Chicago real estate veteran Dan Fogarty has joined Stotan Industrial (Stotan) as Managing Partner.   Mr. Fogarty will work in tandem with Managing Partner Jim McGill, SIOR, overseeing business development and operations for the rapidly-growing organization

CHICAGO (January 24, 2022) – Said McGill, “We are thrilled such an experienced developer like Dan has joined our team.  His vast experience in the Florida, Georgia and Texas markets will allow Stotan to expand its core platform of services into some of the fastest growing cities and industrial markets in the country.”

Most recently, Mr. Fogarty served as Executive Vice President – Investment & Development at Becknell Industrial (Becknell), sourcing and managing the firm’s new build-to-suit and speculative development opportunities across the U.S. while maintaining relationships with national brokerage firms and stakeholders involved with each project.  During his six plus years at Becknell, he orchestrated the development of more than 1600 acres across 11 states resulting in 57 buildings totaling 18+ million square feet with a total investment value of $1.8 billion.  Notable projects completed include: Old Augusta Commerce Center in Savannah, GA; Air Commerce Park in Orlando, FL; North Las Vegas Business Park in Las Vegas, NV; and Madison Business Center in Tampa, FL.

Prior to joining Becknell, Mr. Fogarty was Vice President and Market Officer at Conor Commercial Real Estate in Rosemont, managing the firm’s Midwest industrial and office portfolio of projects. He began his career at Darwin Realty & Development.

Mr. Fogarty is a graduate of Northern Illinois University and earned an MBA from Benedictine University in Lisle.

Backed by a high-net-worth individual investor base with more than 100 collective years of development, leasing and capital markets experience, Stotan is 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-commerce distribution.

Over the next 18 months, Messrs. Fogarty and McGill plan to deploy $250 to $300million of capital with the goal of significantly expanding the firm’s platform and development starts into high growth markets across the U.S. Currently the firm is developing a 640,000-square-foot spec warehouse in Groveport, OH, with several more projects in the pipeline.