News Article | 1/9/2008

Hillwood Puts New VP at Helm of 9M SF Plus

DALLAS-Gaming out its plan for this year, Hillwood Investment Properties has hired a vice president to oversee an eight-million-sf portfolio in North Texas and 853,000-sf start to a seven-million-sf development in Southaven, MS.

Moving into the newly created position is Toby Rogers, who was groomed in the Trammell Crow Co. ranks and subsequently became a vice president at CB Richard Ellis, which historically doesn’t comment on personnel departures. Rogers tells that the biggest challenge is “getting ramped up in the two markets and learning the way Hillwood does business.”

Rogers, who’s marking his fifth year in the business, is taking over duties previously shared by senior vice president Dan Tatsch and vice president T. Preston Herold. With the change, Tatsch will be concentrating on development and land acquisitions while Herold will focus on a new market that Hillwood has in its sights.

Rogers, who started one week ago, has hit the ground running on “several large deals” that are working in his territories. In North Texas, he is responsible for all industrial space outside the 17,000-acre AllianceTexas lines.

Rogers’ territory includes Lakeside Trade Center 4 and 5, 333,372 sf and 557,000 sf, respectively in Flower Mound, and the 556,664-sf Crossroads Trade Center at 1221 Centre Park Blvd. in DeSoto, TX, which recently landed a 350,150-sf tenant. In Mississippi, Rogers is facing a 301,000-sf opening in a 552,000-sf warehouse and 165,000-sf vacancy in a 301,000-sf spec project in DeSoto Trade Center, where the developer has 675 acres to build 10 buildings.