With more than 24 years of real estate experience as an industrial broker, developer and portfolio manager, Michael F. Severson is vice president, acquisitions and development overseeing all of Bixby Land Company’s acquisition, disposition and development activities. Severson has directed the acquisition of more than 3 million square feet of industrial, office and R&D product with a value in excess of $850 million and has facilitated the development of 1.2 million square feet of industrial and office product.

Prior to joining Bixby Land Company, Severson was a director, portfolio manager for The RREEF Funds in Irvine, Calif. While at RREEF, Severson served as advisor to the CalPERS Southern California industrial portfolio, which at his direction, underwent an aggressive acquisition strategy and grew from 1.5 million to 20 million square feet of industrial and office properties throughout Southern California and Texas, ultimately valued at $1.2 billion. In building and shaping the portfolio, he acquired and developed more than $2 billion worth of industrial, R&D and office product and disposed of $1.5 billion of similar product.
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