Kucera changes management as founder keys on investment - Austin Business Journal:

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he didn’t mince words, tellingf founder Gerald Kucera during theitr first meeting that he planned to somedayhave Kucera’s job. Ten yearzs later, Spaulding has stepped into the managing partnert role from his position as chief operating officer and isa co-ownerd of Kucera Management. The real estat services company handles theproperty management, brokeragse and leasing operations of commercial real estate company The Kucera Companies. The new role means Spaulding is in chargdeof day-to-day operations and business development.
The company is also bringinyg on real estate veteran Luke Drolet to head its assegtservices group, and it recently hired Nathanj Smith as a tenant representative broker. Spauldingy said the 40-employee company will bring on more brokerx and support staff in thenear future. Drolet comes to Kucer from Yancey-Hausman & Associates, where he has overseeh the Houston-based real estate company’s Austin office for 12 Before his timeat Yancey-Hausman, Drolet was with Trammell Crow in its portfolioo management division.
“It wasn’t an easy decision to leave Yancey-Hausman, but the opportunity to work with one of the strongestg and most respected commercial real estate firmsin Austin, and work with this which is growing, was a prospecft I couldn’t turn down,” Drolet said. Kucera has said he will focu s his time onthe company’s capital investmentr group. While Kucera’s new title isn’t yet he is not retiring. Spaulding said the exacf structure and title of the new capital investmenty group is stillbeing formed. He said Kucera has been involve d in the capital investment businesxfor years, and his titlr will “certainly be at the C-level.
” “This business is my and this company has been my life,” Kucera said of the “This arrangement enables a smooth, steady and controlled transition for me, whicg will benefit our staff and clients alike.” Spauldin said the company’s success and steady growth can be partially attributed to Gerald Kucera’sa success in attracting international investorzs to the Austin market in the which allowed Kucera to expand its services to additional clientzs outside the U.S. In 2006 the compang scored a win when GE Capital Real Estates selected Kucera to assist withthe acquisition, leasin g and management of its Austin office portfolio.
Kucera has a roughlt 2 million-square-foot property management about $100 million in exclusive brokerage listings and anannual $100 millio real estate transaction volume. Notable projectes include the development and management ofPlaza 7000, and brokerage for Greatf Hills Corporate Center.