A DFW industrial market pro has joined Bradford Cos. to oversee the DFW Airport submarket, Behringer Harvard taps an industry exec to launch its net-lease investments program, and Cresa Dallas expands its tenant rep team, all in this week’s Personnel Moves.
• Brock Wilson has joined Bradford Cos. as senior vice president and managing partner. He will oversee the DFW Airport submarket, including marketing and leasing the firm’s industrial/flex portfolio, as well as new business development, tenant representation, and real estate brokerage.
Wilson previously served as senior vice president for both Grubb & Ellis and First Industrial Realty Trust, where he oversaw 25 million square feet of industrial space and more than 3,000 acres of developable property. He’s a graduate of the University of Texas at Austin.
• Behringer Harvard has tapped Brad Watt to serve as executive vice president of net lease investments. He’ll be primarily responsible for arranging and distributing a series of high-quality 1031 Delaware Statutory Trust and other private real estate wealth management programs that focus on generating high levels of enhanced fixed income and tax efficiency. The wealth management and 1031 exchange programs will be offered by Behringer Harvard in combination with the company’s other alternative investment programs.
“Investor interest in 1031 exchange programs has resurged in the last year as investors search for high-quality investment solutions that focus on capital preservation and repeatable cash distributions,” said Frank Muller, executive vice president and head of distribution for Behringer Harvard, in a statement. “We believe that adding a net-lease strategy to our alternative investment programs is a logical extension of our existing investment management business.”
Watt has more than 25 years of experience in structuring, marketing, and managing real estate investment programs, totaling more than $4 billion in asset value. Before joining Behringer Harvard, he served in an executive role with a national single-tenant developer as well as three nationally recognized real estate investment sponsors and investment advisors. In addition, he has served as general partner and principal in a series of private placement equity offerings, specializing in merchant banking and sale-leaseback financing.
• Graham Powell has joined Cresa Dallas‘ tenant representation and corporate services group as advisor. Powell previously was with Cousins Properties, where he worked on marketing and transactions and also had technical and operational responsibilities. Prior to that he interned with BOKA Powell. He holds a bachelor’s degree in real estate finance from Southern Methodist University.