Logistics Property Company, LLC (LPC) was founded in January 2018 by Chief Executive Officer James Martell, former President and Founder of Ridge Development (Ridge), along with several former Ridge executives including Dennis Rice, Aaron Martell, Kent Newsom and Bill Peltin, with backing from MIRA Real Estate – part of Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers. LPC is led by a diverse and seasoned management team that averages over 25 years of experience and has developed more than 105 million square feet of logistics buildings since it began in 1995.
About Logistics Property Company, LLC (LPC)
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 on the formation of the platform. LPC currently manages properties in key logistics markets including Dallas, Houston, Chicago and Seattle-Tacoma with an estimated end-value of over $1.25 billion. Headquartered in Chicago, LPC has offices in Atlanta, Dallas, Houston, Los Angeles and Seattle with office openings slated for Philadelphia and Miami.
About MIRA Real Estate
MIRA Real Estate is a global real estate manager and investor focusing on asset management, direct real estate investments, entity investing and private capital markets transactions services. MIRA Real Estate has a global network of over 230 people in 20 countries and, as at 31 December 2018, managed assets of >$17 billion* across its funds and entity investments.
MIRA Real Estate is part of Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers. As at 30 September 2018^, MIRA managed ~$129 billion in assets, including; 161 portfolio businesses, ~400 properties and 4.6 million hectares of farmland. For further information, please visit MIRAfunds.com.
Our mission is to be a leading developer and operator of state-of-the-art logistics facilities in the North America. Our strategy is to grow our assets under management through the execution of various investment mandates while generating above market, risk-adjusted returns for our institutional partners.
It is an exciting time for the US industrial sector. The growth in e-commerce, increasing globalization of trade and supply chain reconfiguration are driving record tenant demand and rental growth. Together with our partners, we hope to provide state-of-the-art logistics facilities and best-in-class occupancy solutions for our customers.
* Includes Macquarie Capital Real Estate Investment’s (MREI) AUM, with MREI not formally combining with MIRA until February 2019. AUM based on proportionate enterprise value, calculated as proportionate net debt and equity. AUM includes assets owned by specialist real estate platforms managed by or jointly with third parties.
^ Excludes Macquarie Capital Real Estate Investment’s (MREI) AUM, with MREI not formally combining with MIRA until February 2019.
Our values are also known as “Our DNA.” They are the operating philosophies or principles that guide our internal conduct as well as relationships with our customers, partners, and shareholders.
Our culture is built on three principles:
years of experience our team has
on average in the real estate industry
total square feet of area developed
throughout the United States