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Leadership changes, market expansions and asset trades are shaping the current phase of commercial real estate activity across Texas, spanning design, industrial, manufacturing and mixed-use properties.
Dallas-based design and architecture firm KTGY has named Will Bate as its new chief executive officer. Bate will lead the firm from its Washington, D.C. office, overseeing practices that include architecture, interior design, branded environments and urban design. He joins KTGY from Boston Consulting Group, where he was a Managing Director and Partner and led the firm’s North America Real Estate and Cities practice, bringing strategic advisory experience into his new role with the design-focused platform.
In the industrial sector, Kurv Industrial, formerly known as Bridge Industrial, is moving to expand its presence into the Dallas industrial and logistics market. To support its entry into this region, the company has appointed Greer Oxford as Market Officer, Dallas. Oxford previously spent six years with Nuveen Real Estate as a Senior Director, where she oversaw investment initiatives across ten central U.S. markets, adding institutional investment experience to Kurv’s growth plans.
On the investment side, Valrock has partnered with Austin-based Evergen Equity to acquire a 194,255-square-foot manufacturing facility at 10600 Fischer Road in Von Ormy, Texas. The property is located approximately 15 miles southwest of downtown San Antonio and sits near the intersection of I-35 and Loop 410. The site is occupied by a long-tenured Smurfit Westrock heavy-use corrugated converting facility, indicating continued industrial and manufacturing demand in the corridor.
Further north, JLL Capital Markets arranged the sale of New Hope, a newly built and fully leased industrial business park totaling 271,689 square feet across three buildings in Cedar Park, Texas. JLL represented the seller, a joint venture among Riverside, Live Oak and Cordova, in the disposition. Stockbridge acquired the business park, adding a stabilized industrial asset to its portfolio in a growing Texas submarket.
In the mixed-use space, Fifth Corner and Headwall Investments have purchased Stewart Center, a 53,000-square-foot office and retail property located at 5108 Broadway St. in Alamo Heights. The center includes more than 30,000 square feet of retail space alongside an office component, combining daily-use retail with workplace square footage. Shop Companies has been tapped to lead leasing efforts at the property, positioning the new ownership to manage tenant roll and merchandising strategy going forward.
Together, these executive moves, market entries and acquisitions underscore ongoing activity across Texas design, industrial, manufacturing and mixed-use office and retail assets, with both local and national players deploying capital and repositioning strategies in key markets.
The post KTGY Names Will Bate as New CEO, to Lead Design Firm from Washington, D.C. appeared first on CRE Market Beat.
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