Westmount Realty Capital, a leading private real estate investment firm specializing in commercial property assets and multifamily properties, announced the appointment of Mike Demperio as director of development, based in the firm’s Atlanta office. Demperio brings more than five decades of experience in industrial real estate, development and brokerage, with a track record spanning over 100 million square feet of industrial projects across the United States exceeding more than $4 billion in value. His expertise includes both build-to-suit and speculative development, as well as large-scale industrial park execution. This hire supports Westmount’s continued expansion across the Southeast and reinforces its commitment to scaling a best-in-class industrial development platform nationwide.

 

Prior to joining Westmount, Demperio was the executive vice president and partner at CRG for 10 years. Over the course of his career, he has opened and led commercial real estate office openings and developed more than 50 institutional-quality industrial parks and over 28 build-to-suit facilities. Early in his career he was named a top broker at Coldwell Banker and later rose to become the number one broker in Atlanta for CB Richard Ellis and the number three broker on the Atlanta Commercial Board. During his tenure at CBRE, he founded the firm’s Global Logistics Practice Group in 1994 and was consistently ranked among the top producers globally. Demperio went on to open and lead the Atlanta office for Panattoni Development Company as managing partner.

 

“Mike’s experience and reputation in the industry are unmatched,” said Cliff Booth, founder and chairman at Westmount Realty Capital. “As we continue to grow our presence in Atlanta and throughout the Southeast, his leadership and deep relationships will be instrumental in advancing our development strategy.”

 

Demperio received his bachelor’s degree in liberal arts from Syracuse University. Originally from upstate New York, Demperio has called Georgia home since 1977 and currently lives in the Vinings area.