Lovett Industrial Announces Two Build-To-Suit Industrial Buildings Totaling 960,956 Square Feet Inside the Largest Business Park Under Development in Infill Dallas, Texas

(DALLAS) – Lovett Industrial, the Houston-based real estate investment firm, recently began construction on Trinity West Buildings II and III within the West Dallas submarket of Dallas, Texas. Building II is being constructed for a global logistics company and is a 763,960 square foot cross-dock facility. Building III, a 196,996 square foot warehouse, is being constructed on behalf of Dallas County. The buildings are part of the larger Trinity West Business Park development in Dallas, Texas located at the northwest corner of Singleton Boulevard and Norwich Street.

Colby Everett, Director at Lovett Industrial, commented, “Lovett Industrial is grateful for the opportunity to develop Buildings II and III at Trinity West on a build-to-suit basis. These will be first-class facilities in a truly unique location within a dynamic logistics market. This announcement represents partnerships with highly respected users who are a great fit for the park, and we look forward to the continued collaboration with current and future occupiers within the project.”

Located less than five miles west of Downtown Dallas and situated on 140 acres off Singleton Boulevard,Trinity West Business Park is the largest business park under development in infill Dallas. Its key location in the heart of the city provides immediate proximity to an abundant labor pool, along with excellent accessibility to freeways including I-30, I-35, and Loop 12. Additionally, the business park will feature robust circulation drives, significant queuing capacity, multiple access points, and excess trailer parking.

Upon completion Trinity West Business Park will consist of three buildings totaling just under two million square feet. In addition to Buildings II and III, Building I, completed recently, is a 1,005,200 square foot state-of-the art cross-dock building, which is available for lease to tenants and fielding requirements for 500K-1M square feet.

Marketing and leasing efforts for Trinity West are handled by Steve Berger of CBRE. The user/purchaser of Building II was represented by Brad Struck, Clint Manning and Darren Woodson of Cresa. The user/purchaser of Building III, Dallas County, was represented by Peter Jansen of CBRE. Arch-Con Corporation is the general contractor for both projects.

Trinity West Phase II is Lovett Industrial’s fifth industrial development in the greater Dallas-Fort Worth area. Other projects include Texport Logistics Center, Lovett 35 Logistics Park, Trinity West Phase I, Innovation Ridge Logistics Park, and Wylie Business Center, which comprise over 4.1 million square feet of completed and under construction space. Lovett Industrial currently is active in 6 additional markets across the U.S. and has approximately 7 million square feet under construction companywide.

About Lovett Industrial:
Founded in 2020 and based in Houston, Texas, Lovett Industrial is a privately held vertically integrated logistics real estate investment platform that seeks to develop and acquire industrial real estate assets that are differentiated by their quality, location, and functionality. Currently active in 7 markets across the United States, Lovett Industrial’s portfolio consists of approximately 14.7 million square feet of completed and under construction warehouses and in excess of 9 million square feet of warehouses planned for future development. Lovett Industrial’s founders have combined over 60+ years of experience in the commercial and industrial real estate sectors. For more information, please see our website at https://lovettindustrial.com/site/.

Press Contact:

Paige Chiang
paigec@lovettindustrial.com

Lovett Industrial and Cresset Partners Break Ground on 274,416 Square Foot Project in Dallas-Fort-Worth Area

(WYLIE) – Lovett Industrial, the Houston-based real estate investment firm, and Cresset Partners, the Chicago-based real estate investment firm, broke ground on Wylie Business Center, a 274,416 square foot class A industrial building located in Wylie, Texas. The groundbreaking ceremony included remarks from Lovett Industrial’s Co-Owner and President, Charlie Meyer, and the Mayor of Wylie, Matthew Porter.

Construction of Wylie Business Center began in January 2023 and is expected to be completed December 2023. The class A 274,416-square-foot spec building will be a state-of-the-art rear-load facility featuring a 36’ clear height, 7” reinforced concrete slab, 55 dock-high doors, 185’ truck courts, 77 trailer stalls, and 154 auto parks.

Colby Everett, Director at Lovett Industrial commented, “We are excited to partner with the City of Wylie to develop Wylie Business Center and further promote business activity in the area. This project is positioned to boost logistics capabilities in Wylie and the surrounding Northeast Dallas municipalities. We look forward to delivering a first-class building, which will appeal to high-quality tenants and generate new jobs for a growing employment base.” 

Strategically located along State Highway 78, Wylie Business Center is situated within the rapidly expanding northeast side of Dallas and the greater Collin, Rockwall, and Dallas Counties. Wylie Business Center stands to benefit from the submarket’s significant rent growth due to strong fundamentals. The project will include a fully improved road, Anson Parkway, multiple access points, and onsite amenities such as commercial uses to benefit both future tenants and residents.

“We’re grateful for Lovett Industrial and their team of seasoned professionals. Lovett’s stellar track record and local expertise, paired with our national presence has enabled a highly collaborative relationship for our second project together.” – Dominic DeRose | Managing Director, Cresset Partners Real Estate

Industrial marketing efforts for Wylie Business Center are exclusively handled by Nathan Orbin, Kurt Griffin, and Dalton Knipe of JLL. Retail marketing efforts are exclusively handled by Tom Grunnah of Younger Partners. Construction financing is being provided by First National Bank of Omaha. The Conlan Company is the general contractor, Ware Malcomb is the lead architect, and Kimley Horn is serving as the project’s civil engineer.

Wylie Business Center is Lovett Industrial’s fifth industrial development in the greater Dallas-Fort Worth area; other projects include Innovation Ridge Logistics Park, Texport Logistics Center, Lovett 35 Logistics Park, and Trinity West Phases I & II, which comprise approximately 4.8 million square feet of completed space. Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 7 million square feet of projects currently under construction companywide.

About Lovett Industrial:

Founded in 2020 and based in Houston, Texas, Lovett Industrial is a privately held vertically integrated logistics real estate investment platform that seeks to develop and acquire industrial real estate assets that are differentiated by their quality, location, and functionality. Currently active in 7 markets across the United States, Lovett Industrial’s portfolio consists of approximately 12.3 million square feet of completed and under construction warehouses and in excess of 10 million square feet of warehouses planned for future development. Lovett Industrial’s founders have combined over 60+ years of experience in the commercial and industrial real estate sectors. For more information, please see our website at https://lovettindustrial.com/.

About Cresset Partners:

Cresset Partners is a private investment firm focused on providing its investors with direct access to investment opportunities in private companies, real estate, private credit, private equity secondaries, and venture capital. We focus on building outstanding, lasting partnerships by investing long-term capital, resources, and expertise to create sustainable value. We believe that long-term investing creates better alignment and reduces risk and inefficiencies, leading to better outcomes for all shareholders. Cresset Partners was founded in 2018 and has more than $2.8 billion in commitments across real estate, private equity, private credit, and venture capital. Learn more at https://cressetpartners.com.

Press Contact:

Paige Chiang

paigec@lovettindustrial.com

Lovett Industrial Closes on 15 Acres in Denver, Colorado for Industrial Development

DENVER) – Lovett Industrial, the Houston-based real estate investment firm closed on 14.95 acres of land in Denver, Colorado in early September 2022 with plans to develop Broadway Logistics Center, a 201,329 square foot class A front-park rear-load building. The speculative building will feature a 32’ clear height, 6” reinforced concrete slab, 204 auto parking stalls, 57 dock-high doors, 130’ truck courts, and 50 trailer parks. Construction is set to begin in November 2022 with expected completion slated for October 2023. Located within the logistical heart of the Denver MSA, Broadway Logistics Center will have direct access to both 70th Avenue and Broadway and is visible from and accessible by I-25, I-76 and the 270 loop. In addition to the state-of-the-art clear heights, spacious truck courts, trailer storage, and abundant auto parking, the project also plans to feature extensive storefront office space. Additional highlights include excellent proximity to a strong labor force, Denver’s entire consumer base, and the central business district. Ted Hart, Senior Managing Director at Lovett Industrial commented, “The Denver MSA’s population growth shows no signs of slowing. Broadway Logistics Center is uniquely positioned to serve the core of Denver as well as the greater MSA given its infill nature and adjacency to I-25, I-270 and I-76. Development sites for class A industrial in Central Denver are unique and occupier demand is strong.” Marketing and leasing efforts for Broadway Logistics Center will be exclusively handled by Drew McManus, Ryan Searle, and Bryan Fry of Cushman & Wakefield. Construction financing is being provided by Texas Capital Bank. Brinkmann Constructors is the General Contractor, Powers Brown Architecture is the lead architect, and Kimley-Horn is serving as the project’s civil engineer. Broadway Logistics Center is the second Denver area development for Lovett Industrial. Lovett Industrial recently broke ground on Lovett 76 Logistics Center. Upon full completion both projects will comprise 815,087 square feet. Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 8.5 million square feet of projects currently under construction companywide. About Lovett Industrial: Founded in 2020 and based in Houston, Texas, Lovett Industrial is a privately held vertically integrated logistics real estate investment platform that seeks to develop and acquire industrial real estate assets that are differentiated by their quality, location, and functionality. Currently active in 7 markets across the United States, Lovett Industrial’s portfolio consists of approximately 12.3 million square feet of completed and under construction warehouses and in excess of 10 million square feet of warehouses planned for future development. Lovett Industrial’s founders have combined over 60+ years of experience in the commercial and industrial real estate sectors. For more information, please see our website at https://lovettindustrial.com/.
Press Contact:
Paige Chiang paigec@lovettindustrial.com

Lovett Industrial Finalizes 6-Acre Land Acquisition in California’s Inland Empire for Industrial Development

RIALTO, Calif.–(BUSINESS WIRE)–Lovett Industrial, the Houston-based real estate investment firm, has recently closed on 6.02 acres of land in Rialto, California with plans to develop Renaissance Logistics Center, a 114,115 square foot class A front-load industrial building.


Located in the heart of the Inland Empire, one of the strongest industrial markets in the nation, Renaissance Logistics Center is situated directly on I-210 with prominent freeway visibility and frontage. The property is surrounded by corporate neighbors including Target, Amazon, Monster Energy, Under Armour, Kellogg, and Geodis. Construction is expected to begin in January 2023 with a completion date planned for September 2023. The building will feature efficient ingress and egress to the adjacent full freeway interchange and top of the market specifications, including a 36’ clear height, 7” reinforced concrete slab, 90 auto stalls, skylights, and spec office with mezzanine space included.

Tyler Banton, Lovett Industrial’s market leader for Southern California, commented “The Inland Empire is a true regional distribution hub, and we believe that Rialto is one of the strongest regional locations in the greater Southern California market for local, regional, and national distribution requirements. Renaissance Logistics Center is an exciting modern industrial building designed for a single tenant who stands to benefit from access  to a large labor pool, freeway frontage on I-210, and Fortune 500 neighbors. We look forward to continuing working with the City of Rialto and building this exciting project.”

Tyler Banton, Lovett Industrial’s market leader for Southern California, commented “The Inland Empire is a true regional distribution hub, and we believe that Rialto is one of the strongest regional locations in the greater Southern California market for local, regional, and national distribution requirements. Renaissance Logistics Center is an exciting modern industrial building designed for a single tenant who stands to benefit from access to a large labor pool, freeway frontage on I-210, and Fortune 500 neighbors. We look forward to continuing working with the City of Rialto and building this exciting project.”

Marketing and leasing efforts for Renaissance Logistics Center will be exclusively handled by Bill Heim and Alex Heim of Lee & Associates Ontario. HPA is the lead architect, and Westland Engineering is serving as the project’s civil engineer.

Renaissance Logistics Center is the second Inland Empire acquisition for Lovett Industrial. Lovett Industrial recently acquired 13-acres in Highland, California with plans to develop a single 285,000 square foot rear-load class A industrial building. Upon full completion both projects will comprise approximately 400,000 square feet. Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 8.5 million square feet of projects currently under construction companywide.

About Lovett Industrial:

Founded in 2020 and based in Houston, Texas, Lovett Industrial is a privately held vertically integrated logistics real estate investment platform that seeks to develop and acquire industrial real estate assets that are differentiated by their quality, location, and functionality. Currently active in 7 markets across the United States, Lovett Industrial’s portfolio consists of approximately 12.3 million square feet of completed and under construction warehouses and in excess of 10 million square feet of warehouses planned for future development. Lovett Industrial’s founders have combined over 60+ years of experience in the commercial and industrial real estate sectors. For more information, please see our website at https://lovettindustrial.com/site/.

Contacts

Paige Chiang
paigec@lovettindustrial.com

Lovett Industrial Breaks Ground on 1.1 Million Square Foot Project in the Greater Dallas-Fort Worth Area

FORNEY, Texas–(BUSINESS WIRE)–Lovett Industrial, the Houston-based real estate investment firm, broke ground on Innovation Ridge Logistics Park, a three-building class A industrial business park consisting of 1.1 million square feet located in Forney, Texas. The groundbreaking ceremony included remarks from Lovett Industrial’s Co-Owner and President, Charlie Meyer, and the Mayor of Forney, Amanda Lewis.

Located off U.S. Highway 80, Innovation Ridge Logistics Park will feature a diversified site plan, multiple points of ingress and egress, and a newly constructed four-lane road. Additionally, the Park stands to benefit from close proximity to a strong labor force and immediate adjacency to retail and amenities.

Construction began in September 2022 and will consist of three speculative buildings: an 817,538 square foot cross-dock facility, a 175,092 square foot single-load facility, and a 145,020 square foot single-load facility. The 817,538 square foot cross-dock facility will feature a 40’ clear height, 8” reinforced concrete slab, 164 dock-high doors, 185’ truck courts, and at least 166 trailer parks, tenant dependent. The two single-load buildings totaling 320,112 square feet will feature 32’ clear heights, 6” reinforced concrete slabs, 26-45 dock-high doors, 185’ truck courts and 26-47 trailer parks. Construction is slated for completion in September 2023, and the project is actively fielding requirements for lease.

Left to Right: Fred Alexander, Forney EDC Board Director; Lynn Spencer, Forney EDC Executive Director; The Honorable Amanda Lewis, Mayor of Forney, Charlie Meyer, Co-Founder, Chief Executive Officer Lovett Industrial; Colby Everett, Director Lovett Industrial; Mary Wilson, Forney EDC Specialist (Photo: Business Wire)

Colby Everett, Director at Lovett Industrial, commented, “We are bullish on East Dallas, as fundamentals remain solid and important markers including population growth are very strong. National, regional, and local users can serve key markets from this location while benefiting from high-quality surrounding labor. There continues to be demand for class A logistics products across Dallas-Fort Worth, and we are excited to have the opportunity to partner with the City of Forney to deliver this project.”

Marketing efforts for Innovation Ridge Logistics Park are exclusively handled by Nathan Orbin, Kurt Griffin and Dalton Knipe of Cushman & Wakefield. Construction financing is being provided by Simmons Bank. Alston Construction is the general contractor, Ware Malcomb is the lead architect, and Kimley Horn is serving as the project’s civil engineer.

Innovation Ridge Logistics Park is Lovett Industrial’s fourth industrial development in the greater Dallas-Fort Worth area; other projects include Texport Logistics Center, Lovett 35 Logistics Park, and Trinity West Phase I, which comprise approximately 2.7 million square feet of completed space. Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 8.5 million square feet of projects currently under construction companywide.

About Lovett Industrial

Founded in 2020 and based in Houston, Texas, Lovett Industrial is a privately held vertically integrated logistics real estate investment platform that seeks to develop and acquire industrial real estate assets that are differentiated by their quality, location, and functionality. Currently active in 7 markets across the United States, Lovett Industrial’s portfolio consists of approximately 12.3 million square feet of completed and under construction warehouses and in excess of 10 million square feet of warehouses planned for future development. Lovett Industrial’s founders have combined over 60+ years of experience in the commercial and industrial real estate sectors. For more information, please see our website at https://lovettindustrial.com/site/.

Contacts

Paige Chiang
paigec@lovettindustrial.com

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Title Price Status Type Area Purpose Bedrooms Bathrooms
BENNETT SEE

Associate – Dallas Market
Mr. See joined Lovett Industrial in March of 2022. As an Associate, Mr. See is responsible for evaluating acquisition and development opportunities and supporting due diligence, capitalizing, leasing, and project disposition efforts for the Dallas region. Prior to joining Lovett Industrial, Mr. See worked at Quadrant Investment Properties, a premier Dallas-based boutique investor and developer, as an Analyst where he assisted in the acquisition of value-add office opportunities and the development of Class A office opportunities. Mr. See earned a BS from Texas Christian University in Fort Worth, Texas.

ERIK JOHNSON

Mr. Johnson serves as Vice President – Development – West Region at Lovett Industrial where he leads pre-construction, due-diligence, and entitlement activities, including land use planning, agency approvals, design, and construction activities. Mr. Johnson joined Lovett Industrial in February 2022 to expand and reinforce their US Western Regional platform. Prior to that, Mr. Johnson was a Senior Project Manager at PCL Construction and Single Point of Contact for Authorities Having Jurisdiction at the $1.1 billion Consolidated Rent-A-Car (ConRAC) facility at LAX – at 6.3 million square feet, the facility is estimated to be the largest cast-in-place concrete project of its kind, only slightly smaller than the building area of the U.S. Pentagon. His prior experience was in general construction where he delivered various public projects including the ITS terminal at Pier G in the Port of Long Beach and numerous private projects over a span of 15 years. Mr. Johnson has a Bachelor of Science in Construction Engineering Management from the Civil Engineering School at California State University, Long Beach.

JORDAN KREFT

Mr. Kreft serves as Analyst – National Industrial for Lovett Industrial, joining in February 2022. He assists with Lovett Industrial’s capital markets activity including debt and equity capital campaigns and relationships. He also supports the development teams’ company-wide in the analysis, valuation, underwriting, and execution of industrial development projects and acquisitions. Prior to Lovett Industrial, Mr. Kreft enjoyed a decade of mergers and acquisition investment banking with over $6 billion in successful transactions of domestic and international energy and technology deals. He worked on complex transactions from $50 million-$3 billion in size. He also brings extensive capital market expertise in debt and equity underwritings and public offerings. Mr. Kreft earned a BBA in Finance and BA in History from University of Texas at Austin.

Tyler Banton

Director – Southern California Region
Mr. Banton serves as the Director for the Southern California region at Lovett Industrial. Tyler is responsible for all aspects of Lovett’s projects in the region including sourcing & evaluating new development and acquisition opportunities, entitlements, capitalization, leasing, and eventually project disposition efforts. He currently leads the execution of $325 million dollars of industrial projects in the Inland Empire region. Since joining Lovett Industrial in 2022, Tyler and his team have accumulated over 1.1 million square feet of industrial real estate that will be delivered between 2023 and 2024. Prior to joining Lovett Industrial, Mr. Banton worked at Panattoni Development Company. Mr. Banton graduated from San Diego State University where he completed his B.S in Finance and was a recipient of the Pension Real Estate Association Scholar award. Tyler resides in Newport Beach, California and is a member of NAIOP SoCal and NAIOP Inland Empire.

AN DANG

Mr. Dang serves as Controller at Lovett Industrial, joining in April of 2021. Mr. Dang oversees Lovett Industrial’s accounting and administrative functions, including insurance, IT, HR, and property transactions on a company wide basis. Prior to Lovett Industrial, Mr. Dang was a Controller in North Latin America area at Aggreko, where he focused on ensuring compliance of the company’s internal control policy and overseeing the actual and forecast reporting for the full cycle monthly, quarterly and annual management and statutory financial. Before Aggreko, Mr. Dang was an accounting manager at Means Knaus Partners, where he managed the property management accounting for a portfolio of commercial office properties totaling over 2.5 million square feet for a publicly traded REIT and private investors. Mr. Dang earned a Bachelor of Business Administration in accounting and human resource management and an MBA from Sam Houston State University.

SARA BLOOM

Senior V.P. Operations
Ms. Bloom serves as Senior Vice President – Operations at Lovett Industrial, joining in February of 2021. Ms. Bloom oversees Lovett Industrial’s legal department, along with its property and asset management, compliance, and accounting divisions on a company wide basis. Prior to Lovett Industrial, Ms. Bloom was a senior attorney in the Mergers, Acquisitions and Capital Markets practice group at Vinson & Elkins LLP, where she focused on private equity transactions, and also counseled public and private business entities with respect to corporate governance, compliance and tax-related matters. Ms. Bloom earned a Bachelor of Science in Business Administration (Accounting) from the University of Nebraska-Lincoln, and earned her law degree, cum laude, from California Western School of Law-San Diego and an L.L.M. from the University of San Diego School of Law. Ms. Bloom is licensed by the State Bar of Texas, Louisiana and California.

NATHAN BENJAMANOV

Senior Associate – Texas Region
Mr. Benjaminov serves as Senior Associate – Texas Region at Lovett Industrial, joining in June of 2021. At Lovett Industrial, Mr. Benjaminov is charged with evaluating acquisition and development opportunities and supporting financing, leasing, and disposition efforts. Prior to joining Lovett, Mr. Benjaminov received his BA in Economics from the University of Texas at Austin. During his time as an undergraduate student, he held internships in acquisition roles with Lionstone Investments, Urban Genesis, a private family office and an investment sales internship with Cushman & Wakefield

PAIGE CHIANG

Ms. Chiang serves as Marketing Associate at Lovett Industrial, joining in October of 2021. Ms. Chiang focuses on Lovett Industrial’s public outreach touchpoints such as its social media, website, media relations, ESG initiatives, and company events. Prior to Lovett Industrial, she worked as a Corporate Banking Analyst at RBC Capital Markets in New York City for approximately 3 years specializing in Real Estate, Municipals, and Power and Utilities. Ms. Chiang earned a B.S. in Finance from Marquette University.

KIRBY SHAW

Senior Counsel
Ms. Shaw serves as Senior Counsel of Lovett Industrial, joining in September 2021. At Lovett Industrial, she is charged with providing legal guidance on nationwide real estate transactions including property acquisition, financing, due diligence, and leasing. She also supports the company in general corporate legal matters. Prior to joining Lovett Industrial, Ms. Shaw worked at Locke Lord, LLP in the Real Estate and Real Estate Finance groups with experience representing clients in a variety of real estate matters including acquisitions, development, and lending. Ms. Shaw received a BA in strategic communications from Elon University and a JD from the University of Texas School of Law. Ms. Shaw is licensed by the State Bar of Texas.

MATTHEW GIANNUZZI

Mr. Giannuzzi serves as a Senior Associate at Lovett Industrial, joining in August 2021. At Lovett Industrial, Mr. Giannuzzi is charged with evaluating new acquisition and development opportunities and supporting due diligence, entitlements, financing, leasing, and disposition efforts across the Eastern region. Prior to joining Lovett Industrial, Mr. Giannuzzi spent 5 years in Deloitte Consulting’s Real Estate & Location Strategy practice. In this role, Mr. Giannuzzi helped corporate clients think strategically about their global office portfolios, including site selection, cost optimization, workplace transformation, and campus strategy projects. Mr. Giannuzzi earned a BA from Duke University, where he owned and operating a shipping and storage company for students, and an MBA from Columbia University.

COLBY EVERETT
Mr. Everett serves as a Director at Lovett Industrial, market leader for the Dallas-Fort-Worth and Phoenix markets, joining in November of 2021. Mr. Everett currently supports the ongoing development of over 4 million square feet of industrial projects. Mr. Everett’s work includes evaluating new acquisition and development opportunities, managing due diligence efforts, securing financing, leasing, and dispositions. Prior to Lovett Industrial, Mr. Everett worked on the Acquisitions Underwriting team at Invesco Real Estate and, during his time at the firm’s headquarters in Dallas, contributed to the purchase and development of over $1 billion in industrial, office, and multifamily product, across multiple regions. Before Invesco, Mr. Everett worked on an office leasing team at CBRE Phoenix whose production ranked in the top 1% of the firm nationally, completing over 100 transactions per year. Mr. Everett earned a BS from Northwestern University in Evanston, IL.
AL HEDIN

Mr. Hedin serves as Vice President – Development – East Region at Lovett Industrial where he leads pre-construction, due-diligence and entitlement activities including land use planning, agency approvals, design, and construction activities. Mr. Hedin joined Lovett Industrial in June 2021 to expand and reinforce Lovett Industrial’s US East Regional platform and currently supports approximately 2 million square feet of projects in the pipeline for Lovett Industrial. Prior to that Mr. Hedin was a Vice President at Brookfield Properties, in the Mid-Atlantic region responsible for construction activities at the mixed-use transit oriented $1.2 billion Halley Rise project in Reston, VA. Prior to his tenure at Brookfield, Mr. Hedin spent 11 years at Hines working across a spectrum of projects such as CityCenter DC a $1.1 billion mixed use project in Washington DC and CIBC Square a 50-story 1.7 million square foot office tower in Toronto, Canada. Mr. Hedin has a Bachelor of Science in Construction Management from University of Wisconsin and a Master of Management from Pennsylvania State University.

RICHARD SACRA

Mr. Sacra serves as a Construction Manager at Lovett Industrial, where he oversees day-to-day construction activities on projects that are under construction and in predevelopment. Daily tasks include items such as managing budgets and pre construction requirements, project management, and site infrastructure/procurement needs. While at Lovett, Mr. Sacra has managed the completion of approximately 2 million square feet of industrial space and is actively managing additional developments both in Texas and in Phoenix. Prior to Lovett, Mr. Sacra worked as a project manager in the retail construction industry for over 10 years, where he built and managed over 75 projects throughout the country, ranging from build to suit, design build, ground up, tenant improvements, and sitework/site infrastructure projects. Along with project management, Mr. Sacra was also involved with preconstruction activities such as budgeting and estimating. Mr. Sacra earned a BS in Construction Engineering Technology and a Minor in Business from Texas Tech University.

MADISON JONES

Mr. Jones serves as Director – East Region Industrial for Lovett, joining in September 2020. At Lovett he has supported development teams company-wide in the evaluation, underwriting, capitalization, and execution of development projects. He is currently focused on generating new development and acquisition opportunities in the Southeast US from the Atlanta, GA office. Mr. Jones’ industrial development experience encompasses the successful completion of more than 8 million square feet, ongoing development, and entitlement of approximately 10 million square feet in seven markets across the country – representing nearly $2 billion in total deal volume. Prior to Lovett, Mr. Jones spent 3 years working with Johnson Development Associates within their industrial division and managed to complete more than 1 million square feet of industrial space and assisted with site evaluation and entitlements on sites across the southeast U.S. Mr. Jones earned a BA from Wofford College.

CARMEN PEARSON, P.E.

Ms. Pearson serves as Vice President – Development – Texas at Lovett Industrial and is responsible for the successful entitlement and development of multiple large-scale build to suit projects. Ms. Peason has completed the detailed management of 1.7 million square feet for Lovett Industrial and currently has another 5.3 million square feet in development and/or under construction. Prior to joining the Industrial team, Ms. Pearson worked directly for Mr. Liu as Vice President of Lovett Homes/5177 Builders, InTown Homes, and Fenway Development where she was responsible for directing and managing all facets and activities related to development of brownfield and redevelopment projects serving residential and commercial projects. Prior to Lovett, Ms. Pearson served as Manager of Engineering with Jacobs Engineering North American Infrastructure and as Senior Project Manager with Carter & Burgess. Ms. Pearson earned a B.Sc. in Engineering from the University of Alberta and is a Licensed Professional Engineer in the State of Texas.

JAMES MELODY

Mr. Melody serves as a Director at Lovett Industrial and market leader for Houston, Austin, and San Antonio, joining in April of 2020. Mr. Melody is currently supporting the ongoing development of over 2 million square feet of industrial projects and the planning of an additional 8 million square feet of space. Mr. Melody’s work includes evaluating new acquisition and development opportunities, managing due diligence efforts, securing financing, leasing, and more. Prior to Lovett Industrial, Mr. Melody worked at Clarion Partners, and during his time with the firm’s New York City-based acquisitions team, contributed to the purchase of over $1 billion in office, multifamily, and industrial property. In addition to his role in acquisitions, Mr. Melody provided analytical support to the firm’s debt fund. Before Clarion Partners, Mr. Melody worked on the origination and underwriting of commercial loans at Morgan Stanley Mortgage Capital in the New York City real estate lending group. Mr. Melody earned a BBA in Finance from the University of Texas at Austin and an MS in Real Estate Development from Columbia University in New York.

CODY FOX

Mr. Fox serves as Vice President – Construction – National Industrial at Lovett Industrial, where he is charged with overseeing all design and construction work that the firm undertakes. Mr. Fox has successfully completed more than 3 million square feet of projects over the past two years, comprising more than $200 million of managed costs and is actively overseeing the ongoing construction of approximately 7 million square feet of space.  Prior to Lovett Industrial, Mr. Fox was a Vice President at US Builders, a national contracting firm specializing in retail, industrial, and office projects across the country.  Mr. Fox has extensive experience in build-to-suit projects for industrial tenants and national retailers, and he has unique familiarity with construction markets across the country. He has been involved in more than $700 million of construction projects in markets across the U.S. over the course of his career. Mr. Fox earned a BA in Construction Management from the University of Houston where he graduated magna cum laude.

TED HART

Mr. Hart joined Lovett Industrial in August 2021, to establish Lovett Industrial’s US Western Region platform. In addition to growing the Western Region’s footprint, Mr. Hart is also responsible for the execution of 4 million square feet of current pipeline totaling more than $800 million of projects across multiple markets. Prior to Lovett Industrial, Mr. Hart spent 7 years at Hines in the Los Angeles office where he was responsible for the acquisition, development and asset management of commercial real estate projects totaling over 3 million square feet and $5 billion of value. Prior to his career in real estate, Mr. Hart served in the United States Marine Corps for eleven years flying helicopters and completed numerous combat deployments around the world. Mr. Hart is active in supporting military veterans and lives with his wife and their four children in El Segundo, CA. Mr. Hart earned a BS in Economics from the United States Naval Academy and an MBA from The Wharton School, University of Pennsylvania.

MICHAEL ALLEN

Mr. Allen joined Lovett Industrial in August 2020 to establish Lovett Industrial’s East Region platform.  During his time at Lovett, Mr. Allen has successfully northeast US, including some of the highest barrier to entry industrial markets in the country.  Prior to Lovett Industrial, Mr. Allen held Hines, the global, real estate investment management and development firm, based in Houston, TX. During his 25-year career at Hines, Mr. Allen oversaw the development, acquisition, and operations of in excess of 8 million square feet of institutional, investment grade commercial, residential and mixed-use assets valued in excess of $5.6 billion. Mr. Allen has extensive experience in sourcing, entitlement, capitalization and execution of large scale commercial real estate developments across the eastern United States markets. He studied economics at Brown University in Providence, RI, earned a BA and MA at RISD where he later served on the Board of Trustees and oversaw the Brown-RISD joint degree program.