Seasoned development and capital markets leader takes expanded role to support CRG’s growing Southeast industrial platform
CRG, the national real estate development and investment firm, today announced Matt Dittman has been promoted to senior vice president and partner, leading the firm’s industrial development strategy throughout key Southeast markets. In this expanded role, Dittman builds on the leadership of Mike Demperio, the former market leader who established CRG’s Southeast platform, and will oversee the development of CRG’s speculative and build-to-suit warehouse projects in the region. He will work closely with CRG’s capital partners and regional teams to deliver state-of-the-art logistics facilities for e-commerce, manufacturing and distribution clients.
With 15 years of experience in commercial real estate finance and development, Dittman has played a pivotal role in CRG’s growth since joining the firm in 2020. He has guided capital raising, portfolio management and industrial development for CRG’s multibillion-dollar pipeline, overseeing underwriting, fundraising, dispositions and market research for projects across the Southeast. During his tenure, Dittman helped launch multiple investment funds, including CRG’s U.S. Logistics Fund I and II, which collectively raised over $600 million to invest in nearly $2 billion of logistics assets. He also managed the disposition of approximately $1.35 billion in assets, secured roughly $965 million in construction financing and led the acquisition of more than 1,800 acres of land for industrial development.
“We’re proud to elevate Matt to lead our Southeast industrial platform,” said Steve Schnur, chief operating officer at CRG. “Matt has been an integral part of our team and instrumental in expanding CRG’s footprint in the Southeast. His combination of capital markets expertise and hands-on development experience gives him a unique perspective that will serve our clients and investors well. We are confident that under his leadership, our Southeast portfolio will continue to thrive and further solidify CRG’s foothold in this important industrial market.”
For the past several years, Dittman has been deeply involved in CRG’s Southeast region as a key member of the development team. Working closely with former Southeast market leader Mike Demperio during that time, he helped build CRG’s regional platform and contributed to the successful delivery and leasing of major CRG projects in Georgia and South Carolina — including The Cubes at Bridgeport, The Cubes at Locust Grove, The Cubes at Interstate Centre II, The Cubes at Fort Prince, The Cubes at River Park and The Cubes at West Port — which have attracted a diverse roster of nationally recognized e-commerce, logistics, manufacturing and distribution users. Collectively, these developments represent millions of square feet of modern warehouse space strategically positioned to serve the Southeast’s rapidly expanding supply chain network.
“I’ve been deeply involved in our Southeast projects since joining CRG, so I’m excited to now formally lead our development efforts in the region,” said Dittman. “The Southeast is one of the most dynamic industrial markets in the country, and we have an incredible pipeline of The Cubes-branded projects aimed at meeting the needs of today’s modern logistics users. I look forward to working closely with our talented team and partners to build on our momentum and continue delivering exceptional projects that create value for our clients and investors.”
Dittman has worked on more than 35 development projects in 10 U.S. markets throughout his career. He began his professional career in commercial lending before transitioning into structured real estate finance and investment banking, ultimately joining CRG in 2020. Dittman earned a bachelor’s degree in finance and marketing from the University of Illinois Urbana-Champaign and a master’s degree in business administration from Northwestern University’s Kellogg School of Management. He is active in several industry and philanthropic organizations, including NAIOP Chicago, the Kellogg Real Estate Alumni Network and the Greater Chicago Food Depository.
About CRG:
CRG is a privately held real estate development and investment firm with deep expertise in industrial, office, student housing, and data center assets. The firm serves clients and investors from seven regional offices, benefiting from local expertise in Chicago, St. Louis, Seattle, Southern California, Phoenix, Philadelphia and Atlanta. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.
About The Cubes:
The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial users. The Cubes are designed with an emphasis on sustainability and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage, to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located in strategic locations that take into consideration both logistics and labor supply, always with the end user in mind.
Matt Dittman, senior vice president and partner at CRG, will lead the firm’s industrial development strategy across key Southeast markets.