Rich Flaten was named director/vice president of national site acquisitions. Flaten, a 20-year professional, was a senior vice president at Dallas-based Lincoln Property Co.

Flaten tells GlobeSt.com that he has two of the three hired for his team in Dallas. Trammell Crow also has staff dedicated to the BoA account in select cities. Chris Conklin, another Lincoln broker, recently relocated from Dallas to Florida to help on the account, according to a local source.

The key to the development plan is Flaten's hire, which delivers a point man for the undertaking. He will maintain an office in BoA's Dallas CBD operation.

Flaten says the 200 locations, mostly from the ground up projects, to be added each year will come in major growth metros, with concentrations in Texas, Florida, Georgia, Northern Virginia and Maryland. Of the 25 "high-growth markets" targeted by the bank, 16 are in Trammell Crow's share of the contract--Central, Southeast and Atlantic Coast regions. Dallas' Trammell Crow is responsible for 41 million sf of BoA real estate.

The bank typically develops 25 to 35 new locations a year, but those days are gone. Flaten says 2003 will see the addition of 150 locations, sites already being scouted. The full complement of 200 per year most likely won't come until 2004.

Flaten was a tenant rep who counted BoA as a client. He also represented names such as Tandy Corp., HCA and AutoNation.