04 Aug IDI Logistics Welcomes New Northeast Market Officer
Justin Burns brings eight years of investment and asset management experience.
(ATLANTA, GA – August 3, 2021) – IDI Logistics, a leading developer and manager of logistics real estate, today announced Justin Burns has been appointed Market Officer for the company’s Northeast portfolio.
Based in New Jersey, Burns will be responsible for acquiring industrial land sites, developing best-in-class logistics facilities and all leasing and asset management across the Northeast. This region includes the markets of New York, New Jersey, Pennsylvania, and Baltimore-Washington corridor.
“The Northeast logistics markets are some of the strongest in the U.S. in terms of rent growth and user demand,” said Mark Saturno, CEO of IDI Logistics. “Justin’s market expertise will help IDI expand our presence in these important logistics hubs.”
“We are excited for Justin to join our growing team,” said Matt Breaux, Senior Vice President and East Region Director for IDI Logistics. “His broker relationships and industrial knowledge will help us continue to grow the IDI platform throughout the Northeast region.”
Breaux himself joined IDI earlier this year to oversee the eastern US markets for IDI Logistics. The addition of Breaux and Burns reflects IDI’s commitment to growing its presence in the east coast markets.
Prior to IDI Logistics, Burns served as Vice President of Acquisitions at Penwood Real Estate Investment Management, and as Acquisitions Officer at Exeter Property Group. Over his career, Burns has transacted approximately $1.5 billon of industrial, office, and land investments. He holds a Bachelor of Science degree in Business Management from the Quinnipiac University School of Business.
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IDI Logistics is a leading developer and manager of logistics real estate in the U.S. The fully-integrated logistics platform has a long track record of speculative development, build-to-suits and value-add acquisitions. Since 1989, IDI Logistics has developed more than 100 world-class business parks and 750 warehouses totaling over 200 million sf throughout North America.
For more information, please visit our website at www.idilogistics.com.