Former Terreno Executive to Focus on Industrial Acquisition Opportunities along West Coast.
Lift Partners, a value-add real estate operating company headquartered in San Francisco, has added industrial veteran Michael Murray as a new Partner to its platform. Murray a veteran real estate executive with vast institutional experience acquiring, repositioning, leasing and selling industrial product is leaving Terreno Realty Corporation.
During his tenure at Terreno, Murray purchased over $500 million of industrial real estate and managed a portfolio of 4.4M square feet. Terreno is a publicly traded REIT focused on infill industrial investment. Mike most recently covered the Bay Area and New Jersey markets for Terreno and previously covered the Los Angeles and Seattle metros. Prior to joining Terreno in 2011, Mike worked in both the real estate debt syndications and distressed assets division at Wells Fargo. Murray studied Economics while at Princeton where he was captain of the water polo team and enjoys watching the Warriors and hiking with his wife Sarah.
“Patrick and I decided we were tired of competing with Murray for the best off-market deals,” said Managing Partner Chris Freise. “He brings tremendous energy, industrial knowledge and deep brokerage relationships. Lucky to have him as a partner.”
About Lift Partners
Founded in January 2015, Lift Partners is a full-service real estate investment company focused on the adaptive re-use and repositioning of commercial properties. Lift concentrates primarily on value-add, infill opportunities and opportunistic development along the West Coast. Our expertise is bringing the necessary skills through brokerage relationships, construction and market knowledge and thoughtful execution to create value for our investors. We apply our approach to office, industrial and mixed-use properties often times with challenging structural, environmental or historic designation hurdles to overcome. Take the best of the old and refresh new. Lift's portfolio to date has included over 200M+ in gross investment, $50M+ of construction projects and 1M+ square feet of assets in Bay Area, Seattle & Southern California.