Seth Flechsig hired at Prologis

Seth Flechsig has joined Prologis to serve as VP, Investment Officer. He will oversee industrial development and acquisition opportunities in the Houston market.

With more than 16 years of real estate industry experience, Seth has served in several leadership roles developing and leasing Class A office, life science, and industrial projects. Most recently, Seth was the market officer at Lovett Industrial, where he led the company’s development and acquisition opportunities in Central Texas.

McCownGordon fills two key roles in Dallas-Fort Worth office

McCownGordon filled two key roles in its Dallas-Fort Worth location, adding Peter Ramstedt as its new vice president of operations to lead the regional operations team. The company also added Jason McRorey as director of MEP (Mechanical, Electrical and Plumbing).

Both additions will contribute significantly to McCownGordon’s team in delivering services in the Texas marketplace.

Ramstedt, with more than 30 years of experience in the industry, comes to the company from one of the nation’s top construction firms where he led numerous projects over $500 million around the globe and in the Texas market. Previously, Ramstedt served on the executive leadership team of the Dallas operation of one of the nation’s largest construction companies, where his portfolio ranged from mixed use, retail and high-rise developments to large infrastructure improvements and civic buildings.

A graduate of the University of Florida where he earned a B.S. in Building Construction with honors, Ramstedt holds an MBA from The University of Texas at Arlington, as well as a Master’s Certificate in Project Management from George Washington University. He also earned his Project Management Certification from the Project Management Institute.

The company added Jason McRorey as director of MEP. He brings more than 20 years of extensive project delivery experience to the team with expertise in the healthcare, corporate, food and beverage, life sciences, biopharmaceutical, pharmaceutical, semiconductor and mission critical market sectors. In his new role, he will provide extensive value-added services to clients, providing them with deep expertise and analysis designed to ensure they gain the most value for their construction budgets.

McRorey began his career as a superintendent after earning his Local 100 Apprenticeship from Richland College while attending high school. He also holds a certification in Plumbers and Pipefitters and trained in the OSHA 30-hour safety course at the same institutions. He’s a professionally licensed plumber in addition to bringing his extensive operations experience to the team.

Dallas’ Stream Realty Partners names chief financial officer

Stream Realty Partners has appointed industry veteran Ariella Middlebrook as chief financial officer in its Dallas office.

In this key executive role, Middlebrook is tasked with spearheading the financial strategy to promote fiscal excellence within the organization. Her responsibilities include managing corporate accounting, treasury, and cash management, monitoring financial performance, and optimizing resources.

Additionally, Middlebrook will maintain and enhance banking relationships, conduct profitability analysis, and play a vital part in the acquisition and structuring of brokerage teams. Operating from Stream’s corporate headquarters in Dallas, Middlebrook’s appointment will help shape and drive Stream’s overall growth strategy.

With a career spanning Fortune 500 companies, global enterprises, agile startups, and major public accounting firms, Middlebrook has excelled in navigating the multifaceted realm of commercial real estate. Serving as Chief Accounting Officer and Global Controller for Kincentric (a SpencerStuart Company) and holding roles such as U.S. Chief Financial Officer for Avison & Young and Senior Financial Operations Leadership positions at General Growth Properties, JLL, and KPMG, Middlebrook has consistently demonstrated strategic leadership in the face of rapid organizational growth and pivotal transformation initiatives.  

Middlebrook’s stewardship has extended to managing teams responsible for a comprehensive suite of financial functions, including financial close and reporting, sophisticated budgeting and forecasting models, treasury, cash management, tax, and compliance. Under her supervision, her teams excelled in scaling operations by implementing cutting-edge ERP and SaaS financial systems across domestic and international platforms, ensuring seamless and effective operations.

KAI names design manager in Dallas-Fort Worth office

KAI has hired Tania Lecona as design manager of KAI Design at its Dallas-Fort Worth office.

Lecona has five years of industry experience with expertise in housing design and unit remodels having worked extensively with housing authorities throughout Texas.

Prior to KAI, Lecona was an architectural project manager for the Affordable and Multifamily Housing Studio at Quorum Architects, Inc. and a design associate at RPGA Design Group, Inc., both in Fort Worth.

Lecona has a Bachelor of Science in Architecture and a Master of Architecture from the University of Texas at Arlington, plus an Associate of Arts from Dallas College. She is currently a board member of the Fort Worth Chapter – Construction Specifications Institute (FWCSI) and she mentors architecture students through the CAMP program of AIAS at CAPPA of UT Arlington.

She and her husband Edward currently reside in Arlington, Texas.

Transwestern names chief financial officer

Adam Altsuler has been named chief financial officer for Transwestern.

Serving as a key member of the firm’s Executive Committee, Altsuler is charged with setting enterprise-wide fiscal priorities and overseeing all financial matters for Transwestern as it executes a bold transformation designed to scale capabilities and optimize synergies to support its mission of value creation. Altsuler succeeds Steve Harding, who held the CFO post for 21 years before being promoted to the role of Chief Transformation Officer (CTO) in 2023.

Before joining Transwestern, Altsuler was Executive Vice President and CFO of U.S. Development Group, which develops, owns and manages large-scale multi-modal logistics centers and energy infrastructure in North America. During his 10 years with the company, he oversaw corporate finance, financial planning, treasury, capital markets, accounting and investor relations activities.

Altsuler started his career in investment banking at Donaldson, Lufkin and Jenrette/Credit Suisse First Boston before serving as an investment analyst at an energy-focused hedge fund and holding financial leadership roles at Eagle Rock Energy Partners.

Altsuler earned a BBA in finance from The University of Texas at Austin and an MBA from Rice University, graduating Beta Gamma Sigma. He currently serves on the Advisory Council for KBH Energy Center at The University of Texas at Austin McCombs School of Business.

Dallas’ BBG names chief revenue officer

BBG, one of the nation’s largest independent commercial real estate services firms, appointed financial services industry leader Barrett Scruggs as chief revenue officer, a new position at the firm.

In his latest role, Scruggs will lead and manage BBG’s revenue generation efforts, and enhance overall operational efficiency between service lines. This includes formulating and executing comprehensive sales and business development strategies, identifying new market opportunities, and fostering strategic partnerships to drive sustainable growth.

Scruggs will work closely with cross-functional teams to streamline internal processes, implement best practices, and identify areas for continued improvement across BBG’s operations.

Scruggs has a wealth of experience in operations management and business growth leadership roles in the consumer financial services sector.

Before joining BBG, Scruggs served as a Vice President at SoFi Technologies. In that capacity, he created successful revenue growth strategies and led operations for the firm’s workplace benefits business. He also held other senior-level positions at the company.

Scruggs’ achievements include a prestigious military and educational background. He was a Captain and Battery Commander of the U.S. Army’s Missile Defense Unit, awarded the Bronze Star medal and graduated from the U.S. Army Ranger School. He graduated with an MBA at Columbia Business School and a Bachelor of Science degree in management from the U.S. Military Academy.