ICAS Bulletin
Institute for Corean-American Studies, Inc.
Stan Gale
Chairman & CEO
The Gale Company
to address
Outlook for Global Business:
The Case of South Korea
at
ICAS Winter Symposium : Humanity, Peace and Security
February
12, 2004 12:00 NN - 5:45 PM
Capitol Hill*, Washington, D C 20510 (*a specific
venue soon to be announced)
Dear Friend:
We are pleased to share with you that Stan Gale
will speak on Outlook for Global Business: The Case of South Korea at the ICAS Winter
Symposium on February 12, 2004 in Washington D C.
In 2001, the Gale Company was
invited to join with the City of Incheon and POSCO ENC of South Korea on a project
called New Songdo City - 1500 acres of reclaimed land. This new city, recently designated
a Free Economic Zone, will be built over the next 20 years and the Gale Company
is the principal developer for this $20 billion project. New Songdo City will be
connected to Incheon International Airport via a new 6-mile bridge.
Stan Gale is
a third generation real estate entrepreneur with a long and distinguished family
history beginning in 1922 when his grandfather founded the Daniel Gale Agency. Stan
began his career in commercial real estate in 1975 with Grubb & Ellis. In 1985,
he formed The Gale Company with the goal to create a diversified real estate investment
and services organization. As Chairman and CEO, Stan oversees the entire group of
Gale Companies, including a global real estate portfolio, one of the nation's largest
private suburban office portfolios, and concentrates on the establishment of joint
venture partnerships with financial investors and institutions including Morgan
Stanley, J.P. Morgan & UBS PaineWebber.
Core to The Gale Company's success is Stan's
constant review and evaluation of the strategic direction of the company as well
as his commitment to leading it through its steady and significant growth during
the past 17 years. Stan is dedicated to advancing an operating philosophy that embraces
quality service, total client satisfaction and community involvement.
The Gale
Company has had many notable successes including achieving very high returns for
its investors. Most recently, The Gale Company was awarded the facilities management
contract of all AT&T Partners properties (21 million square feet), the largest outsourced
facility management account in the history of the United States.
In 2001, The Gale
Company partnered with Morgan Stanley to build the largest new building in downtown
Boston (One Lincoln Street), the City's first project in 16 years. This 1.1 million
square foot facility, a $600 million project, received a 20-year lease commitment
for the entire complex from State Street Bank, also the largest lease in Boston's
history.
In 1997, The Gale Company (in partnership with PaineWebber and Morgan
Stanley) acquired the Bellemead Development Corporation's interest in an 8.2 million-square-foot
national property portfolio, and has successfully managed this investment including
the return of all invested capital.
Beyond his professional activities, Stan
maintains a focus on community improvement and is active in numerous charities,
including his 3 year Chairmanship of New Jersey Special Olympics.
A lifetime sports
enthusiast, Stan maintains an ownership interest in the New York Yankees, the New
Jersey Nets and the New Jersey Devils. Thank you.
Sincerely,
Sang Joo Kim / signed
Sr. Fellow & Executive Vice President
ICAS
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