Nearon Announces New President

Nearon Enterprises (Nearon), a privately held real estate investment company based in the San Francico Bay Area, announces the arrival of Min Kim as its new President.This strategic move, under the leadership and guidance of its board of directors, signals Nearon’s commitment to grow its holdings for the benefit of existing and future generations of shareholders.

Mr. Kim will supersede Tony Perino, who will continue to provide strategic guidance for Nearon serving as Executive Director.Since joining the firm in 1998 as a Vice President, Mr. Perino later served as Executive Vice President, and, for the past 10 years, as President.During his tenure, Perino led a team of professionals that grew total assets under management to over $1.0 billion, comprised of high quality and well-located industrial, multifamily and office assets.“Min’s experience, talents, and leadership style were identified as an excellent fit for our organization and the next generation of our company’s journey,” said Mr. Perino.

A Bay Area native, Mr. Kim began his professional career as a consultant with McKinsey & Company and Deloitte before working in commercial real estate.Over the past 20+ years, Mr. Kim has held numerous leadership roles at Westbrook Partners and BlackRock, principally based out of San Francisco.Mr. Kim received his B.A. from the University of California, Berkeley and M.B.A. and M.P.A. from Harvard University.

“I am grateful for the opportunity to join Nearon as President to work with a strong and experienced team,” adds Mr. Kim. “I found myself naturally drawn to the history, culture and core values of the company and I am excited to lead the company in its next phase of growth.”

The Nearon team of employees, its board of directors and shareholders welcome Mr. Kim on board and are eager to begin this journey together.Ferguson Partners, a global talent management firm, advised Nearon in a multi-year succession planning engagement resulting in the recruitment of Mr. Kim.

About Nearon:

Nearon Enterprises is a privately held real estate investment company with a strong reputation and consistent track record. Combining real estate investment and development acumen for more than six decades, Nearon has acquired more than $1.2 billion in industrial, office, retail, and multifamily properties since the 1990s, and enhanced those real estate assets through prudent property improvements, accomplished property management, and leasing, and a skillful approach to financing.

Founded in San Francisco in the 1950s, Nearon operated out of Palo Alto for 30 years, and since 1996 has been based in the East Bay. Since 2015, its corporate office has resided in Walnut Creek.  By developing and managing a high-quality real estate portfolio, Nearon preserves and grows the long-term wealth of its family shareholders. Nearon owns and manages over five million square feet of commercial real estate assets, principally located in Northern California and Utah while continuing to expand its Western U.S. presence in markets like Arizona, Colorado, Southern California, and the Pacific Northwest. For more information, visit: