DALLAS-After more than two yearstrying his luck as owner of an industrial real estate investmentfirm, Randy Baird has joined the local office of Holliday FenoglioFowler to return to brokerage. He has been named as a seniormanaging director in the investment sales group, and will alsoassume a national guidance role.

Baird was previously a managing partner at Baird FitzgeraldPartners, but he says his love of brokerage, from 13 years with CBRichard Ellis and Cushman & Wakefield, pulled him back in. “Ireally missed brokerage, I realized it is really my passion,” hetells GlobeSt.com. During his career, Baird has been involved inthe sale of more than 350 million square feet of industrial realestate, totaling $16 billion in transaction value.

He says though market fundamentals are still down, Texas isstill one of the biggest national markets with Dallas-Ft. Worth andHouston. “Seller expectations seem to be getting much more inalignment with buyers’ expectations, at least compared with thepast couple of years,” Baird says. “I’ve seen capital coming backinto the market. I wouldn’t call it robust yet, but it does feellike it’s heading in that direction at a pretty good pace.”