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Soaring Heights: Granite Properties’ CEO Transition

Soaring Heights: Granite Properties’ CEO Transition

CEO Transition

Granite Properties, a leading commercial developer in the Dallas region, is getting ready to appoint a new CEO. Will Hendrickson, the firm’s Senior Managing Director, is set to take up the top position. With almost two decades spent at Granite, Hendrickson will inherit the CEO mantle from founding partner Michael Dardick, who is set to become the executive chairman. Granite Properties plans to further its impressive growth trajectory and continue its commitment to premier commercial asset development under Hendrickson’s leadership.

Will Hendrickson’s Journey at Granite Properties

Hendrickson started his career with Granite Properties as an investment analyst in 2003. Throughout his tenure, he has managed the construction of new office buildings in prime locations such as Plano, Uptown Dallas, and Southlake. He has played a pivotal role in ensuring that these developments met sustainability standards, offering a mix of modern design and functionality. Hendrickson’s undeterred commitment to construction excellence has significantly contributed to the growth and success of Granite Properties in the competitive Dallas market.

Recent and Ongoing Projects Under Hendrickson’s Supervision

Hendrickson has recently overseen the completion of Granite Park 6, a 19-story office tower sprawling across 420,000 square feet in West Plano. He is also directing the ongoing development of the 23Springs office tower in Uptown, a 26-story high-rise covering 626,000 square feet with completion expected by 2025. In addition to these projects, Hendrickson is responsible for managing numerous other commercial real estate ventures, contributing to the growth and transformation of the Dallas-Fort Worth region. His leadership and expertise have significantly impacted the successful development of these innovative and sustainable buildings, emphasizing the importance of well-designed and executed construction projects in modern urban landscapes.

Strategic Restructuring at Granite Properties

As part of a larger organizational restructuring, Bill Brown will take on the role of president while retaining his current position as chief investment officer. This move aims to streamline the company’s management and enhance its overall operational efficiency. Both Hendrickson and Brown have extensive experience in their respective roles and are expected to drive the company’s growth and expansion plans successfully.

New Appointments and Responsibilities

Paul Bennett will assume a new position as senior managing director for the Dallas market, expanding the company’s presence in the region. Bennett’s appointment, backed by years of experience and a robust track record, is expected to drive growth and reinforce the company’s commitment to excellence in the fast-paced Dallas market.

Jason Purvis will lead capital raising efforts while continuing as senior managing director and Southern California market leader. In this new role, Purvis will focus on solidifying the company’s financial position and cultivating strategic partnerships to support its growth initiatives. As Southern California market leader, he will continue to spearhead expansion and manage client relationships in the region.

Stability in Executive Leadership

The current executive leadership at Granite Properties, including Greg Fuller, Scott Martin, and Sheryl Troiani, will remain in their positions. This decision ensures continuity in the company’s strategic vision and ongoing operations. Their combined expertise and experience will continue to drive the organization’s success and growth in the foreseeable future.

Executive Chairman Role and Responsibilities

As executive chairman, Michael Dardick will maintain an active role within the company, focusing on strategic planning and key client relationships while providing support to Hendrickson in his new position. This move demonstrates the continued commitment of the leadership team to the future growth and success of Granite Properties in the increasingly competitive landscape of commercial development.

FAQ

Who is the new CEO of Granite Properties?

Will Hendrickson, currently the Senior Managing Director, will be appointed as the new CEO of Granite Properties.

What new position will Michael Dardick assume?

Michael Dardick, the founding partner, will become the executive chairman of Granite Properties.

What role will Bill Brown hold in the company?

Bill Brown will take on the role of president while also retaining his current position as chief investment officer.

Who will be the senior managing director for the Dallas market?

Paul Bennett will assume the new position as senior managing director for the Dallas market.

What will be Jason Purvis’ responsibilities?

Jason Purvis will lead capital raising efforts and will continue as senior managing director and Southern California market leader.

Will there be changes in the current executive leadership of Granite Properties?

No, the current executive leadership, including Greg Fuller, Scott Martin, and Sheryl Troiani, will remain in their positions.

What will be the role and responsibilities of the executive chairman?

As executive chairman, Michael Dardick will focus on strategic planning, key client relationships, and provide support to the CEO, Will Hendrickson.

First Reported on: dallasnews.com
Featured Image Credit: Photo by Breno Assis; Unsplash ; Thank you!

Johannah Lopez

Johannah Lopez is a versatile professional who seamlessly navigates two worlds. By day, she excels as a SaaS freelance writer, crafting informative and persuasive content for tech companies. By night, she showcases her vibrant personality and customer service skills as a part-time bartender. Johannah's ability to blend her writing expertise with her social finesse makes her a well-rounded and engaging storyteller in any setting.
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