Stream Realty Partners helps private landowners sell 10 acres in Melissa to Green Acres Nursery

Stream Realty Partners has assisted in selling 9.47 acres along U.S. Highway 75 in Melissa and adjacent to one of Texas’ most popular convenience store chains.

Green Acres Nursery & Supply purchased Lot 4 at Willow Grove Crossing at 1922 Central Expressway for an undisclosed amount. The garden center, based in California with seven locations, plans to open its second Texas location at the site near Buc-ee’s. Its first Texas store is in Irving.

Stream Senior Vice President Demian Salmon and Associate Chap Bernet represented the sellers, Flamingo Daze LP, in the transaction. David Sacher of SHOP Companies represented the buyer. Stream is a national commercial real estate firm offering an integrated platform of services. The firm’s land experts leverage industry-leading technology to provide market analysis, feasibility studies, strategic site selection, residual valuations, highest and best uses, mapping, and demographic research.

The nearly 10-acre Melissa property is currently zoned for commercial development and offers city water and sewer utilities. It fronts U.S. 75, which sees more than 80,000 vehicles daily. The Willow Grove mixed-use development, comprising 650 multi-family units and 270 single-family lots, is directly behind the property. The Quarry at Stoneridge, Trinity Falls, Auburndale, and Hunters Ridge are among single-family developments in the immediate area.

Stream Realty Partners hires Peery Wood from CBRE to bolster Dallas tenant rep team

Stream Realty Partners has recruited a Dallas commercial real estate veteran with more than 30 years of experience to bolster its office tenant representation team.

Peery Wood joins Stream, a national commercial real estate firm headquartered in Dallas and offering an integrated platform of services, as an executive vice president. He will be responsible for expanding the company’s tenant representation business across the Dallas-Fort Worth area. His expertise includes advising and executing lease renewals, office expansions, and relocation scenarios for national and global tenants. Prior to Stream, Wood spent more than 10 years at CBRE in Dallas, where he last served as a senior vice president. His tenure there saw milestones including being named a top 20 producer and helping Galderma find its new U.S. headquarters at Trammell Crow Center in Downtown Dallas.

Wood has worked for several national and global commercial real estate firms throughout his career, including Studley Inc. and Cushman & Wakefield. During his 10-year tenure at Lincoln Property Company, he is credited with creating and building the firm’s Dallas tenant rep group by recruiting and mentoring young talent “that is still in the business today,” he said. Lockton, Addus HomeCare, Norton Rose Fulbright, and Tolleson Wealth Management are among the clients he has worked with.

Stream Dallas’ office tenant rep team has grown to 16 professionals over the last year.

Stream Realty Partners Invests In Future Of CRE By Sponsoring College Students Through Project Destined

DALLAS –  Stream Realty Partners has teamed up with Project Destined to give 12 college students in the Dallas market the opportunity to learn about commercial real estate through a work-based curriculum this summer.

Project Destined, founded by Cedric Bobo, a Harvard MBA graduate and investment banker for more than 20 years, is a social impact vehicle that trains high school students, college students, and military veterans to be owners and stakeholders in the communities in which they live. The platform offers various avenues to introduce diverse talent to the commercial real estate industry. 

Stream, a national commercial real estate firm offering an integrated platform of services, has partnered with Project Destined to provide a nine-week, work-based training program to students attending The University of Texas at Dallas, Southern Methodist University, Texas A&M University, University of North Texas at Dallas, and Texas Christian University. Through a curriculum of workshops, executive speaker series, and site visits, students will receive education in market research, property analysis, asset valuation, and deal financing. Students will also have the opportunity to participate in continuing education courses in financial modeling, investment management, capital markets, and affordable housing.

Blake Kendrick, Chief Operating Officer of Stream Realty Partners, emphasized the importance of the initiative by saying, “Our partnership with Project Destined is a direct reflection of our vision for Stream nationally to change the landscape of commercial real estate. Through this program, we hope to inspire a new generation of talented students to pursue this career path while emphasizing Stream’s core values of being smart, honest, nice, and passionate. We look forward to building meaningful relationships with our students.”

Students in the program will compete against each other in groups to present live real estate deals to industry leaders. Additionally, Project Destined students will be matched with mentors from Stream to share their knowledge and experience in commercial real estate in weekly meetings. Senior Associate Patrick Cruz, Associates Hannah Hutchins and Ben Harrison, and Senior Financial Analyst Jenkins Bender will serve as mentors and meet weekly with their mentees. Stream Northern Virginia Managing Director Anthony Chang and Associate Brennan Fewin will act as competition judges.

“I am eager to get involved with the Project Destined team this summer,” Bender said about her upcoming role as a mentor. “As I pivoted from another career path to commercial real estate, many people shared their time and expertise with me, which had a palpable impact on my career trajectory. I am excited to pay it forward and engage with future real estate leaders through Project Destined.”

Stream’s partnership with Project Destined is part of the company’s ongoing environmental, social, and governance efforts to increase diversity, equity, and inclusion while creating a culture of equity at all levels.

Molly Robottom, Senior Vice President of Recruiting at Stream, sees endless opportunity in the partnership with Project Destined. “I couldn’t be more thrilled to announce our partnership and corporate sponsorship with Project Destined. This incredible initiative embodies our core values of empowering and inspiring the next generation of leaders. Together, we are dedicated to unlocking the potential of young minds and nurturing their entrepreneurial spirit.”

Founded in 2016, Project Destined now trains and educates more than 2,500 students per year from over 350 colleges and universities in 35 markets across the United States, Canada, United Kingdom, and Europe. Stream joins 250 other corporate sponsors in supporting Project Destined’s mission to help the world’s most talented, diverse individuals unlock career opportunities through training, mentoring, and networking opportunities.

Jackson Randolph Vice President at Pagewood

Jackson Randolph joined Pagewood in 2023 as Vice President focusing on sourcing and executing value-add multifamily development. He has experience in debt underwriting, marketing transactions to capital providers, and transaction management throughout the closing process. Before Pagewood and during his tenure with Newmark, he directly facilitated the placement of debt for in excess of $3.6 billion of transaction volume across more than 18,700 multifamily units.