HOUSTON, TX – Alliance Industrial Company is pleased to announce the promotion of Chad Parrish to Chief Investment Officer (CIO) as the company responds to surging demand. Instrumental in the company’s success to date by having led more than ten million square feet of industrial development, Parrish brings a depth of industrial real estate expertise and market understanding that is critical at the executive level as Alliance continues to scale nationwide. In this expanded role as CIO, he will formalize his oversight across all of Alliance’s 14 investment markets implementing key growth initiatives encompassing asset management, construction execution, team development, joint venture partner relationships, dispositions, and build-to-suit strategies.
“Chad has been instrumental in our success to date and brings a depth of industrial expertise and market understanding that is critical at the executive level as we continue to scale. He is highly respected across the industry – capital partners, tenants, brokers, construction teams, and competitors alike – and our Alliance regional teams and partners have naturally gravitated to his insight and judgment when navigating the complexities of their projects” stated Cyrus Bahrami, founder and chief executive officer at Alliance Industrial Company. “Chad’s experience – both in the product type and in Alliance’s strategic framework – will help further season our regional teams across our markets and strengthen production and execution across the platform.”
Parrish previously served as Managing Director for Alliance Industrial achieving milestones in every key indicator, overseeing 10 million square feet of development, 3 divisions launched, 6 markets expanded and $1.2B capital investments raised. He also was a driving and active participant in expanding the organization’s team and offering training and guidance to team members into greater roles.
Under Parrish’s leadership, Alliance Industrial is uniquely positioned to capitalize on accelerating industrial real estate demand in AI and e-commerce growth, reshoring, and supply chain efficiency efforts. The opportunity for the company is particularly strong because the greatest momentum in the industrial real estate sector is in Alliance Industrial’s foundational Sunbelt and Southeast markets, particularly Texas, and key inland logistics corridors serving dense population centers.
“I’m honored to take on this expanded role at such an important stage in Alliance’s growth,” said Parrish. “We’ve built a solid and durable foundation across every market we serve. I’m excited to continue working alongside our teams and partners to scale the platform, deepen our industry relationships, and capitalize on the opportunities ahead.”
Parrish completed both his undergraduate Bachelor of Science in business with a focus in real estate and finance as well as his Master of Business Administration at the University of Missouri.
Media Contact: Kali Hammond, Poston Communications, [email protected]