Overton Moore Properties Hires Felix Vollrath as Senior Vice President, Acquisitions and Development
Rhea-AI Summary
Overton Moore Properties (OMP) has appointed Felix Vollrath as Senior Vice President of Acquisitions and Development to lead industrial investment activities in Southern California and Phoenix markets. Vollrath joins from Rexford Industrial Realty (NYSE: REXR), where he previously led $2 billion in industrial real estate acquisitions in Los Angeles.
Reporting to Pete Cassiano, Partner and CIO, Vollrath will be responsible for sourcing, structuring, and executing industrial investment and development opportunities for OMP's various investment strategies. Based in Torrance, CA, he brings over eight years of industrial real estate experience and holds degrees from USC and Copenhagen Business School.
["Experienced hire with proven track record of $2 billion in acquisitions", "Strategic expansion of leadership team in key Western U.S. markets", "Addition of executive with both development and investment expertise"]Positive
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News Market Reaction 1 Alert
On the day this news was published, REXR gained 0.03%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New SVP to Lead Industrial Investing in
In this new role, Mr. Vollrath will lead sourcing, structuring, and execution of industrial investment and development opportunities on behalf of OMP's core-plus, value-add and opportunistic clients and partners. He will be based in OMP's headquarters in
Mr. Vollrath brings over eight years of experience in industrial real estate investment and development. Prior to joining OMP, he was a Vice President at Rexford Industrial Realty (NYSE: REXR), where he led the acquisition of over
"We are thrilled to welcome Felix to the team," said Pete Cassiano, OMP Partner and CIO. "His market knowledge, strategic mindset, and entrepreneurial drive make him a perfect fit as we grow our business in the most dynamic industrial markets in the
Mr. Vollrath holds a Masters of Real Estate Development degree from the University of
About OMP
OMP is a vertically-integrated real estate investment, development, and operating platform focused on delivering long-term value across key industrial markets in the western
Media Contact: Janine Walker
Jwalker@omprop.com
Website: www.omprop.com
LinkedIn: www.linkedin.com/company/overtonmoore
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SOURCE Overton Moore Properties (OMP)