Eider Creek co-founding partners Randy Baird, Ben Doherty, and Brice Hafner [Photo: Eider Creek]

Three co-founders steeped in real estate industry experience have joined forces to launch Eider Creek, a new industrial real estate firm based in Dallas.

The new firm features two complementary businesses—Eider Creek Development and Eider Creek Partners—the first one focused on “ground-up development” and the second on targeted acquisitions across “key U.S. logistics markets.”

The founding partners are Randy Baird, whose 30-year career has included senior roles at CBRE, Cushman & Wakefield, and HFF; Ben Doherty, who over two decades has played a central role in leading and managing Crow Holding Capital’s industrial and self-storage platforms; and Brice Hafner, whose prior leadership roles include posts at GreyArch Properties and Crow Holdings Capital, where he led acquisitions and development initiatives across the South-Central and Western U.S.

At Eider Creek, Baird is leading portfolio strategy, valuation oversight, and strategic capital relationships; Doherty leads investment strategy, governance, and capital formation; and Hafner leads development, acquisitions, and asset management.

The firm noted that in addition to their leadership roles, the partners remain actively involved in sourcing, underwriting, and executing investments across the platform.

“Eider Creek may be a new firm, but it is built on relationships developed over decades of shared investment experiences and aligned values,” Doherty said in a statement. “Our team brings a disciplined, research-led process, a deep understanding of the industrial sector, and a strong commitment to fiduciary responsibility and strategic value creation.”

From core Texas markets to a U.S.-wide approach

Eider Creek’s development arm will focus on developing industrial projects in “core Texas markets,” including Dallas-Fort Worth and Houston, the firm said. The firm says it will be delivering “modern Class-A distribution centers” tailored to the region’s logistics and warehousing demands.

But when it comes to investment management, Eider Creek Partners will take on a broader, national landscape, focusing on acquisitions and development through “strategic joint ventures in key logistics corridors across the U.S.”

Eider Creek said it’s entering the market with “a distinctive blend of entrepreneurial agility and institutional experience”—and a platform “shaped by deep sector expertise, a focused investment strategy, and a long-term commitment to value creation.”

The firms offices are located at 8333 Douglas Avenue, near Northwest Highway and the Dallas North Tollway.

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