9:30 AM BA
FOR IMMEDIATE RELEASE
Chicago Real Estate Executive Jim McGill, SIOR, Launches Newest Venture, Stotan Industrial
CHICAGO (June 10, 2021) – Chicago real estate executive Jim McGill, SIOR, has launched his newest venture, Stotan Industrial, a private investment firm specializing in the acquisition and development of industrial assets in high growth markets critical to the U.S. supply chain and e-commerce distribution.
Backed by a high net worth individual investor base with more than 100 collective years of development, leasing and capital markets experience, McGill will rely on long-standing broker and capital relationships to grow the new firm’s portfolio in Chicago, Columbus, Indianapolis, Cincinnati, Louisville and Charlotte initially.
Stotan will align with strategic partners in the architectural, engineering and construction arena who have previously executed with McGill on major projects to deploy $250 to $300 million of capital in the next eighteen months with the goal of significantly expanding the platform and development starts into other high growth markets.
“We are going to make moves in cities we know well and where we have strong brokerage relationships and a proven track record,” said McGill. “Stotan’s investors are focused and nimble which will allow us to quickly respond to opportunities in our target markets.”
McGill was previously an Executive Vice President with CA Industrial, a subsidiary of Chicago-based CA Ventures, where he was hired in mid-2018 to start the industrial platform for the company. During his tenure he completed and stabilized approximately $50 million of core assets in Cincinnati, Indianapolis and Chicago, with another $92 million of product under construction in Indianapolis and Columbus. Prior to joining CA Ventures, McGill was the Managing Director of Capital Deployment – Central Region at Prologis. During the seven years he was there, he completed $1.1 billion in development projects including 21 build-to-suit projects totaling 12.9 million square feet. Clients included many Fortune 500 companies such as Amazon, Procter & Gamble, Subaru, Carrier Corporation, Kimberly Clark, Home Depot and Ulta Beauty. In addition, his team acquired over $700 million of core and value add properties within the Central Region.
Jim is a member of the Society of Industrial and Office Realtors (SIOR), the National Association of Industrial & Office Properties (NAIOP) and the Association of Industrial Real Estate Brokers (AIRE). He holds a Bachelor’s in Finance and Accounting from Iowa State University and a Masters in Finance from the University of Iowa.
About Stotan Industrial
Founded in 2021 by longtime Chicago commercial real estate executive Jim McGill, Stotan Industrial is a private real estate investment firm focused on the acquisition and development of industrial assets in high growth markets critical to the U.S. supply chain and e-commerce distribution. For more information please visit www.stotanindustrial.com.