Close Up With David Boyd

Story by Boyd Commercial Editor / July 16, 2014

Boyd Commercial co-managing partner David Boyd recently wrapped up the broker’s coveted trifecta—and all for one client. Over two weeks, he closed a land acquisition for development, a building disposition, and a long-term lease. (Move over, Secretariat. We’ve got a new Triple Crown winner.)

Maybe David had a genetic disposition to closing big deals—his dad Mike has been in real estate for over 40 years, and they’ve worked together for the last 23. He tells us this triad was for Jetco Delivery, and he and Bo Pettit spent a year and a half pulling it together (most of that was finding the right expansion property—it’s a tight market). They helped Jetco buy 20 acres on Aldine Bender for relo/consolidation of its HQ, sold its existing HQ on Harvey Wilson (a 23k SF building on 3.6 acres) with a one year lease-back, and leased a satellite yard for the long term. The disposition and lease closed Tuesday and Wednesday, so on Thursday the team saw Jimmy Buffet to celebrate.

David (here with wife Kathy) tells us he has some big plans for his firm. For years it’s stayed relatively small (as co-managing partner with Conrad Bernard, he oversees 11 brokers), but now he wants to expand. (11 brokers is enough for a starting soccer team, but you need subs.) Although the firm does a fair amount of work in the office sector, Boyd’s best known for its industrial deals—David says that’ll start to change as it emphasizes its office and corporate services capabilities. Boyd Commercial is also celebrating its 25th year in the CORFAC International network this year. David sits on its exec committee and says he gets a big part of his multi-market clients from the network.

Outside of work, David spends as much time as possible with his wife and kids—15-year-old son Michael and 12-year-old daughter Kaylee. (That includes big chunks of time supporting Michael on the baseball field.) Here they are a few weeks ago on their annual trip to Costa Rica. (It’s particularly fun for David since he surfs.) Later this summer they’ll take their other annual vacation with a jaunt to Colorado.