Orange County’s Steele Tabbed New CIO for Logistics Property
Chicago-based Logistics Property Company, LLC has appointed Brent Steele as Executive Vice President and Chief Investment Officer, CIO, Logistics Property said in a press release. In the newly created role, Steele will be based in LPC’s Orange County, CA office. He is responsible for expanding the company’s development and investment programs, capital markets exposure and corporate growth nationally.
Jim Martell, LPC’s Chief Executive Officer, said Steele’s appointment “marks a significant point in LPC’s corporate evolution to a diversified logistics real estate platform. Brent brings more than 20 years’ experience in finance and more than 15 years in real estate investment and development to the role.”
“I am very excited about joining the experienced team at LPC,” said Steele. “This is a tremendous opportunity to help grow a highly respected real estate investment and development platform.”
Prior to joining LPC, the global investment executive was Head of the Americas Real Estate Team at the Abu Dhabi Investment Council (ADIC) where he invested more than $6 billion of equity investments across all product types.
Brent was a Senior Director with CBRE Global Investors in Los Angeles (now CBRE Investment Management) where he executed on value-add and opportunistic investments across all product types, and a Senior Associate at AIG Global Real Estate
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