NAIOP Fetes Hillwood as Developer of Year

The annual honor is accorded for community service as well as volume. Last year, Hillwood's efforts in the community service line included raising $30,000 at a silent auction and 39,000 pounds of food for the Tarrant Area Food Bank. Bill Walker, community relations director for Hillwood Properties Group, was named Texas volunteer of the year by the non-profit "Communities and Schools" organization while the team at large staffed a drive for needy newborns at Parkland Hospital and participated in a raffle to benefit abused and neglected children.

"Hillwood is a fine choice. They are a highly thought of organization," Bill Vanderstraaten, managing director for CarrAmerica Realty Corp.'s Dallas office and head of the 2003 NAIOP chapter, tells GlobeSt.com of the selection. The 200-member chapter's annual presentation was held at the Westin Galleria in North Dallas, with Mayor Laura Miller delivering the 2003 "state of the city" address as keynote speaker. Next month, the top office and industrial brokers will be named.

Last year was a very good year for Hillwood, which also took the NAIOP honor in 1996. In bucking the 2002 economy, the developer brought six buildings to the marketplace. The first leg to a three-building project, Lakeside Trade Center, began with a 600,200-sf building now fully leased to Maytag and Best Buy. In AllianceTexas, a 756,000-sf structure rose in the Roanoke section with Ryder Logistics as the tenant while 670,000 sf, with General Mills Corp. as the taker, went up in the Fort Worth section of the 15,000-acre development. The year ended with the announcement that three spec buildings, totaling 991,100 sf, had kicked off in Flower Mound and Hillwood's AllianceTexas homeport.