Following up on one of the most active periods in company history with over $1 billion in transaction activity in the past two years, Dedeaux Properties continues to be one of the most active industrial real estate developers and investors in Southern California.
In addition to more than $400 million in industrial real estate transactions that have closed in the first half of 2022 alone, Dedeaux Properties continues to manage its 11-million-square-foot portfolio of high-velocity distribution, cold storage facilities, and truck terminals throughout California, of which over 4 million square feet are actively under various stages of development.
“We are building off the incredible momentum of the past two years,” said principal and manager Brett Dedeaux. “Alongside our growing list of strong institutional capital partners, we continue to enter new markets, investing in and developing facilities that meet the challenges of an increasingly complex and evolving supply chain. We expect 2022 to be yet another historic year for us.”
Last year Dedeaux, whose portfolio is primarily located in the Inland Empire, Los Angeles County and Bay area, entered the Orange County market with the acquisition
of a 15-acre site in San Juan Capistrano for the development of a 91,500-square foot facility. The firm also made its first investment in the Santa Clarity Valley, joint venturing with Stockbridge Capital on a vacant 214,436-square foot warehouse and distribution center that was revitalized, leased, then sold in February of this year.
Earlier this year, Dedeaux made its entry into Kern County’s Tejon Ranch, approximately 75 miles north of downtown Los Angeles with the acquisition of a 12-acre land parcel entitled for development of up to 250,000 square feet of high-velocity warehouse.
In recognition of their roles for the firm’s steady and risk-managed growth trajectory, Dedeaux announced the following promotions and new team members: Alex Filler was promoted from director of acquisitions to senior director. Filler is responsible for the acquisition, underwriting, due-diligence, and general debt & equity duties at Dedeaux Properties. Since joining the firm in 2012, he has been involved in more than $500 million of acquisitions, dispositions, and development. He earned his MBA and a Master in Real Estate Development (MRED) from the University of Southern California.
Brandon Bank was promoted to director of acquisitions. Bank joined Dedeaux Properties in 2020 where he initially assisted with underwriting and project management duties. Previously, Bank was a broker at CBRE where he sold $520,000,000 in office, industrial, and entitled land sites. He graduated from Indiana University with a degree in Management and a minor in Business.
The firm also announced that Ted Evans had joined Dedeaux Properties as director
of asset management. Evans has more than 12 years of commercial real estate and
finance experience. Previously, he was a vice president of asset management at American Realty Advisors, overseeing a three-million-square-foot national portfolio of retail, office, and industrial assets. He has a BS in Business Administration from Bucknell University and an MBA from the University of Southern California.
Lastly, Andres Meave and Victor Alia have joined Dedeaux Properties as analyst and development manager, respectively. Meave earned a BS in Business Administration with an emphasis in Finance, Real Estate, and Law from California State Polytechnic University, Pomona where he was president of The Real Estate Association of Cal Poly Pomona. Meave joined Dedeaux Properties in January of 2022 and currently leads the effort in underwriting new deal flow at Dedeaux Properties. Alia is joining the team, bringing over 10 years of real estate and development experience, from project management to sales and acquisitions.
Dedeaux Properties has grown exponentially since its conception, both in deal volume and team size, and continues to be one of the most active players in logistics-oriented facilities in Southern California. The mission of the company remains consistent: create property value for the aligned benefit of the community, investors, partners, shareholders, tenants, and team members.
Learn more at dedeauxproperties.com.
