Comunale Hires Industrial Acquisitions Team to Pursue Regional Market Growth

Clint Jenkins, Charlie Wigdale will target opportunities in competitive Southwest and Mountain West markets

DENVER, Colorado – Positioning for growth in the highly competitive Southwest and Mountain West industrial markets, Denver-based Comunale Properties has expanded its dedicated investments team, focused on pursuing acquisition and development opportunities primarily in Colorado, Arizona, Texas and Utah.

Industry veteran Clint Jenkins will head the team as Senior Vice President of Investments, responsible for the oversight of all company acquisitions and the asset management of Comunale’s portfolio of approximately 2 million-square-feet of industrial space in five states.

Charlie Wigdale joins Comunale as Senior Associate, responsible for underwriting acquisitions, evaluating development opportunities and conducting asset management.

“Clint and Charlie bring great talent to Comunale at a time when we are actively growing the size, complexity and geography of our industrial presence,” said John Comunale, President of Comunale Properties. “Their understanding of institutional-level investment pairs seamlessly with ours, and will add a level of support that ensures we’re selecting and executing on the best locations and the best projects for long-term investment.”

Jenkins joins Comunale following almost 14 years at American National Insurance, where he most recently served as Assistant Vice President of Real Estate Investments. At American National, Jenkins was directly involved in the execution of nearly $800 million of debt and equity transactions and served as asset manager for more than 2.5 million-square-feet of real estate. Prior to American National, he served as an Off-Site Construction Manager for Lennar Homes and an active-duty officer in the United States Air Force.

Wigdale joins Comunale from industrial-focused investment banking firm SLATE Partners, where he was responsible for financial analysis and valuation, industry research, due diligence, buyer outreach, and the preparation of investment marketing materials. He has also worked within Connor Group’s M&A advisory practice and Deloitte’s Strategy and Operations consulting group.

Jenkins holds a bachelor’s degree in Management from the United States Air Force Academy and an MBA from the University of Houston. Wigdale holds a bachelor’s degree in Finance from Wake Forest University.

Comunale’s expansion includes growth in its home state of Colorado, as well as Arizona, Texas and Utah. The company recently broke ground on two Class A industrial projects, Mulberry Connection, a 192,000-square-foot industrial park in Fort Collins, Colorado, and Chandler Connection, a 201,000-square-foot industrial building marking its entry into the Arizona market. Comunale currently has seven projects in development or under contract.