February 9, 2017
Los Angeles-based industrial powerhouse Heger Industrial has merged with Kidder Mathews. Industry leader and Heger CEO and President Robert Thornburgh will join the Kidder Mathews’ executive leadership team.
The new company, which retains the Kidder Mathews brand and operating structure, now manages a West Coast portfolio totaling more than 45 million square feet. Heger Industrial, which managed one of the largest independent, industrial portfolios in SoCal, had 35 CRE professionals and staff, and maintained offices in Long Beach, Commerce, CA, and Phoenix.
Kidder Mathews’ Jeff Lyon said, “Heger is an elite firm, which was similarly looking for a like-minded partner to strategically expand their platform, and it soon became evident that this merger was highly accretive for both sides. Our cultures, vision, and approach dovetail perfectly.”
The addition is part of Kidder Mathews’ West Coast expansion strategy, which has, in the past two years, led to 20 offices, and more than 650 professionals.
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