Current CEO set to retire after leading company for over 30 years.
CHAMBLEE, GA, September 16, 2019 /24-7PressRelease/ — Pattillo Industrial Real Estate announces today that its ownership and board of directors have named Joshua Harrison President of the company, effective immediately. As a part of the transition plan, in April of 2020, Mr. Harrison will also assume the role of Chief Executive Officer, succeeding Lawrence Callahan, the current Chief Executive Officer. Mr. Callahan will be retiring after 34 years with the company.
“It was an honor to lead this team of professionals who made wise investments in strong communities which catalyzed a stream of jobs,” said Mr. Callahan. “Josh has been a key player as the company transformed into an investment grade portfolio of ‘taller and younger’ industrial buildings. He will respect the history, build fair and beneficial relationships and be the team leader for the next generation. I am confident that the company will continue to strengthen and build on its sterling reputation under Josh Harrison’s command.”
Mr. Harrison, 47, joined the company in 2001 as Treasurer & Vice President-Finance. He became Chief Financial Officer in 2011 and was additionally named Chief Operating Officer in 2017.
“Working for a company that has spanned multiple generations means that all of us at Pattillo are simply building on the success that others before us helped to create,” said Mr. Harrison. “Much of this prior success came under Larry Callahan’s leadership. My time working with and learning from Larry Callahan has been invaluable to me both personally and professionally. Pattillo has an established presence in key industrial markets in the southeastern US, a talented team of real estate professionals, and a strong balance sheet. This combination leaves us poised to continue to capture opportunities to deliver quality industrial development.”
Mazeen Porbandarwala has joined the Company as Chief Financial Officer. Mazeen comes to Pattillo from Wells Fargo Bank with 10 years of experience in the commercial lending role. During his entire tenure at the bank Mazeen worked closely with Pattillo as senior account manager. This experience and knowledge of the Pattillo portfolio has made for a smooth transition into his current position.
“We are very grateful to Larry for leading our team to many successes throughout the years. The company is well positioned thanks to his sound strategic thinking and thorough understanding of the economic development process,” said Lynn Pattillo. “Josh is well prepared to take on the CEO role in great part due to Larry’s mentoring. It is an exciting time to work in the industrial real estate industry and we have the right team in place to move us forward.”
Since 1950, the Pattillo family has been dedicated to developing top quality industrial buildings in progressive communities. Pattillo Industrial Real Estate, owned by members of the third and fourth generation of the Pattillo family, is the largest privately owned industrial real estate firm in the Southeastern United States. Pattillo specializes in the development, acquisition, and management of industrial buildings and land that provide superior locations and operating efficiency.
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