Irvine, CA (March 7, 2023) — Looking to grow its industrial portfolio, Bendetti has named real estate industry veteran Jon Moyer to its newly created role of Director of Acquisitions. In this capacity, Moyer will generate and evaluate investment opportunities on behalf of the Southern California industrial real estate firm.
“Timing is right to start seeking investment opportunities given the current dislocation in the market. We are ready to continue growing our platform and Jon is the right choice to join our senior leadership team to make that happen. Jon brings incredible depth of experience across markets and property sectors which will benefit our business plan,” said Aaron Weaver, President of Bendetti. Weaver added that the firm’s immediate investment focus will be on core-plus, value-add, and opportunistic industrial properties with deal sizes ranging from $8 million to $100+ million.
Prior to joining Bendetti, Moyer was Vice President of Acquisitions for CREDE where he led land acquisitions and due diligence for industrial and multifamily real estate developments in Arizona, Hawaii, Nevada, Texas, and Utah. During that time, he negotiated $125 million of land acquisitions across targeted markets with capitalization of the projects totaling more than $530 million. Moyer’s extensive experience also includes posts in acquisitions with Alexander & Baldwin in Honolulu, and Arden Realty in Los Angeles. Together with his teams, Moyer has sourced and held a leading role in more than $1.5 billion of real estate acquisitions across the continental United States and Hawaii. Moyer holds a bachelor’s degree from California State University, Long Beach, and a master’s degree from the Robert H. Smith School of Business at University of Maryland.
“I am honored to join the Bendetti team. They bring decades of experience along with an outstanding track record and operating platform in some of the nation’s highest performing industrial markets. We can now leverage our joint experience to seek out the best assets that will benefit from our team’s proven development, acquisition, and management capabilities, especially as we look to enter additional primary and secondary markets,” said Moyer.
Founded in 1964, Bendetti, based in Irvine, brings more than 50 years of industrial knowledge to its work. The firm’s four million-square-foot portfolio currently spans CA, CO, NV, TX, and UT. The firm focuses on acquiring industrial real estate throughout the United States and provides “best-in-class” asset and property management services for its institutional and private equity investors.
