Toronto, ON. Pure Industrial announced today that David Owen, Chief Operating Officer, has been appointed to the additional role of President of the company, effective immediately. A proven leader in the real estate industry, David is responsible for Pure’s operations, with a focus on company strategy, corporate and real estate operations and portfolio management.
“David has done a remarkable job stewarding the business through a phase of significant growth and transformation, having expanded the portfolio and grown the team while delivering great service to Pure’s valued customers. We look forward to the business’s continued success under his leadership,” said Ryan Ingle, Managing Director at Blackstone.
“Supply chains continue to undergo rapid transformation. Businesses across Canada are in growing need of logistics facilities, warehousing and fulfillment centres that are better suited to their changing needs. I’m pleased to continue leading our growing and talented team at Pure Industrial as we work with our customers to address their challenges with tailored solutions that will enable their businesses to grow and thrive,” said David Owen.
David has contributed to the significant growth and success of the company since it was acquired by Blackstone and Ivanhoé Cambridge in 2018. In the past five years, Pure’s employee base has grown by nearly 200 people, including key hires across the executive team. In 2022, Pure was awarded three awards by Great Place to Work™ including Best Workplaces™ in Real Estate, Property Development & Construction, Best Workplaces™ for Women, and Best Workplaces™ for Inclusivity.
About David Owen
David Owen joined Pure Industrial in 2016 and has held roles of increasing responsibility since. Previously, he spent time at a retail private equity real estate fund manager, and prior to that, at a privately managed real estate funds group focused on investing in and lending on Canadian urban real estate. He has an Honours B.A. (Economics) from The University of Toronto and is a CFA Charterholder.
About Pure Industrial
Pure Industrial provides its customers with best-in-class industrial real estate to support all of their supply chain requirements. Pure Industrial owns and manages 41 million square feet across approximately 415 properties in Canada including strategically located warehouses in major markets such as the Greater Toronto Area, Greater Vancouver Area, Montreal and Quebec City.