Angelo Gordon Selling 2M SF Portfolio Across 7 States
New York-based Angelo, Gordon & Co. is selling a two-million-square-foot portfolio of industrial properties spanning seven states. CBRE Capital Market’s National Partners team, including Jack Fraker, Chris Riley, Michael Hines, Michael Caprile and Darla Longo, is handling the exclusive assignment that involves eight mission-critical industrial facilities.
The properties are located in Alabama, California, Georgia, Illinois, New Jersey, Texas and Wisconsin. Currently, the portfolio is 100% triple-net leased to five nationally and regionally recognized tenants with a remaining lease term of more than eleven and a half years.
The portfolio offers strong in-place net operating income and is poised to experience strong growth throughout the buyer’s projected hold period, due to contractual rent bumps and CPI-based rent adjustments.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.