As Managing Director for DCT Industrial since 2014, Bud V. Pharris is responsible for operating and growing the Company’s business in the West Region. Working with local market teams, Mr. Pharris is focused on deploying capital into attractive acquisition and development opportunities as well as leasing and managing the Company’s portfolio in the West Coast Region.
Mr. Pharris brings over 20 years of commercial real estate industry experience to DCT Industrial. Prior to his position as Managing Director, Mr. Pharris served as Regional Vice President for DCT Industrial where he was responsible for our Southern California assets and pursued existing market assets and potential land sites for development. Before joining DCT Industrial, Mr. Pharris served as a Senior Development Manager with Panattoni Development Company for nearly 10 years. While there, he oversaw all aspects of pre-development, entitlement, construction, leasing, and project stabilization on projects he sourced in the Inland Empire region of Southern California. He was responsible, also, for over 6M square feet of development projects, serving as the project lead on 24 development projects with an estimated cost-basis value of nearly $500 million. Mr. Pharris also worked for a Sacramento-based industrial brokerage and for a Real Estate Investment Trust as an Investment Advisor.