The initial plan for a one-stop leasing shop was changed so that market presence can play into the decision. "We will look at them [CBRE] first," Jake Ragusa, Koll's senior vice president and mastermind of the development, tells GlobeSt.com, but adds that the leasing assignment won't be a given. CBRE does have a presence in each of the targeted 10 Intellicenter markets so it conceivably could end up with the entire 1.5-million-sf assignment, he explains. Dallas-based Koll's JV backer on the highly specialized development is the Newark-headquartered Prudential Real Estate Services.

CBRE was up against several other nationwide brokerage houses for the initial assignments. "We like CB because they have a very strong people in place in all the target markets that we've identified," says Mark Cashman, Koll's senior exec leading negotiations for development sites.

The Dallas building, set to break ground in early to mid-February, will be leased by Dennis Barnes and Randy Cooper. The 200,000-sf project will rise on 14.8 acres in Regent Center in Irving.