Vesey Capital, a real estate investment company started by Jim Vesey in 2008, is a value-added buyer and developer targeting the suburban markets of Philadelphia. VC is focused primarily on industrial properties and land approvals for various product types.
Recent transactions include the assemblage of over 400 acres in Phillipsburg, NJ, and the obtaining of approvals for over 4 million square feet of Class A industrial product. Vesey and his partners sold the site, known as the I-78 Logistics Park, to Bridge Development on January 31, 2018 (3 days before the Philadelphia Eagles won the Super Bowl!). Also in 2018, the company completed a build-to-suit for Hajoca Corporation in Broomall, PA, and redeveloped an industrial building in Pennsauken, NJ, for Heritage Crystal Clean. Vesey Capital, along with partners, is developing 62 townhouses on the waterfront in Conshohocken, PA.
Jim previously headed the Capital Markets Groups in the Philadelphia offices of JLL and Cushman and Wakefield. During his 15+ year career, he completed over 160 transactions totaling over $4 billion in asset value. A former CPA, Jim sits on the Board of Trustees for the University of the Arts and the Advisory Board for the Daniel M. DiLella Center for Real Estate at Villanova University. He developed and, from 2008 to 2013, taught the Real Estate Investments class for Villanova University, his alma mater. After years of suburban living, he and his wife have returned to Philadelphia as empty nesters.
24 N. Bryn Mawr Ave, Ste 286
Bryn Mawr, PA 19010