About Us

About MBK Industrial Properties

MBK Industrial Properties, a wholly owned subsidiary of MBK Real Estate, is an active investor and developer of industrial real estate for speculative and build-to-suit development projects across:

In addition, MBK Real Estate’s family of companies includes MBK Rental Living and MBK Senior Living.

MBK Real Estate (MBK) is a leading developer and investor in senior living communities, multi-family residential and industrial real estate.  Founded in 1990, MBK brings three decades of experience developing, acquiring and operating award-winning projects and providing outstanding standards of service.  

MBK is a wholly owned subsidiary of Mitsui and Co., a global Fortune 500 company.

Mitsui & Co., Ltd., engages in business investment, project development and management, and capital goods leasing and technology transfer, in addition to traditional businesses of a Sogo Shosha (general trading company) such as import, export, off-shore trade and domestic wholesale. Mitsui’s total asset globally is in excess of US $100bil.

Mitsui & Co. (U.S.A) was established in 1966 and operates in various areas including : Iron & Steel Products, Mineral & Metal Resources, Real Estate & Infrastructure, Mobility, Chemicals, Energy, Foods & Retail, Healthcare & Service Business, IT & Communication, and Financial and has nearly fifty affiliated group companies. The Company maintains nine offices, with a head office in New York City and additional offices in Chicago, Cleveland, Houston, Los Angeles, Nashville, Seattle, Silicon Valley, and Washington, D.C.

Mitsui has a long history of development and ownership of real estate in Japan, Asia and North America.  Mitsui is known as a pioneer in the logistics real estate business by listing the first logistics focused J-REIT in 2005, Japan Logistics Fund, and manages the J-REIT through its asset management affiliate. Additionally, in Singapore, Mitsui co-manages a listed S-REIT, ESR-REIT (renamed from Cambridge Industrial Trust in 2017), and in Thailand, co-manages a listed T-REIT, Frasers Property Thailand Industrial Freehold & Leasehold REIT.

Luke Nakagawa Senior Analyst

Luke Nakagawa joined MBK Industrial in 2023 as a senior analyst. As an analyst, Luke underwrites wholly owned and Joint venture development opportunities in MIP’s target markets, along with various market research needed for investment committee packages, board packages, and other formal submittals.

Prior to joining MIP, Luke was a Capital Markets broker at Kidder Mathews. As part of the three-person team, Luke was responsible for financial analysis, property due diligence, and other marketing and transactional support. While at Kidder Mathews, Luke transacted over $300 million across industrial, office, and land sales in the west coast states.

Luke holds a BA and a concentration in Real Estate Economics from Cal Poly San Luis Obispo.

Joe Deverian Development Manager

Joe Deverian joined MBK in 2019 and has worked with their Rental Living and Industrial departments as a Development Manager. Direct responsibilities include due diligence, forward planning, entitlements, assembling of consultants, managing budgets and schedules, interfacing with governmental agencies and managing general contractors and development managers.

Prior to joining MBK, Joe has over 25 years of working experience in residential, commercial and hospitality land development projects for public and private companies. Joe holds a California states contractor’s license and has experience as a residential and commercial general contractor.

Joe earned a Bachelors in Business Administration & Finance from Point Loma Nazarene University, San Diego.

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