Hines, the global real estate firm, announced the expansion of its Midwest industrial team with the appointment of John “Fordy” Gates as director. In his new role, Gates will focus on industrial investment opportunities in the Central U.S. market to meet the growing demand.
The Hines Midwest industrial platform focuses on developments and acquisitions across the Midwest with a distinct concentration on Chicago. The team is growing its portfolio with the current development of Whiteland 65 Logistics Center and the recently acquired 900 Patrol Road, a 100%-leased e-commerce fulfillment center.
“We are very bullish on our continued expansion of industrial investment opportunities in the Midwest and Fordy is a vital addition to that,” said Will Renner, managing director of Hines. “With his demonstrated expertise, Fordy will help elevate our industrial acquisitions and development platform.”
Before joining Hines, Gates served as a vice president at Brennan Investment Group. He was responsible for all leasing and operation functions for properties in the Chicago and Midwest markets. Gates’ past roles also include time at JLL as a head research analyst for the Midtown south office sector in New York City and the industrial investment sales group in Chicago, where his responsibilities included asset disposition and financing services to all capital markets clients focused on industrial assets. Gates earned his master’s in business administration from the Graaskamp commercial real estate program at the University of Wisconsin, and his bachelor’s degree in business administration in finance from Southern Methodist University.
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries. Hines oversees investment assets under management totaling approximately $90.3 billion¹. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit http://www.hines.com for more information.