GlobeSt.com EXCLUSIVE: Mercer Crossing Fields New Team

"Wayne is one of the most preeminent brokers in the metroplex. He has a lot going on," John Cook of Regis Property Management, asset manager for the mixed-used development, tells GlobeSt.com. "He was anxious to move on. But, we still look forward to doing deals with Wayne." Swearingen, of late, has been particularly focused on investment sales as he plays matchmaker for buyers and sellers of metroplex properties before they hit the market.

Swearingen took over the Mercer Crossing assignment about a year ago from owner, American Realty Trust Inc. He vacates the duties with one 102,000-sf building fully leased, a twin that is 75% leased and deals undoubtedly in the works for the under-construction 221,000-sf, eight-story office tower. A fourth office building will break ground in the near future on a tract near the intersection of Luna Road and Valley View Lane. To date, construction has been limited to office buildings, but the grand plan also calls for retail and residential to rise at the crossroads of Interstates 35 and 635.

Dale Ray, Capstar's vice president of leasing, and Rodney Helm will spearhead the leasing team. In recent weeks, the well-known Helm quietly left Jones Lang LaSalle's Dallas team and joined the quintet of former JLL brokers who formed Capstar. Dallas-based Capstar's leasing portfolio encompasses more than nine million sf, of which American Realty Trust has a definite presence. Capstar holds the contract for American Realty's Centura Tower along the Dallas North Tollway and its partial holding of Churchill Tower along Coit Road.

"Capstar," Cook emphasizes, "has proven themselves with very strong talent in landlord representation. We feel they bring the synergy and the momentum to represent us best in the submarket.