Newly Launched Stotan Industrial Will Focus on Acquisition and Development
Chicago real estate executive Jim McGill, SIOR, has launched his newest venture, Stotan Industrial, a private investment firm specializing in the acquisition and development of industrial assets in high growth markets critical to the U.S. supply chain and e-commerce distribution.
Backed by a high net worth individual investor base, McGill will rely on longstanding broker and capital relationships to grow the new firm’s portfolio in Chicago, Columbus, Indianapolis, Cincinnati, Louisville and Charlotte initially.
“We are going to make moves in cities we know well and where we have strong brokerage relationships and a proven track record,” said McGill. “Stotan’s investors are focused and nimble which will allow us to quickly respond to opportunities in our target markets.”
McGill was previously an EVP with CA Industrial, a subsidiary of Chicago-based CA Ventures. Prior to that, McGill was managing director of capital deployment – Central Region at Prologis.