DALLAS-Picking up a gauntlet to return to brokerage, the five-year president of Argent Property Co. has seized a managing partner and principal role with GVA Cawley. The task at hand is to set up and lead a full-service industrial division.
"This is a brand-new ballgame for Cawley," Terry Darrow, the newest team member for the firm's Dallas halls, tells GlobeSt.com. "It will be very clear if I'm successful."
Darrow, rising in the past 32 years into one of Dallas/Fort Worth's leading figures, intends to dust off his black book of brokerage contacts after spending five years on the development side of the business. By yearend, he hopes to have seven to 10 industrial brokers on board for the division as well as the first project on the drawing board. The new job already has taken him on several trips in recent days to tour Cawley's in- and out-of-state industrial land holdings "to see if any are mature enough to move along," he says.
Darrow, who's soloing for now, says Cawley's launch of an industrial division has been discussed off and on for years. "The timing is appropriate," he says. "It gives me the opportunity to do the brokerage side and the industrial development side...the whole shooting match."
Darrow's longtime friend, C.E. Cornutt, Argent's CEO, says he's not yet identified a replacement, but will tap Thomas O'Dwyer, vice president of marketing, to assume some extra duties for the near term. "Terry made a big contribution to our company. He wants to do brokerage again. They guy's got a tremendous passion for the business," Cornutt says. "It's all about doing what you want to do." And, he hints, Argent clearly could reap some reward from Darrow's new group. "I think there's some synergy there to be made with the two," he says.
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