- May 17, 2022
David King Joins Saxum as Chief Operating Officer
March 10, 2022
People, Press Releases
March 10, 2022: Saxum is excited to welcome David King to the team as Chief Operating Officer. David will play a critical role by leveraging over three decades of experience to increase productivity and streamline processes across Saxum’s expanding vertically integrated platform.
“We are incredibly excited to welcome David to the Saxum team. Saxum’s growth has been exponential over the last few years and David’s significant experience in helping to scale platforms and portfolios across the country will only further assist Saxum’s continued expansion.”
Anthony Rinaldi, Founder & Managing Principal
Prior to joining Saxum, David served as Executive Vice President and Director of Real Estate Operations at STAG Industrial, a publicly-traded real estate investment trust with an industrial portfolio that expanded under his leadership from 14 million SF to 100 million+ SF. David was directly involved in establishing strategy while creating scalable processes to drive rapid portfolio growth and expansion on a national scale. His focus on active portfolio management drove Net Operating Income from $40 million at IPO to over $450 million with strategic dispositions totaling over $870 million in value. Dave also pioneered the launch of STAG’s customer solutions team to maintain existing relationships, as well as attract new users to the platform. He supervised a team of thirty across areas including leasing, management, construction, development, forecasting & analytics, dispositions, customer solutions, and market research. Before acting as Executive Vice President at STAG Industrial, David acted as Managing Director for six years where he held responsibility for leading operations and dispositions for a series of funds controlled by the company and oversaw financial performance and fund returns on assets held by the funds.
David earned his BA in Economics and History at the University of Vermont. He earned his MPA in Public Finance & Policy Analysis at Indiana University. He is a member of the Council of Supply Chain Management Professionals, the International Asset Management Council, and the Warehouse Education Resource Council.
About Saxum: Saxum Real Estate is a national real estate investment and development firm specializing in value-add and opportunistic development opportunities across the U.S. in multiple asset classes. Leveraging its vertically integrated platform, Saxum has the ability to implement a unique approach to creating value and enhancing real estate strategies at every step of the investment life cycle. www.saxumre.com
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