KDC has announced the promotion of Eric Hage to president. Along with KDC Chief Investment Officer Scott Ozymy and Chief Financial Officer Mike Kaufman, Hage will form a new Management Operating Committee responsible for overseeing all day-to-day operations, development, 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. In his role as design and construction overseer for commercial projects at the firm, Mendoza brings extensive experience from his previous position as design director at The Hanover Company where he led project designs from conception to completion while managing a team of designers in alignment with the company’s creative vision. He also successfully managed multiple projects across various locations with budgets ranging up to $120 million.
CapRock Partners has acquired a 32.5-acre site in Sunnyvale, Texas within the East Dallas industrial real estate submarket for future development of an upscale industrial park named Clay Road Business Park. This marks CapRock’s first venture into Texas development plans include three free-standing warehouse buildings totaling approximately 518,000 square feet.
Institutional Property Advisors (IPA) recently completed the sale of Grand Riviera multifamily property located in Irving,Texas consisting of 206 units . IPA represented seller Eagle Property Capital while procuring buyer Lone Star Capital through its agents Michael Ware , Taylor Hill , Drew Kile , Joey Tumminelloand William Hubbard .
CLX Ventures’ New Braunfels Commerce Center is now complete after Stream Realty Partners leased out all four buildings comprising over half-a-million square feet available on-site . Located just outside Austin,Texas this speculative industrial complex offers state-of-the-art facilities perfect for businesses looking expand or relocate their operations.
