositioning of real estate investments, lease economic negotiations and lease document negotiations.

Sung joined ORION from iCore Global, a global commercial real estate firm, where he held Senior Associate and Associate positions in the firm’s tenant representation group and was honored as a Top Producer. In 2015, Sung was awarded “Rookie of the Year” at ORION.

Sung graduated from University of California, Irvine with a Bachelors Degree in Political Sciences with an emphasis on American Government and minored in Criminology, Law and Society. While attending University of California, Irvine, he was an active member and held leadership roles in Phi Alpha Delta, a professional law fraternity. Fluent in Mandarin, Sung is also an active member of Asian Business Association of Orange County (ABAOC) and former chapter president of BNI, a national networking organization.

 

Lori Smith
Principal
Smith_Lori_5x7 (1)
Lori Smith
Principal
loris@oppre.com
949.732.3181
Lic #01265596

A 30-year veteran of the Orange County commercial real estate community, Lori Smith has a well-earned specialization in marketing office buildings for lease and sale as well as providing strategic representation to tenants. She has spent many of her years working in central Orange County building a strong knowledge of the area’s real estate and businesses.

Smith honed her understanding of real estate transactions during her tenure as a broker and marketing expert. She brings a depth of knowledge on all intricacies of deal negotiation and team building, as well as a keen ability to oversee a project team from start to finish ensuring all parties gain the best results.

Her work has benefited numerous well-known commercial real estate owners and institutions such as Irvine Company, Arden Realty, The Muller Company, ING Clarion, First Bank and the Lui Family, to name a few.

Her extensive tenant transaction experience crosses a diverse collection of industries, including: Access Insurance, Pac Trust Bank, Bradford & Barthel, LLP, Jani-King, Ayn Rand Institute, Edward Jones &

Company, Dungarvin, Advanced Workplace Strategies, Inc. along with handling entrepreneurial ventures.

Prior to joining the ORION Property Partners team, Smith was an Associate Vice President with Transwestern. Her experience also includes more than 10 years as a top-performing broker with Grubb & Ellis (now known as Newmark Grubb Knight Frank). She gained her start in the industry on the marketing services side with Lee & Associates, Irvine Company and Crown Pacific Development.

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