ML Realty Partners announced today that its Board of Directors has appointed Ryan Hesch as President and Chief Executive Officer (CEO).
Hesch has also been elected to the Board of Directors of MLRP. Hesch is being promoted from his current position of Senior Vice President. Hesch joined MLRP fourteen years ago and has been consistently promoted to various positions during his tenure. Mike Luecht, the founding and current CEO, will work carefully with Ryan and the Board of Directors on a well-planned transition process. Luecht, who is retiring, will remain on the Board of Directors going forward.
“In 2001, when the company was founded, the goal was to become a respected and successful real estate operating company who had their clients and their investors best interests driving the company every day”, Luecht states, “Our leadership team over the years accomplished that for sure as ML Realty Partners has become one of the leading investors and developers of industrial real estate. With Ryan and the rest of the leadership team taking the company forward from here, that same core commitment will be there as well as the continued passion for more growth.”
“Our relationship with Mike and his team since the inception of the company has been wonderful and we are excited about Ryan continuing the leadership.” says Dan Schulte, a board member of ML Realty Partners and President of Principal Enterprise Capital, “Our passion for furthering the growth of ML Realty Partners has never been greater.”
Additionally, Nancy Kozinski has been appointed by the board as Chief Operating Officer. Kozinski will oversee the operations of the company, which now has over $1.0 billion in assets, and has also been elected to the Board of Directors. “Nancy has done an exceptional job over the years overseeing our assets”, Mike Luecht states, “and this is a natural expansion of her responsibilities.” Kozinski joined MLRP ten years ago and has been a critical part of MLRP’s success.
ML Realty Partners is a long-term investor and developer of industrial real estate in the Central United States. The company is headquartered in Itasca, Illinois and has an additional office in Dallas, Texas.