August 29, 2025

Changes in the Texas Real Estate Landscape

News Summary

The Texas real estate market is experiencing significant activity with key new appointments and fresh initiatives. Major players like Stream Realty Partners and JLL are making impactful hires that signal growth in various sectors, from industrial leasing to energy advisory. The construction industry is also buzzing with new leadership at Adolfson & Peterson Construction. Additionally, the launch of a new retail leasing division by Matthews Real Estate Investment Services highlights the ongoing expansion. As Texas adapts and responds to these developments, new opportunities for investment and growth are on the horizon.

Illinois – Stream Realty Partners has announced the hiring of Ben Dickey as vice president in its Chicago office, where he will focus on landlord and tenant representation in the industrial sector. This strategic move expands the firm’s capabilities in a market that has demonstrated significant growth in recent years.

Dickey comes to Stream Realty from CBRE, where he served as a first vice president. With six years of experience in the real estate industry, he began his career in the Chicago O’Hare International Airport corridor. He holds a specialization in leasing and managing large-scale redevelopments, having successfully completed over $400 million in transactions within key industrial neighborhoods across the region.

In addition to the hiring of Ben Dickey, multiple firms in the real estate sector have made notable appointments recently. JLL has brought on Brian Rappaport as the financial procurement and advisory practice lead for its energy advisory and sustainability team in New York. Rappaport’s primary objective will be to assist investor and occupier clients with energy sourcing, planning, and contracting, emphasizing clean technologies and infrastructure development. He previously held the position of head of power origination and development at Net Power, where he focused on the commercialization of near-zero-emission technologies. His career includes roles at Nikola Motor Co., BP, and Morgan Stanley, accumulating a wealth of knowledge over 20 years in the energy sector.

Meanwhile, Adolfson & Peterson Construction has appointed Amber Autumn as the director of business development for Central Texas, based in Austin. Autumn brings over 26 years of industry experience, with more than 15 years spent in the field. Her prior role was with Summit Design + Build, where she had worked for over a decade. Adolfson & Peterson is recognized as one of the top 100 contracting firms in the nation.

In Washington, D.C., Atlantic Capital Partners has appointed Dean Sands as executive vice president and Jordan Gomez as vice president in Charleston, South Carolina. Sands joins the company from JLL, where he served as a managing director, handling transactions totaling approximately $12.6 billion over a 23-year career. Gomez will focus on shopping center transactions across the Southeast, having previously worked with Sands Investment Group.

Also in New York, Matthews Real Estate Investment Services has hired Matthew Fogel as vice president, tasked with launching a new retail leasing division. Fogel’s impressive background includes positions at Kassin Sabbagh Realty, where he managed over 250,000 square feet in retail leasing transactions. Matthews Real Estate currently employs over 1,000 professionals across 30 offices nationwide.

Shifting focus to market trends, the Midwest continues to dominate real estate activity, recently ranking 26 locations in the top 50 of Realtor.com’s “hottest ZIP codes.” Notable mentions from the Midwest include Ballwin, Missouri (63021), which ranked third overall nationwide, followed closely by Strongsville, Ohio (44149) and Bexley, Ohio (43209) in the top 10. In Illinois, ZIP codes 61108 (Rockford), 60189 (Wheaton), and 61704 (Bloomington) occupied positions 11, 12, and 26 on the list, respectively.

On the investment front, Kingsbury Center located at 350 W. Hubbard St. in Chicago has successfully been refinanced by Kingsbury Orleans LP, with the new financing extending through 2050. The property boasts 95% occupancy and comprises a six-story building with a total of 135,315 square feet of mixed-use space. The diverse tenant roster includes reputable organizations such as Habitat Company, Related Cos., CVS, and Petco, with the office spaces mostly occupied by tenants from finance, legal, and service sectors.

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Author: STAFF HERE GEORGETOWN

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