Drew Hess Email & Phone Number

Oakland, California, US

Created a new industrial operating platform with Mark English to reposition industrial sites through redevelopment or renovation. Purchased three projects in 2023 (Sunnyvale, Hayward, San Jose).- Focused on infill industrial investments in the San Francisco Bay Area.- Buying yards, obsolete buildings and contaminated sites in industrial submarkets..

Indianapolis, IN, US

Lead Duke Realty's (NYSE: DRE) team, portfolio and capital deployment in the San Francisco Bay Area, Central Valley and Seattle. Expanded Duke's portfolio by creating a team to build and buy high quality industrial product. Opened a new regional office in Oakland and an office in Seattle adding and managing 12 team members to source, underwrite, acquire.

Los Angeles, CA, US

• Sourced and led core and value-add acquisitions and developments in the San Francisco Bay Area, Portland and Seattle.
• Completed 22 office, industrial, multifamily and retail investments totaling $1.8 billion.
• Structured preferred equity and joint venture investments with high-quality operators and developers.

Newark, NJ, US

• Identified, negotiated, structured, and closed equity investments.
• Acquired and developed approximately $1.6 billion in real estate investments including approximately 8.6 million square feet of commercial property, 430 acres of land and 1,350 multifamily residential units.
• Sourced and evaluated new development and value-add joint venture partners.
• Geographic focus: Seattle, Portland, Denver, and portions of California (East Bay, Inland Empire, SoCal Industrial).
• Product scope: office, apartments, industrial, and retail.
• Negotiated purchase and sale agreements and joint venture structures.

San Francisco, CA, US

• Sourced, negotiated, and closed six value-add projects totaling $193 million in total project costs.
• Completed 23 acquisitions totaling $982 million (97 buildings totaling 9.3 million SF) as lead Associate. Analyzed and executed an additional $1.1 billion of transactions as an analyst, including disposition of AMB’s.
• Underwrote acquisitions and dispositions on the West Coast, Canada, Mexico, and the UK.
• Modeled and negotiated JV and incentive fee structures for fee simple and ground lease deals.
• Lead due diligence team of analysts and consultants from letter of intent to closing including regulatory, political, financial, environmental, architectural, and market reviews.
• Improved quality of underwriting for transactions team of 20 through standardized training, enhanced due diligence standards, and redesign of analytical and presentation templates.

• Planned, staffed, and reviewed financial statement audit engagements
• Performed acquisition due diligence for public real estate companies
• Prepared and reviewed SEC filings including 10-K, 10-Q, 8-K, and S-11
• Supervised teams up to seven staff on public offering and comfort letter engagements