Richard Schnell


Senior Vice President | Los Angeles

License #338614

About

Professional Summary

Richard C. Schnell, Senior Vice President, joined Colliers International in 1999 specializing in office leasing and sales.  He has over 35 years of industry experience and has represented major corporate tenants and landlords, buyers and sellers. 


Mr. Schnell was a loan analyst at Union Bank, specializing in commercial and real estate lending. He joined Coldwell Banker Company as a real estate broker in the downtown Los Angeles office where he was responsible for the leasing of 333 S. Grand Ave (Wells Fargo Tower), 355 S Grand Ave (IBM Tower), Crocker Plaza (now AT&T Center), the State Mutual Building, the Peck/Norman Building and First Interstate Tower.

Accomplishments

Mr. Schnell acted on behalf of Nestle in the relocation of its world headquarters for 450,000 square feet to Glendale, California. The transaction involved the selection of a development site; the interview and selection of a developer; the negotiation of the development agreement; and the negotiation of a lease with carried equity interest.

Mr. Schnell represented The Prudential Insurance Company of America in the sale of its 400,000 square foot western regional headquarters building and adjacent land in Westlake, California.  

He has negotiated the assemblage of major building sites in downtown Los Angeles, including the Manulife Plaza site at the southwest corner of Fifth and Figueroa Streets, a city block on behalf of the Federal Reserve Bank of San Francisco which houses its headquarters; and 30 acres for the Automobile Club of Southern California in Costa Mesa, California. 

Mr. Schnell represented The State Bar of California in a lease assignment for 250,000 square feet, which involved both leasehold and land swap interests in downtown Los Angeles.

Services:

  • Brokerage: Tenant Representation
  • Investment Services / Capital Markets

Property Type:

  • Office

Clients:

Nestle, Prudential

Education:

BS, Occidental College, Economics & Political Science

 
 

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