Arden Logistics Parks Elevates Barbara Rea, Robert Timmons to President and CIO Roles

The firm is a U.S. industrial player with a portfolio spanning 11 million square feet

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A major industrial player now has new leadership that has been elevated from within. 

Arden Logistics Parks, a vertically integrated investment firm with a portfolio of 11 million square feet of shallow-bay and mid-bay industrial assets across nine U.S. states, announced Tuesday that it has named Barbara Rea as president and chief operating officer and Robert Timmons as chief investment officer, Commercial Observer can first report.  

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Both Rea and Timmons have been with Arden Logistics Parks since the firm launched in 2021. 

Rea previously served exclusively as the firm’s chief operating officer, where she specialized in property management, asset management and fundraising, while Timmons has served as managing director of asset management. 

The new leadership structure now brings the firm’s acquisitions and asset management platforms together and streamlines oversight and underwriting, the firm said. 

Craig A. Spencer, CEO of Arden Group, noted in a statement that Rea has built the firm’s operating engine and that Timmons’s skills of acquisitions and asset management have improved the firm’s underwriting abilities. 

“Barb and Robert have been central to building ALP from the ground up, and they are the right leaders to take the platform into its next chapter,” added Spencer. 

Over the last five years, Arden Logistics Parks has grown its portfolio by more than 7 million square feet, and now oversees 42 industrial parks, 265 buildings and roughly 1,500 tenant units. 

“Combining oversight of acquisitions and asset management provides a clearer understanding of how our assets serve their customers in a given market, which ultimately leads to a more informed selection of target markets and asset profiles,” said Timmons. 

Brian Pascus can be reached at bpascus@commercialobserver.com.