Columbus, Ohio—September 23, 2019—VanTrust Real Estate, a national developer with a regional office in Columbus, is pleased to announce the addition of Phil Rasey to its Columbus executive team. Rasey, a well-known and respected real estate veteran, will assume the position of Vice President of Development. Bill Baumgardner, the current VP of Development in Columbus, has been promoted to lead VanTrust’s Dallas office. Both men will start in their new roles later this month.
Rasey is a fixture in the Columbus real estate market having spent the last 14 years working with The Pizzuti Companies. Rasey began there as an Associate of Sales and Leasing and over the years was promoted to Pizzuti’s Vice President of Development. He led the development and leasing of over 3.5 million square feet of office and industrial development in the Columbus region. At VanTrust, Rasey will be engaged in all phases of the commercial real estate development process for the Columbus Office, including identification, investigation, management and successful delivery of new build-to-suit and speculative opportunities. Specific responsibilities include project feasibility, market analysis, site acquisition, entitlements, as well as leasing and sales in Central Ohio and the surrounding region where the Columbus office is managing numerous projects.
“While we will miss Bill and his many contributions to our success over the last five years, we are excited about the opportunity he will have leading our Dallas office. At the same time, we are thrilled to welcome Phil to our team. He has strong understanding of the commercial real estate business, coupled with his expertise in development, construction, leasing and sales in the Central Ohio market, will make him a huge asset for VanTrust,” explained Andy Weeks, VanTrust’s Executive Vice President in Columbus. “In addition, his client-focused approach has earned him a solid reputation for creating value and performance for both tenants and ownership. We simply couldn’t ask for a better fit.”
“I’m excited to join a team that has a great track record and reputation both locally and nationally,” Rasey said. “In Columbus, VanTrust has a number of exciting projects presently under way, and I’m looking forward to working on those, as well as delivering more in the months to come.”
VanTrust’s recent Columbus projects include the development of two new distribution centers in Groveport, VanTrust’s third and fourth projects there. Both buildings were occupied immediately after completion. VanTrust also has projects underway in Polaris, Dublin, and New Albany.
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About VanTrust Real Estate, LLC
VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, and asset management. Product types include office, industrial, multifamily, retail, institutional, governmental, hospitality, and recreational. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, and Jacksonville with its headquarters in Kansas City, Missouri.