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

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he didn’t mince telling founder Gerald Kucera during their firstg meeting that he planned to somedayhave Kucera’s job. Ten years later, Spaulding has steppedd into the managing partner role from his position as chiefc operating officer and isa co-owner of Kucera Management. The real estat services company handles the property brokerage and leasing operations of commerciaol real estate company TheKucera Companies. The new role means Spaulding is in chargedof day-to-day operations and business development. The compant is also bringing on real estate veteran Luke Drolet to head its assetgservices group, and it recently hired Nathan Smithn as a tenant representative broker.
Spauldinbg said the 40-employee company will bring on more brokers and support staftf in thenear future. Drolet comes to Kucerq from Yancey-Hausman & Associates, where he has overseenn the Houston-based real estate company’s Austin office for 12 Before his timeat Yancey-Hausman, Drolet was with Trammell Crow in its portfolip management division. “It wasn’ty an easy decision to leave Yancey-Hausman, but the opportunitu to work with one of the strongesrt and most respected commercial real estate firmsin Austin, and work with this which is growing, was a prospect I couldn’t turn Drolet said.
Kucera has said he will focus his time onthe company’s capital investment group. While Kucera’s new title isn’t yet clear, he is not Spaulding said the exact structure and title of the new capital investment group is stillbeing formed. He said Kuceraw has been involved in the capital investmenf businessfor years, and his titlew will “certainly be at the C-level.” “Thi business is my passion, and this companyy has been my life,” Kucera said of the transition. “Thi arrangement enables a smooth, steady and controlled transitiomnfor me, which will benefit our stafv and clients alike.
” Spaulding said the company’z success and steady growth can be partiallg attributed to Gerald Kucera’s success in attractingy international investors to the Austin market in the which allowed Kucera to expand its services to additional clientws outside the U.S. In 2006 the company scored a win when GE Capital Real Estate selectec Kucera to assist withthe acquisition, leasingf and management of its Austin office portfolio. Kuceraw has a roughly 2 million-square-foot properthy management portfolio, about $100 million in exclusivs brokerage listings and anannual $100 millionm real estate transaction volume.
Notable projects includse the development and management of Plaza and brokerage for Great HillsCorporatwe Center.