Tag: Dallas

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

Posted on by Mia Goulart

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.

NAI Robert Lynn brokers deal at Lincoln Centre

Posted on by Mia Goulart

Bridge Tower Properties, a Dallas-based company that focuses on residential real estate, has recently moved into two Class AA office spaces in Three Lincoln Centre. Located at 5430 Lyndon B. Johnson Freeway in Dallas, the firm’s move will accommodate its significant growth. NAI Robert Lynn President Nick Lee and Executive Vice President Kent Smith represented the tenant in the transaction.

The two suites total 16,604 square feet and are nearly quadruple the size of Bridge Tower’s previous location. The iconic North Dallas Lincoln Centre has recently remodeled its common areas. The renovations, numerous tenant amenities and its ideal North Dallas location are the key factors that attracted Bridge Tower in its search for a new space.

Matthew Schendle, Clint Madison and Zach Bean of Cushman & Wakefield represented the landlord.

Will Haynes, II, joins CBRE as an executive vice president in Dallas

Posted on by Mia Goulart

CBRE announced that Will Haynes, II, has joined its Dallas-Fort Worth Advisory & Transaction Services team as an executive vice president. Haynes will bolster CBRE’s office occupier business, supporting K-12 and higher education, government, and corporate real estate occupiers with their real estate needs throughout the metroplex.

A 14-year industry veteran, Haynes joins CBRE from Colliers International, where he served as managing director for Office Occupier Services in addition to leading its North Texas Education Services practice group. He has represented notable education users across North Texas, including Dallas College, International Leadership of Texas, Pegasus School of Liberal Arts & Sciences and Birdville Independent School District, in real estate transactions.

Haynes is a graduate of Manhattan College, where he played NCAA Division I basketball. He is active in a variety of professional and philanthropic organizations across Dallas-Fort Worth, including Society of Industrial & Office Realtors (SIOR) and St. Phillips School & Community Center. Additionally, he is an alumnus of Leadership Dallas and Leadership ISD.

Trez Capital announces key leadership changes

Posted on by Mia Goulart

Trez Capital, a leading provider of private commercial real estate debt and equity financing solutions in Canada and the United States, announced today that after almost 26 years as chairman and chief executive officer, firm founder Morley Greene will transition into the role of executive chairman. Executive leaders John D. Hutchinson and Dean Kirkham, will serve as co-chief executive officers, taking over day-to-day leadership of the firm.

Trez Capital’s partnership continues to undergo changes that bring new perspectives, skills and varied expertise. After 13 years with the firm holding progressively senior positions and 20 years of experience in the home building business, Hutchinson joined the partnership in Fall 2021. More recently, in early 2023, Kirkham and John Maragliano were welcomed as partners. Kirkham joined Trez Capital in 2016 as chief credit officer and has since taken on increasingly senior roles, culminating in his most recent position as president and chief operating officer. Maragliano joined Trez Capital in 2021 as chief financial officer, bringing 25 years of experience in the financial services industry. With this executive team’s diversified capabilities, Trez Capital has the right leaders in place to ensure its future success. 

In his new role as co-chief executive officer and global head of origination, Hutchinson will continue focusing on the firm’s debt and equity origination business. As co-chief executive officer and president, Kirkham will continue focusing on the key pillars of risk and capital raising for the firm. Together, they will set the mission, vision, values and strategic direction of the firm. Additionally, Maragliano will become chief operating officer, paired with his current role as chief financial officer.

In his role as founder and executive chairman, Greene will continue providing valuable mentorship to the executive team, while also actively contributing to key strategic initiatives. Furthermore, he will prioritize fostering strong relationships with borrowers and investors, which have been an essential component of the organization’s success over time.

Ashland Greene appoints Gustav Bahn as general counsel

Posted on by Mia Goulart

Ashland Greene has announced the appointment of Gustav Bahn as general counsel, effective May 8, 2023. Bahn has over 20 years’ experience in securities law, mergers and acquisitions, joint ventures, real estate, REITs and corporate governance. Bahn will serve as a member of the executive leadership team and will report directly to the CEO.

Bahn’s key responsibilities will include overseeing all of Ashland Greene’s legal matters, including acting as the business’ legal representative. Bahn will be responsible for all aspects of the legal department, including governance, real estate transactions, joint ventures, securities offerings, litigation, compliance and risk management.

Bahn began his career as an associate in the capital markets group of Paul, Weiss, Rifkind, Wharton & Garrison LLP in both the New York and London offices from 2000 to 2006. Bahn later joined Alston & Bird LLP where he was a Partner beginning in 2008. Most recently, Bahn served as chief legal officer and corporate secretary of Steadfast Apartment REIT, Inc., where he oversaw the legal services department and investor relations department. Bahn has an undergraduate degree from the University of Tennessee, a master’s degree from the London School of Economics and a law degree from Tulane Law School.

Dallas’ Chase Tower to be renamed Dallas Arts Tower; lobby renovations planned with addition of art gallery and two restaurants

Posted on by Mia Goulart

A 55-story skyscraper adjacent to Dallas’ Arts District will soon undergo another multi-million-dollar makeover that includes a new name, reimagined lobby, and the addition of two restaurants.

2200 Ross Ave., formerly known as Chase Tower, will be rebranded as Dallas Arts Tower. Owner Fortis Property Group worked with professionals from Stream Realty Partners to strategically select a new moniker that pays tribute to the surrounding neighborhood and amplifies the district’s mission to unify culture and commerce in one dynamic destination. Stream, a national commercial real estate firm headquartered in Dallas and offering an integrated platform of services, leases the office building. Executive Vice President and Partner J.J. Leonard and Managing Director Matt Wieser are the leasing agents for the building’s 1.25 million square feet of office space.

While the landmark building is a work of art designed by architect Richard Keating, its lobby will soon become a masterpiece for tenants and visitors alike. New York-based Fortis plans to add an art gallery displaying pieces from local artists and commission art installations throughout other public spaces. New lighting and flooring will help showcase the artwork. Elevator cabs also will receive a refresh. Construction for the lobby and restaurants is expected to start in late summer, with a 2024 completion. Dallas-based ENTOS Design is working with restaurant architect 75 Degree Design Studio of Dallas on the common area improvements.

Two new restaurants will be constructed in conjunction with the lobby renovations. Dallas-based hospitality powerhouse Milkshake Concepts has been awarded space in the lobby and The Rotunda to launch two eateries that will complement the neighborhood.

For the lobby, Milkshake Concepts will design a European-style, all-day café featuring a robust coffee program, daily baked goods, and a diverse menu with items that can be taken to go or enjoyed in a bright, open environment. Early evening meals and a wine program are expected to be featured.

A first-of-its-kind Greek restaurant will be introduced in The Rotunda. A selection of fish, grilled meats, and traditional sides and dips will anchor the menu that will serve a bustling lunch crowd and refined dinner group.

Jack Gosnell, Elizabeth Herman Fulton, and Marissa Stave with CBRE negotiated Milkshake Concepts’ lease on behalf of Fortis and are leading retail leasing for Dallas Arts Tower. 

Stream has leased Dallas Arts Tower since Fortis purchased the building in 2016. The Class A skyscraper has seen several significant updates since, including a new motor court, water features, and landscaping on the Ross Avenue-facing frontage; the addition of a sky lounge and meeting center on the 40th floor; and a new fitness center. An executive tenant conference center, Starbucks coffee shop, convenience store, on-site shoeshine, full-service car wash, and sky bridge that connects to the Dallas Marriott Downtown and DART Light Rail station are among its many amenities.