D. Reid Townsend has 20 years of experience in commercial real estate development and investment. He co-founded MRP Industrial in 2013 and has primary responsibility for the sourcing, design, construction, leasing and overall financial performance of the company’s portfolio. In his career, Reid has managed the development of over 12 Million square feet of commercial real estate with a stabilized value of nearly $1.5 Billion.

Prior to MRP Industrial, Reid founded the Maryland/Pennsylvania office as a Partner at Panattoni Development Company. During his five years at Panattoni, he grew the local operation into the most profitable business unit within the company, establishing a pipeline of over 4.5 Million square feet with a stabilized value in excess of $350 Million. Prior to joining Panattoni, Reid worked with the founding partners of MRP Realty at Trammell Crow Company in Washington DC. During his eight years there, Reid served the firm’s institutional capital partners on a wide variety of office, industrial and health care projects. He began his career as a Project Manager with The Whiting-Turner Contracting Company in Baltimore.

Reid received his B.S. in Civil Engineering from Clemson University and MBA from the University of Virginia’s Darden School of Business.

James J. Mazzarelli, Jr. is senior vice president and regional director, responsible for Liberty's Eastern portfolio (48+ MSF) and has overseen the development of more than 12 MSF of industrial, flex and office buildings during his 28 years with Liberty. Mr. Mazzarelli joined Liberty's predecessor, Rouse & Associates, in 1987 as a leasing representative. Prior to joining Rouse & Associates, he served as a civil engineer and project manager for Taylor, Wiseman and Taylor Consulting Engineers and as an environmental engineer for General Development Corporation in Miami, FL. He holds a Bachelor of Science degree in Environmental Engineering Technology from the Florida Institute of Technology, Melbourne, FL, a professional engineering license from the Commonwealth of PA, and real estate licenses in Pennsylvania and New Jersey. Mr. Mazzarelli has been lecturing on development at The Wharton School, University of Pennsylvania for 24 years.

As a Senior Vice President for DCT Industrial Trust, Tom Meehan oversees the development, acquisition and leasing activities for the Pennsylvania and Baltimore/Washington D.C. markets.

Mr. Meehan brings more than 15 years of multi-market experience in industrial real estate to DCT Industrial. Before joining DCT Industrial, Mr. Meehan served as Vice President–Senior Asset Manager for Cornerstone Real Estate Funds, where he was responsible for the company’s property operations in the Eastern U.S. region. Mr. Meehan’s responsibilities included negotiating leases, overseeing third-party leasing agents and property managers, underwriting, and due diligence Prior to Cornerstone, Mr. Meehan served as Vice President-Regional Financial manager for Prologis in its regional Chicago office. His duties included lease reviews, budgeting and forecasting, internal reporting, property tax reviews, and various portfolio analyses.

Mr. Meehan received his B.S. in Finance from the University of Illinois, Chicago.

Tom Dalfo is Sr. Vice President, Real Estate Services of PIDC, a joint venture between the City of Philadelphia and the Greater Philadelphia Chamber of Commerce to promote economic development. He is responsible for the sale, management and acquisition of Philadelphia’s publicly-owned industrial land. From 1999-2002, Tom was part of a PIDC team focused on the acquisition and redevelopment of former military facilities closed as part of the Base Realignment and Closure Acts, most notably the former Philadelphia Navy Yard. Since 2003, Tom has managed the sale and acquisition of more than 1,200 acres of land in Philadelphia through 150+ transactions. In June 2014, Tom helped to orchestrate a complex series of real estate transactions involving the State, the City, privately-owned property, and PIDC real estate holdings that allowed Dietz & Watson, Inc., a leading national purveyor of specialty meats and cheeses, to double their footprint in Philadelphia. These transactions retained 750 industrial positions in the city, attracted 150 new jobs, and will set the stage for the company’s continued investment and expansion. Tom’s team at PIDC has been at the heart of Philadelphia’s renewed research and planning of the city’s industrial sector. Over the past 4 years, Tom’s group has managed the Manufacturing Growth Strategy for Philadelphia (December 2013), The Lower Schuylkill Master Plan (May 2013), and the Industrial Land & Market Strategy for the City of Philadelphia (September 2010). In addition, Tom provided guidance to the Philadelphia Zoning Code Commission on the industrial zoning classifications prior to the adoption of the City’s comprehensive overhaul of its Zoning Code in 2012. PIDC’s Real Estate Services Group continues to provide support to the Philadelphia City Planning Commission as it implements the new zoning code through its district planning process. Prior to joining PIDC, Tom was the Director of Economic Development for the Philadelphia Water Department. In the mid-‘90s, he was with the Cooper’s Ferry Development Association, a private, non-profit organization responsible for planning and implementing the Camden, NJ waterfront master plan. Tom completed his undergraduate studies at La Salle University and has a master’s degree from the University of Pennsylvania’s Fels Center of Government. Tom and his wife, Ginny, reside in the Roxborough neighborhood of Philadelphia with their three sons.

With more than 28 years of real estate leadership focusing on commercial investments for public and private companies, John Hanlon brings a depth of expertise in acquisition, development and asset management to his role at First Industrial Realty Trust.

As Senior Investment/Development Officer, Mr. Hanlon leads First Industrial’s investment strategy and initiatives across the NE region. He leverages extensive market knowledge and experience to originate new opportunities in the region that benefit our investors and provide real estate solutions for customers.

Most recently, Mr. Hanlon served as principal for the Hayden Maguire Real Estate Fund and senior acquisitions officer for Hayden Real Estate Investments, where he led the acquisition and development activities for the firm.

Earlier, Mr. Hanlon worked in a senior capacity with several leading real estate firms. He was Managing Director at Cornerstone Real Estate Funds, where he led and managed all aspects of U.S. real estate investments and operations. Previously, he was First Vice President and Market Officer at Prologis, where he conducted all development and acquisition capital deployment, and oversaw the New Jersey and Pennsylvania portfolios and regional operations for the REIT.

Mr. Hanlon received his MBA in Finance from the NYU Stern School of Business and his bachelor's degree in Economics from Virginia Tech.

Michael is an Executive Vice President with the Capital Markets | Institutional Properties team in Philadelphia, Pennsylvania. He has over 30 years experience in commercial real estate specializing in the sale of Industrial properties for institutional clients, real estate developers, as well as advisory services for corporate real estate clients.

Michael has consistently been a top producer in investment sales, representing some of the country’s largest corporations, pension fund advisors, banks, developers and REITs. In 2015, Michael (and team) sold 31 Industrial properties, 45.5 million square feet representing $3.7 billion in total value. Over the past 5 years, Michael has sold in excess of 500 million square feet of Industrial, primarily in NJ, PA, DE and MD.

Michael is also a founding member of CBRE National Partners, a partnership that delivers superior strategy and execution over the industrial property life cycle. Located in the five key logistics hubs, the 65 investment sales and support professionals connect local market insight to a national capital markets perspective. Enhanced by a fully integrated debt platform, the National Partners team is able to achieve remarkable results for their national, regional and local clients. In 2015, the team successfully completed 295 transactions totaling 327 million square feet with an aggregate value of $23.3 billion. Please visit our web site at www.cbre.com/np.

Prior to joining CBRE in 2004, Michael was a Senior Director at Cushman & Wakefield for 18 years and was a member of their Executive Board.

ACHIEVEMENTS:

CBRE, Colbert Coldwell Circle 2004 - 2007, 2013, 2014 (Top 200 Producers Worldwide);

Recipient of the “Gary J. Beban Teamwork Award” – 2011;

Top 10 Producer, Philadelphia Region | 2005-2008, 2010 - 2015;

CBRE #1 Producer Philadelphia Region 2008, 2011, 2013, 2014, 2015;

Deal of the Year, Philadelphia Business Journal - Numerous Times Since 1996.

As Regional Senior Vice President of Duke Realty's Northeast Region, Jeff is responsible for leading

and directing the leasing, property management and marketing of its growing industrial portfolios in

Pennsylvania, New Jersey, Baltimore and Washington, DC, as well as new development opportunities,

land and building acquisitions, and dispositions.

Jeff joined Duke Realty in 1995 as a Senior Leasing Representative in its Columbus office and was

promoted to Vice President, Industrial Leasing in 1999. In 2006, Jeff was named Senior Vice President

of the company's Nashville, Tennessee operations and, in December 2013, was promoted to his

current role.

During his tenure, Jeff has completed more than 30 million square feet of industrial development and

acquisitions in Ohio, Tennessee, Pennsylvania, New Jersey, Texas, Wisconsin, Virginia and Maryland.

EDUCATION

• Bachelor’s degree, Business Administration in Finance, University of Cincinnati

PROFESSIONAL AFFILIATIONS

• Past President/Board member, Nashville Chapter of NAIOP

• Leadership Middle Tennessee

COMMUNITY INVOLVEMENT

• Habitat for Humanity

• Ronald McDonald House

• Toys for Tots

• Second Harvest Food Bank

• United Way

Mr. Cohen has worked in investment real estate since 1997. Since co-founding Endurance Real Estate Group in 2002, Mr. Cohen has spent the majority of his time sourcing new acquisition opportu­nities ($300MM plus since inception), as well as establishing and maintain­ing new relationships with Endurance’s various capital partners and lenders. Mr. Cohen is also an integral part of the asset management team providing leas­ing, financial and marketing oversight for Endurance’s portfolio. Prior to co-found­ing Endurance Mr. Cohen most recently worked for RFR Holdings, a major pri­vately owned development firm based in New York City whose portfolio consisted of over 6 million square feet of Manhat­tan office space. While at RFR, Mr. Cohen worked on Acquisitions and Asset Man­agement, including leasing, recapitaliza­tion and disposition analysis.

Prior to RFR, Mr. Cohen spent two years working at Fortis Advisers in Acquisitions and Asset Management with Mr. White. Mr. Cohen worked on the underwriting of development and acquisition deals for joint venture equity financing. Prior to working at Fortis, Mr. Cohen spent two years at Ernst & Young Kenneth Lev­enthal Real Estate Group working as a senior auditor for major development clients such as Tishman Speyer and SL Green Realty.

Mr. Cohen received his Masters of Sci­ence in Real Estate Development from New York University and his B.S in Ac­counting from Tulane University. He is a Certified Public Accountant.

Eugene Preston is a Partner of Dermody Properties based in Chatham, NJ. He is responsible for all land and building acquisitions,

build-to-suit projects, development activities, and asset management in the Eastern United States. Previously, Mr. Preston was

Managing

Principal at Woodmont Industrial Partners, LLC responsible for the company’s acquisitions and operations. Prior to forming Woodmont

Industrial Partners he was Senior Vice President at Prologis where he directed development and acquisition activities the company’s

Northeastern Region which included New Jersey, Pennsylvania, Maryland and Virginia. Mr. Preston has also held senior management

positions at Higgins Development Partners and Rockefeller Group Development Corporation. Collectively, Mr. Preston has developed or

acquired over 14.5 million square feet of industrial space.

Mr. Preston is a long time Trustee of the New Jersey Chapter of NAIOP and currently serves as the chapter’s Vice President of Public

Affairs. He is a member of NAIOP’s Industrial Development V National Forum. He is New Jersey Licensed Real Estate Salesman and is

a member of SIOR and it’s New Jersey Chapter. Mr. Preston is a long-term supporter of the Boy Scouts of America and currently serves

as the Charter Organization Representative for Troop 1 in Mendham, NJ.

Mr. Preston holds a MBA in Finance from New York University and a B. S. in Accounting from West Virginia University.

Bringing nearly 30 years of commercial real estate management experience to the role of Executive Vice President, Peter Schultz is focused on creating sophisticated industrial real estate solutions for customers in the Eastern U.S.

As Executive Vice President - East Region for First Industrial Realty Trust, Mr. Schultz manages the region's portfolio and team of experts, and is responsible for proper execution of all leasing, development, acquisition and disposition activities along the East Coast. He also is a member of the Company's management committee, which drives the overall strategy of the Company.

Prior to his current role, Mr. Schultz has served in several management positions with First Industrial. Most recently as Managing Director - East Region, Mr. Schultz directed new business efforts in the East Coast markets by providing customized supply chain solutions to customers.

He has also led the Company's leasing team and ensured the delivery of industry leading service to customers across the Eastern U.S. as First Industrial's Vice President - Leasing for the East Region. Earlier, Mr. Schultz was Senior Regional Director for First Industrial's Philadelphia office, responsible for growing the Company's platform across that multi-market region. Mr. Schultz joined First Industrial in 1998 upon the acquisition of PBS Properties, Inc.'s portfolio, where he served as President and Managing Partner.

Previously, Mr. Schultz was Director of Marketing and Sales for the Pickering Group and Morgantown Properties.

An active member of the National Association of Industrial and Office Properties (NAIOP), Mr. Schultz earned his B.A. in business administration from Gettysburg College.

John Grady serves as President of PIDC where he is responsible for the organization’s efforts to develop and implement collaborative strategies designed to drive economic growth to every corner of Philadelphia. In this role, John leads PIDC’s efforts to strengthen relationships with the public, private and philanthropic sectors to promote business growth, investment and development across the city and throughout its economy. He also directs internal activities around business development, capitalization, impact assessment, and the development and delivery of real estate and financing products that fill project financing gaps for neighborhood and large-scale commercial, industrial and mixed-use developments, deliver capital to growing businesses, and energize the development of the city’s workplaces of the future.

John has more than 25 years of leadership experience in public-private partnerships that drive investment, development and job growth in and around Philadelphia. He joined PIDC in 1998 and has been its President since 2011 after serving in a variety of senior leadership positions, including overseeing PIDC’s city-wide real estate development activity and its acquisition and redevelopment of The Navy Yard. Prior to joining PIDC, John spent 9 years with the Cooper’s Ferry Development Association planning and developing Camden, NJ’s commercial waterfront.

John is a native Philadelphian, born and raised in the City and a graduate from La Salle University with a BA in Economics and the University of Pennsylvania’s MPA program. He is active on a number of Boards across the City, including at La Salle University, Roman Catholic High School’s Board of Advisors, the Philadelphia Convention and Visitor’s Bureau, Drexel University’s Real Estate Council, the Archdiocese of Philadelphia’s Real Estate Advisory Board, the Collegiate Consortium for Workforce and Economic Development and the East Falls Development Corporation. He and his wife live in the city’s East Falls section with their three children.

Ben Conwell leads Cushman & Wakefield’s e-Commerce and Electronic Fulfillment Specialty Practice Group, Industrial Services for the Americas. He is focused on intellectual property development and presenting Cushman & Wakefield’s leading capabilities in e-commerce and direct-to-consumer fulfillment industrial facilities to current and potential clients. The former director of North American real estate for Amazon has deep experience in locating and building electronic fulfillment and e-commerce facilities, having led the largest and fastest expansion of network capacity in that company’s history. While at Amazon, Ben managed a fulfillment network of 90 facilities comprising 60 million square feet and helped deliver 25 million square feet of build-to-suit projects alone. He also has held leadership roles at commercial real estate firms, specializing in capital formation, investment management, asset management and land development.

Blake concentrates his practice on higher education, real estate and municipal law. As

Chair of the Higher Education Group, he coordinates industry-specific projects for

college and university clients. In his real estate practice, he serves as lead counsel for

projects as diverse as health care campuses, regional business headquarters,

multi-municipality planned residential developments, condominiums, ground leases,

industrial reuses and commercial and industrial land developments. He represents

brokers, purchasers and sellers, developers, municipalities, syndicators and lenders in

zoning, regulatory, leasing, historic rehabilitation, land development and subdivision

matters.

As a municipal attorney, he has counseled more than 50 communities statewide, has

served as solicitor for municipalities in three counties, including South Whitehall, a

township of the first class; Lower Macungie and Cromwell, townships of the second

class; Whitehall, a home rule charter community; the Borough of Bath; and the South

Whitehall Township Authority.

As a lecturer and writer, Blake has written, taught and presented on behalf of teaching

organizations such as the Pennsylvania Bar Institute, the College and University

Professional Association for Human Resources (CUPA-HR), the Council of

Independent Colleges, the Pennsylvania Planning Association, the Pennsylvania

Municipal League and the Pennsylvania Society of Land Surveyors. He has authored

land use material for the American Bar Association Journal The Urban Lawyer and the

Pennsylvania Department of Community and Economic Development. His treatise on

road law is used by the Pennsylvania Bar Institute for training purposes at its Municipal

Law Colloquium and Real Estate Institute.