Award-winning developer George Oliver and industry veteran Robert Guerena have joined forces to launch a new industrial partnership – G.O. Industrial. G.O. Industrial will focus primarily on ground-up development, value-add acquisitions and the management of industrial and e-commerce real estate product throughout the Western U.S.
Robert Guerena
This will include high-growth markets such as Phoenix, Salt Lake City and Las Vegas. It will also include core logistics markets, primarily in Northern and Southern California, where the industrial sector is outperforming all other commercial real estate product types.
Founded in 2017, George Oliver has built a reputation for delivering cutting-edge, experiential Class A workspace environments across the country. Its list of recently completed concepts and redevelopments underway in metro Phoenix include CASA in North Phoenix, LOFTS at The District in Scottsdale, and the neighboring The Alexander and The Jonathan buildings in downtown Chandler. George Oliver looks to bring the same level of success to its new industrial endeavor.
On the industrial front, Guerena and George Oliver partners Curt Kremer and Charles Jerkovich have developed and managed millions of square feet of industrial space in multiple markets across the U.S. This new venture will merge that expertise with G.O. Industrial, providing a platform to immediately execute on attractive speculative and build-to-suit opportunities.
“Robert contributes a tremendous industrial development track record and strong capital, tenant and broker relationships at a time when the market is clamoring for modern, new e-commerce and logistics real estate product,” said Kremer. “Robert is a true leader in our industry and we couldn’t be more excited to add his industrial expertise to the George Oliver family of companies.”
Guerena, who will be acting as G.O. Industrial’s Managing Partner, has more than 15 years of experience in the industrial arena, directly participating in or leading more than $2 billion in development ranging from speculative to build-to-suit industrial projects. Prior to the new venture he served as Senior Vice President for Seefried Industrial Properties.
“The West has enjoyed exponential industrial market growth, but the region is still underserved, with several more years of expansion projected on the horizon,” said Guerena. “The contributions of the G.O. Industrial platform will help to meet that need in a very thoughtful and intentional way.”’
G.O. Industrial is currently in negotiations on multiple development sites, with hopes to announce its first development in the second quarter of 2021.
