Transwestern Expands National Logistics Division
- Oct 25, 2018
Transwestern Development Co. is rebranding and expanding its national logistics division. Previously called Ridge, the new Logistics Group will be led by John Thomas as managing partner. Thomas previously served as senior managing director at CBRE Global Investors.
Based in Dallas, Thomas will oversee the firm’s industrial pipeline and manage regional offices in Texas, Illinois, California and Georgia, with plans to open more offices across the country. Along with Thomas, Stephen Batcheller will be based in Orange County, Calif., and serve as regional partner to facilitate the firm’s expansion along the West Coast. Batcheller was previously a partner at Panattoni Development Co.
“With demand for high-quality logistics space continuing at robust levels, we continue to expand and add to our team at the most senior levels,” said Carleton Riser, president of TDC, in a prepared statement. “As proven professionals with millions of square feet of successful projects, John and Steve have shown keen ability to identify opportunities and deliver superior financial results. They will be tremendous assets to our company and investment partners.”
The industrial and logistics sector has been on fire across the country, as the rise in e-commerce has led to a boom in development and leasing.
Images courtesy of Transwestern