JLL announced it has added a former Walmart real estate executive to its Retail/e-commerce Distribution (ReD) platform. Matt Powers joins the firm as an executive vice president and will be responsible for growing the business globally.
Powers joins JLL’s ReD experts who advise retailers on their distribution real estate strategies. His experience in site selection and negotiation will allow him to implement solutions that help clients achieve their supply chain, e-commerce and omni-channel operational goals.
Powers was previously the director of realty acquisitions for Walmart, in which he developed, maintained and executed the strategic plan for Walmart and Sam’s Corporate Properties’ industrial real estate. He oversaw a 150 million square-foot portfolio, including a national fulfilment center network that enabled two-day and same-day delivery.
Powers holds a juris doctorate from University of Arkansas at Fayetteville, a master’s of business administration from Webster University and a bachelor’s of arts in government from Nicholls State University. He is a Certified Commercial Investment Member (CCIM), former chairman of the Pea Ridge Planning Commission and was previously treasurer of the Family Network Board of Directors.