Movers and Shakers Week Ending 11.11.22
Todd Witty Appointed Colorado Chapter President of Society of Industrial and Office Realtors®
Todd Witty, SIOR, a senior vice president at CBRE, was recently elected as the Colorado chapter president of the Society of Industrial and Office REALTORS® (SIOR) for 2023. In this position, Mr. Witty will oversee and represent the interests of the chapter to the Board of Directors. The induction took place during the Fall World Conference in Dallas, Texas, in late October.
Mr. Witty specializes in representing industrial property owners and developers to acquire and lease industrial real estate in the Denver market. Additionally, he helps local and national firms navigate through their most complex real estate challenges. With 20 years of experience in industrial real estate, he has represented several significant national and local landlords and developers. Mr. Witty currently lists over 10 million sq. ft. of Denver industrial properties.
An SIOR member since 2019, Mr. Witty has served SIOR in various leadership positions, including vice president and treasurer.
“SIOR is the leading professional office and industrial real estate association. The members guide the commercial real estate community in the latest best practices and ethical standards with a focus on philanthropy. I’m proud to lead the organization’s efforts in Colorado, one of the nation’s most dynamic markets and a region seeing persistent industrial market strength and growth,” said Mr. Witty.
Mr. Witty has received numerous awards, including being recognized for multiple years among DMCAR’s Heavy Hitters. He is a graduate of Texas A&M University.
Also elected for 2023 SIOR leadership roles were Aaron Valdez, as vice president; Dominic Diorio, as secretary; and Tyler Smith, as treasurer.
Viking Partners Names Jordan Meehan as New Acquisitions Manager in Denver
Jordan Meehan has joined Viking Partners as an acquisitions manager in the private equity real estate investment firm’s Western U.S. office in Denver. Meehan is the firm’s first acquisitions-focused hire in the West office, demonstrating Viking’s commitment to growth in the region.
Cincinnati-based Viking Partners, which manages a series of funds on behalf of high net-worth individuals and family offices, established the Denver office in 2021 under the direction of Managing Director Scott Blanding. With Meehan now leading the acquisitions effort, Blanding will focus primarily on managing the firm’s regional portfolio which currently totals more than 700,000 square feet of office space and 53 acres of land, including an ownership interest in ParkDIA, the Denver International Airport’s closest near-airport parking lot. Viking targets office/flex, multifamily, mixed-use, industrial, hotel and retail properties, as well as sub-performing or non-performing loans secured by those assets. The private equity firm is currently investing through its fifth value add fund.
“Jordan is a very important addition to our team as we seek to maximize investment opportunities in the Mountain West region. The region continues to exhibit impressive real estate fundamentals even as they face economic headwinds,” said Blanding. “His skills and experience will be critical to advancing our goal of significantly growing our regional portfolio.”
Meehan joins Viking Partners from Baceline Group, a Denver-based investor and manager of neighborhood shopping centers. As a senior acquisitions associate, he was responsible for all acquisitions east of the Mississippi River. Prior to his more than five years at Baceline, Meehan served as purchasing manager at HM Capital Group, a real estate development firm focused on both commercial and residential projects.
“Viking’s investment diversity was very appealing to me,” added Meehan. “My mission is to identify and close on well-located, undervalued properties across all asset classes. Primarily in Colorado, Utah, Arizona, Nevada and other Mountain West markets. These properties are then managed by a very talented team led by Scott who will maximize value through hands-on leasing, management and redevelopment,” he said.
Meehan graduated from the University of Denver with a Bachelor of Science in Business Administration, majoring in Finance and minoring in Accounting. He is scheduled to complete his MBA at the University of Colorado in May 2023.