LOS ANGELES

Ph: 310-205-7474
Fax: 310-274-3034

CHICAGO

430 Park Avenue, Suite 2A
Highland Park, IL 60035

Ph: 847-748-3000
Fax: 847-748-3099

Our Company

Privately held as part of Perlmutter Investment Company (“PIC”), IAC develops industrial real estate and holds an institutional-quality portfolio of properties across the U.S.

Established in 1995, IAC has developed and managed over 20 million square feet of Class A properties across the U.S., including Seattle, Portland, Los Angeles, San Diego, Dallas/Fort Worth, Houston, Chicago, Detroit, Cincinnati/Northern Kentucky, Louisville, Miami, Charlotte, New York, and Boston.

IAC targets strategic distribution markets with proximity to interstates, cargo airports, rail intermodal, and seaports. IAC currently holds properties in Seattle, Los Angeles, Dallas/Fort Worth, Chicago, Louisville, and Cincinnati/Northern Kentucky.

The current portfolio comprises 6.4 million square feet of rentable area plus 3.5 million square feet under development.

IAC’s regionally diversified portfolio comprises tenants in e-commerce, logistics, retail, manufacturing, and other services industries.

MEET OUR TEAM

MICHAEL O’CONNOR

Executive Managing Director

Michael O’Connor joined IAC in 2019 after a 35-year career with Verizon. Mike is an Executive Managing Director for IAC and a member of its Board of Managers and Executive Committee. Before joining IAC, Mike was responsible for the Verizon Pension Trust’s private markets program. Before working for the Verizon Pension Trust, Mike held various positions in Verizon’s finance and treasury departments. Mike is a LeMoyne College graduate with an MBA in finance from Fordham University.

JOSEPH PERLMUTTER

Chief Financial Officer

Joseph Perlmutter is the CFO for all PIC-affiliated companies and serves on the Board of Managers of IAC and its Executive Committee. Prior to the formation of PIC, Joseph was President of Heitman Finance Group, where he was responsible for arranging all financing activities within the organization. During his 40-plus-year career, he has been responsible for financing in excess of $4 billion. Joseph is a graduate of the University of Colorado.

MICHAEL PERLMUTTER

Chief Operating Officer

Michael Perlmutter joined IAC in 2011 and has worked in the real estate industry for over 15 years. Before being named COO, Michael was responsible for leasing IAC’s new developments in Los Angeles, Seattle, Houston, and Louisville. He currently manages leasing new developments in Dallas and Cincinnati/Northern Kentucky. Before IAC, Michael worked for Davis Street Land Company. Michael is an Indiana University graduate with an MBA in Real Estate from DePaul University.

SCOTT TAYLOR

Managing Director

Scott Taylor joined IAC in 2001 and has worked in the real estate industry for over 25 years. Scott serves as Managing Director of Development and is responsible for the company’s new developments, financial analysis, and architectural review. He has previously co-chaired the Real Estate Committee of the American Institute of Architects in Chicago. Scott is a graduate of Washington State University with an MBA in Real Estate and Urban Land Economics from the University of Wisconsin – Madison.

DOUG HAMJE

Managing Director

Doug Hamje joined IAC in 2001 and has worked in the real estate industry for over 25 years.  Doug serves as Managing Director of Leasing for IAC. He is responsible for leasing the company’s national portfolio of over 6 million square feet and over 70 tenants in Los Angeles, Seattle, Dallas, Louisville, and Chicago.  Doug is a graduate of Colby College with an M.S. in Real Estate and Urban Land Economics from the University of Wisconsin – Madison.

MAX PERLMUTTER

Managing Director

Max Perlmutter joined IAC in 2014 and has worked in the real estate industry for over 15 years. Max serves as Managing Director of Acquisitions & Dispositions and leads IAC’s sourcing of new business. Max has also been involved with over $1 billion in financing. Before IAC, Max worked for Morgan Stanley, responsible for sourcing and underwriting lending opportunities, and also in the Capital Markets Group of JLL. Max is a University of Southern California graduate with a Bachelor’s degree in Real Estate Finance.

DAVID STERN

Managing Director

David Stern joined IAC in 2015 and has worked in the real estate industry for over 10 years. David serves as Managing Director of Finance and Investments and is responsible for sourcing and underwriting acquisition and development opportunities, as well as strategic portfolio disposition and capital event strategies. Before joining IAC, David worked in investment banking and real estate consulting. David is a Penn State University graduate with a Bachelor of Science in Finance.

JERRY POWALISH

Managing Director

Jerry Powalish has been involved in the construction and real estate business for over 40 years. From 1982 to 2000, he held positions up to President of the HPL Construction Division at Heitman Financial Ltd. and Kennedy Wilson Properties. Since then, he has overseen 7.0 million SF of new and redeveloped properties.

WHITNEY KJAR ADAMS

Managing Director

Whitney Kjar Adams joined IAC in 2010 and has worked in the real estate industry for over 19 years. She serves as the Managing Director of Property Management and is responsible for managing all assets within the portfolio, focusing on tenant satisfaction and asset performance. Before working at IAC, Whitney held the role of Property Manager at CBRE. Whitney is a graduate of the University of Michigan.

CRAIG ARNSON

General Counsel

Craig Arnson has been a Managing Director and General Counsel of Perlmutter Investment Company (PIC) and IAC since 2000. Before joining PIC/IAC, Craig spent five years as General Counsel of Amerihost Properties and several prominent law firms in Chicago. Craig is a graduate of the University of Michigan (B.A., Economics) and the Boston University School of Law (J.D.). Craig also is a licensed Managing Real Estate Broker in Illinois and a member of the American Bar Association.

ANDREA ANDERSON

Controller

With over 30 years of real estate experience, Andrea is a Managing Director who oversees financial reporting, treasury management, audits, and tax filings, ensuring financial data integrity. Her expertise includes managing property and overhead budgets, forecasting, cash flow analysis, payroll, human resources, and implementing accounting software programs.

OUR FUNDAMENTALS

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STRATEGIC LOCATIONS

Proximity to airports, seaports, intermodal facilities, and interstate highway systems provides intelligent routing for its tenants.

BUILDING DESIGNS

Modern Class A facilities include functional design, high ceiling clear heights, ESFR sprinkler systems, ample dock doors, spacious truck courts, and abundant car and truck parking.

NATIONAL LEASING

Properties across major distribution markets provide tenants the opportunity to negotiate leases in multiple locations with a single landlord.

PROPERTY MANAGEMENT

Full-time property management and enhanced facility management services.

PROFESSIONAL MANAGEMENT

IAC Properties is committed to working hand in hand with tenants to meet their demands and maintain a first-class image.

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Privacy Policy

August 21, 2018

 

 

IAC.com (“we”, “us” or “our”) recognizes the importance of protecting our consumers’ privacy during their use of the IAC.com website (the “Site”). We are firmly committed to protecting the information you may provide through the Site. We continually update the Site’s Privacy Policy to communicate our privacy practices and our procedures for safeguarding the information you may provide to us.

 

By using the Site, you acknowledge and agree to the terms of this Privacy Policy and the Site’s Terms of Use. As the Site may change at our sole discretion, we recommend that you refer to this Privacy Policy periodically for any updates. Your continued use of the Site following the posting of any changes to this Privacy Policy means that you accept those changes.

 

 

Collection of Information

The Site may collect personal information that you voluntarily provide to us in order to provide you with information or services you request from us. Personal information includes your name, email, phone, address, and any other information that is specific to you.

 

The Site may collect visits, clicks, and other anonymized non-personal information using Cookies and related technologies automatically in order to monitor and improve the Site.

 

 

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We may use information we collect to improve the Site performance, analyze website usage, improve the Site’s content, customize the Site’s layout and content and for other customer service purposes. We do not sell, rent or lend any information to any unrelated third parties; we do, however reserve the right to provide information to our affiliates and service providers. Information may be stored in a different country from the one you live in.

 

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By visiting our site, a small text file called a “Cookie” may be placed on your device. Some features of our Site require the use of Cookies to run properly. Cookies also allow the performance of the site to be improved by reducing loading times on return visits or remembering language preferences.
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You can opt-out of remarketing by visiting Google and Facebook.

 

 

Security

We comply with all consumer privacy laws and use security measures to protect the information you provide to us from unauthorized access, use or disclosure. However, while we may use all commercially reasonable steps to protect the information you provide, we cannot guarantee that third parties will not unlawfully intercept or access internet data transmissions.

 

 

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The Site may contain links to other sites that are operated or owned by third parties. Please note that when you click on one of these links, you are navigating to another site with separate terms of use and privacy policies. We encourage you to read the terms of use and privacy policies of these linked sites as their policies may differ from ours. We are not responsible or liable for the privacy policies or the content of any third-party web site and do not make any representations or warranties as to how third parties may use your information.

 

 

Age Restriction

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Contacting Us

If you have any questions about this Privacy Policy, the Terms of Use of the Site or require other information, please visit our contact form page.