Stream Realty Partners strengthens investment management team with two key promotions

DALLAS – April 16, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the promotion of Dylan Munoz and John Rogers to Executive Managing Director and Partner roles within its esteemed Investment Management team. 

Munoz, who joined Stream in 2018 as an Associate, has steadily risen through the ranks to become a pivotal figure in the Investment Management platform. In his new role as Executive Managing Director and Partner, Dylan will continue to play a crucial role in managing Stream’s investment portfolio, sourcing new investment opportunities, and spearheading strategic initiatives. Dylan’s dedication and expertise have been instrumental in the success and expansion of Stream’s investment management endeavors. 

Rogers, one of the original members of Stream’s Investment Management team, has been an influential and driving force behind the team’s growth and achievements since joining the firm in 2016. With a wealth of capital markets experience and a strong track record of investment performance throughout market volatility, Rogers’ promotion to Executive Managing Director and Partner reflects his significant contributions to Stream’s investment management efforts. In his new capacity, Rogers will continue to lead Stream’s debt strategies and placement efforts nationally, manage key investments for the platform’s discretionary funds, source strategic opportunities, and serve as a member of Stream’s Investment Committee. 

“Both Dylan and John have played a pivotal role in the success of our Investment Management platform,” said Adam Jackson, Stream’s Chief Investment Officer. “Their promotions are a testament to their exceptional leadership, expertise, and dedication to delivering outstanding results for our partners. We are excited to have them as Partners, and we look forward to their continued contributions to the success of our firm.”

Stream’s Investment Management team leverages local knowledge and real-time information gathered by Stream’s market experts across the country to make investment decisions based on current supply and demand fundamentals. Since our founding in 1996, Stream has invested alongside our partners in more than 54 million square feet of office, industrial, mixed-use, and data center space—amounting to approximately $8.8 billion in total capitalization. The Investment Management team currently manages five co-mingled funds that account for over $2 billion in equity. Since inception, realized returns to partners have been over a 2.12x equity multiple and 37.6% IRR as of December 2023. 

About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation,capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 16 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin, TX; Boca Raton, FL; Charleston, SC; Charlotte, NC; Chicago; Colorado Springs, CO; Dallas; Denver; Fort Lauderdale, FL; Fort Worth, TX; Greenville, SC; Houston; the Inland Empire; Irvine, CA; Los Angeles; Miami; Nashville, TN; Orange County, CA; Phoenix; Raleigh-Durham, NC; Reston, VA; San Antonio; Tampa, FL; Tysons; Washington, D.C.; and South Florida. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X andFacebook.

Stream Realty Partners expands Dallas tenant representation team with strategic Executive Vice President

DALLAS – April 15, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the hiring of Chris Sido as Executive Vice President of Tenant Representation. Based in Dallas, Sido will be responsible for office tenant representation and transaction management as well as new client and business pursuits in the market and nationwide. 

Sido joins Stream from CBRE, where he served as Senior Vice President since 2014. Prior to CBRE, he was a Partner at Swearingen Realty Group LLC for over 15 years. His deep market knowledge, track record of complex transactions, and commitment to professionalism have consistently delivered exceptional outcomes for his clients.

“I’m thrilled to join Stream Realty Partners,” said Sido. “This is a great opportunity to be part of a seasoned team and platform that is rapidly expanding its local and national market share. It’s the perfect fit at this moment in my career to continue delivering the best outcomes for my clients, and I couldn’t be more excited.”

“Chris brings a wealth of experience and a stellar reputation to our tenant representation practice,” said Managing Director Dan Harris. “His expertise and proven success in the DFW market will further strengthen our capabilities and enhance the services we provide to our clients. We are delighted to welcome him to Stream.”

Stream Dallas’ office tenant rep team has grown to 20 professionals over the last year. 

For more information, contact Stream Dallas at 214.267.0400. 

About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation,capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin, TX; Boca Raton, FL; Charleston, SC; Charlotte, NC; Chicago; Colorado Springs, CO; Dallas; Denver; Fort Lauderdale, FL; Fort Worth, TX; Greenville, SC; Houston; the Inland Empire; Irvine, CA; Los Angeles; Miami; Nashville, TN; Orange County, CA; Phoenix; Raleigh-Durham, NC; Reston, VA; San Antonio; Tysons; Washington, D.C.; and South Florida. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.

FTK promotes Drew Cowan to VP of construction, market rate division

(ALLEN, Texas)- FTK Construction Services, a nationwide General Contractor with completed projects in 33 states, is pleased to announce that Drew Cowan has been promoted from Director of Construction to Vice President of Construction, Market Rate and Insurance Division, effective immediately.

Mr. Cowan will be responsible for the financial performance and project production of FTK’s Market Rate and Insurance Project Division nationwide. He has been with FTK for almost 10 years, starting with the company in September of 2014 as a Project Superintendent. He was quickly promoted to a Project Manager, applying his experience to all facets of construction and project management, including completing countless Market Rate/Conventional projects, Insurance projects, and six LIHTC/Affordable Housing projects. He was appointed to the Director of Construction position in 2022. Cowan was also the recipient of the “2019 FTK Founder’s Award,” an annual award that recognizes dedication, commitment, and expertise in construction processes and procedures for the 250 plus projects that FTK averages per year. Cowan attended the University of North Texas and received his bachelor’s degree from that institution.

About FTK Construction Services

FTK Construction Services is a nationwide full-service General Contractor, with three divisions of Multifamily expertise: Affordable Housing/Low-Income Housing Tax Credit (LIHTC) Preservation Projects, Multifamily Renovations and Disaster Services/Insurance related property damage restoration. FTK has completed projects in 33 states to date and has delivered over 5,300 Affordable Housing/LIHTC units. To learn more, visit our website at ftkconstructionservices.com, and follow us on LinkedIn, Facebook, X (Formerly Twitter) and Instagram.

VERSAL closes self-storage sale in Montgomery

VERSAL closed the sale of Spartan Storage in Montgomery, Texas.

Montgomery is 43 miles northwest of downtown Houston. The property has 64 units. The facility’s total square footage is 19,998 squre feet.

The VERSAL team represented the buyer in thesale, Lakewood Realty Investments, LLC. Ryan Dooley of CRD Realty represented Spartan Storage, LLC, the Texas-based seller.

Chint Power Systems leasing 76,433 square feet

JLL announced today that Chint Power Systems, a leading solar inverter manufacturer and distributor, has leased 76,433 square feet at Wylie Business Center in Wylie, Texas.

With this lease signed, the Class-A, new-construction industrial facility now has 197,983 square feet available of prime industrial space for lease.

JLL’s Kurt Griffin, Nathan Orbin, and Dalton Knipe represented the owners, Lovett Industrial and Cresset Real Estate Partners, while Mercer Company’s Christian Moore represented the tenant, Chint Power Systems.

Located at 2801 N. State Highway 78 in Wylie, the recently delivered building provides tenants with direct access to SH 78, proximity to a robust labor base, multiple access points, the ability to secure a truck court, close proximity to KCS Intermodal, a substantial 342,000 lift capacity, and access to heavy power. In addition, the state-of-the-art rear-load facility features a 36’ clear height, a 7” reinforced concrete slab, 55 dock-high doors, 185’ truck courts, 80 trailer stalls, and 154 car parks.

Cresset Real Estate Partners, a Chicago-based real estate investment firm with $4 billion of gross assets under management across industrial, multifamily, and office investments, partnered with Lovett Industrial on the development of the Wylie Business Center. 

Chint Power Systems is anticipated to occupy the building in Summer 2024.

Apricus Realty Capital acquires 8-acre industrial parcel in Houston

Dallas-based Apricus Realty Capital expanded its industrial outdoor storage portfolio with the acquisition of 9987 Wallisville Road in Houston.

The 8-acre parcel provides fully secured truck parking for a freight logistics operator alongside a truck-servicing facility and office building.

Acquired in a programmatic joint venture with ABR Capital, Apricus was self-represented by Managing Principal Matt Haley, Vice President Garrett Marler and Associate Cort Martin.

This IOS acquisition follows Apricus’ most recent purchase of 12400 and 12402 Taylor Road in Houston.