BOSTON–(BUSINESS WIRE)–Boston-based real estate investment company, Longpoint, has announced the addition of two key regional hires in newly created roles. The appointments are aimed at expanding the firm’s team and operations within Texas, a critical growth market supported by strong fundamentals, including significant population growth and high tenant demand for infill warehouses.
Veteran investment executive Roger Waggoner joins the firm as Director of Acquisitions. In this role he will be responsible for expanding Longpoint’s portfolio of industrial assets across Texas. In another significant addition, Micah Faulkner was hired to fill the role of Construction Manager. Faulkner will play a key role in implementing the firm’s value add, repositioning and adaptive reuse strategies. Both Waggoner and Faulkner will be based in Dallas. These strategic hires exemplify Longpoint’s strategy to hire seasoned professionals across all business units in each of the firm’s key markets throughout the U.S. This approach aligns with the firm’s vision of further expanding the firm’s vertically integrated platform and harnessing local market expertise to spur continued growth.
“We see a compelling opportunity to grow our portfolio of industrial assets in infill markets across Texas, where there is high demand for local distribution,” said Dwight Angelini, Managing Partner at Longpoint. “The assets we’re targeting are differentiated from the larger regional warehouses expected to come online in the next few years, serving densely populated and highly competitive markets where there is a dearth of land for development. Having the right team on the ground to advance this strategy is critical to our success, and we could not be more pleased to have found Roger and Micah, who bring strong track records and significant expertise to the table. We look forward to the contributions they’ll make as part of the Longpoint team.”
Waggoner brings an in-depth understanding of market dynamics and investment strategies to Longpoint, coupled with a strong track record of driving growth, creating value and delivering exceptional results in the competitive Texas industrial market. Most recently, Waggoner served as Director of Acquisitions at CanTex Capital in Dallas, where he contributed to the significant growth of the firm’s lifetime acquisitions within a relatively short period. Prior to CanTex, Waggoner dedicated 11 years to the real estate transaction advisory services group at Deloitte. As a Senior Manager in Deloitte’s real estate consulting practice, he oversaw a substantial team, orchestrating the execution of numerous valuation and consulting engagements annually. Waggoner graduated magna cum laude from the University of Southern California.
Faulkner comes to Longpoint from Westcore, where he served as a Construction Project Engineer. In this role, he successfully managed more than 20 projects valued at nearly $10 million, spanning across Texas and Georgia. His prior experience includes roles in facility and construction management at both Tusimple and Prologis.
About Longpoint
Headquartered in Boston, MA, Longpoint is a vertically integrated private equity real estate firm with deep domain experience in acquiring and operating infill logistics real estate and grocery anchored centers in major U.S. markets. Longpoint chooses its investments and value creation strategy based on an analytical process that incorporates key drivers impacting the global supply chain restructuring, demographic shifts and consumer shopping patterns. Longpoint is minority-owned and registered as an investment adviser with the SEC. Founded in 2015, Longpoint has offices in Atlanta, Boston, Dallas, Los Angeles, Miami, New Jersey, and Washington DC.
