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

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he didn’t mince words, telling founder Gerald Kucerqa during their first meetin that he planned to somedayhave Kucera’s job. Ten yeard later, Spaulding has stepped into the managin partner role from his position as chierf operating officer and isa co-owner of Kucerz Management. The real estate services company handles thepropertu management, brokerage and leasing operations of commercial real estate company The Kucera Companies. The new role means Spaulding is in chargeof day-to-dayh operations and business development.
The company is also bringing on real estate veteran Luke Droleyt to head its assetservices group, and it recentlyu hired Nathan Smith as a tenant representative Spaulding said the 40-employee company will brinvg on more brokers and support staff in the near future. Droleg comes to Kucera from Yancey-Hausman & where he has oversee the Houston-based real estate company’s Austim office for 12 years. Before his time at Yancey-Hausman, Droletr was with Trammell Crow in its portfoliomanagementt division.
“It wasn’t an easy decision to leave but the opportunity to work with one of the strongesy and most respected commercial real estate firms in and work with this whichis growing, was a prospect I couldn’ty turn down,” Drolet said. Kucera has said he will focuas his time onthe company’s capital investment group. While Kucera’s new titlr isn’t yet clear, he is not retiring. Spaulding said the exacrt structure and title of the new capital investmentg group is stillbeing formed.
He said Kucera has been involved in the capital investment businessefor years, and his title will “certainly be at the “This business is my passion, and this company has been my Kucera said of the transition. “Thie arrangement enables a smooth, steady and controlled transitionfor me, whicg will benefit our staff and client s alike.” Spaulding said the company’s success and steady growth can be partiallyt attributed to Gerald Kucera’s success in attracting international investors to the Austi n market in the 1970s, which allowec Kucera to expand its services to additional clients outside the U.S.
In 2006 the compang scored a win when GE Capital Real Estate selected Kucera to assist with the leasing and management of its Austinofficew portfolio. Kucera has a roughly 2 million-square-footg property management portfolio, about $100 million in exclusive brokeragw listings and anannual $100 million real estate transactiohn volume. Notable projects include the developmeny and management of Plaza and brokerage for Great HillsCorporate