Gregg Hamill of Industrial Properties Corp. will continue tomanage the portfolio of buildings, ranging from 10,000 sf to150,000 sf while turning over the day-to-day leasing reins to aseven-member team led by Robert Lynn principal Mark Miller. "Forus, it's an ideal assignment, right in the middle of our bull'seye," Miller tells GlobeSt.com. "There's a reasonable amount ofvacancy, but not a tremendous amount. It's all very good productand very leasable product."

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Adam Curran, an associate with Dallas-based Robert Lynn, saysthe portfolio's largest open block is 66,240 sf and the smallest,3,700 sf. The assignment's sweet spot is most deals today are lessthan 40,000 sf due to the prevailing economic climate. "Fillingvacancies in an overall sluggish economy will be challenging, butthey're great spaces and they show well so hopefully there won't bea long down time," he says. The industrial mix ranges from $3.75per sf to $6.50 per sf.

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Miller and Curran will oversee four buildings in Garden Brookand North Dallas. Curran also will team with Tyson Erwin to leasesix buildings in Valwood Industrial Park. Rick Medinis and Erwinwill partner on the North Dallas/Fort Worth Airport submarket whileJim Svidron will handle buildings along Shady Trail and theStemmons Freeway submarkets. Craig Jones and Matt Elliott areteaming on the South Dallas buildings.

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"Obviously, there's some work to it," Miller says. And, he addsthat a few buildings might be upgraded, but there's no major workto be done.

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Curran says the team is just now evaluating the lease roll. Somesmaller vacancies have been open awhile, he adds. "It's lookingpretty good. There is good activity on the original vacancies andwe're working a few renewals," Curran says, pointing out theassignment includes build-to-suit land in Valwood and the Texas 121corridor.

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The property roster includes a 103,826-sf office/warehouse at1520 Selene Dr., a 2006 completion and one of the newest in theportfolio. Industrial Properties, now an affiliate of Norwalk,CT-based GE Real Estate, has spent nearly four decades developingand acquiring the mix of buildings.

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"It was pretty competitive," Curran says about the finalface-off for the assignment. "But, what helped us win the businesswas our on the ground market expertise and our longstandingrelationship with Industrial Properties."

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