Stream Realty to Expand U.S. Presence in 2012
Firm Poised for Significant Growth
DALLAS - Stream Realty Partners, L.P. announced today it will expand business throughout the United States this year. Known as a top competitor in the commercial real estate market, Stream Realty has promoted several key executives in its Dallas, Houston and Austin offices. Stream promoted five team members to regional managing partners who will sponsor growth and development of their offices, actively seek business opportunities and cultivate talent in new markets to support the firm’s overall growth.
Chris Jackson launched the firm’s industrial practice group and currently oversees the office and industrial platforms in Dallas. Jackson will become regional managing partner for Dallas and oversee its full spectrum of services. After growing the office and industrial markets to a portfolio of more than 17 million square feet in six years, Kyle Valentine and Preston Young will take roles as regional managing partners in Houston. The Houston office specializes in office, industrial, tenant representation and recently announced its launch of a retail platform. David Blackbird and Derek Land will be regional managing partners in Austin. Since its formation in 2006, Stream Austin has grown into one of the largest commercial real estate firms in Austin across all product lines.
“Our talented team is the driving force behind our success and strength,” says Mike McVean, co-founder of Stream Realty. “As Stream continues to grow, we will meet team members’ needs for new challenges and make it possible for our team to reach new heights of success.”
The decision to expand Stream’s executive leadership and national footprint comes after the firm completed over 21 million square feet of transactions in 2011. Many of these transactions were completed on behalf of projects Stream was awarded after competing against some of the world’s top commercial real estate companies, proving they have the capability and talent to compete on a national level.
“It’s the natural next step that the company’s expansion come from the guys who have helped grow Stream to the success it is now,” said Lee Belland, co-founder of Stream Realty. “They have the commitment, talent and drive to help Stream reach a national level.”
Stream has grown its staff by 10 percent nationwide in the past year alone and is headquartered in Dallas, with six regional offices. The most recent additions being in Atlanta and Orange County, were opened in 2009 and align with Stream’s national expansion plan.
Deanne Karen
(972)380-9595
About Stream Realty Partners, L.P.
Stream Realty Partners, L.P. is a national real estate services, development and investment firm. The firm leases and manages over 75 million square-feet of office, industrial and retail properties throughout Texas, the Southeast and the West Coast. Founded in 1996, Stream Realty has grown from two partners to more than 375 real estate professionals. For more information, visit Stream’s website at www.streamrealty.com.
Tags: