NEWPORT BEACH, CA-The Carson Cos. has hired former TishmanSpeyer exec Fred McIntosh to lead CarsonAdvisors, a newly formed entity of the Carson Cos.that is seeking between $100 million and $200 million of investmentfrom prospective partners to acquire industrial real estatethroughout Southern California and Houston. McIntosh, a veteran ofmore than 29 years in real estate investment, joins the firm assenior vice president, capital markets.

James Flynn, president of the Carson Cos., says in anannouncement regarding the appointment of McIntosh, "We broughtFred on board due to his extensive experience with institutionalinvestors." Flynn adds that McIntosh "will be a key factor in theCarson Cos.' new initiative to partner and invest with public andcorporate pension funds, sovereign wealth funds, endowments,foundations, family offices and high net worth investors.”

McIntosh points out that the Carson Cos. "believes thatexcellent buying prospects will become available in this nextcycle" and wants to position itself with investors to capitalize onthe opportunity. By partnering with entities that are capable ofinvesting $100 million to $200 million, the Carson Cos. says, itwill be able to continue its investment strategy of acquiringhigh-quality distribution and light manufacturing industrialproperties in Southern California and Houston while utilizing lowlevels of leverage. McIntosh says the focus on high-qualityindustrial properties and the capacity to act quickly and acquireassets in all-cash transactions "will make it a desirable buyerwith brokers and sellers.”