Blake Waeghe to Seek and Execute New Development Opportunities in Chicago for Stotan Industrial
Stotan Industrial is pleased to announce that Blake Waeghe, in his new role as Associate, will assist Company founder and President Jim McGill in sourcing and executing new development opportunities for Stotan in the Chicago market. Blake joined Stotan Industrial in 2022 as a Financial Analyst. “In the 2 years since Blake joined our team, […]
Stotan Industrial Appoints Linda Pace Chief Administrative Officer
Stotan Industrial is thrilled to announce the addition of Linda Pace as our new Chief Administrative Officer. As Stotan’s new Chief Administrative Officer, Linda will play a pivotal role in managing the company’s financial, administrative, accounting, and human resource functions. She will collaborate closely with the leadership team, providing input toward strategic planning, and driving […]
Stotan Industrial and JV Partners Sell 640,000 SF Building in Groveport Ohio
Stotan Industrial announces the sale of Groveport South Logistics Center in Groveport, Ohio. The 640,000 SF distribution facility located at 3755 Hayes Road was developed through a joint venture with CA Industrial and LaSalle Investment Management, with financing provided by Associated Bank. The property was sold to an undisclosed buyer in the food and beverage […]
Stotan Industrial Adds Conor Nestor as an Investment Analyst
Stotan Industrial is pleased to announce that Conor Nestor has accepted the position of Investment Analyst. Conor’s role encompasses underwriting investment and development opportunities, managing project due diligence, conducting market research and providing support in leasing and disposition of assets. Prior to joining Stotan Industrial, Conor gained valuable experience during his two-year tenure at JLL […]
Stotan Industrial Acquired a 39-Acre Site in San Antonio, Embarking on Expansion to Texas
Stotan Industrial is proud to announce that it has closed on a 39-acre parcel on Toepperwein Road in the heart of San Antonio’s premiere northeast industrial submarket. Construction is underway on a 4-building, 493,000-square-foot, Class A industrial park. The development marks Stotan’s debut in Texas and underscores its expansion into 5states. The Interchange at Live […]
Stotan Hires Ben Harris to Open Company’s First Remote, Regional Office in Charlotte, NC
Stotan Industrial has appointed Ben Harris as the Senior Vice President and Market Officer of the Carolinas. In his new role, Ben will be responsible for securing new development sites in 3 primary markets in the Carolinas, including Charlotte, Charleston & Greenville / Spartanburg. To help drive Stotan’s growth and establish the Company in the […]
Stotan Acquires O’Hare Site for Spec Industrial Building
Stotan Industrial, in partnership with PCCP, is pleased to announce the acquisition of an 8-acre infill site in the dynamic O’Hare submarket. The site, located at 350 N Wolf Rd in Mt. Prospect is situated just west of I-294 with excellent access at both Dempster and Golf Rd. Upon its completion in November 2023, the […]
Stotan Industrial Raises $18M Equity For Development Fund
Stotan Industrial is proud to announce the successful closing of Stotan Fund I. We are pleased to report that we exceeded our fundraising target by 30%. Stotan Industrial’s Chief Investment Officer, Principal, Daniel Fogarty commented: “The proceeds of the Fund when coupled with LP equity and moderate leverage will allow Stotan to finance nearly […]
Stotan Acquires Site in Woodbury, MN for 477,000 SF Spec Building
Stotan Industrial, in partnership with NAI Legacy and Ares Management, is pleased to announce the acquisition of I-94 East Logistic Center, a 33-acre site in Woodbury, Minnesota. Construction is underway for a 477,000 SF, Class-A industrial building, scheduled for August 2023 completion. This site is situated in a rapidly developing industrial corridor along I-94 near […]
Stotan Industrial Celebrates 1-Year Anniversary
Stotan Industrial recently celebrated its 1-year anniversary. Over the last twelve months, Stotan has sourced over $1 billion of projects between completed buildings and projects in the pipeline. Activity ranges across 8 states and over a dozen deals. The President of Stotan Industrial, Jim McGill commented: “It’s been an exciting first year for our team! […]