Dan Paterson, President of Swearingen Realty Group (“SRG”), recently celebrated a significant milestone as the company marked its 50th anniversary. Dan’s journey with SRG began in 1985, where he has since dedicated his time, energy, and expertise to managing large corporate real estate portfolios. His focus on delivering cutting-edge, in-house services, such as Lease Administration, Portfolio Management, Quarterly Reporting of Rent Savings/Cost Avoidance, and Construction Management, has been instrumental in SRG’s success.
Under Dan’s leadership, his team has successfully negotiated some of the largest corporate campuses, leases, and acquisitions in the industry. Furthermore, they have secured significant corporate real estate city tax incentives for numerous large corporate headquarters campus transactions across the country. Specializing in National Strategic Exclusive Tenant Representation for retail, office, medical, and industrial clients, SRG continues to thrive under Dan’s guidance.
CORPORATE CAMPUS TRANSACTIONS
Dallas
DSC Communications/Alcatel
- Negotiated to purchase 250 acres, for a $2+ million SF consolidated campus
- Negotiated City Tax Incentives
- Acquired 10+ different tracts with different owners and simultaneously closed in Strict Confidence
Fidelity Investments
- Acquired 320 acres from multiple owners of contiguous tracts
- Initial 700,000 SF Design Build
- 700,000 SF Expansion
- Negotiated City Tax Incentives with Municipality
JC Penney Life Insurance
- Acquired 40 acres of land — Garland, Texas
- Negotiated City’s largest Tax Incentive
- Initial Design Build — 200,000 SF with expansion of 400,000 SF
- Project put on hold after acquisition by AEGON
Nationally
Celestica — Portsmouth, NH
- 206,000 SF Build-to-Suit
- Negotiated BTS with a 56-year Ground Lease
- Negotiated Tax Incentives
- Assisted on Construction
- Negotiated Bond, Net Lease
DSC Communications Corp/Alcatel
- Represented NKT Electronic in Site Search Analysis, 27-acre Acquisition/230,000 SF Design Build in Copenhagen Denmark
- Negotiated 225,000 SF BTS in three 75,000 buildings — Petaluma, CA
Swiss Re Insurance — Fort Wayne, IN
- Negotiated an 80,000 SF Design Build
- Negotiated the City Tax Incentive
- Managed the Construction
Celestica — Foothills Ranch, CA
- 300,000 SF Build-to-Suit
- Represented Celestica — 300,000 SF Design Build — Foothills Ranch
- Construction Management — Negotiated with Municipality Roads and Incentives
Dan oversees the SRG Sales Team and implements key initiatives and training. A frequent recipient of the Dallas Business Journal’s “Heavy Hitter” distinction, Dan is regularly sought out for expert commentary by The Commercial Property News, SW Real Estate, Dallas Business Journal, and Dallas Morning News.
With a strategic focus in managing international corporate real estate portfolios and complex real estate transactions, Dan makes a point of understanding his clients’ current and future business plans. With a strong expertise in space programming and strategic planning, Dan consistently negotiates flexible space/lease options, including expansion, contraction, renewal and cancellation options, he ensures sound, cost-effective transactions with no conflicts involved.
Some of his notable achievements and recognitions include:
- “Heavy Hitters” 1994’s Top Commercial Real Estate Performers Dallas Business Journal
- Tenants Reach Out to Reps as Markets Firm Commercial Property News, 4/16/95
- Purchase of Charles Dunn Co. Seen as Boost to Brokerage, Int?l Skills Commercial Property News, 9/1/95
- Region Sees ‘Healthy’ Lease, Dallas Business Journal, 7/12/96
- Who’s Who in Southwest Real Estate Commercial Property News, 9/1/97
- Trend Watch Commercial Property News, 1/16/93
- Temerlin McClain Narrows Search for New Office Dallas Business Journal, 2/23/98
- Penney Insurance Moving to Garland Dallas Business Journal, 7/31/98
- Fidelity Investments Finalizes Plan for 314-Acre Corporate Campus in Westlake, Texas; Company to
- Develop Campus Environment on Attractive, Wooded Acreage Business Wire,10/8/98
- Real Estate Round Table Dallas Business Journal, 11/13/98
- Good News, Bad News Dallas Business Journal, 11/23/98
- Maxus to Leave for Houston Dallas Business Journal, 11/1/99
- Best Headquarters or Corporate Campus Deal Dallas Business Journal, 2/26/99
- BRET BUNNETT, An accident changed his life, but not his spirit Dallas Morning News, 3/14/99
- Study Predicts Supply will Exceed Demand by up to 7% Dallas Business Journal, 4/5/99
- Interchange Work May Cool LBJ Submarket Dallas Business Journal, 6/14/99
- Blue Cross Selling Unit as Part of Merger Terms Dallas Business Journal, 6/21/99
- Myers & Crow Plans Fourth Freeport Building Dallas Business Journal, 7/5/99
- Who’s Who in the Southwest Commercial Property News, 9/16/99
- Sublease Market Active Dallas Business Journal, 7/7/00
- “Heavy Hitters” 2000’s Top Commercial Real Estate Performers & Top 25 NTCAR Members
- Dallas Business Journal, 4/6/01
- Inside the Community, Dallas Business Journal,
- Tech-driven Versatility, 2005 Dallas Business Journal Special Report/Company Account, 11/1/05
- New owners, new plan for real estate brokerage 7/06/07 Dallas Business Journal, 9/9/07
- “Heavy Hitters” 2008’s Top Commercial Real Estate Performers Dallas Business Journal, 4/11/08
Dan holds a degree in business administration from the University of North Texas and actively contributes to various organizations, serving as a board member of Search Ministries, Collaborate Good, and Fellowship Foundation. Outside of his professional endeavors, Dan cherishes his role as a parent to four children, all of whom graduated from Trinity Christian Academy — Luke ’10, Corrie ’12, Mark ’16, and Matt ’16 — and feels blessed by his three grandchildren. Notably, both Luke and Matt are integral parts of SRG, working closely with their father.
Articles written by Dan include:
- Leases From A Lawn Chair Dallas Business Journal, Real Estate, 9/13/91
- 1996 Broker Face-Off, North Texas Commercial Assoc. of Realtors
- Broker’s Study Predicts 10% in Office Rent Dallas Business Journal, 11/23/98
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