April 1, 2019
Real estate veteran Alon Kraft has joined Los Angeles-based industrial real estate development and investment firm Dedeaux Properties as Chief Operating Officer, announced company President Brett Dedeaux.
The hiring of Kraft, who joins Dedeaux after more than 20 years at Lowe Enterprises, is a significant move for the firm as it continues to elevate its investment platform. Dedeaux Properties has significantly increased its industrial real estate portfolio, once comprised exclusively of family-controlled assets, through strategic partnerships with a growing number of institutional partners, according to Dedeaux.
“Alon brings with him the discipline and institutional thinking as we continue to grow our assets under management with larger capital partners wanting to align themselves with an experienced operator to take advantage of the investment opportunities in one of the most dynamic industrial real estate markets in the United States,” said Dedeaux.
Kraft has more than 25 years of commercial real estate experience managing asset and portfolio teams from acquisition through disposition. Previously he was Senior Asset Manager for Lowe Enterprises Investors having overseen more than $2 billion of office, industrial and multifamily investments.
Kraft earned a Bachelor of Science in Architecture and a Master’s in Planning from the University of Southern California. He has also been a part time instructor in real estate finance at the Dollinger Master of Real Estate Development program at the USC Price School.
About Dedeaux Properties Los Angeles-based Dedeaux Properties, LLC (http://www.dedeauxproperties.com) focuses on the investment and development of logistics-oriented properties based on its affiliation with family controlled DART Warehouse Corporation, a national full-service logistics provider founded in 1936. In addition to a portfolio of approximately six million square feet of industrial space, Dedeaux Properties has an active pipeline of more than two million square feet of industrial properties including warehouse/distribution, truck terminals, and cold storage facilities.