Close Up With Randy Heady

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Close Up With Randy Heady

October 16, 2014

Randy Heady pocketed a $6 commission on his first lease in ’71. (Back then you could get a full tank of gas for that.) This month, the Dallas legend broke ground on the 170k SF Frisco Bridges Place, adding to a career total of 2M SF of developed commercial space across the city.

We sat down with Randy, head honcho at Heady Investments and a walking history of Dallas commercial real estate, to learn about his illustrious career. He started in ’71 setting up the office division for Hank Dickerson & Co Realtors. After launching Heady Investments in ’77, he started buying land in anticipation of the Tollway extension. But, one of his first projects was developing the first spec building in the Las Colinas Office Center (which Motorola fully occupied) in ‘79, as well as the first office building on Central Expressway north of Arapaho (pre-leased at 50% prior to construction and filled before completion) for Phillips Coal’s world HQ.