CORFAC International names Bradford EVP Joe Santaularia as 2026 President

DALLAS – Marking a major milestone for his career, Joe Santaularia, executive vice president of Bradford Commercial Real Estate Services, will become the youngest president of CORFAC International in its 36-year history, effective Jan. 1.

Santaularia, who turns 39 this week, previously has served as CORFAC’s vice president, treasurer and secretary in addition to his tenure on multiple leadership committees. He is succeeding Daniel Shindleman, CCIM, MRICS, Bridgemer AG/CORFAC International in Wollerau, Switzerland.

“It’s my honor to lead CORFAC International’s network of 75 independently owned and operated commercial real estate brokerage offices,” Santaularia says. “As president in 2026, I want to contribute to making the CORFAC brand even stronger worldwide. We’ll also be concentrating on developing more in-network referral business and relationship building, which will benefit our network’s clients.”

CORFAC’s new president grew up in the commercial real estate business, tagging along with his father, Kevin J. Santaularia, president, CEO and chairman of the board of Bradford Commercial Real Estate Services, who bought the firm in 2000 and shortly thereafter joined CORFAC’s global network of independently owned brokerage firms to grow the company.

“CORFAC referrals have been instrumental in helping our firm grow and attract new business to Dallas/Fort Worth, as we do for other network members throughout the country,” says Bradford’s president and CEO.

The younger Santaularia, and new CORFAC president, earned his broker’s license in his sophomore year at the University of Kansas. He closed his first deal in his senior year.

Joe Santaularia joined Bradford as a broker associate in 2008 after graduation, rising through the ranks to executive vice president and director of strategic investor relationships, capital placement and 3PL partnerships. In 2021, he was accorded CORFAC’s Thomas Hayes Jr. Member Excellence Award for his dedication to introducing cutting-edge ideas to the network. To date, he has completed more than six million square feet of transactions.

CORFAC’s 2026 executive committee also includes Trent Scott, CCIM, First Capital Property Group of, Orlando, Fla., as vice president; Dan Dokovic, SIOR, of Intelica in St. Louis as treasurer; Edward F. Del Beccaro of TRI Commercial in Walnut Creek, Calif. as secretary; and Shindleman, immediate past president. At-large members are Brody Cohen of Capacity Commercial in Portland, Ore,; Chris Gerlach, SIOR, of CSA Realty Group inn Austin, Texas; Andy Mills, SIOR, of Elford Realty in Columbus, Ohio; and Jason Capitani, SIOR, of L. Mason Capitani in Troy, Mich.

The CORFAC network annually closes $10 billion in transaction volume, 10,000 sales and leases, and closes and manages 750 million square feet. The global footprint includes offices in the United States, Belgium, Canada, Chile, Costa Rica, Dominican, Republic, England, Germany, Ireland, Italy, Japan, Kazakhstan, Mexico, Netherlands, Poland, Romania, Russia, Scotland, South Korea, Switzerland and United Arab Emirates.

Trammell Crow Company names market leader in Dallas-Fort Worth office

Trammell Crow Company promoted Joel Behrens to Market Leader of the firm’s Dallas-Fort Worth office.

In this role, he is responsible for the day-to-day operations and strategic oversight of all new development and investment activity for TCC and High Street Residential (HSR), the firm’s residential subsidiary, throughout the region. He will report to Adam Nims, CEO of Trammell Crow Company.

Behrens joined TCC in 2008 and was named Principal in 2015. He previously served as a Managing Director, responsible for sourcing and executing real estate acquisition and multifamily development projects in the Dallas-Fort Worth market. During his tenure at TCC, Joel has executed 9.5 million square feet of office, multifamily, and mixed-use development projects, totaling over 6,500 units. Notable projects include the redevelopment of Knox Street and Park District.

Stephen Bontempo, PE, hired at Dunaway

Dunaway is pleased to announce Stephen Bontempo, PE, as the newest addition to our Austin team. Stephen joins Dunaway as a Vice President, bringing over three decades of experience in bridge inspection and engineering services as the owner of Bontempo Structural Engineering, Inc. In his new role, Stephen will continue to lead best practices in planning, scheduling, inspections, load rating, and quality control, delivering even greater value to our clients and communities.

Kathleen Hull, PE, PMP, CFM, hired at Dunaway

Dunaway is pleased to announce Kathleen Hull, PE, PMP, CFM, as the newest addition to our Austin team. Kathleen joins Dunaway as a Senior Project Manager, bringing over 27 years of experience in all facets of bridge inspection, hydraulics, and scour analysis. In her role as Senior Project Manager, she will continue to manage complex, multi-district projects, complying with FHWA and TxDOT standards, and driving quality assurance initiatives.

CBRE hires veteran industrial broker John Nicholson as Vice Chairman in Houston

Houston – December 18, 2025 – CBRE announced today that John Nicholson, a prominent, local commercial real estate broker, has joined its Houston office as Vice Chairman. In this role, Nicholson will focus on representing industrial users across the Houston market. 

Nicholson has more than 20 years of industry experience and joined CBRE from Colliers where he served as Vice Chairman and Principal. His professional journey also includes impactful tenures as President of Douglas Development Partners, Executive Managing Director at Cushman & Wakefield and Senior Vice President at Transwestern. Throughout his career, Nicholson has successfully completed more than 800 transactions, totaling over $2 billion in value. Nicholson has consistently been ranked as a top producer in the Houston market and received the 2024 NAIOP Broker of the Year, NAIOP Industrial Deal of the Year, and HBJ Landmark Deal of the Year awards.

“John’s unparalleled expertise in industrial representation and his remarkable ability to consistently deliver significant value for his clients make him an invaluable addition to our Houston team,” said Russell Hodges, Senior Managing Director and Houston Market Leader for CBRE. “His strategic insight, coupled with an impressive track record of successful transactions, will undoubtedly enhance our service offerings and reinforce CBRE’s position in the market.”

“I am excited to join the dynamic team at CBRE in Houston and contribute to the firm’s continued growth and success,” said Nicholson. “I look forward to leveraging my experience and relationships to further enhance our industrial services platform and deliver exceptional outcomes for clients.”

Nicholson attended Southern Methodist University and the University of Houston. He is an active member of SIOR (Society of Industrial and Office Realtors), underscoring his dedication to excellence and professionalism in the brokerage community. Beyond his commercial real estate achievements, Nicholson’s unique background includes being a second-round pick in the Major League Baseball Draft by the Colorado Rockies.

Inside the Dallas Real Estate Market

BY JOE SANTAULARIA, EXECUTIVE VICE PRESIDENT, BRADFORD COMMERCIAL REAL ESTATE SERVICES/CORFAC INTERNATIONAL

Making a real estate investment in a volatile economic environment requires the right timing, pricing, and willingness to act when they align. When it comes to real estate in the Dallas metro, it also requires taking a hyperlocal lens. National, and even regional, dynamics don’t apply neatly to our market. Within each subsector, you can find reasons for optimism and causes for concern. Let’s take a closer look.

Industrial
Industrial has been the darling of real estate investors with the growth of warehouse and distribution and data centers as traditional retail and office declined. However, we’re seeing some softening in larger industrialproduct. Early in the year, it was affecting properties over 200,000SF, now it is 100,000SF and above and leaking into 50,000-100,000. While it remains white-hot for properties under 50,000SF we’re seeing vacancy rates approaching 10% for larger product and repricing for older projects.When spec industrial is priced to sell, it usually means leasing demand is slowing. Developers are taking hits to projected profits, but not real losses asof yet. Breakeven is the name of the game.

Office
Office was the golden asset up to 2016 and started dipping as it was over-invested by investors from outside the real estate industry that had capital to place. Then the COVID pandemic dealt the office another blow in 2020. Las Colinas and downtown Dallas were particularly hard hit.

Now, office is where industrial was in 2011. Investors can find plenty of great B-class assets that can be purchased and revamped to take advantage of some positive shifts in the office class. By working with proven operators, investors can take advantage of opportunities at a lower risk.

Dallas is the number one office relocation market in the U.S., and certain neighborhoods have especially favorable trends. Y’All Street, which is the financial hub that includes Downtown, Victory Park and Uptown, points to the growing influence of Dallas in the financial sector. Goldman Sachs is currently constructing a campus to house their largest workforce outside ofNew York City, which will serve 5,000 employees.

Uptown is garnering the highest rents in DFW at $56/SF for Class AA office.Knox Henderson as $1.0B in new office development; while Victory Park boasts a $3 billion master-planned development with 4,000 new residences.

Residential
Housing is seeing some uneven outcomes from the building boom. In NorthDFW, large development tracts for sale are stalled. Investors’ expectations far exceed what developers can spend. We see an excess inventory of spec houses north of Dallas Metro and out east, leading to new housing developments being repriced. This problem is most keenly affecting the far north of DFW, such as Celina, north of Prosper, east of Lake Ray Hubbard, Rowlett Rockwall, and Fate.

As you come south into the fully developed satellite cities, McKinney, Prosper, Frisco, Mckinney, the inventory wanes due to lack of land sites, and less supply equals steadier values. The unlimited escalation in existing values have ceased. Housing prices in the burbs are stable. South of LBJ is a different story with the exception of housing north of $5.0MM, where pricing reductions are evident.

Conclusion
So, what does this all tell us? You can’t make assumptions about Dallas based on general trends. You have to dig into the subsector and the location and look for evidence of what’s changing and where the opportunities lie. It’s more critical than ever to work with a local brokerage that understands your risk tolerance and timing and can see all the little details that make upthe big picture.