DALLAS, TX – May 25, 2021 – Stream Realty Partners (Stream), a national real estate services, development, and investment company, is pleased to welcome Joe Podge to the Industrial Development Services division as Director. In this role, Podge will oversee expanding Stream’s industrial development capabilities in the eastern region, initially focusing on the Chicago, Atlanta, Nashville and DC Metro markets.
J. Cannon Green, Executive Managing Director and Partner, said, “We are thrilled to expand our team with the addition of Joe. The industrial sector is the best it has ever been, and we don’t anticipate it slowing down any time soon. Joe is joining our team at the perfect time.”
Prior to joining Stream, Podge was with IAA, an industry leading auto-auction company, where he led the real estate development efforts for all greenfield sites, relocations and capital expenditures in the Northeast, Southeast and Canadian regions. He is a civil engineer by training and experienced professional in the permitting, design and execution of industrial construction projects across the United States. A licensed professional engineer and real estate broker in Illinois, Podge will be based in Stream’s Chicago office and work closely with Dale Todd, Eastern Region Senior Director with Stream Industrial Development Services, Green and producers in the region to expand the platform.
Podge said, “Stream has experienced rapid growth in Chicago and the Carolinas over the past year, which is particularly noteworthy considering many competitors were contracting during this time. This strategic momentum, combined with the recent opening of a Nashville office, positions Stream for great success in the eastern region. I’m looking forward to partnering with the local market leaders to further our industrial development capabilities.”
Stream’s Industrial Development Services division, together with Stream’s local market experts, sources and executes development opportunities across the national platform. Since the division’s inception in Dallas, Stream has expanded into several markets and, to-date generated over $1 billion of speculative and build-to-suit industrial projects alongside Stream’s clients, including Cabot Properties, Clarion Partners, Farmer Brothers Coffee, Heitman, J.P. Morgan Asset Management, LaSalle Investment Management, M2G Ventures, Morgan Stanley and Nuveen, a TIAA Company, and QuadReal.
Executive Managing Director of Chicago, Patrick Russo, said, “Joe will be a critical step in our deliberate and intentional approach to expanding Stream’s model across the platform. Our infrastructure allows us to seamlessly execute each opportunity, and this role will bring immense value as we capitalize on the fast growth we’ve seen in our eastern regional offices, specifically Chicago.”