Mac Lee
New York
Summary
Dynamic real estate professional with entrepreneurial DNA and demonstrated ability to source and close transactions across the risk curve in the most difficult to penetrate markets on the East Coast. Deep network of broker, legal, contractor, vendor and investor relationships. Directly responsible for facilitating over $1bn in real estate transactions ($775M in industrial) over the past 10 years. Self-motivated, collaborative, responsive.
Overview
10
10
years of professional experience
Work History
Vice President, Investment Officer
Bridge Logistics Properties
11.2021 - Current
- 7th hire for BLP, recruited from Centerpoint Properties to lead East Coast investments in tandem with one other investment officer.
- Responsible for value-add building and development site sourcing and deal execution in Florida and New York.
- Collaborate with development manager, asset manager in flat organizational structure (BLP East Coast office co-managed by 4 VPs).
- Sourced 25% of BLP's 45 value-add deals closed or under contract to date.
- Sourced BLP's largest land acquisition by total project cost to date.
- Demonstrated ability to manage demanding "start-up culture" environment.
Investment Officer
Centerpoint Properties
05.2021 - 10.2021
- Industrial real estate investment and management platform of CALSTRS. 64.8 MSF portfolio. $1bn/yr deployment mandate in 2021.
- Responsible for core/core-plus building acquisitions in New York City and South Florida.
- Sourced and closed 6 transactions during 6 months of employment ($309M value, 1 transaction per month).
- 65% of acquisitions were sourced off-market or through inefficient, local marketing campaigns.
Market Officer
Seagis Property Group
09.2018 - 04.2021
- Infill, value-add industrial real estate operator founded in 2005 by former KTR executives. 12 MSF portfolio concentrated in NY Metro and South Florida.
- Responsible for sourcing and executing building acquisitions in NYC Outer Boroughs.
- Increased Seagis Outer Boroughs footprint from 80,000 SF to 240,000 SF across 5 acquisitions, all sourced off-market with near-term lease-up risk. Oversaw lease-up of each acquisition, out-performed MLA by average 18%.
Investment Sales Broker
Multiple
11.2014 - 08.2018
- Started full-time brokerage career in Downtown Brooklyn office of Massey Knakal Realty Services, acquired by Cushman & Wakefield in January 2015. Territory-based, property-type-agnostic platform.
- Responsible for sourcing exclusive sale listings in Brooklyn, Queens and Long Island.
- Sourced and closed $235M in sales volume in Brooklyn across primarily multi-family and mixed-use assets.
- Sourced and closed the recapitalization of the largest privately held industrial portfolio on Long Island (Long Island Industrial Portfolio - 3.6M SF, $270M).
Education
Bachelor of Arts - Politics
Bates College
Lewiston, ME05.2014
Skills
- Business Planning
- Market Analysis
- Sourcing/Business Development
- Investment Underwriting
- Due Diligence
- Proposal Writing
- Risk Management
- Communication
- Training and Mentoring
Timeline
Vice President, Investment Officer
Bridge Logistics Properties
11.2021 - Current
Investment Officer
Centerpoint Properties
05.2021 - 10.2021
Market Officer
Seagis Property Group
09.2018 - 04.2021
Investment Sales Broker
Multiple
11.2014 - 08.2018
Bachelor of Arts - Politics
Bates College