David Craig and Mike Rader, influential visionaries who have helped shape the North Texas region for more than 40 years, will be inducted into the North Texas Commercial Real Estate Hall of Fame next year.
Mr. Craig, founder and CEO of Craig International, and Mr. Rader, president of Prime Rail Interest LLC and Prime 45 Development LLC, will present the 2025 North Texas Commercial Real Estate Award during an event on Wednesday, April 30, 2025. will be inducted into the Hall of Fame.
Linda McMahon, CEO of the Dallas Economic Development Corporation (Dallas EDC) and former CEO of the Real Estate Council (TREC), will receive the 2025 Industry Achievement Award. This recognition is given to individuals who have made impactful contributions beyond the traditional boundaries of the commercial real estate industry.
The Hall of Fame event, presented in partnership with the North Texas Association of Commercial Realtors (NTCAR), begins with a reception at 5 p.m. at the Arts District Mansion in downtown Dallas, followed by dinner and a program at 7 p.m.
“The Hall of Fame event is designed to shine a spotlight on the men and women whose extraordinary grit and leadership not only shaped the North Texas region, but also led the region to become one of the most admired business locations in the nation. It was founded a year ago,” Chris Teasdale said. , Hall of Fame co-founder, executive committee member, and 2025 event chair. “The 2025 winners Mike Rader, David Craig and Linda McMahon certainly demonstrate great talent to continue that tradition.”
Champion of Southern Dallas County
Radar’s Prime Rail Interest and Prime 45 development helped launch an industrial district in southern Dallas County, NTCAR said.
Rader has been involved in the ownership and development of real estate throughout the Dallas-Fort Worth area since 1984. Inspired by the excellent logistics afforded by the confluence of Interstates 20, 35, and 45, Rader began collecting real estate, forming numerous investment partnerships, and developing real estate. From land infrastructure to building improvements.
NTCAR said Rader set a vision for what could be developed in southern Dallas County, from Interstate 20 to the southern Dallas County border.
In 2004, after seven years of pursuing Union Pacific Railroad (UP), UP agreed to build a $100 million intermodal transportation facility on Interstate 45 in the cities of Hutchins and Willmar. Built on time and on budget, the facility has been a driving force behind the growth of the Dallas County Inland Port and resulting southern Dallas County, NTCAR said.
In 2005, Rader and its partners assembled 900 acres of land along Interstate 45 to create Sunridge Business Park. The park will feature 8 million square feet of industrial buildings and, when completed, will include 60 acres of commercial/retail business. In 2011, he gathered investors and acquired 2,300 acres in Hutchins, Lancaster and Willmar. Radar then acquired an additional 700 acres and began developing Prime Point, a 3,000-acre industrial park with rail access and providing a hub for manufacturing, distribution/warehousing, and technology facilities.
Radar is involved in 8,000 acres of land at the Dallas County Inland Port, bringing billions of dollars of private investment to Willmar, Hutchins, Lancaster, Dallas, and Dallas County, making the county one of the fastest growing industrial areas in the nation. I have one.
“Mike Rader epitomizes what this recognition means,” Teasdale said. “He recognized the opportunity in southern Dallas County and invested years before others realized the potential of this overlooked area. Through his passion, his efforts have had a tremendous economic impact. and served as a catalyst to transform southern Dallas County into DFW’s largest industrial submarket.”
Master Plan for Collin and Grayson Counties
NTCAR said Craig has worked tirelessly to push the limits of development projects.
He founded Craig International, a commercial brokerage and development company in McKinney more than 45 years ago, and the company has grown to manage and/or develop more than 15,000 acres of land in Collin and Grayson counties.
His efforts drove the success of Craig Ranch, a national award-winning master-planned community in McKinney that he and his partners began developing 24 years ago.
Craig Ranch started with 1,125 acres of farmland and currently has a market capitalization of over $5 billion. The 2,200-acre vibrant community includes 500 acres of parks and green space, a 270-acre employment district called McKinney Corporate Center Craig Ranch, and commercial, residential, and mixed-use anchored by TPC Craig Ranch, home of C.J. Includes retail stores. CUP Byron Nelson Classic.
Craig is the Chairman of the Board of TPC Craig Ranch and Chair of the TPC Craig Ranch Host Committee for CJ CUP Byron Nelson.
His current projects include a mixed-use complex with retail, office, hotel, fine dining and a multi-million dollar park adjacent to Craig Ranch at the northeast corner of the Sam Rayburn Tollway and Alma Road. Includes District 121, a $250 million mixed-use development. NTCAR said.
In 2024, Craig and his partners unveiled Preston Harbor, a $6 billion master-planned community on Lake Texoma in Denison. The 3,114-acre project is anchored by a resort hotel in Margaritaville and will include restaurants, an upscale marina and approximately 7,500 residential units, according to NTCAR.
“David Craig is a pioneer in commercial real estate development. His contributions and commitment to excellence are second to none,” said Bill Cox, a member of the Hall of Fame Executive Committee. “His efforts at Craig Ranch have proven critical to the development of Collin County, making it the fastest growing region in the United States.”
“Promoting economic growth and innovation”
Mr. McMahon was the first CEO of Dallas EDC. This non-profit organization is a city of Dallas with the purpose of promoting the city’s economic growth by promoting Dallas as a globally competitive business destination and promoting economic opportunity for all members of the city. was founded by.
Prior to joining Dallas EDC, Mr. McMahon served as President and CEO of TREC. TREC is the state’s largest and most influential commercial real estate organization with more than 2,000 members and 650 member companies.
NTCAR said Mr. McMahon led a transformation within TREC to ensure it had a seat at the table on all policy issues impacting the commercial real estate industry and the region’s economic growth. She was instrumental in establishing the Dallas Housing Opportunity Fund in partnership with the Local Initiative Support Corporation, which received seed funding from the City of Dallas.
NTCAR announced that under Mr. McMahon’s leadership, TREC community investors have launched the Dallas Catalyst Project, which has generated more than $140 million in leveraged investments in the Forest District over the past five years. She also founded the Dallas Collaboration for Equitable Development with a $6 million investment from JPMorgan Chase.
Prior to leading TREC, Mr. McMahon spent 30 years in banking, including 15 years at JPMorgan Chase Bank where he led the Southwest Community Development Group.
She is a member of the Downtown Dallas Inc. Board of Directors. Member of the 2024 Texas Urban Planning Blueprint Steering Committee. Forward Dallas General Land Use Committee. Dallas Congress. Texas State Library. Urban Land Institute; previously served on the Board of Directors of the Real Estate Council of Texas. Mr. McMahon chaired the 2023 International Economic Development Conference in Dallas. Member of the South Dallas Fair Park Area Planning Committee. 2019 Texas Urban Planning Steering Committee. Founding Chairman of Impact Dallas Capital. Economic Opportunity Leadership Advisory Committee. and lead bidder for the second bid for Amazon’s headquarters in Dallas. Linda is an honorary member of AIA Dallas and recently received the Civic Impact Award from D CEO.
“We proudly honor Linda McMahon’s significant contributions to the nonprofit sector and commercial real estate industry in Dallas and North Texas,” said Darrell, co-founder and executive committee member of the Hall of Fame event.・Hermis said. “Linda’s dedication to service and leadership, and her commitment to fostering economic growth and innovation, truly embodies the spirit of the NTCAR 2025 Service Industry Awards.”
Learn more about the Hall of Fame
The Hall of Fame was established in 1987 and the first six distinguished real estate honorees were Trammell Crowe, Lynn Davis, Henry S. Miller Jr., John M. Stemmons Sr. and his brother L. Story Stemmons, and Angus G. It was a win. . Later additions included John Carpenter, Roger Staubach, Henry S. Miller Company, Jerry Jones, Ross Perot Jr., Gerald and Jeff Hines, and Ray L. Hunt.
The latest 2024 Hall of Fame inductees were Scott Rohrman of 42 Real Estate LLC and Bill Vanderstraaten, president of Chief Partners LP. Last year’s recipients of the Michael F. McCauley Lifetime Achievement Award were Jack Fraker, president and global head of industrial and logistics capital markets at Newmark, and Jack Fraker, a widely respected real estate leader and The late Robert Granna was one of the three co-founders of . Hall of Fame event. Gruna also conceived, created, and developed a coffee table book, THE BOOK, published every five years.
All Hall of Fame honorees from 2024 and earlier will be included in the fourth edition of THE BOOK—North Texas Commercial Real Estate Hall of Fame, scheduled for release in December.
The North Texas Commercial Real Estate Hall of Fame Committee was co-founded by Mr. Hermis, Mr. Teasdale, and Mr. Gruna. In addition to Mr. Hermis and Mr. Teasdale, other committee members are Greg Cannon, Kathy Parmenter, Lynn Doodle, Bill Cox, Jack Gosnell, Terry Abram Wald, and Scott. – Mr. Morse, Mr. Kim Vincent Butler.
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