LPC is led by a diverse and seasoned management team that averages over 25 years of experience and has developed more than 125 million square feet
Logistics Property Company, LLC (LPC), a logistics real estate platform focused on the acquisition, development and management of state-of-the-art logistics properties in key North American markets, is delighted to announce the addition of Mark Glagola and Tom Hilley to its growing team.
Based in Md., Mark Glagola serves as Senior Vice President and Market Leader in the Northeast Region; and Tom Hilley serves as Development Associate, where he is responsible for financial underwriting, market analysis, and project management for development and leasing activities in the Northeast Region.
“LPC is a Chicago headquartered, national company with strategically positioned regional leadership and deep local roots,” said Jim Martell, LPC’s Chief Executive Officer. “Mark is an experienced development professional with a solid track record in the industrial real estate sector, and we’re excited to be working with him again as we continue to grow our national portfolio.”
“Tom has already proven that no task is too to large or too small for him,” Martell added.
Glagola brings over 30 years’ experience in industrial real estate having previously held senior positions at Lincoln Property Company and Transwestern. He has been involved in more than 2 million square feet of industrial development and over $1 billion in transactions.
Prior to joining LPC, Hilley spent seven years at Transwestern in the Mid-Atlantic Capital Markets Group where he was responsible for underwriting over $1 billion in transactions.
“LPC has an experienced team, entrepreneurial culture and growing pipeline,” said Mr. Glagola. “I’m thrilled to be working with the Jim and the team again, and I’m looking forward to growing our Northeast Region footprint and team to create value for all of our key stakeholders.”
I-80-380 Logistics Center, Mount Pocono, Pa., a speculative state-of-the-art Class A distribution facility totaling approximately 750,000 square feet, is already under construction. Located 90 miles northwest of Manhattan, the 62.5-acre site is within one day’s drive to 40 percent of the US population and 50 percent of the Canadian population; and boasts remarkable access to skilled labor. It also provides easier access to New York City versus competing submarkets Lehigh Valley and Harrisburg.
Glagola and Hilley are already working on several other potential opportunities in the region.
About Logistics Property Co.
Logistics Property Company, LLC (LPC) is a logistics real estate platform focused on the acquisition, development and management of state-of-the-art logistics properties in key North American markets. The management team of LPC partnered with MIRA Real Estate – part of Macquarie Infrastructure and Real Assets (MIRA) – on the formation of the platform. LPC currently manages properties in key logistics markets including Atlanta, Chicago, Dallas, Houston, Kenosha, Mount Pocono and Seattle-Tacoma with an estimated end-value of over $1.5 billion. Headquartered in Chicago, LPC has offices in Atlanta, Dallas, Houston, Indianapolis, Los Angeles and Seattle. For further information, please visit logisticspropco.com and follow @logisticspropco.
Chief Marketing Officer, Logistics Property Co.
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