Influencers in Industrial 2024 See our picks for 2024. | By GlobeSt.com Staff | September 24, 2024 at 04:21 AM
The industrial asset class has had its challenges as well as its share of sound and growing fundamentals even during the last two years. Still, working in this space is not always easy as it requires a mix of skill, industry knowledge, contacts and confidence in future growth. We have selected the men, women, teams and companies best suited to navigate this environment.
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Cresa managing principal Jim Hazard has more than 21 years of expertise including portfolio strategy, site selection and analysis, lease negotiation and restructure, acquisition and disposition, and investment sale for private and public clients.
A subject matter expert in the industrial real estate sector, Hazard developed a unique expertise in rail-served real estate and co-created a specialized service offering for manifest and intermodal users. He has been at the forefront of leveraging demographics, labor data analytics, network optimization, incentives programs, and the latest technologies to guide site selection and business decision-making strategies to optimize the 'why' of a commercial real estate investment.
Focused on lowering the total cost of occupancy and driving revenue, he has developed proprietary platforms to access, assess and harness the power of data industrial real estate. Hazard's career highlights include representing UPS on more than two million square feet of transactions; DW Distribution on more than one million square feet across Texas; and Maxim Integrated on a 457,097-square-foot campus sale.
As the youngest executive on Cresa's Dallas leadership team, Hazard coaches young brokers and is committed to equality in the workplace. He has become a consistent top producer year after year, earning a top-five rank in the Dallas office for more than five years in a row. In the past three years, he reached a total of nearly 16.5 million square feet of total production, and his efforts earned him the company's Chairman's Award, the highest top-producer designation across the Cresa organization, for two consecutive years.