David Richards Joins Lovett Industrial Leadership Team

David Richards Joins Lovett Industrial Leadership Team

Lovett Industrial, a leading Houston-based industrial real estate investment firm, has announced the appointment of David Richards as Executive Vice President of Investments. Richards will be based in the company’s Dallas office and will play a pivotal role in shaping the firm’s national investment strategy and supporting its continued expansion into key logistics markets across the United States. His responsibilities will include evaluating new investment opportunities, structuring joint ventures, and enabling the firm to broaden its reach in regions that are experiencing significant growth in industrial and distribution activity.

Richards brings with him a robust track record of success and leadership in institutional industrial investment. Prior to joining Lovett Industrial, he served as Executive Vice President of Acquisitions at Diamond Realty Investments, a wholly owned subsidiary of Mitsubishi Corporation based in Tokyo. During his more than ten-year tenure there, Richards was instrumental in developing one of the largest and most active investment programs in the U.S. logistics real estate sector. He helped establish and manage a joint-venture equity platform that invested in over 40 million square feet of industrial development projects, representing more than $4 billion in total project value. These investments spanned multiple U.S. regions and helped support the national expansion of the modern industrial warehousing and supply-chain infrastructure that supports e-commerce, manufacturing, and global trade.

His experience in executing large-scale institutional investments, coupled with his strong industry relationships across developers, investors, capital partners, and market stakeholders, positions Richards to bring immediate leadership and strategic insight to Lovett Industrial. The firm emphasized that Richards will contribute not only investment expertise but also a strong fiduciary mindset—one developed through years of overseeing large capital deployments and fostering trusted partnerships. His appointment will help Lovett strengthen both its acquisition platform and its commitment to servicing its investor base with high-quality, strategically located industrial assets.

In addition to his extensive real estate experience, Richards brings a unique personal background rooted in professional athletics. Before beginning his real estate career, he spent nine years as an offensive lineman in the National Football League, starting in 138 games, including six postseason matchups. His time in the NFL, where teamwork, discipline, leadership, and performance under pressure are central, has shaped his approach to organizational culture and collaborative success. These qualities align closely with Lovett Industrial’s mission to cultivate a strong, cohesive team that supports the development of a best-in-class, scalable real estate investment platform.

Charlie Meyer, President and Chief Executive Officer of Lovett Industrial, expressed enthusiasm regarding Richards’ addition to the firm. “We are thrilled to welcome Dave to our team,” Meyer said. “His track record, relationships, and fiduciary mindset will enhance our ability to source, evaluate, and execute outstanding industrial real estate investments on behalf of our investors. Dave’s experience outside of Texas also supports our strategic expansion into new markets and reinforces our commitment to strengthening our platform for the long term.” Meyer emphasized that Richards’ leadership will help the firm identify key industrial markets with strong demand fundamentals, particularly those driven by supply chain modernization and logistics network growth.

Richards also noted that he felt the timing of the move was aligned with both his personal goals and the market opportunities ahead. “I’m excited to join Lovett Industrial at this moment of growth and opportunity,” he said. “I look forward to working with the team, leveraging my relationships and industry experience, and helping to drive disciplined investment decisions and strategic expansion. Together, we’ll identify the right deals, align our partners, and deliver value for our stakeholders.” His comments highlighted both a strategic and collaborative approach to expansion, underscoring his alignment with Lovett’s operating philosophy.

Founded in 2020, Lovett Industrial has grown quickly to become a recognized owner, developer, and investor in logistics and industrial properties across the United States. The firm is privately held and vertically integrated, meaning it manages the full lifecycle of its assets—from acquisition and development to leasing and asset management. Lovett focuses on delivering industrial real estate assets that offer a strong combination of location, functionality, and long-term value. These qualities have become increasingly important as companies seek high-performance facilities that support the needs of modern supply chains, e-commerce speed expectations, and manufacturing reshoring initiatives.

Lovett Industrial is currently active in more than 16 U.S. markets and maintains a portfolio comprising approximately 19.9 million square feet of completed, acquired, and under-construction warehouse projects. Additionally, the firm has more than 15.8 million square feet of warehouse space in its development pipeline for future projects, reflecting both its growth trajectory and its confidence in long-term demand in the logistics and industrial sectors. The firm’s leadership team brings over 60 years of combined experience in the commercial and industrial real estate sectors, enabling a deep understanding of market dynamics and investment strategies.

With Richards now part of its executive leadership team, Lovett Industrial is positioned to strengthen its national footprint, enhance its investment capabilities, and continue developing industrial assets that meet the evolving needs of tenants, capital partners, and supply chain networks across the country.

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