Newswire

Wharton Industrial Hires 2 Acquisition Professionals

Scott Guo

Wharton Industrial, a platform company of real estate investment firm Wharton Equity Partners, has hired Scott X. Guo as senior vice president and head of acquisitions and Nick Aileo as associate. Guo will lead all origination and underwriting activity for Wharton Industrial, while Aileo will support sourcing, underwriting and execution of all transactions.

Both will report directly to Peter C. Lewis, president of Wharton Industrial, and will continue to grow the company’s portfolio of last-mile and big-box distribution centers across the Northeast, Florida and the Southeast.

“As the rise of e-commerce and other shifts in consumer behavior continue to fuel rapid growth in the industrial sector, it is more important than ever to have skilled acquisition and leasing professionals like Scott and Nick here at Wharton,” said Lewis. “Their combined expertise will be critical as we expand our industrial platform and create vital last-mile distribution centers, cold storage facilities and other first-class properties in our target markets. We are extremely thankful to have both of them on board as we continue to fulfill our vision to shape the next phase of this rapidly evolving market.””

Guo previously worked at Exeter Property Group, where he spearheaded acquisitions and leasing for Exeter’s portfolio of over 24 million square feet of industrial and office assets across New Jersey, New York, Connecticut and Massachusetts. While at Exeter, he helped to acquire and develop 3.4 million square feet of big box, last-mile, infill, and flex industrial product and stabilized Exeter’s northern Northeast value-add portfolio totaling 3.8 million square feet by raising portfolio occupancy from 78% percent to 94%.

Guo is a veteran of the U.S. Army. He holds an MBA with a concentration in finance and real estate from Cornell University, as well as a Bachelor’s degree in international relations and history from Boston University.

Aileo was formerly a senior analyst with Saxum Real Estate, where he underwrote acquisition and ground-up development opportunities valued at over $2 billion to date. He had a particular focus on cold storage industrial, office and multifamily/mixed-use, along with select retail, student housing, and hotel deals, including nearly $450 million of current development projects. Prior to Exeter, Aileo was a financial analyst with Avison Young. He received his bachelor’s degree in business administration, with a focus on real estate and finance, from Villanova University.

Guo will be based in Philadelphia, one of Wharton’s most active target markets, while Aileo will work out of the New York office to focus on Wharton’s northern New Jersey, Long Island and Connecticut pipeline.

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