By Joshua Burd
Duke Realty Corp. has made another addition to its New Jersey team with the hiring of an assistant vice president of acquisitions.
Seth Hall, who brings more than eight years of commercial real estate and financial experience, joins the company from LRC Properties. He will now look to help Duke Realty’s ongoing growth in New Jersey, which remains a key market for the real estate investment trust.
“Duke Realty continues to invest heavily in the growth of our Northeast region, especially in opportunities in our New Jersey market,” said Art Makris, senior vice president of Duke Realty’s Northeast region. “Acquisitions are an important part of our coastal Tier 1 growth strategy and Seth’s expertise will help us expand our best-in-class portfolio.”
With LRC Properties, Hall served as vice president of acquisitions for various southeastern markets and was responsible for sourcing, underwriting, evaluating and executing on strategic real estate investments, according to a news release. Prior to that, he was a director of capital markets for debt and structured finance at Newmark in New York City.
Hall earned financial experience at Mesa West Capital, a Morgan Stanley subsidiary, and Wells Fargo Bank’s commercial real estate division, where he managed loan commitments in excess of $400 million, the news release said. He holds a degree in real estate development from the University of Southern California and is a 2018 recipient of Commercial Observer’s Top Young Professional honor in the debt and equity category.
Additionally, Hall is a member of the Urban Land Institute’s Young Leaders Group.
“New Jersey’s distribution infrastructure and local population make it one of the most desirable logistics markets in the world. We are excited that Seth joined us to expedite our growth in this key market,” said Mark Crawford, vice president and head of acquisitions at Duke Realty. “We continue to be focused on acquiring industrial assets near the Turnpike throughout New Jersey.”