BBX Capital Real Estate has launched BBX Industrial, a division to focus on identifying infill speculative and industrial build to suit opportunities in the state of Florida and opportunistically in other key logistics markets.
The new division will be led by Mark G. Levy, who will serve as its president and is a seasoned veteran of the commercial real estate industry with more than 28 years of experience in senior executive leadership positions with a diverse array of public and private real estate companies. He has been involved in the development, acquisition, and asset management of over $1B of industrial real estate in key U.S. logistics markets.
“We are pleased to welcome Mark to our organization,” commented Seth M. Wise, President of BBX Capital Real Estate. “Mark’s wealth of industrial real estate knowledge, market expertise and strong track record will add tremendous value as we continue to grow BBX Capital Real Estate and continue to expand our real estate platform.”
Levy was most recently executive vice president of industrial acquisitions for Hilco Redevelopment Partners, where he was responsible for the expansion of Hilco’s real estate development, acquisition, investment and capital structuring activities nationwide. Prior to that, he served in various senior leadership roles for Opus South Corporation, Duke Realty, Prologis and JLL.
BBX Capital Real Estate, a division of BBX Capital, Inc., is engaged in the acquisition, development, construction, ownership, financing and management of real estate and investments in real estate joint ventures, including investments in multifamily rental apartment communities, single-family master-planned for sale housing communities and commercial properties located primarily in Florida.
