Stream Realty Execs Depart for Savills and Partners

Two Stream Realty longtime executives departed for other commercial real estate firms.

Eric Crutchfield worked for the Dallas-based company for 13 years and left as vice president of its industrial division to accept a new role at Savills, according to a press release and LinkedIn.

Crutchfield follows J.J. Leonard, who left Stream as executive vice president and partner for Dallas after 20 years with the company to join the Dallas office of Houston-based commercial real estate firm Partners Real Estate as an equity partner.

Crutchfield will remain in the industrial sector in his new role at Savills. Crutchfield has completed almost $1 billion in deal volume over 40 million square feet of transactions throughout his career, Savills’ release stated.

Savills has been expanding its Dallas office for some years now, securing a bigger lease in 2024 and hiring commercial real estate professionals from companies such as Blackstone and CBRE since 2023.

Leonard now manages the Dallas office of Partners — and he wasn’t the firm’s newest member for long. Partners said last Monday that Doug Madeley joined as chief financial officer. Madeley previously held the same role at End Point Energy, a private startup energy company, and worked as managing director of finance at Oasis Petroleum, according to a press release.

Partners has been on a senior leadership hiring blitz. Marla Diliberto and Peter Mainguy recently joined Partners from CBRE as chief marketing officer and partner, respectively.

Meanwhile, Concord Summit Capital, a Miami-based firm that invests in commercial real estate debt and equity, lured brothers Michael and Tom Laurencelle from JLL to join Concord Summit Capital as senior managing director and managing director, respectively, of the company’s new Dallas/Fort Worth expansion. The Laurencelles will originate, structure and execute CRE financing transactions for multifamily, office, retail, hospital, industrial, built-to-rent and mixed-use developments, according to a press release.