About Hughes Commercial

Craig Hughes formed HUGHES COMMERCIAL Real Estate and Development, LLC on January 4, 2010, a full service real estate brokerage and development company. Mr. Hughes’ first project was 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 the state of the art designed music school was completed in July 2010.

Mr. Hughes represented Sabre Industries, Inc. on a multi-state site selection search for their second $20 million steel fabrication and manufacturing plant for their power transmission pole division. Settling on Sioux City, Iowa, Mr. Hughes teamed with Rick Hughes, Cushman & Wakefield, to negotiate a comprehensive economic incentive package with the State of Iowa and the City of Sioux City to provide for 150 acres of land and other incentives for the construction of a 300,000 SF, multi-building manufacturing campus. Breaking ground on June 6, 2012, Mr. Hughes was integrally involved with all aspects of the development including the design of the facility, selection of the construction Team, entitlement of the land, oversight and coordination of the development process and communication with management and management’s counsel. The development is scheduled for completion in the first quarter of 2013.

Hughes Commercial, announced the first industrial development in HRH Hillsboro Partners’ 78 acre master planned Hillsboro Rail Park. The first client in this 1,500,000 square foot rail served park will be Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway Company. Hughes Commercial partnered with Peinado Construction, Alliance Architects, Kimley-Horn Engineers and Via Rail Engineering on a 418,548 square foot rail served manufacturing facility for Johns Manville’s newest polyiso production plant in Hillsboro, Texas. The development is expected to break ground in April 2020 with final completion projected to be First Quarter 2021. Hughes Commercial will be developing two more rail served industrial facilities in the Park.

Since forming HUGHES COMMERCIAL Mr. Hughes has represented various tenants and landlords in 41 real estate transactions totaling over 2.3 million square feet and over $73 million in consideration including Android Industries in leases totaling 721,900 square feet and Daikin (AC) Americas in leases totaling 113,593 square feet.

Prior to forming his own real estate company, Craig Hughes served as Director with Cushman & Wakefield of Texas, Inc.’s (C&W) Industrial Brokerage Services Group, specializing in the development, leasing and sales of industrial real estate properties, representing both landlords and tenants. Mr. Hughes possesses more than 25 years of Dallas/Fort Worth commercial real estate experience. As of November 30, 2012, he has closed over 270 commercial real estate transactions totaling over 9.7 million square feet, with an aggregate consideration of more than $245 million.

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.

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. Mr. Hughes is very active in the Boy Scouts of America currently serving as Assistant Scoutmaster for Troop 999 in Plano, Texas.

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