Dallas-headquartered Stream Realty Partners has recruited experienced land professional Shawn M. Street to help owners, developers, and investors maximize the value of their real estate holdings in today’s changing economic and regulatory landscape.
The firm said that Street will serve as a vice president of Dallas’ land division, working alongside Senior Vice President Demian Salmon to expand its land brokerage business across the Metroplex.
“Shawn brings a passion for finding off-market transactions and maximizing their value for landowners,” Salmon said in a statement. “I have no doubt he will hit the ground running thanks to his extensive knowledge of the DFW market.”
Street will be responsible for identifying, sourcing, and closing land transactions. Stream land experts use industry-leading technology to provide market analysis, feasibility studies, strategic site selection, residual valuations, highest and best uses, mapping, and demographic research, the company said.
Street was a senior vice president with Younger Partners and founded Street & Associates before coming to Stream.
“I chose Stream for its culture and reputation as a best-in-class business,” Street said in a statement. “The firm lives up to its values of putting relationships first, adapting to a constantly changing market, and continuously growing its culture. The best organizations are built on great people, and I wanted to be a part of that at Stream.”
Street brings prior commercial real estate experience to his new role, working as a consultant at Landry Commercial Inc. He also spent more than nine years as an independent petroleum landman for Tidewater Development.
Stream said its land division has brokered more than 150 transactions of more than 3,170 acres in the Dallas-Fort Worth area in the last several years, with a total value of $359 million.
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R E A D N E X T
The office will be led by Executive Managing Director and Partner Greg Katz, who comes to Stream from Newmark and has lived and worked in South Florida since 2000. He is tasked with overseeing the brand's growth across the state. The new office is Stream's 15th location across the U.S., the company said. In 2021, Stream opened three offices—in Nashville, Northern Virginia, and Phoenix—to complement its locations in some of the strongest commercial real estate markets in the nation, including Atlanta, Chicago, Houston, and Southern California.
Adam Jackson, Stream's new Chief Investment Officer, joined the company in 2008 and launched the firm’s investment management platform in 2015, leading its growth to its current billion-dollar-plus equity position. Locally, Stream is developing The QUAD, a 490K-SF mixed-use development in Uptown Dallas, and is one of two master developers on an 18-acre, $472 million transit-oriented project at Addison Circle.
When fully built out, the 325-acre master-planned, mixed-used development "will include residential, commercial, cultural, institutional and entertainment destinations for everyone," Wildcatter Realty Partners SVP Ted Murphy said in a statement.
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