SPI Advisory invests in property in the suburbs south of Austin

SPI Advisory (SPI) and its 1031 partners finalized the acquisition of The Bradford, a 264-unit, Class A- institutional-quality, value-add apartment community built in 2010 in the high-growth suburb of Buda, Texas, just a 20-minute drive south of Downtown Austin. This acquisition highlights SPI’s continued expansion in the submarket as one of Hays County’s largest landlords with nearly 1,100 units owned and operated between Buda & Kyle.

The area within a three-mile radius of The Bradford experienced a 159% increase in population over the past decade but Hays County has been identified as one of the fastest-growing counties in both Texas and the nation (U.S. Census Bureau; The Greater Austin-San Antonio Corridor Council, 2022).

Previous ownership upgraded a handful of the property’s existing units with premium finishes, appliances, and more contemporary design elements. SPI will continue programmatic upgrades to a handful of units per month for the next two years but intend to leave 50% of the property with affordably priced “classic” units to serve a broader range of prospective tenants long term. 

Colliers hires vice president in Austin office

Colliers added vice president Stuart Baker as an office and industrial occupier services and investments sales broker in its Austin, Texas, office.

He brings over a decade’s worth of commercial real estate experience in Central Texas to Colliers.

Prior to joining Colliers, Baker held positions at international and local firms, including Newmark, Elevate Growth Partners and Cresa. Examples of his work include Hippo Insurance’s downtown Austin headquarters in 2022, Virtex Enterprise’s Austin headquarters in 2021, and Cesium Astro’s Austin headquarters in 2019.

Other clients include Boston National Title, Ping Identity and the Texas Alcoholic Beverage Commission.

Baker studied business and economics at Texas Christian University and graduated with honors from the University of North Carolina in Asheville. Additionally, he takes pride in community involvement, serving displaced populations in Austin, mentoring young professionals and entrepreneurs, sponsoring local artists and musicians, and working within the local startup ecosystem to support service and growth strategies.

BKV Group adds director of interior design to Dallas office

BKV Group, a multidisciplinary design firm, hired Melanie N. Hanna as director of interior design and senior associate in the company’s Dallas practice site.

In this role, Hanna will support the firm’s continued growth, with a concentration in the corporate and hospitality sectors both in the Dallas-Fort Worth area and across the Sun Belt, partnering with clients to create immersive environments reflective of their brands.

Hanna brings 17 years of experience in interior design and brand strategy, most recently as a senior project designer and senior associate at BOKA Powell, where she specialized in corporate interiors and helped to launch the firm’s hospitality studio, 8080.

A proponent of creating rich design narratives to elicit emotion and establish a distinct sense of place, Hanna’s extensive portfolio includes corporate, historic preservation, civic, healthcare, education, religious and hospitality projects, such as Venetian Macau Parcel 5 & 6 including Shangri-La, Traders and Sheraton Hotels in Macau, China, and the Waterloo Park Hotel, Curio Collection by Hilton in Austin. More recently, she was part of the design team behind the renovation of International Plaza III, a 13-story office tower in Dallas, and led the design of Roam Grandscape, a hospitality-driven coworking space in Grandscape, Texas.

Hanna holds a B.S. in interior design and hospitality from Stephen F. Austin State University and has since earned several industry credentials and certifications. Her professional affiliations include American Society of Interior Designers (ASID) Committee on Climate, Health, and Equity (CoCHE), CoreNet Global North Texas, Friends in Real Estate (FIRE), Ladies in CRE (Dallas + Addison), and MILEstone 2024-25 Designer Advisory Council.

JLL adds managing director for North Texas retail group

JLL has appointed of Michael Wheat as managing director of the North Texas retail group, marking a significant step in the expansion of retail services across Dallas-Fort Worth.

With over 25 years of real estate experience, Wheat brings a wealth of knowledge to drive growth in the Dallas retail market, focusing on landlord and tenant representation.

Prior to joining JLL, Wheat served as the Managing Director, overseeing leasing for the portfolio of the United States at Cypress Equities. During his tenure, he managed leasing and asset management efforts for a portfolio encompassing 10.5 million square feet. Additionally, his distinguished career includes notable positions at Trammell Crow Company and The MG Herring Group, where he represented renowned clients such as OshKosh, Chico’s, Citibank, and Sears.

KAI adds engineering design manager in Dallas-Fort Worth office

KAI has hired Lydie Mizele as Engineering Design Manager in the Engineering Group at its Dallas-Fort Worth, Texas, office.

Mizele has more than 14 years of industry experience in all aspects of mechanical, electrical, plumbing, fire protection and energy calculation design. Her extensive portfolio includes retail, hospitality, education, healthcare, government and renovation projects, including the $3 million renovation of Texas Health Harris Methodist Hospital HEB in Bedford, TX; construction of Tanger Outlets in Fort Worth, TX; and multiple CVS Pharmacy, 7-Eleven and Planet Fitness locations throughout the Dallas-Fort Worth area.

Prior to KAI, Mizele was an MEP Project Manager at The Dimension Group in Dallas, MEP Project Manager at GHC Engineers in Dallas, and MEP Designer & Project Manager for Don Penn Consulting Engineer in Westlake, Texas.

A native of the Democratic Republic of Congo, Mizele has a Bachelor of Electrical Engineering from the University of North Texas – Denton and an Associate of Science in Architecture from Columbus State Community College in Ohio.

She and her husband Jerry have three children, and she enjoys volunteering in ministry to help children around the world. She enjoys reading the Bible and her favorite sport is golf.

SRS Real Estate Partners adds senior vice president to Dallas-Fort Worth office

SRS Real Estate Partners has added Rose Meza to its Dallas-Fort Worth office as a senior vice president focused on retail landlord and tenant representation.

Meza brings more than a decade of real estate experience, including working with retail tenants as well as national and regional owners, such as Washington Prime, Lionstone Investments, The Stainback Group and Weber & Co., among others.

Prior to joining SRS, Meza was a Partner and Senior Vice President at Segovia Partners, where she focused on leasing and growing the retail portfolio as well as assisting tenants with nationwide expansions. Meza’s tenant experience includes entertainment concepts like Slick City Action Park and Dill Dinkers Pickleball, as well as Voodoo Brewing Company and Grupo Zeru, a restaurant group from Mexico City. She started her real estate career at JLL where she led the DFW retail portfolio.

Meza has received numerous accolades in her career, including being recognized as a D CEO Power Broker and a JLL RISE-ing Star.

Cushman & Wakefield adds director of industrial brokerage in Houston

Cushman & Wakefieldannounced that Garrett Thomas has joined the firm as Director, Industrial Brokerage, in Houston.

Thomas is the 13th brokerage professional to join Cushman & Wakefield in Houston in the past 14 months. In the past four years, he’s completed industrial and land transactions valued at more than $135 million. Prior to entering commercial real estate, he served as Director on the Texas House Committee on Homeland Security and Public Safety.

Thomas joins Cushman & Wakefield from Boyd Commercial Real Estate. He is a graduate of the University of Texas at Austin where he played football for the Texas Longhorns and was a member of the Texas Cowboys.