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Ben Applebaum

Managing Principal at Hennepin Industrial

Ben Applebaum is a seasoned professional with 15 years of experience in the commercial real estate industry.

He has been involved in transactions exceeding $2 billion and played a pivotal role in acquiring or developing real estate worth over $750 million.

In 2019, Ben established Spring Ridge Ventures to identify real estate and alternative asset investments offering superior risk-adjusted returns.

Spring Ridge collaborates with high net worth individuals, family offices, private equity firms, and institutional investors across diverse asset types to uncover value-creating opportunities.

Before founding Spring Ridge, Ben dedicated 15 years to the Welsh organization, contributing to its growth into a national industrial REIT with a robust private capital arm.

During his tenure at Welsh, Ben shaped investment strategies that steered WPT Industrial REIT and its private capital business.

He held various senior leadership roles at WPT, including membership in the internal Investment Committee.

Ben played a key role in a successful IPO on the Toronto Stock Exchange, showcasing his expertise in public markets.

His skills span deal structuring, debt and equity procurement, due diligence, real estate operations, leasing, project underwriting, and closings.

Ben is an active participant in NAIOP and serves on the NAIOP Industrial Acquisitions II National Forum, being acknowledged as a NAIOP National Developing Leader in 2007.

He pursued his education in Real Estate Finance, obtaining a BS degree from the University of St. Thomas.

Highlights

Aug 19 · linkedin

Hennepin Industrial and EQT Exeter are pleased to announce the development of two distribution warehouses – 974,050 SF and 524,600 SF totaling 1,498,650 SF in Louisville, KY. Sitework on the 126.1-acre site is underway with completion expected to occur in the summer of 2022. Huge thanks to the teams at EQT Exeter, ARCO Design/Build, and Jones Lang LaSalle for making this project a reality!  Special thanks to this talented group...EQT Exeter, Steven Stein, Matt Brodnik, Brian Zentz, ARCO Design/Build, Ben Titus, Corey Rose, Landon Paddock, JLL, Matthew Hartlage, SIOR, Powell Spears

Aug 18 · linkedin

Thrilled to announce the formation of Hennepin Industrial! Hennepin intends to develop, acquire, and manage warehouse and distribution buildings in key logistics hubs in the United States. More announcements coming soon, stay tuned! #hennepinindustrial

Ben Applebaum
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Location

Minneapolis, Minnesota, United States