Jay Chappell Central Region Sales Leader at IMA Financial Group

Jay Chappell was hired as IMA Financial Group’s new Central Region Sales Leader, responsible for new business and producer hiring strategy and development in the Carolinas, Dallas, Houston, Kansas City, Pittsburgh, and Wichita. Jay held various roles at Lockton and led Corporate Risk and Broking for the TX region at Willis Towers Watson. His knowledge and experience will help extend IMA’s footprint in the area and enhance its ability to offer best-in-class services across the Central Region.

Matthew Gallo Managing Director, Deal Principal at Foundry Commercial

Matthew ‘Matt’ Gallo has been named Managing Director and Deal Principal, co-leading Foundry Commercial’s retail investment platform. With more than 20 years in the industry, he most recently served as COO and SVP for Lincoln Property Company in Dallas, where he managed more than 60 team members in Lincoln’s retail and mixed-use division engaged in development, acquisition, redevelopment, capital markets, leasing services, as well as asset, property, and construction management.

Kevin Morris Vice President, General Manager at Clune Construction

Clune Construction has promoted Kevin Morris to Vice President, General Manager. Morris started at Clune when the Dallas office was launched in 2020. Since then, he has played a pivotal role in establishing Clune in the DFW market. His hard work and industry relationships have helped the Dallas team immensely. Morris is known in the industry as a dependable leader who develops exceptional teams. He has helped grow the Dallas office to over 40 employees.

Tyler Stevenson Vice President, Project Executive at Clune Construction

Clune Construction has promoted Tyler Stevenson to Vice President, Project Executive. Stevenson joined Clune in 2018, managing various high-profile Mission Critical projects. He was then tapped to manage Kirkland & Ellis’ newest award-winning build-out in Dallas. Stevenson has continued to help build Clune’s Texas portfolio and manages multiple teams for Clune’s Dallas office. He earned his B.S. degree in construction management from Texas A&M University.

Partners Real Estate arranges sale of medical office building in Mission

Partners Real Estate arranged the sale of a 49,320-square-foot medical office building located at 909 Business Park Drive in Mission, Texas.

Partners’ Gustavo Torres represented the seller, MMP Development, in the transaction. Alex Wenzel of Sands Investment Group represented the buyer.

Midway and Parkway form real estate investment, operations and management firm

Privately owned, full service real estate firms Parkway Property Investments, LLC (Parkway) and Midway Holdings, LP (Midway) have entered into a definitive agreement whereby the companies will form a new, fully diversified real estate investment, operations, and management firm. The new firm enables two nationally recognized firms with over 100 years of collective experience to share capital and complementary expertise. The firms will work together to increase investment and expand ownership and operations across the Sun Belt region and beyond, with a focus on creating remarkable places and sustainable assets.

The new combined firm, which will employ approximately 300 team members, will be headquartered in Houston, and will have people and/or assets in 13 markets across Texas, Florida, Georgia, Virginia, Arizona, Colorado, and California. The full integration of the Parkway and Midway teams is targeted for Q3 2023.

Upon full integration, Bradley Freels and James Heistand will serve as co-executive chairmen of the new firm’s board, and Jayson Lipsey and Jamie Bryant will serve as co-chief executive officers of the new firm. The remainder of the new company’s leadership team will include executives from both Midway and Parkway. A. Noni Holmes-Kidd will serve as chief legal officer, Matt Mooney will serve as chief operating officer, John Kosciulek will serve as chief financial officer, and Pam Jesse will serve as chief people officer.

Midway will continue to operate its development entity under current management.