CHICAGO—The Chicago industrial market plays a key role in the US economy, especially in the field of logistics and distribution, and Transwestern officials have said they consider establishing a strong presence in the sector here imperative. In January, for example, the Houston-based firm acquired Epic Realty Partners, an industrial real estate group in suburban Rosemont. The addition of Epic made Transwestern one of the region’s top five industrial real estate providers.
And Transwestern has just bolstered the Rosemont operation by hiring Bradley Migdal, a 10-year industry veteran, as executive managing director to lead its industrial site selection and business incentives practice. Transwestern now has a 25-person team in Rosemont.
“We are proud to be able to use Brad’s expertise in the site selection field to bolster Transwestern’s corporate services platform here in Chicago,” says Mike Watts, Transwestern’s Midwest president. “Not only will he support our newly acquired industrial team, but he also offers significant value to our capabilities when it comes to strategic planning across multiple asset classes for large corporations.”
Migdal specializes in domestic site selection, location analysis and economic incentives procurement. As reported in GlobeSt.com, last year Migdal teamed with Epic to relocate Kenall Manufacturing Co. from Illinois to a 354,000-square-foot facility in the burgeoning market of southeast Wisconsin. He helped obtain state, county and local incentives that offset the overall cost of the project.
Most recently, Migdal was a Chicago-based managing director with Newmark Grubb Knight Frank’s global corporate services consulting practice. He previously worked with PricewaterhouseCoopers LLP and Deloitte Tax LLP. He has represented a number of Fortune 1000 companies in corporate real estate projects, including firms in the automotive, consumer products, financial services, telecommunications, energy, food and beverage production, pharmaceuticals and packaging industries.