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Maguire promotes executive to finance chief

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From Bloomberg News

Maguire Properties Inc. appointed Martin A. Griffiths chief financial officer, replacing Dallas Lucas, who is leaving the firm.

Lucas resigned from Los Angeles-based Maguire Properties effective March 2 “to pursue other interests,” the company said. Griffiths has been executive vice president responsible for operations since July. He previously worked at Deloitte Tax and Arthur Andersen.

Lucas, who has been chief financial officer since before Maguire Properties’ 2003 initial public offering, will serve as an advisor for three months, helping the company complete a purchase of properties from Blackstone Group. Maguire last week agreed to pay $2.88 billion for all of the real estate in downtown Los Angeles and Orange County that Blackstone acquired in its takeover of Equity Office Properties Trust.

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