Reflects growing industrial footprint for global commercial real estate investor, developer
PHOENIX, Arizona (September 23, 2024) – Underscoring its growing industrial portfolio in the Southwest, Greystar, a global leader in the investment, development, and management of institutional-quality commercial real estate, has promoted Wil Hogue to Director – Industrial Development.
In his role, Hogue directs Class A Greystar industrial projects from site selection and construction through lease-up. Since joining the company in 2021, Hogue has facilitated $148 million in debt and equity raises, transacted over 180 acres of raw land, and completed due diligence for more than 85 potential projects.
He currently manages Greystar’s 2.4 million-square-foot industrial development pipeline, valued at over $385 million. This includes the 2.1 million-square-foot Gateway Grand Class A industrial development in Mesa, Arizona, and the 411,918-square-foot Caliber at Peoria Place Class A industrial development in Peoria, along with the pursuance of future opportunities.
Prior to Greystar, Hogue was Area Manager for Valley Income Properties and Founder and Principal of Sonata, a real estate consulting firm that assisted with the inception of Greystar’s Logistics Platform.
“Wil has been a valued member of our team from the start,” said Billy Cundiff, Managing Director of Development for Greystar Development and Construction Services. “His work ethic, market expertise, and collaborative approach are a cornerstone of our industrial growth. We’re very pleased to support his continued success at Greystar.”
Hogue holds a bachelor’s degree in Business and Entrepreneurship from South Dakota State University and a master’s degree in Real Estate Development from Arizona State University. He serves as the President of ASU’s Master of Real Estate Development (MRED) Alumni Association and is a member of Urban Land Institute’s Partnership Forum.