Looking up at the two Watt Plaza Towers in Century City, CA

Live. Work. Grow.

Watt Plaza | Class-A Office | Century City, CA

A diversified real estate company

Our partners rely on us as a full-service solution. Our platform includes, homebuilding, commercial development, asset management and the sponsorship of capital investments, all here to ensure a seamless, consistent and reliable experience.

  • 50

    Shopping
    Centers

  • 3

    First-class
    Hotels

  • 16K

    Multifamily
    Units

  • 6

    Master-planned
    Communities

  • 100K

    Family
    Homes

  • 8M

    SF of Office &
    Industrial Space

Two story modern office building with cool gray exterior Water fountain outside of Watt Plaza Modern looking home Woman shopping at farmers market Ralphs grocery store Modern looking office building with blue windows Bed and night stand

Developing opportunity

At Watt Companies, every project offers a chance to change lives when we build a new, exceptional place to live, work, and grow. Through creativity, collaboration, and a legacy of world-class real estate services, we identify opportunities that will make valuable additions to our communities, recognizing opportunity where others may not.

As we develop properties, we also build strong relationships, actively adapting to the needs of our partners, tenants, employees and investors. As a result, our reputation as one of the nation’s premier real estate companies has only grown over time.

Guiding Principles

Young dad smiling and high-fiving young son while mom watches and smiles

Proudly and passionately working together to build a better quality of life

House

Building up the community and people we serve

Watt Companies team reviewing blueprints

Excited by the unique challenges
 and solutions in each project

A variety of people walking through an intersection from different directions

We want everyone involved, from shareholders to community members, to have a voice in each development

Leadership

Dedicated to bridging our company’s legacy for integrity, trust, and quality with the demands of our evolving and modern market.

J. Scott Watt, Watt Companies

J. Scott Watt

Chairman of the Board

310.314.2430
https://www.linkedin.com/company/watt-companies/

After joining Watt in 1976 as Senior Vice President of Forward Planning, Scott Watt is now the company’s Chairman. Prior to joining, Scott founded and led Scottfield Building Corporation, a company that built more than 1,000 residential units and a shopping center during its six year history. During his time as SVP of Forward Planning, Scott completed $50 million in office buildings, shopping centers and industrial building development. In 1986, he became President of W & B Builders, parent to several Watt subsidiaries. Under his leadership, the division completed over a million square feet of commercial and industrial properties during a three year span. From 1998 to 2006, Scott was a partner in the award-winning John Laing Homes, a company that built more than 3,000 houses per year and generated over $1.1 billion in revenue. Scott took over as Chairman of Watt Companies in 2009 and has successfully engineered the transition from Founder to 2nd generation.  Watt Companies has grown from revenues of $117,000,000 in 2009 to $174,000,000 in 2014.  Scott is a graduate of the University of Southern California and holds a Master’s Degree in Education, with an emphasis in counseling, from the University of Miami. Scott is, or has served as, a Board Member for the Greater Los Angeles Zoo Association, Union Rescue Mission, Chairman for Christian Associates Los Angeles, and the Board of Brentwood School. He was a chapter chairman of the Santa Monica Bay Chapter of the Y.P.O., a member of the Development Committee at the Los Angeles County Museum of Art, and a member of Pepperdine Associates, Malibu. He is currently a member of the University of Southern California (USC) Associates Board of Directors, the USC Lusk Center for Real Estate Executive Committee, the USC School of Business Advisory Board and a member of the USC Alumni Executive Board of Governors. Scott is also an Elder at Bel-Air Presbyterian Church.

Nadine Watt, Watt Companies

Nadine Watt

CEO & Board Member

(310) 314-2430
https://www.linkedin.com/company/watt-companies

Nadine Watt is CEO of Watt Companies. Nadine brings 20 years of real estate expertise and an entrepreneurial drive to her position, where she oversees day-to-day activities and strategic planning for all commercial investment activities including acquisitions, development, and asset management for the company’s 6 million-square-foot portfolio.

Previously, Nadine served as President of Watt Companies. In 2011, she led a strategic reorganization of the company that moved the firm beyond traditional property management and leasing to a focus on acquisitions and real estate development, as well as joint venture opportunities. Nadine played a key role in launching Watt Companies’ acquisition division – Watt Investment Partners – that now actively invests $60 million in a variety of property types across the Western United States.

Throughout her 20-year tenure at Watt Companies, Nadine has touched all facets of the company’s operations, including the development of hundreds of apartment units and multiple shopping centers. Nadine was also responsible for a widely celebrated multi-million-dollar renovation program at Watt Plaza, a 920,000 square foot, Class-A office building in Century City. The building was certified Platinum LEED and was recognized by BOMA International with an award for Outstanding Building of the Year.

Nadine is a member of the University of Southern California Board of Governors and the Sol Price School of Public Policy Board of Councilors and serves on the Executive Committee of the Lusk Center for Real Estate as well as the USC Associates Board of Directors. She was the first woman to be named Chair of the Los Angeles Business Council, a position she still holds. She is a Board Member of Visionary Women and the City of Hope Los Angeles Real Estate & Construction Industries Council.

Nadine received the Century City Citizen of the Year award in 2017 and the EY Entrepreneur of the Year award in 2018. Nadine has also been the subject of a spotlight piece in the Los Angeles Times highlighting her career path and business success.

A graduate of Georgetown University School of Foreign Service, Nadine also holds a Master of Arts degree from the School of Cinematic Arts at the University of Southern California.

Nadine currently resides in Beverly Hills with her husband Andrew Jameson and their two daughters, Keira and Reese Jameson.

John Devereux

President & COO

(310) 314-2506
https://www.linkedin.com/in/john-devereux-801447bb

Devereux brings over 29 years of real estate equity and debt experience to Watt. In addition to his private equity and lending background, he also has vast operational experience and has a history of building fast growing businesses. Devereux’s resume includes two years as Chief Real Estate Officer at real estate tech company PeerStreet, six years as EVP, Head of Commercial Real Estate at OneWest Bank and nine years as Principal at Colony Capital.

At PeerStreet, Devereux led the company’s 4x growth in revenue and 3x increase in monthly marketplace volume as the company surpassed $3 billion in loans funded and transitioned from Series B to Series C funding. While at OneWest Bank, Devereux was instrumental in growing the commercial real estate holdings from less than $500 million to more than $6 billion in under a year, and he started and managed the Special Assets, Portfolio Management and CRE Bridge Lending groups.

The CRE Bridge Lending Group originated over $1 billion annually in floating rate debt. At Colony, Devereux was responsible for forming commercial real estate joint ventures and managed a portfolio valued at more than $1 billion of U.S. office, retail, multi-family and hospitality investments.

Devereux graduated from Stanford University with a mechanical engineering degree, Claremont McKenna College with an economics degree and UCLA’s Anderson School of Business with an MBA.

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Black and white photo of Ray Watt, founder of Watt Companies, sitting on a tractor with associates

Through the Years

Watt Companies was founded in 1947 by Ray Watt, as a home builder for troops returning home from the war. Since then, we have expanded our capabilities and grown into one of the nation’s largest owners, developers and managers of real estate on the West Coast.

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