Former Trammell Crow exec Denton Walker is the new Transwestern regional partner.
by Steve Brown
One of Texas’ best-known commercial property firms is beefing up its industrial business with the hiring of a new regional partner from a competitor.
Denton Walker is joining Transwestern Development Co. as a regional partner after more than 30 years with developer Trammell Crow Co.
At Transwestern, Walker plans to significantly expand the firm’s logistics and industrial building operations across all of Texas’ major markets.
“It’s the most exciting opportunity in my career in terms of the times we are in,” Walker said. “It was the right time and the right company and the right product type.
“I think industrial is a great opportunity for me,” Walker said. “It also includes the Southwest region — I’m overseeing Houston, Austin, San Antonio and Dallas.”
Transwestern currently has more than 4 million square feet of logistics projects in the pipeline in Dallas, Houston and Austin.
Texas is one of the country’s biggest warehouse and industrial markets.
“There is 30 million square feet of industrial under construction in Dallas-Fort Worth, and more than 20 million square feet under construction in Houston,” Walker said. “A lot of what’s under construction is already spoken for.”
Walker said Transwestern plans to focus on both speculative and build-to-suit logistics projects.
“Transwestern wants to ramp up and do more in the large Texas markets,” he said.
The Houston-based commercial real estate firm recently started more than 800,000 square feet of industrial development in two hometown projects.
And Transwestern just finished the second phase of its 1.6 million-square-foot Park 20/360 industrial park in Arlington.
Transwestern’s National Logistics Group recently added key professionals in six offices around the country.
“We are intentional in recruiting the best professionals in the sector to build on our existing pipeline and capitalize on unique opportunities in the market,” said John Thomas, the Transwestern development managing partner who oversees the National Logistics Group.
Walker was a senior managing director at Trammell Crow Co. Over the years, he worked on industrial, office and retail projects.
Some of the largest projects Walker oversaw included the Legacy Tower office high-rise in Plano’s Legacy business park and the TimberCreek Crossing shopping center on Northwest Highway in Dallas.
“I love Trammell Crow Co. and I always will,” Walker said. “That’s where I started, and I was with them for 30 years.
“Transwestern is giving me the opportunity to go back to my industrial roots.”
– Dallas News