FAIRFIELD, NJ –Woodmont IndustrialPartners, an affiliate of WoodmontProperties, has named David Iacobucci managing director inthe firm's Fairfield, NJ office. Iacobuccioversees day-to-day operations and seeks new investments to growWIP's portfolio of seaport and inland port-oriented warehousedistribution facilities.
“David is a well-respected industry leader, and his expertise,depth of relationships and strategic approach will be a significantaddition to our expanding platform, as we continue to seek newopportunities that provide capital appreciation with exceptionalrisk-adjusted yields,” says Eric Witmondt, CEO ofWIP. “His guidance will be an asset inidentifying, securing and developing investment-grade industrialproperties in markets that present the greatest value.”
WIP targets strategically located industrialproperties that offer excellent access to ports, in close proximityto major logistic hubs. The firm's market focus is on select,high-barrier-to-entry and globally oriented seaport and inland portmarkets in the Northeastern United States.
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