John Hoctor, previously Dallas leader for Triad Properties Corp.of Huntsville, AL, has joined with Holt's Reid Caldwell, who agreedto share his title with a longtime business associate to make thedeal happen. Hoctor, one of several brokers under consideration forthe job, made the change in recent weeks.

"His skill set and character really fit well with the HoltCos.," Caldwell says. About 3.5 years ago, Caldwell came on boardto steer a plan to beef up third-party contracts for officeproduct, starting with a 400,000-sf.package that's now up to 1.7million sf. Talks are now underway to take the total to 2.3 millionsf, he says, crediting Hoctor's transition with the extraassignments.

Hoctor was Triad's Dallas leader for five years, confronting thehard times along with the good as a performing portfolio evolvedinto a fiscal strain due to large move-outs in some of the toughestleasing times that the metroplex has seen. As a result, Triad'sholding title to just one building in town. But that, Hoctor says,wasn't the impetus for the job change as much as the opportunity toteam again with Caldwell five years after they left Insignia/ESGand renew the partnership at a firm with sights set on expansion inTexas. Both sides of the fence say Hoctor's departure wasamicable.