“Launch of Outrigger Industrial: A New National Industrial Platform”

"Launch of Outrigger Industrial: A New National Industrial Platform"

A group of four executives in the industrial real estate industry have joined forces with investment firms Davidson Kempner Capital Management and Monarch Alternative Capital to create a new company, Outrigger Industrial, LLC.

Outrigger Industrial will focus on identifying and pursuing opportunities for industrial development and acquisitions. The company will also serve as an external advisor to Centris Industrial, a private REIT, while managing assets for the existing CA Industrial platform.

The leadership team of Outrigger Industrial consists of Michael Podboy, Joe Trinkle, William Lu,and Steve Rowley. These individuals previously held leadership positions at both the CA Industrial platform and Centris Industrial REIT. Additionally,the team is joined by Scott Henderson,J immy Hwang,and Adam Niemeyer along with other employees from the CAIndustrial platform.

Headquartered in Chicago,the national presence of OutriggerIndustrial extends to Los Angeles,Houston ,Atlanta ,Philadelphia,and Columbus . With current projects totaling 6.4 million square feet,a nd plans for an additional 1.4 million square feet in its near-term pipeline,this new national industrial platform is poised for success under its experienced leadership team.

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