(To read more on the industrial market, click here.)

DALLAS-Granite Properties, with a hard focus on the future, is scouring the streets for a “known commodity” to lead leasing, support development and investment initiatives for its steadily growing industrial portfolio in Dallas/Fort Worth.

Granite’s top executives already have met with the region’s senior brokers to get input and recommendations. “Ideally, it will be someone who has five to 10 years’ experience who wants to take their career to the next level–a known commodity in the industrial arena,” says Gregory P. Fuller, Granite’s managing director in Dallas. Though the hunt’s just begun, interviews will begin in a few weeks. Fuller tells GlobeSt.com that he wants the industrial leasing manager in place by the second quarter.

Fuller says the time has come to bring leasing in house after three years of working the region’s industrial circuit. The Granite pipeline holds 750,000 sf in various development stages in Fort Worth, Flower Mound and Denton, but the master plan calls for adding four million sf to five million sf of new and existing space in North Texas within five years. “We’re getting closer and closer to purchasing existing product in Dallas,” Fuller says, citing the importance of getting a results-driven exec in place to turn up the heat on the campaign. “We think we can accelerate our program quicker than we could have otherwise.”

The new exec will be tasked with the obvious–leasing vacant space–but also scouting for new development territory and helping to underwrite investment opportunities for existing product. The hire will report to James Kirchhoff, Granite’s office leasing director in North Texas.

Since it started working the local industrial market, the 15-year-old investment group, which until now primarily focused on office properties, has outsourced leasing to industrial teams from CB Richard Ellis Inc., led by Dave Anderson; NAI Robert Lynn, headed up by Rick Medinis; and Stream Realty Partners LP, steered by Chris Jackson. “They’re doing a great job in the leasing,” Fuller emphasizes, “but this will enhance our capabilities on the development and investment fronts.”

Granite’s industrial holdings include two million sf in Houston and one million sf in Atlanta. The Houston package, stretching from the port to the Woodlands, is overseen by industrial business manager Steve Carter, who’s been at the helm for five of the 11 years that Granite’s been developing industrial space in Greater Houston. Among the duties for the new DFW hire will be to assist the Atlanta team with its portfolio.

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