With the rise of e-commerce, Andrew
Chung found that there was a lack of
space availableto retailers, demanding
competition to stay afloat. By analyzing the increase in delivery needs in
the past decade and pursuing methods for faster, more efficient delivery,
Chung and his team at IPG are reversing the notion that warehouses belong
solely in the suburbs.
IPG is involved in more than $1.7
billion worth of industrial real estate properties in the Greater
New York City area. Chung’s greatest accomplishment in the past
three years has been the process of redefining urban logistics
through the development of 1. 8 million square feet of updated
high-tech warehousing space in New York City. IPG’s portfolio currently consists of six properties within the five boroughs, including
the firm’s biggest project, 2505 Bruckner, a multi-story urban
logistics facility on 20 acres in the Bronx. By building high-tech
facilities, IPG’s properties will service the needs of the 9. 4 million
people in the city with technology, close proximity to all five boroughs and access to major highways.
First beginning in the San Gabriel Valley and eventually expanding into the Inland Empire, the duo of Colliers’ Tom Taylor and
Steve Bellitti have been one of Southern California’s top-producing industrial brokerage teams with a keen understanding of transaction complexities. Their team effort goes back to the 1990s and
now centers on the Inland Empire region, having executed a variety of large-scale transactions and providing strategic solutions that
directly impact clients’ bottom lines.
During the past three decades, the
team has built relationships with some
of the largest names in the industry,
which they continue to do today.
Specifically, Taylor has developed
strong relationships with major property developers, institutions, prominent
private investors and corporate users
throughout the Southern California
In the past three years, the team has
transacted 36. 1 million square feet with
a total consideration of $1.25 billion.
Since 2010, Taylor and Bellitti have sold
1,284 acres to various clients for future
development. Their largest transaction
last year was a $100.5-million
927,708-square-foot sale for CH Realty
to Alere Property Group in Redlands,
CA. This type of transaction resulted in
a number one ranking among Colliers
brokers in 2018 Moreover, the sale was
2018’s largest industrial sale transaction
and led to a 2018 GLA region top producer award. Others include a 2017
Inland Empire top producer/indus-trial, 2016-17 Colliers top producer Greater Los Angeles Area, 2017
Costar Power Broker award, 2015-19 Colliers number one ranked
industrial team/broker West Coast, 2016-17 Max Green Circle of
Excellence outstanding production award, 2012 NAIOP Largest
Inland Empire land transaction, 2011 Majestic’s top industrial
transaction and 2009 largest building leased in Los Angeles and
CUSHMAN & WAKEFIELD – LOGISTICS & INDUSTRIAL SERVICES TEAM
Cushman & Wakefield’s logistics and industrial services team completed more
than 216.8 million square feet of US transactions in 2018 alone, spread across
eight specialty advisory groups with more than 840 professionals in the
Tray Anderson is the leader of Cushman & Wakefield’s Logistics &
Industrial Services platform for the Americas. Anderson is a supply chain
expert that has spent his entire 20+-year professional career in the industry,
both on the client side and as a top-end consultant. His knowledge of supply
chain strategy is helping Cushman & Wakefield continue to grow its Logistics
& Industrial practice, while providing clients with expertise on how to integrate their supply chain and real estate strategies.
Bethany Clark is senior managing director of industrial strategy and operations at Cushman & Wakefield. Clark is a strategist with a rare background in
both supply chain and real estate. Her ability to run distribution center networks and partner across a variety of Cushman & Wakefield departments ensures industrial brokers are equipped with leading supply
chain insights, business development support, thought leadership and research.
Jason Tolliver is VP and head of logistics and industrial research for the Americas. He works collaboratively to provide clients with advice
on macroeconomic trends affecting industrial and commercial real estate. Tolliver regularly creates articles for industrial trade publications, citing Cushman & Wakefield’s research report findings, and serves as an expert source for regional and national media outlets.
Rich Hamilton is the managing director and leader of Cushman & Wakefield’s 3PL advisory group. He has experience in manufacturing and supply chain, third-party logistics/3PL and industrial real estate. Hamilton’s experience as first vice president for global
customer solutions at Prologis focused his efforts on the 3PL vertical as well as occupiers in the manufacturing, retail and consumer
goods industries. He is an industry expert and speaker who has published content, and provided media commentary on industry
trends and projections.
Bethany Clark Tray Anderson