KDC has announced the promotion of Eric Hage to president. Along with KDC’s Chief Investment Officer Scott Ozymy and Chief Financial Officer Mike Kaufman, Hage will now form a new Management Operating Committee responsible for overseeing all day-to-day operations, development projects, financial activities and transactions. Additionally, Bret Creel and David Fisk have been promoted from senior vice presidents to executive vice presidents.
Baker Katz is pleased to welcome Martin Mendoza as their newest team member. As Design Director at The Hanover Company, Mendoza led the design process for various projects while managing his team in alignment with the company’s creative vision. He brings extensive experience in project management across different geographies and budgets ranging from $37M to $120M.
CapRock Partners has acquired a 32.5-acre site in Sunnyvale, Texas within the East Dallas industrial real estate submarket for future development of a Class A industrial park named Clay Road Business Park. This marks CapRock’s first development project in Texas which will consist of three free-standing warehouse buildings totaling approximately 518,000 square feet.
Institutional Property Advisors (IPA) recently sold Grand Riviera – a multifamily property consisting of 206 units located in Irving,Texas on behalf of seller Eagle Property Capital.The buyer,Lone Star Capital was procured by IPA’s Michael Ware,Taylor Hill,Drew Kile ,Joey Tumminello,and William Hubbard .
CLX Ventures’ New Braunfels Commerce Center,a four-building speculative industrial complex totaling over 651k square feet,is now complete.Stream Realty Partners is handling leasing opportunities at this prime location situated within New Braunfels,Texas.
