Maguire Partners Names VP of Leasing in Dallas

DALLAS-Mike Silliman is working his last week at Crescent and readying for the job as sidekick to Maguire's partner in Dallas. The immediate challenge is a 400,000-sf, class A block in the 900-acre Solana, with 300 available for development over the long term.

By Connie Gore | July 26, 2004 at 06:58 PM

Michael Silliman will join Tom Allen, Maguire's Dallas partner, whose primary challenge these days is to find a tenant or tenants to fill a 400,000-sf block of class A space in the 2.5-million-sf premier suburban development. For a month, Allen has been single-handedly working the market after partner Bill Flaherty was tapped by Maguire for a move to L.A. as senior vice president of leasing.

Silliman, a 13-year professional, joined Crescent three years ago after a 3.5-year stint as leasing director in Dallas for Houston-based Hines Interests LP. The Fort Worth-headquartered Crescent had Silliman, one of five leasing managers, assigned to Las Colinas, a corporate landing ground with product much like his new territory. "He's well known in the market. He understands the markets and he's well respected," Allen tells GlobeSt.com. "He has really broad experience with some great landlords."

Michael Lewis, Crescent's regional vice president, says Silliman's Las Colinas duty will be divvied among the existing staff, for now. "With the talent and ability of our marketing staff, we will be able to fill in the gap until we find the right person," he says. "He's a very talented young man. We wish him the best. The opportunity was a chance for him to expand his horizons."

Allen assembled 400,000 sf into one block after Verizon Wireless Messaging Services Inc. of Bedminster, NJ emptied 250,000 sf and related companies added some more in a relocation from the 900-acre Solana in Denton County's Westlake, northeast of Fort Worth, to a build-to-suit. Allen says some Solana tenants were shuffled to amass a corporate-size concentration with appeal in a now 80%-leased office development. "We are ready to make a deal," Allen says of the planned full-court press with Silliman as vice president of leasing.

"I see the opportunities out there as unlimited in an emerging market," Silliman says of the decision for the immediate challenge and the promise of 300 acres of developable land. "It's an unlimited opportunity to slide deals in every dimension."

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