Changemakers at three DFW firms are transforming the business—and gaining market share.
Running a commercial real estate firm in Dallas-Fort Worth is not for the faint of heart. Firms here are at the top of their game, and the competition is fierce. But in a market as big and active as North Texas, there are bountiful opportunities, too. “So much of it comes down to hustle,” says Moody Younger of Younger Partners. “If you have good people and work hard and are honest with clients, you’ll get your share.”
Younger and Kathy Permenter, co-founders of Younger Partners, are part of a new leadership class in Dallas real estate, a group that also includes David Pinsel at Colliers International and Steve Everbach at Cushman & Wakefield of Texas Inc. All have been in their current positions for about two years. Younger and Permenter run their own shop; Pinsel and Everbach were both brought in to turn around the DFW offices of their respective companies. All have proven they have the mettle it takes to compete. Here are some of their strategies.
Younger Partners will handle leasing for the new office facility, as well as build-to-suit projects. Moody Younger said market conditions favor the Cypress Waters development, and cited the project’s freeway access, proximity to Dallas/Fort Worth International Airport, and amenities like a 362-acre lake as key lures.
“There are limited big-block vacancies, and transaction momentum increases daily,” he said. “I expect this combination to result in rapid lease-up.”
Moody Younger of Younger Partners and Scott Jessen with Citadel Partners at D CEO’s networking event for contributing editors at the Tower at CityPlace.
Congratulations to Sean Dalton of Younger Partners named one of four finalists for NTCAR’s 2012 Young Citizen Award. NTCAR’s Young Citizen Award recognizes an outstanding young professional who, through industry participation, volunteerism, and charity “contribute to the betterment of the commercial real estate community and society as a hole.” RealPoints – NTCAR Names Stemmons Service Award and Young Citizen Award Finalists for 2012