Beedie joins PIRET board of trustees

Vancouver developer Ryan Beedie and one of his top confreres have joined the Pure Industrial Real Estate Trust’s board of trustees.
PIRET announced Monday that Beedie and Jim Bogusz, chief financial officer for the family-owned Beedie Group, will serve as independent trustees.
"We are very pleased to announce the addition of Mr. Beedie and Mr. Bogusz to our board of trustees," said Darren Latoski, PIRET’s acting CEO, in a news release. "As Canada's only pure-play industrial REIT, we believe there will be many benefits in working with The Beedie Group, Western Canada's largest industrial landlord. The addition of these two new trustees will complement the strengths of PIRET's existing trustees."
Vancouver-based PIRET, which deals exclusively with industrial properties, also increased the board to eight trustees from six. The moves come after Beedie Industrial Projects Ltd., an affiliate of the Beedie Group, acquired 13.6 per cent of PIRET’s issued and outstanding units on July 31.
The Beedie Group specializes in the design, construction and management of industrial and commercial buildings. Since Beedie became president in 2001, the group has developed more than 17 million square feet (sf) of industrial real estate across B.C.
Its portfolio includes approximately six million sf of industrial buildings, along with significant land positions in major industrial locations in Metro Vancouver, the Fraser Valley and Alberta.
Bogusz, a chartered accountant since 1986, co-ordinates the Beedie Group’s financial management, information systems and financial reporting. He has considerable experience with real estate mergers and acquisitions, corporate strategy, and guidance through company growth and change.