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Larry McCarty joins Welcome Group as Director of Construction. With over 25 years in real estate development and construction, he brings expertise across a diverse set of asset types. Previously at Hines, he successfully managed over 8 million square feet of new development projects, including high-rise offices, life science facilities, retail, and institutional buildings. In his role at Welcome Group, he will lead the construction teams and oversee the execution of all future projects.
James McGuire is an environmental attorney in Holland & Knight’s Public Policy & Regulation Group. Mr. McGuire focuses his practice on a variety of environmental regulatory and compliance issues at the local, state and federal levels. He brings significant experience from his time as a senior attorney and executive at the U.S. Environmental Protection Agency (EPA), and as an environmental attorney in the private sector and at the City of Dallas.
CrossFirst Bank is pleased to announce the promotion of Clayton Conger to Bank President, Dallas. Clayton joined CrossFirst in 2017 and helped open its Dallas location. With over 20 years of banking experience in the Texas region, Clayton has expertise in commercial and real estate lending. “Clayton is an exceptional leader with a proven record of building empowered teams that provide extraordinary service to their clients,” shared David Felan, Regional President, Texas. Clayton’s leadership skills, dedication to the Dallas community, and unique depth of banking knowledge make him the ideal candidate to spearhead the Bank’s continued growth and expansion in Texas.
CrossFirst recently announced a transformative partnership with Busey Bank, creating a premier commercial bank serving clients from 77 locations across 10 states with combined total assets of approximately $20 billion, $17 billion in total deposits, $15 billion in total loans and $14 billion in wealth assets under care.
CP Group announced that Christopher “Tex” Cauthen has joined the firm as Senior Vice President. He will be based in Dallas and lead CP Group’s acquisitions, developments and operations in key Southwest markets, including Texas, Colorado and Arizona.
Cauthen brings over two decades of leadership and industry expertise to the organization, with a proven track record in acquisitions, asset management, capital markets and development.
As CP Group grows and diversifies its portfolio, Cauthen’s role as Senior Vice President and market lead will play an integral role in expanding the firm’s footprint throughout the Southwest region. He will also oversee Granite Tower, a 600,000-square-foot, 31-floor office building that marked CP Group’s entry into the Denver market in 2021.
Cauthen joins CP Group from Harwood International in Dallas, where he served as Vice President of Acquisitions and Capital Markets. During his tenure there, he closed $900 million in transactions and oversaw a portfolio of more than two million square feet of existing Class AA office space as well as a four-million-square-foot development pipeline. Previously, Cauthen also served as Executive Director and National Office Practices Leader at Cushman & Wakefield, leading strategic initiatives, transactional activities and production efforts.
Lee & Associates closed the lease of a 103,870-square-foot distribution center at 21208 Kraus Loop in the Pinnacle Industry Center in Laredo, Texas.
Buckland Global Trade Services, a freight transportation company, will occupy the entire building.
The newly built distribution center sits on 7.35 acres and features a 32-foot clear height along with EV charging stations for both trucks and vehicles.
Enrique Volkmer of Lee & Associates — Houston represented the tenant in this transaction.
Dallas-based Apricus Realty Capital acquired an industrial outdoor storage property in a sale-leaseback transaction with Box Gang Manufacturing, a producer of specialized container solutions.
The property, located in Houston, serves as a critical operational facility for Box Gang Manufacturing. The sale-leaseback structure enables the company to unlock capital while maintaining long-term operational continuity at the site.
Apricus acquired the property in a programmatic joint venture with ABR Capital. Apricus Managing Principal Matt Haley, Vice Presidents Garrett Marler and Cort Martin led the acquisition for the joint venture. Mohr Partners’ Nathan Mai and Carlton Anderson represented the joint venture in the transaction. CW Sheehan, Peyton Ackerman and Nate Henderson of JLL represented the joint venture in the procurement of debt financing.
The 11-acre property features rail service and more than 100,000 square feet spread across multiple buildings.
The investment further enhances Apricus Realty Capital’s presence in the industrial sector, which continues to see strong demand from users and investors alike, Marler added.
Box Gang Manufacturing, known for its innovative solutions in the container manufacturing industry, will continue to operate from the facility under a long-term lease agreement, ensuring uninterrupted business operations.