The first set was turned over two weeks ago in a decision by Dallas-based NeXcomm Capital Partners to go to third-party leasing and management for its 1.6-million-sf Infomart at 1950 N. Stemmons Freeway. Industry sources have confirmed the second set comes Nov. 1 in a double deal for leasing and property management of 1700 Pacific Ave., a 1.3-million-sf high-rise in the city's core.
None of the principals will talk about the decision by BetaWest Real Estate Asset Services of Denver to pull 1700 Pacific's leasing and management contracts from Atlanta-based Cousins Properties Inc.'s Texas operation, which hired Eric Rutledge away from Trammell Crow in fall 2001 and slid him in as vice president in charge of leasing for the Dallas CBD landmark. It doesn't take comment, though, to know that it was a highly chased contract by the brokerage community.
Cousins isn't discussing the changing of the guard, even though building assignments are trading with as much regularity as execs as companies and owners look for fresh blood in today's tough office environment. BetaWest did not return telephone calls before press time.
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