Sitex Group has named Ed Lerum, formerly head of global logistics real estate at Norges Bank Investment Management (NBIM), as managing director to lead the national expansion of its institutional investment management platform.
“Having worked with and evaluated industrial real estate operators globally, I’ve seen firsthand what distinguishes the strongest investment platforms,” said Lerum. “Sitex is among the most impressive firms I’ve encountered, with an exceptional ability to recognize value and leverage deep industry relationships. I see tremendous potential to create something significant on a national scale.”
Working alongside Brian Milberg (CEO), Blake Chroman and Zach McHugh (co-heads of investments), and Paul Cassano (CFO), Lerum will spearhead the national expansion of Sitex’s investment platform, developing new institutional investment strategies and capital partnerships designed to capitalize on opportunities across major U.S. industrial marke
