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Capital Markets 101

Development, Investment & Acquisitions Deep Dive

Michele Wheeler

Michele Wheeler

President and Chief Operating Officer

Jackson-Shaw

Rob Huthnance

Rob Huthnance

Partner

CT Realty

Denton Walker

Denton Walker

Regional Partner

Transwestern

Tom Fishman

Tom Fishman

EVP, Acquisitions and Dispositions

Hillwood Properties

Jack Fraker
Moderator

Jack Fraker

President, Global Head of Industrial and Logistics

Newmark

Michele Wheeler

President and Chief Operating Officer

Jackson-Shaw

Ms. Wheeler serves in leadership roles for a number of national professional organizations. In 2018 she will serve as president of the National Association of Industrial and Office Professionals. She is also a National Product Council Chair for the Urban Land Institute. She serves on the Advisory Boards of The Real Estate Council (TREC) and TREC Foundation. Ms. Wheeler was the 2009 chair of TREC, the first woman to hold that designation. She is also a member of Commercial Real Estate Women, the American Institute of Certified Public Accountants and the Real Estate Financial Executives Association. She serves on the boards of the Jackson-Shaw Foundation, Boys & Girls Clubs of Greater Dallas and Circle of Support.

A graduate of Stephen F. Austin State University with a BBA in Marketing and Management, she has pursued graduate studies at the University of Texas at Dallas in Accounting and is a Certified Public Accountant. In 2015 Ms. Wheeler was named both Consumer Credit Counseling Financial Literacy Champion and Dallas Business Journal Outstanding Director for a nonprofit. In 2012 she received the Individual Award for Career Advancement for Women from CREW Dallas. In 2009 the Dallas Business Journal named her CFO of the Year, and in 2006 she received the Outstanding Achievement Award from CREW Dallas.

Rob Huthnance

Partner

CT Realty

Rob Huthnance is responsible for leading the company’s overall East Coast business development as well as overseeing the day-to-day operations of CT’s development initiatives in the East.

Formerly, Mr. Huthnance served as a senior officer at Prologis where he had overall market and capital development responsibilities throughout the state of Texas and border markets in Mexico.

Mr. Huthnance was president of the North Texas Chapter of the National Association of Industrial and Office Properties (NAIOP) and is a member of the Salesmanship Club of Dallas.

A Dallas native, Mr. Huthnance earned a Bachelor of Arts in economics from the University of Texas. He resides in Dallas with his family.

Denton Walker

Regional Partner

Transwestern

CRE veteran Denton Walker joined Transwestern Development Co. (TDC), taking on the role of Regional Partner for the company’s National Logistics Group. Prior, Walker spent 30 years at Trammell Crow Co. (TCC). In his role at Transwestern, Walker is responsible for logistics development projects throughout the Southwest, with a focus on Texas. He operates out of Transwestern’s Dallas office.

Tom Fishman

EVP, Acquisitions and Dispositions

Hillwood Properties

In this role, Tom leads the team charged with acquisitions and

dispositions of industrial properties in target markets across the United

States and Canada. He plays a vital role at Hillwood by working closely

with Hillwood’s CEO and President to make strategic financing

decisions.

Before joining Hillwood, Tom was a Partner at Cobalt Capital Partners,

which was acquired by Colony Capital in 2013. At Cobalt, he oversaw

acquisitions, dispositions, and financing for the private equity firm

specializing in industrial real estate. Tom started his real estate career

at Trammell Crow Company.

Throughout his 25-year real estate career, Tom has executed $14B of

industrial acquisitions and dispositions totaling 177M SF in the U.S.

and Canada. Additionally, Tom has led the financing efforts of $4B,

involving major life insurance companies and banks. His real estate

expertise also includes asset management and accounting.

Tom has a Bachelor of Accountancy from Ole Miss (University of

Mississippi), and he is an active Texas real estate broker. Tom served

in the U.S. Army National Guard for six years.

Jack Fraker

Moderator

Newmark

Jack Fraker, based in Dallas, Texas, is Newmark’s President and Global Head of Industrial and Logistics, Capital Markets. Fraker is responsible for driving all segments of industrial business, specializing in investment property sales and tenant representation.

Throughout his 35-year career, Fraker has been a consistent top national producer in industrial investment sales, representing some of the country’s largest corporations, global investors, pension fund advisors and REITs. Not including his participation in a larger team, Fraker has personally completed industrial capital markets transactions totaling 1.5 billion square feet and $85 billion in more than 60 U.S. cities, Mexico, Europe, Japan and South America, as well as approximately 12,000 acres of development site transactions.

Before joining Newmark, Dallas-based Fraker worked at CBRE for nearly two decades—most recently as Vice Chairman, Managing Director and head of Global Industrial and Logistics. Fraker also previously served as an Executive Vice President in Cushman & Wakefield’s Capital Markets practice and held a position on the board of directors.

Trends Shaping The Industry

Trends Shaping The Industry: Cold-Storage, Supply Chain, Logistics & New Frontiers in Growth

Jeff Thornton

Jeff Thornton

EVP

CenterPoint Properties

Al Sorrels

Al Sorrels

SVP

Majestic Realty Co.

Jacob Milligan

Jacob Milligan

SVP, Head of Operations - Central Region

Prologis

Kyle Waldrep

Kyle Waldrep

Founder & CEO

Dottid

Paul Little

Paul Little

CEO

Alston Construction

Lathram Pou
Moderator

Lathram Pou

President

National Title Group

Al Sorrels

SVP

Majestic Realty Co.

Al Sorrels joined Majestic Realty Co. in 2005 as Vice President, Director of Development and is responsible for identifying and pursuing land acquisitions, development opportunities and leasing in the Texas marketplace.

Al has worked in the Dallas industrial market for more than 20 years, including affiliations with Panattoni Development and Trammell Crow Company. During that time, he has been instrumental in the development and leasing of more than 10 million square feet of property.

Al serves on the Board of the National Association of Industrial and Office Properties (NAIOP) and holds affiliations with the North Texas Commercial Association of Realtors & Real Estate Professionals (NTCAR) and The Real Estate Council (TREC).

A graduate of Southern Methodist University, he earned a bachelor’s degree in Real Estate Finance and M.B.A. with a concentration in Finance.

Jacob Milligan

SVP, Head of Operations - Central Region

Prologis

Jacob Milligan, senior vice president, head of operations for the Central Region, is responsible for the strategic planning, overseeing all leasing and operating metrics, coordinating the region’s disposition strategy, and managing the region’s operations team of approximately 160 employees. The Central Region is comprised of 275 million square feet including Austin, Chicago, Cincinnati, Columbus, Dallas, Houston, Indianapolis, Louisville, Nashville and San Antonio.

Previously, Mr. Milligan was senior vice president, market officer in Dallas. In this capacity, he oversaw all operational activities for the Dallas/Fort Worth portfolio including strategy, leasing and property management. Since joining Prologis in 2008, he has been located and responsible for the marketing of Prologis assets in multiple markets, including Dallas, Memphis, and Houston.

Mr. Milligan received his masters and undergraduate degrees from Texas A&M University.

Kyle Waldrep

Founder & CEO

Dottid

Kyle Waldrep is the Founder and CEO of Dottid, a commercial real

estate (CRE) SAAS technology platform that provides a single location for

brokers, landlords and tenants to share information, work seamlessly

throughout the leasing process and ultimately, close deals faster and with

greater efficiency. Kyle founded Dottid soon after graduating from Southern

Methodist University, when he realized that the CRE leasing process was

highly antiquated and mired in administrative tasks that could be easily solved

with the right technology.

In just three years, Kyle has built a team of world class software

developers, technologists and industry experts, all determined to develop the

most effective way for the commercial real estate industry to conduct

business. Dottid a venture backed startup has raised almost $5MM from some

of the most prominent leaders and advisors with unmatched CRE experience.

In many ways this team symbolizes the shift from the traditional CRE

transactional model to the future of where the industry is headed.

Kyle currently sits on the boards for Council for Life, serves as a Young

Life Leader and considers giving back to his community as one of his greatest

passions. Besides working to revolutionize the CRE industry, Kyle enjoys

tennis, golf, politics, cooking and attending Watermark Community Church.

Paul Little

CEO

Alston Construction

Paul D. Little serves as Chief Executive Officer of Alston Construction Company

and is a leader in the construction management field. With more than 40 years of

industry knowledge, Paul has hands-on experience in every facet of the business,

ranging from Field Superintendent, Project Manager, Business Development and

Project Executive. Throughout his career, Paul has successfully managed the

construction of several building types. Some of the more notable projects include

the 75 Story Chase Bank Tower in Houston, the Winship Cancer Research Center

in Atlanta and The Lodge at Sea Island, GA.

In 2007, Paul assumed the leadership of Alston Construction and started the

process of growing Alston into a more diversified construction company, by

broadening its client base and expanding the national footprint. Through his

leadership, Alston has learned to embrace change and developed enhanced use

of technology and improved its overall systems and processes. Perhaps more

importantly, he has set a tone for a culture that has helped Alston attract and

retain outstanding staff resources that deliver a level of service that is second to

none.

Paul holds a degree in Architectural Engineering from The University of Texas at

Austin. Throughout his career, he has always found time for family and community

service. A resident of Atlanta for more than 30 years, Paul has spent most of his

career shaping the city that he loves with significant contributions to many civic

and charitable organizations. He is also an active member of civic and

organizations including the Buckhead Coalition and NAIOP.

Lathram Pou

Moderator

National Title Group

Lathram Pou is the Managing Partner at National Title Group in Dallas, Texas.

He began his Title career with the parent company, The Settle Firm. Lathram trained at the Settle Firm's

Preston Center office in Dallas and then quickly moved to his current office north of Downtown Dallas.

He helped develop a team that now consists of approximately 70 employees across three offices.

As Managing Partner, Lathram is responsible for the company's vision, development, and sustainability.

His method has been to concentrate on his peers and their clients. With a strong team, Lathram

believes, a company's true driver is happiness and motivation. Consequently, it results in excellent

customer interaction and attention.

Lathram oversaw the transition from LandAmerica to Fidelity for The Settle Firm and was able to do so

and ensure that every file was closed as if there were no transition. His relationships and patience have

helped the company grow over 400% throughout the last 15 years.

When Lathram is not leading the business, he teaches CE client courses and provides the entire NTG

team with a constant level of hands-on assistance. Lathram has been a member of various industry

groups and is proud of charitable focuses including, The Touchdown Club and The Rise School of Dallas.

Location, Location, Location

Where is smart money investing?

Daniel Goff

Daniel Goff

Head of Policy

Kodiak Robotics

Michael Rader

Michael Rader

President

Prime45 Development

Aaron Evans

Aaron Evans

Senior Director of Economic Development

Union Pacific

Guy Brown

Guy Brown

Executive Director

Hutchins EDC

Karl Stundins

Karl Stundins

Research & Business Development Manager

City of Lancaster, TX

Moderator

Daniel Goff

Head of Policy

Kodiak Robotics

Daniel Goff is Head of Policy at Kodiak Robotics. Daniel joined Kodiak after spending almost four years as a Managing Director at Tusk Strategies, a boutique consulting firm that advises technology startups on media and policy issues. At Tusk, Daniel focused on the transportation and healthcare industries, and ran campaigns in over 15 states. Prior to joining Tusk, Daniel was Deputy Director of the Illinois Department of Commerce and Economic Opportunity (DCEO), responsible for the Office of Trade and Investment. Daniel earned his MBA from the University of Chicago Booth School of Business, and his Bachelor of Arts from Yale University.

Michael Rader

President

Prime45 Development

Mr. Rader has been involved in ownership and development of real estate for

twenty-five years. Activities have included assemblage of property, creation of a

number of investment partnerships, and development of property ranging from land

infrastructure to building improvements. Mr. Rader performs general manager

functions of the partnerships in addition to property management, development

and marketing of the various assets. These activities have involved working closely

with local governments, obtaining incentives for job creation, and development of

property.

Mr. Rader has been involved in Southern Dallas County since 1984 attempting to

bring development to the Interstate 45 area. In 2004 Union Pacific Railroad agreed

to locate a $100 million Intermodal facility on Interstate 45 in the cities of Hutchins

and Wilmer completing a seven-year effort by Mr. Rader.

Beginning in October 2005 Mr. Rader and partners have assembled 900 acres on

Interstate 45 immediately east of the Union Pacific Dallas Intermodal Terminal. This

project is named Sunridge Business Park and is projected to have 8 million square

of industrial buildings and 60 acres of commercial/retail businesses when

completed. In December 2011 Mr. Rader assembled investors and acquired 2,300

acres in the cities of Hutchins, Lancaster and Wilmer subsequently acquiring an

additional 700 acres and began developing a 3,000-acre rail served industrial park,

Prime Pointe, providing sites for manufacturing, distribution/warehouse, and

technology. Prime Pointe is a premier rail served industrial park with a number of

rail served sites available. This 20-year project is expected to create multibillion

dollars of private investment in the Wilmer Hutchins Lancaster cities of Southern

Dallas County.

The Union Pacific Intermodal Terminal led to creation of 75,000-acre Dallas County

Inland Port. Mr Rader initiated the Dallas County Inland Port Infrastructure

Analysis completed in November 2012. This three-year study managed by North

Central Texas Council of Governments with Dallas County and cities of Dallas,

Lancaster, Hutchins and Wilmer participating identified existing infrastructure and

what new infrastructure was needed for year 2035. This analysis has seen new

roads, water, and wastewater improvements come to reality. Dallas County Inland

Port includes cities of Dallas, Hutchins, Lancaster, Wilmer and Desoto and is now

one of the fastest growing industrial areas in the United States.

Aaron Evans

Senior Director of Economic Development

Union Pacific

Aaron G Evans, Senior Director of Economic Development, joined Union Pacific in 1995 and has held positions of increasing responsibility in the areas of Information Technology, Marketing/Sales and Workforce Resources. In his current position he is responsible for economic development for the 23 states that Union Pacific operates in. In addition to overseeing the administration staff for Union Pacific’s Network and Industrial Development team, which is responsible for locating new and existing customer in new locations on the Union Pacific network.

His community involvement includes board memberships at Nelson Mandela Elementary School. In addition he has served as President and various other capacities of the Union Pacific’s Black Employee Network (BEN), U.P.’s employee resource group focused on recruiting, retaining, and promoting African Americans within Union Pacific Corporation.

Evans received a Bachelor of Science Degree in Business Administration, with an emphasis in Computer Informational Processing from Southern Illinois University in Carbondale, Illinois. Aaron is married to Taina Evans, they have two daughters, two sons and 3 grandchildren.

Attachments area

Updated.Done.Got it.

Guy Brown

Executive Director

Hutchins EDC

Guy Brown began working with the City of Hutchins in 1996. In addition to his economic development duties, Guy was Hutchins City Manager from 2014 – 2016. During his career, he has also served as Executive Director of the Sachse and Corinth Economic Development Corporations.

Guy has been responsible for the location of over 14 Million Square Feet of industrial and commercial space and 3000 direct jobs in Hutchins including: Union Pacific Dallas Intermodal Terminal, FedEx Ground Distribution Center, American Standard, Hobby Lobby Distribution, Shippers Warehouse I & II, Biagi Beverage Distribution, Core5, Kateon Natie and Georgia Pacific.

Guy has a Bachelors degree in Mass Communications from Midwestern State University. He is a Certified Economic Developer, Certified Public Manager and a graduate of the Economic Development Institute.

Karl Stundins

Research & Business Development Manager

City of Lancaster, TX

Economic Development Professional with 20+ years of experience, with an MBA (Drake University),

Master’s Degree in Urban & Regional Planning (University of Iowa); BA in Public Administration (Drake

University). Experience includes:

 Research & Business Development Manager (City of Lancaster)

 Area Redevelopment Manager (City of Dallas)

 Heritage Foundation Director (Grapevine, Texas)

 Additional assignments with City of Plano (Planning); City of Wichita Falls (Planning); City

of Des Moines (Economic Development/Planning); City of Iowa City (Planning)

Currently part of Economic Development team that successfully attracted over 3.3 million square feet of

industrial space and a variety of businesses to Lancaster, Texas.

Previously, managed Dallas Tax Increment Financing program for over 20 years. Success at identifying

areas with high redevelopment potential, developing a redevelopment plan specific to the area and

implementing the plan. During tenure increased TIF revenues from less than $100,000 to over $50M

annually. Efforts helped increased taxable value in targeted areas by over $10.3B.

Examples of successful projects include:

 Conversion of approximately 13M square feet of vacant office towers in downtown

Dallas to alternative uses – primarily residential and hotel with ground floor retail

components

 State/Thomas & Cityplace sections of Uptown Dallas – worked to implement strong

design standards and create neighborhoods that were unique in Dallas at the time of

their creation

 Victory Park – worked with development of American Airlines Center and various

iterations of land development around the arena

 Farmers Market – worked extensively on most of the development around the Dallas

Farmers Market and reconfiguration of the market itself

 North Oak Cliff – produced and implemented plan for Oak Cliff Gateway TIF and created

and worked of implementation of plans that led to redevelopment of Davis Avenue

corridor, Bishop Arts District and Ft Worth Avenue corridor

 Deep Ellum – Created plan for Deep Ellum TIF district and worked with developers on its

implementation

 Design District – Worked with developer to structure a plan to convert outdated

warehouse district to unique mixed-use neighborhood.

Recognized expert in Tax Increment Financing in Texas. Speaker on subject at a number of national,

state, local seminars, conferences and webinars including: Urban Land Institute; Railvolution; ICSC;

Texas APA; National Main Street Town Hall; Preservation Dallas; CDFA; NAHRO; Government Finance

Association; University of Texas Arlington Center for Metropolitan Density Roundtable; Texas Public

Finance Organization and participated in Main Street Texas Resource Teams in Laredo and Spur, Texas.

Why This Matters

What You'll Learn: 

  1. How does the design of those facilities differ, and what upgrades can be made to a speculative build to attract specialty end-users without breaking the bank? 

  2. What has made industrial outdoor storage such a hot investment for institutional investors? 

  3. How are the supply chains of logistics occupiers evolving, and what are the implications of those changes for site selection, preparation and development? 

How You'll Do More Business: You'll hear first hand from the top DFW industrial developers and owners on the trends that are transforming industrial real estate, the deals they are investing in and what needs to be done to maintain the DFW momentum. 

Who You'll Meet: Brokers, lenders, developers, property managers, lawyers, general contractors & architects 

What Does Your Ticket Get You: Digital summit tickets include 2 panels of content and access to 3 virtual networking opportunities including direct messaging with other attendees, the ability to request and host video meetings and 3-minute video-enabled speed networking to make deals happen. Unable to attend live? No worries, you will be able to access recordings of all panels for 30 days after the summit.

Agenda

Time Activity
4:30 PM
5:00 PM
Opening Networking

Jump into Bisnow's Digital Summit early to fill out your profile, introduce yourself to fellow attendees and send meeting requests for later in the day. Finished setting up? Click the join button to take part in speed networking. Make sure you're joining on your desktop for the best experience.

5:00 PM
5:45 PM
Capital Markets 101: Development, Investment & Acquisitions Deep Dive

With industrial being such an economic driver, it’s important to understand how deals are really getting done. Join us as we sit down with the biggest names in DFW industrial and discuss everything from sources of capital, the investment opportunities that developers are jumping on, the changing nature of underwriting, the lending market and most importantly, where the money is being made!

5:45 PM
6:30 PM
Trends Shaping The Industry: Cold-Storage, Supply Chain, Logistics & New Frontiers in Growth

Even though DFW had arguably the best industrial outlook going into 2020, the pandemic accelerated the need for industrial properties. With so many deals getting done at such a fast pace, the industry is evolving and adapting to keep up with the growing demand. With this evolution of industrial real estate, we are seeing consumer and tenants demand changing, directly impacting the trends shaping the industry. Whether it’s cold storage, changes in e-commerce, changing tenant demands or the growing popularity of outdoor storage, the industry is changing so you better keep up! Join us and our panel of experts as we discuss the popular trends that are here to stay in 2021.

6:30 PM
7:15 PM
Location, Location, Location: The Booming Dallas Inland Port

Where is smart money investing?

7:15 PM
7:30 PM
Closing Networking

Last chance to share contact information with your connections from the day. Still have more networking in you? Click join for our last speed networking session. Be sure to join on your desktop for the best experience.