The Woodlands, TX March XX, 2023 – Pinecroft Realty, a boutique commercial real estate company specializing in healthcare real estate development and investment, announces the promotion of Jim Pisula to President and Chief Executive Officer.
After playing a leading role in the development of the company as Chief Investment Officer and Partner for the past 15 years, Jim has been promoted to President and CEO while Tom Pisula, former President and CEO, will transition to the role of Chairman. Over the past twenty years, Tom’s leadership and vision helped establish Pinecroft and set it on a successful national trajectory. Jim’s promotion and the new titles formalize a transition plan that has been in process for some time and comes at a time of growth for Pinecroft Realty as the company continues to develop across the commercial real estate industry. Pinecroft’s evolution and commitment from its leadership team enable the firm to continue to execute its business plan, nurture strategic partnerships, and capitalize on its core strengths.
“Jim has been a driving force behind evolving Pinecroft Realty into a nationally recognized healthcare real estate developer and investor,” says Tom Pisula. “When I started Pinecroft 20 years ago, I had no idea it would become the firm it is today. I am looking forward to working with and supporting Jim as our company continues to grow.”
“While we celebrate our company’s many accomplishments over the past twenty years, we look forward to what the future holds for Pinecroft under Jim’s leadership. Jim’s expertise and industry-wide reputation provide exceptional value to our firm,” says David Teague, Executive Vice President and Chief Operating Officer.
“This is an exciting time for our company and I’m grateful to have the opportunity to continue to evolve Pinecroft Realty’s brand with my colleagues and our partners. There are so many people and partnerships that have played a role in Pinecroft’s success over the course of our 20-year history. This is a tremendous opportunity and an equally great responsibility to be stepping into this role at Pinecroft Realty. Our strategies will continue to evolve, but our principles and core values will remain unchanged. I couldn’t be more excited for the future of the company alongside my Pinecroft colleagues and partners,” says Jim.
In addition, David Teague will remain as Executive Vice President and Chief Operations Officer. All three partners have strong business acumen and are philanthropic, purpose-driven leaders that have continuously brought value and innovation to the business and surrounding communities.
About Pinecroft Realty
Pinecroft Realty is a full-service commercial real estate firm focused on healthcare real estate development, investment and management. The firm is celebrating its 20-year anniversary in business and has established offices in Texas, Colorado, and Arizona. Pinecroft’s headquarters are located in The Woodlands, Texas, a suburb of Houston. Pinecroft provides property, asset and facilities management services for over 2.5 million square feet of commercial real estate.