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Dallas firm hires real estate veteran for Pennsylvania office

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In this 2015 photo, Michael Alderman speaks at the Business Journal's Real Estate & Development Symposium.
In this 2015 photo, Michael Alderman speaks at the Business Journal's Real Estate & Development Symposium. - (Photo / )

Dallas-based real estate developer Hillwood Investment Properties has hired industrial development veteran Michael Alderman to oversee portfolio growth in the northeastern U.S.

Hillwood, which has its Pennsylvania office in Susquehanna Township, has developed several large industrial projects in Central Pennsylvania over the years. One of its most recent was the Starbucks distribution center in York County.

Alderman comes from Liberty Property Trust, where he was vice president and market officer and was responsible for the company's 26 million-square-foot industrial portfolio in Pennsylvania. Liberty has developed industrial projects throughout Central Pennsylvania and the Lehigh Valley.

In his new role, Alderman will be responsible for land and building acquisitions, joint ventures, development and leasing activity in the Northeast.

"We see significant opportunities for strategic growth in this market," said Gary Frederick, senior president and Northeast market leader.

Alderman graduated from Susquehanna University and has been in real estate for more than 20 years. He is the younger brother of Dan Alderman, a longtime commercial real estate agent at NAI CIR in Wormleysburg.

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Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin and Cumberland counties. Have a tip or question for him? Email him at jscott@cpbj.com. Follow him on Twitter, @JScottJournal.

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devast October 10, 2018 5:49 am

The idea of hiring industry veteran Michael Alderman to oversee the growth of the northeastern US portfolio is good, taking advantage of idle manpower.
devast io

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