Logistics Property Company
Jim serves as Chief Executive Officer (CEO) at Logistics Property Company, LLC (LPC) where he is responsible for the overall strategic direction, planning and performance across North America.
Jim has 43 years of experience in all aspects of commercial real estate including leasing, management, acquisition, development, construction, financing, and disposition. Over the course of his career, Jim has been involved in office, retail, multi-family and industrial development throughout North America. Since 1995 he has completed several billion dollars of development projects.
Jim began his real estate career as a commercial real estate lender and then worked for a regional general contractor for nine years. Moving to Chicago in 1986, Jim joined the Shearson Lehman Brother’s Balcor Company as a portfolio manager ($9.0 billion in NAV). Following Balcor, he worked for the Prime Group until he formed Ridge in 1995. In 2003, Ridge formed several REITs with Prudential Real Estate Company. Selling the assets of the Pru Ridge REITs in 2014, Ridge formed Ridge Development Company, LLC (Ridge).
In 2018, Martell and several former Ridge Executives formed LPC with MIRA Real Estate – part of Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers.