Craig Hughes

Specializing in robust manufacturing build-to-suit facilities including rail served, crane served and freezer / cooler
Managing PrincipalLicense# 604944
Hughes Commercial Real Estate and DevelopmentPlano, TX (214) 543-3821
ABOUT

Craig Hughes formed HUGHES COMMERCIAL Real Estate and Development, LLC on January 4, 2010, a full service commercial real estate brokerage and development company. Mr. Hughes possesses more than 24 years of commercial real estate experience. As of December 31, 2010, he has closed 243 transactions totaling 8.9 million square feet, with an aggregate consideration of more than $190 million. Mr. Hughes’ first project for his new company is a build-to-suit for the Music Institute of North Texas in Frisco, Texas. Ground breaking on this 4,550 square foot facility occurred in January 2010 and was complete in July 2010. During 2010 Mr. Hughes completed 12 transactions totaling 1,398,493 square feet with an aggregate consideration of $17,578,591 including representing Android Industries in a 721,900 SF tenant representation assignment in Arlington, Texas. Prior to forming his own real estate company, Craig Hughes served six years as Director with Cushman & Wakefield of Texas, Inc.’s (C&W) Brokerage Services Group, specializing in the development, leasing and sales of real estate properties, representing both landlords and tenants. During his tenure with C&W, Mr. Hughes was integrally involved in over $100 million of industrial development projects including a build to suit for Sikorsky Aircraft Corporation in DFW Airport, Texas ($13 million - 2008), a two phase build to suit for Sabre Industries, Inc. in Alvarado, Texas ($15 million - Phase I 2007 and $15 million - Phase II 2008), two speculative developments for Bandera Ventures / Crow Holdings in DFW Airport ($14 million - 2004 and $10 million in 2005), a speculative development for IWC, LLC in Wilmer, Texas ($18 million - 2007), a speculative development for Crow Holdings Industrial in Grand Prairie, Texas ($14 million) among other smaller development projects around the Metroplex. Mr. Hughes was also instrumental in helping his clients dispose of excess industrial real estate having sold 15 former manufacturing plants, distribution facilities and excess land holdings generating proceeds of approximately $25 million over six years. Prior to joining C&W in 2003, Mr. Hughes began his real estate career in 1987 with Trammell Crow Company, where he oversaw a portfolio of 33 million square feet of industrial real estate. After being promoted to Division Controller, Mr. Hughes was responsible for all aspects of accounting and finance for the Dallas Industrial Division. In 1994, he worked as a consultant for the Trammell Crow family assisting in the management of various investments held by the family including commercial real estate, hotel development and management, farming and the Lone Star Park race track. In 1996, Mr. Hughes joined Phoenix Property Company as Controller and actively participated in the planning, financing and development of a $212 million multi-family real estate portfolio. In 1999, Mr. Hughes joined The Holt Companies as a Marketing Director responsible for project leasing. During his tenure, Mr. Hughes helped secure third-party leasing and management assignments, growing the company from 12 million square feet to more than 28 million square feet. Mr. Hughes was perennially a Top Producer with the company. Mr. Hughes earned a Bachelor of Business Administration in accounting from Texas A&M University, and successfully completed the requirements for CPA certification. Prior to beginning his real estate career, Mr. Hughes was an auditor in Coopers & Lybrand’s Dallas office. In 2004, Mr. Hughes was finalist for the Dallas Business Journal’s Best Headquarters/Campus Move for the Daikin A/C Headquarters relocation in Carrollton, Texas. Mr. Hughes was a Dallas Business Journal Heavy Hitter in 2008. In 2008 Mr. Hughes was a Cushman & Wakefield Dallas Office Top 10 Producer and a Cushman & Wakefield Top 50 National Industrial Producer. Mr. Hughes is a long time member of the St. Andrew’s United Methodist Church and a member of the North Texas Commercial Association of Realtors. He is an Assistant Scoutmaster with the Boy Scouts of America’s Troop 999 in Plano, Texas. BUSINESS RELATIONSHIPS: Bandera Ventures, Ltd. Tom Leiser, Partner 214-378-8200 Industrial Works Management, LLC Stephen Sanders, Principal 214-393-7911 Crow Holdings Industrial Will Mundinger 214-661-8341 Sabre Industries, Inc. Jim Mack, President & CEO 267-263-1310 Crow Holdings Dan Feeney, Managing Director 214-661-8135 Cushman & Wakefield Liz Trocchio, Executive Managing Director 972-663-9630 USAA Real Estate Lange Allen, Asset Manager 212-641-8428 Principal Global Investors Jeff Menz 515-235-1604

  • Specialties
    Landlord Rep (Full Service)
  • Markets
    Dallas/Ft Worth
  • Property Types
    Industrial, Land, Retail, Flex
  • Websites
  • Company Website
    Visit Site
  • Education
    Texas A&M University


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