Industrial investment and management firm expands team

SCHAUMBURG - Industrial Outdoor Ventures, the Schaumburg-based investment and management firm specializing in industrial service facilities, has expanded its staff as it anticipates expanding operations with another strong year of acquisitions.

The company has hired Robert Chase as director of Construction and properties, Max Doctor as financial analyst, and Anna Vovk as corporate accountant.

"Coming off an excellent 2021 and looking to build on that momentum with further growth and expansion in 2022, we continue to add staff, just as we strategically add properties to our portfolio," said Tom Barbera, CEO of Industrial Outdoor Ventures. "We welcome Rob, Max and Anna to the team, and look for great things from all of them."

Chase brings approximately 10 years of experience to his role. At IOV, Chase is responsible for executing the firm's operational strategy for its expanding portfolio of properties. From a construction perspective, this includes all development and redevelopment programs. In this capacity, Chase will be responsible for capital budgeting and construction/project management.

IOV typically completes some element of value-add construction upon the acquisition of a property. For example, of the 31 properties IOV acquired in 2021, it launched 19 renovation and repositioning programs to improve property operations and marketability.

Chase also is responsible for executing the business and operating plans for each property. IOV owns and operates a portfolio of 60 properties in 15 markets across the U.S.

Before joining IOV, Chase served in various capacities, most recently as superintendent with Power Construction. There he managed field operations for a variety of projects, including large-scale, high-profile properties.

Chase earned majored in building construction management at Purdue University.

• Doctor will work with the Finance Division to provide financial and strategic analysis support throughout the property life cycle. In this role, Doctor supports the acquisitions team with financial underwriting, financial modeling and due diligence for both property acquisitions and dispositions. He also has financial reporting and investment performance tracking responsibilities.

Doctor recently earned an MBA from Texas Christian University. Earlier he majored in supply and value chain management and a minored in finance at Texas Christian University.

• Vovk is responsible for executing the firm's accounting and reporting functions. This includes a focus on accounts receivable and payables and general bookkeeping duties. Additionally, she also supports the controller with monthly, quarterly and annual property accounting needs.

Before joining IOV, Vovk was a relationship banker at TCF Bank where she processed transactions. Vovk earned a bachelor's degree in accounting from the University of Illinois at Chicago.