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NEW DELHI: Leading global technology company LeEco has appointed Dan Poritzky as Vice President of Real Estate and Facilities for North America.
In July, LeEco purchased 3.1 million square feet of entitled land from Yahoo! to build the future home of LeEco’s global headquarters. The site was previously approved for 13 buildings, enough to accommodate approximately 12,000 employees.
Poritzky is no stranger to Silicon Valley real estate, having worked in the Bay Area for over 17 years for Prologis, Eastdil, Hines, and MWest Properties. In his current role, Poritzky will be responsible for land development, leasing and workplace services.
“As we bring our open, integrated ecosystem to life in the U.S., we’ve been hiring the best talent across many industries,” said Richard Ren, President of LeEco North America. “Dan’s experience is beneficial to helping us realize our vision for an Eco City, a place where our employees and innovation can thrive and the community is welcome.”
Recently named one of Fast Company’s 2016 “Most Innovative Companies,” LeEco is a leading global company that provides breakthrough experiences through an open, integrated ecosystem of streaming content, enabled by its Internet and cloud platform, and a wide array of next-generation of connected smart devices – including smartphones, TVs, bikes, VR and electric cars.
“Our goal is to build a world-class campus where employees can innovate and collaborate,” said Poritzky. “A place that sets the standard for environmental performance and reflects our open approach by providing a place for the community to interact and have fun.”
Prior to joining LeEco, Poritzky served as Managing Director with MWest Properties, a joint venture between DivcoWest and TPG Real Estate. His experience includes 7 years at Hines, the majority of which was spent on leasing and marketing deals in the Silicon Valley region, as well as tenures at Prologis and Eastdil. During the course of his career, Poritzky has worked with several of the largest tech companies in Silicon Valley.
During his career on the Landlord/Developer side, he has acquired, managed, leased, and sold over $10 billion in assets, with the vast majority located in Northern California.