NEW YORK, NY – October 6, 2026 – Clarion Partners, a leading U.S. real estate investment manager and one of the largest owner and operators of logistics properties in the United States, is launching a new team dedicated to optimizing Clarion’s power and energy strategy across its large-scale industrial real estate portfolio. Through this work, Clarion expects to secure appropriate levels of power for existing and prospective tenants, optimize energy infrastructure and operating costs across the portfolio, and monetize power availability as a source of leasing, development, and asset value.
Given its broad market insight, development activity, and vast tenant relationships, Clarion is witnessing firsthand the rapidly growing demand for electricity driven by data centers, advanced manufacturing, electrification, and other power-intensive uses. As a result, power availability, grid capacity, infrastructure investment, and energy costs are becoming increasingly important for industrial properties and businesses.
To lead this area of focus, Clarion has hired Magesh K. Srinivasan in the newly created role of Senior Vice President, Power & Energy Strategy. In his role with Clarion, Srinivasan will establish power and energy management as a core strategic capability for the Firm, developing a portfolio-wide view of power availability, infrastructure constraints, and opportunities. He will work closely with investment, development, leasing, and asset management teams, as well as utilities and grid stakeholders, to incorporate power considerations into investment and development decisions and support evolving tenant requirements, including electric vehicle charging, advanced manufacturing and other power-intensive uses.
Srinivasan brings more than 18 years of experience in energy markets, structured transactions, power trading, and infrastructure strategy across the U.S. and Europe. He joins Clarion from Prologis, where he most recently served as Global Head of Energy Markets, leading energy market, and infrastructure strategy across the company’s logistics real estate portfolio in the U.S., Europe, and Mexico. His responsibilities included structured power transactions, energy risk management, utility-scale and distributed energy solutions, and the development and evaluation of energy infrastructure investments. Prior to his time at Prologis, Srinivasan spent more than 14 years at Southern California Edison in senior energy market, procurement, and strategy roles where his responsibilities included managing a multibillion-dollar energy portfolio, helping shape regulatory and market reform associated with the growth of Community Choice Aggregation (CCA), and engaging extensively with regulators and policymakers.
“Industrial tenants are becoming more power-intensive because of automation, robotics, advanced manufacturing, electrification and data-center-related businesses,” said Clarion Partners President Josh Pristaw. “Power has evolved from a simple building operating expense to a real estate investment variable and property differentiator.”
“As power availability is becoming an increasingly important consideration across the industrial real estate landscape, Magesh’s appointment reflects Clarion’s focus on anticipating these structural changes and incorporating power considerations into investment, development and portfolio strategy,” adds Dayton Conklin, Managing Director and Head of Industrial Platform at Clarion Partners. “His leadership will strengthen our ability to identify opportunities, manage risk, and create value across our industrial portfolio.”
Srinivasan will be based in Dallas, Texas.