Dave Fazekas signed on with Black
Creek Group in late 2010–rejoining his
former RREEF Management colleague
as “employee No. 3” on Black Creek’s
reconstituted industrial platform.
Immediately he began looking for
industrial opportunities. At that time,
he was walking into an environment
that was essentially a greenfield parcel
as the firm had not been active in the
industrial space for several years.
The firm and his responsibilities have grown significantly since
then. Fazekas has been instrumental in creating the approximately
60- million-square-foot portfolio of prime industrial assets scattered
throughout the hypercompetitive Eastern US market. Less than a
decade later, he leads a large team that has deployed approximately $4.5 billion in the Eastern US within the industrial sector,
his biggest accomplishment. As co-chief investment officer/indus-trial and head of the Eastern region, he manages a team of nearly
two dozen investment and execution professionals based in New
Jersey, Chicago and Atlanta with responsibility for sourcing and
execution of all industrial investments in the Eastern US.
Before joining Black Creek Group, Fazekas spent two years at
Panattoni Development, where he helped clients weather the economic downturn of 2008. Previously, he spent six years at RREEF
Management, which he joined straight out of the New York University’
real estate finance and investment master’s degree program.
With more than 20 years of industrial
capital markets experience, Erik Foster
has become an influencer by expanding the firm’s national reach and growing the team’s involvement with
national and global investment partners. Foster formed the national industrial capital markets group with longtime business partner, Mike Wilson, and
recruited other team members. The
team has built a strong Chicago presence, a steady revenue stream and private equity/institutional clients with assets across the country. The team’s deal volume has
grown significantly, increasing by nearly 1,171% from 2013 to 2017.
Foster’s team has been involved in many transactions across
North America that showcase the team members’ ability to work
through challenging situations. The team is known for its determination and creativity in selling assets that are difficult to market,
and an ability to build strong personal relationships. The Avison
Young approach is focused on a strategic advisory platform that
encourages brokers to examine all aspects of the transaction—
from marketing assets to understanding the nuances of its clients’
businesses and long-term investment objectives.
Foster’s approach is also focused on sharing valuable market
research and knowledge that can help shape the course of the clients’ business decisions. His group regularly tracks information on
industrial investment, construction, financing, and foreign allocation of funds for report insight.
Foster has won numerous awards and is a member of ULI and
NAIOP, and is an Indiana University Kelly School of Business
Center for Real Estate Studies board member.
Jack Fraker goes above and beyond in
every aspect of his professional and personal life. He is not only an influencer
within the team, his company and clients, but he also has a meaningful
impact on the broader community outside of commercial real estate. Fraker is
a role model, mentor, advisor and
friend to everyone he meets.
He specializes in the sale of investment properties for institutional clients, as well as tenant representation for corporate clients. He
recently assumed additional responsibilities as the global head for
CBRE’s industrial and logistics sector and has consistently ranked
as a top producer nationally in investment sales, representing some
of the country’s largest corporations, global investors, pension
fund advisors and REITs. He has leased or sold more than 815 million square feet and approximately 6,600 acres of development
sites in more than 60 US cities, Mexico, Europe and South
America. In 2018 alone, he led the national partners team which
worked on deals ranging in size from $1 million to $3.5 billion,
totaling 253 million square feet and $19 billion in value.
Not only does Fraker teach at the University of Texas at Austin
and Southern Methodist University, but he also is a member of the
board of directors for Cristo Rey Dallas College Prep. He has won
countless honors and served as the council chair of ULI from 2012
Karl Heitman pioneered the integrated
headquarters/manufacturing prototype in 1989, blending corporate headquarters, R&D laboratories, automated
manufacturing and customer experience centers. Inspired by a unique
understanding of Manufacturing 4.0
and global supply chain demands, he
advanced digital technology applications in CRE, leading a sustainability-focused practice.
Heitman re-imagined industrial
buildings and cities based on locally sourced manufacturing centers that directly link producers and consumers in a closed-loop
economy, bridging the gap between developer and corporate user.
He designed integrated workplace environments within very cost-competitive markets. These commodity class structures have
evolved into integrated workplaces designed around democratized
workforces, automation and robotics.
Heitman designed the first LEED-certified industrial building in
Illinois in 2004, the largest LEED CI facility in the US for Kraft
Foods and a regional distribution facility for SC Johnson & Sons,
which received NAIOP’s National Development of the Year Award
in 2009. In addition to countless other awards, he received the
2016 CoreNet Global Sustainable Leadership Award as architect of
record in collaboration with William McDonough + Partners for
the Method Soap Factory, the first manufacturing building to
receive LEED Platinum. On its roof, Heitman designed the largest
fully automated hydroponic rooftop farm in the US for Gotham
Greens, and is now working on rolling out this prototype in five