Sep 11
KDC has promoted Eric Hage to president. Going forward, Hage, along with KDC Chief Investment Officer Scott Ozymy and Chief Financial Officer Mike Kaufman, will form a new KDC Management Operating Committee to oversee all day-to-day operations, development, financial and transactional activities. in addition to Hage’s promotion, Bret Creel and David Fisk, currently senior vicepresidents, are now executive vice presidents.
Baker Katz welcomed Martin Mendoza to the firm, where he will oversee the design and construction phases of commercial projects. Mendoza was a design director with The Hanover Company, where he held the project design process from conception to completion and managed the project design team to aline with the company’s creative project vision. He was also responsible for managing and executing multiple project types across different geographies while overseeing project with budgets ranging from $37M to $120M.
Pfluger Architects is adding Lauren Paver as Chief Operating Officer (COO). She brings over 15 years of experience and will play a critical role in leading operational strategies across the firm’s five Texas locations and 130 employees. A graduate of Southwestern University in Georgetown, Texas, where she was recognized as a Distinguished Young Alumna, Paver comes to Pfluger from Higher Order Consulting.
CapRock Partners acquired a 32.5-acre site in Sunnyvale, Texas, part of the East Dallas industrial real estate submarket, for the future development of a new Class A industrial park. Marking CapRock’s first Texas development, plans call for three free-standing warehouse buildings totaling approximately 518,000 square feet, which will be named Clay Road Business Park.
Institutional Property Advisors (IPA) sold the Grand Riviera, a 206-unit multifamily property in Irving, Texas. IPA’s Michael Ware, Taylor Hill, Drew Kile, Joey Tumminello, and William Hubbard represented the seller, Eagle Property Capital, and procured the buyer, Lone Star Capital.
New Braunfels Commerce Center, a speculative industrial complex developed by CLX Ventures, is complete and located in New Braunfels, Texas. The four-building industrial complex, totaling 651,010 square feet, is now available and leased by Stream Realty Partners.