Neil P. Doyle
Chief Executive Officer
From 2012-2018, Mr. Doyle served as the Managing Director, Central Region of DCT Industrial Trust (NYSE: DCT), a leading publicly traded warehouse/industrial property REIT which owned, developed and internally managed over 73 million square feet of bulk-distribution and light-industrial properties in high demand U.S. distribution markets. DCT Industrial was acquired by Prologis (NYSE: PLD) on August 22, 2018 for $8.4 billion (including debt) in a stock-for-stock transaction.
As Managing Director, Mr. Doyle was responsible for working with local teams on the execution of all company operations and capital deployment within the Central Region. In addition, Mr. Doyle served on the company's Investment Committee and the Executive Committee. The DCT Central Region (Chicago, Cincinnati, Dallas and Houston) historically encompassed an average of 25 million square feet of industrial properties, generating in excess of $110 million of NOI per annum (2018). The Central Region deployed over $840 million of capital during this tenure, consisting of both new development and re-development as well as both value-add and stabilized acquisitions.
From 1997-2011, Mr. Doyle was employed at CenterPoint Properties Trust, the nation's first publicly traded industrial Real Estate Investment Trust (NYSE: CNT) as well as the largest private property owner/developer in metropolitan Chicago. In 2006, the Company was acquired by the California Public Employees Retirement System (CaLPERS) for approximately $3.5 billion in cash and assumption of debt, resulting in a 23% compounded annual return to shareholders (dividends reinvested) over 12 years as a public company.
As Executive Vice President of Infrastructure and Transportation, Mr. Doyle was responsible for the development and sourcing of intermodal and maritime port centric logistics centers at key U.S. trade hubs, including several large-scale brownfield industrial redevelopments as well as the 6,000-acre Joliet Intermodal Center, the largest intermodal development in North America. In addition, Mr. Doyle served on the company's Investment Committee and the Executive Committee.
From 1993-1997, Mr. Doyle was employed at The Walsh Group, a Chicago-based general contracting, construction management and design-build firm, recognized as the largest construction firm in metropolitan Chicago and one of the nation's top 10 general contractors by revenue.
Mr. Doyle has been actively involved with the Intermodal Association of North America (IANA), the Retail Industry Leaders Association (RILA), the America Association of Port Authorities (AAPA), the Council of Supply Chain Management Professionals (CSCMP) and NAIOP.
Mr. Doyle has presented on industry topics such as industrial real estate development, global trade, brownfield remediation, infrastructure investment, and logistics throughout the United States, Canada, Mexico, and China including audiences with the U.S. Secretary of Transportation, the U.S. Secretary of Commerce and the President of the Federal Reserve Bank of Chicago. Interviews and contributions include Bloomberg Business, Journal of Commerce, Chicago Tribune, Crain's Chicago Business, Virginia Business, Asian Shipper Gazette, Infrastructure Investor Magazine, Chicago Metropolis 2020 Freight Study and appearances on Chicago Public Radio.
Mr. Doyle holds a BS in Civil Engineering from Marquette University.