Investors Have Billions in Dry Powder for Logistics Space

Thomas says demand for logistics space is through the roof, with users taking whatever space they can find.

DALLAS—With demand for high-quality logistics space continuing at record levels, Transwestern Development Co. is expanding its team at the most senior levels. Its national logistics group, previously called Ridge, has added industry veteran John Thomas at the helm as managing partner. Based in Dallas, Thomas will oversee the firm’s industrial pipeline and manage regional offices across the country.

In addition to Thomas, Transwestern Development Co. has recruited Stephen Batcheller as regional partner to facilitate the firm’s expansion on the West Coast. Based in Orange County, Batcheller previously worked at Panattoni Development Co. as a partner, where he was responsible for all aspects of the company’s office and industrial activities in the Inland Empire, Orange County and a portion of Los Angeles County.