Open Industrial is an investment company focused on acquiring industrial outdoor storage (“IOS”) properties, a niche subset of industrial properties, which play a mission-critical role in servicing the larger industrial sector.
Our Vision
Opportunity
IOS demand is driven by the need for industrial services including e-commerce and last-mile logistics, strong demand for warehouse space, and the reshoring of manufacturing operations.
Execution
Combining years of experience, a proprietary technology platform, and systematic zoning & environmental risk analysis, Open Industrial has streamlined its approach to off-market deal flow and due diligence.
Strategy
Open Industrial seeks to build a portfolio of high-quality IOS properties throughout the nation by identifying specific site criteria through a technology-driven approach, and teaming with mission critical businesses that support large regional economies.
Team Members
Michael Rabin
Chief Executive OfficerMichael jointly leads Open Industrial with 18+ years of experience in real estate acquisitions, dispositions, financing, leasing, and asset/property management. He has worked on over $1.5 billion of direct property acquisitions/dispositions, REO/note acquisitions and JV equity transactions.
Blake Potolicchio
Co-Chief Investment OfficerMore than a dozen years of experience in real estate acquisitions, dispositions, financing, asset management, and leasing. Prior to Open Industrial Blake spent 13 years spearheading a local private equity real estate fund’s strategic direction focused on acquisitions, entitlement, leasing and asset management.
Jared Okun
Co-Chief Investment OfficerJared Okun brings over 17 years of experience in real estate acquisitions, dispositions, financing, asset management, and leasing. Jared’s career has centered on acquisitions and raising non-institutional capital for commercial real estate transactions, in addition to brokering third party deals.
Guggan Datta
Chief Operating OfficerSeasoned technology executive and entrepreneur with 20+ years of operational experience growing businesses. Prior to investing in real estate, Guggan founded and sold a legal technology business. After assembling a portfolio of retail assets, he then built a software platform to aggregate forward-looking investment and development data across the nation's largest MSA's.
Peter Shkreli
Chief Development OfficerOver twenty years of construction project management experience in $500M+ of large-scale mixed-use, office and residential assets. As Director of Construction for a DC based real estate fund, Peter managed entitlement, development and construction of ground up and existing, income producing properties.
Dan Berger
Director, DevelopmentDevelopment and construction professional with over 15 years of experience in the land development and civil construction industries. Throughout the course of his career, Dan has overseen the delivery of 600+ lots for both public and private homebuilders and managed large-scale infrastructure projects for a leading regional civil contractor.
Michael H. Hutton
Director, Asset ManagementCommercial real estate professional with a multidisciplinary background, concentrating on industrial and retail asset classes. With over a decade of experience, Michael held asset management, capital markets, and development positions with family office, private equity, consulting, and publicly traded organizations.
Steve Porter
ControllerMulti-faceted real estate professional with a career-long record of financial management and investment sourcing success for leading organizations. Over the last 15 years Stephen has held both front-of-house and back-of house positions in private equity, family shops, and brokerage; leveraging his experience in accounting, finance, and sales to better teams.
Matt Potolicchio
Senior Manager, AcquisitionsMatt focuses on Acquisitions and Asset Management for Open Industrial. His primary responsibilities include underwriting, leading due diligence, and coordinating financing efforts. Prior to Open Industrial, Matt worked as an Acquisitions Analyst, supporting $750M+ of property acquisitions for a prominent owner/developer.
Chad Pitts
Senior AnalystChad supports underwriting, due diligence, and financing efforts for Open Industrial. Prior to Open Industrial, he worked in Senior Analyst roles for several publicly traded real estate companies in the DC Metro area. Chad holds a M.S. in Real Estate Development from the University of Maryland.
Alex Wolff
AssociateAlex focuses on sourcing off-market opportunities for Open Industrial. Prior, he was an Acquisition Manager at Ryan Stuart Development and VP at Congressional Commercial working on retail investment sales and leasing. Alex holds a B.S. in Business Management from Champlain College.
Elmo Alexander
AssociateElmo joined the Open Industrial team to expand its efforts in acquiring off-market properties throughout its target markets. Prior to this role, he began his real estate career in acquisitions for a group of investors in Raleigh, NC. Elmo is a graduate of the University of Virginia where he studied Computer Engineering.
Sam Ashe
AssociateSam joined Open Industrial's acquisitions team to expand the portfolio through outbound acquisitions. Prior to this role, he began his real estate career on an industrial team at a leading commercial real estate brokerage firm. Sam is a graduate of the Florida State University where he studied Finance.