Head of Digital AssetsMichael Hochanadel
Michael brings 21 years of industry experience to the Firm. As a Managing Director and Head of Digital Assets, he is responsible for leading Harrison Street’s digital business and defining strategy for the digital sector, establishing key initiatives and executing the sourcing, analysis and closing of joint venture partnerships and investments in the sector.
Prior to joining Harrison Street, Michael was with Jones Lang LaSalle for 15 years where he was a senior leader for the firm focused on the data center asset class. As part of the Capital Markets team, he provided capital placement and structuring expertise to help user and investor clients develop optimal real estate finance solutions. he focused on sale leasebacks, investment sales, build to suit transaction structuring and lease restructuring.
Since 2005, Michael has been involved in the execution of over 49 million square feet of transactions valued in excess of $7 billion including industrial, office, data center, retail and life sciences real estate. As a market leader in the data center sector, Michael has closed approximately $4.0 billion of transactions involving data centers and telecommunications assets. With a national focus, transactions have spanned all meaningful data center categories including turnkey colocation sites, powered shells, carrier hotels, enterprise facilities, telecommunications switch buildings, development projects and high-performance computing centers across 18 US and European markets.
Michael received his MBA from New York University’s Stern School of Business and graduated from Harvard University where he was a member of the baseball and football teams.