HUTTON, a Chattanooga-based commercial real estate, development and investment company, announced the appointment of Douglas Kyle as chief development officer. Mr. Kyle brings more than 35 years of real estate and development expertise to HUTTON.
“We are pleased to welcome Doug to the HUTTON team and the Chattanooga community,” said Karen Hutton, president and CEO. “Doug’s decades of diversified and relevant experience will be invaluable to the leadership team as we evaluate and execute developments.
His strong industry relationships and ability to perform with precision will be integral as we continue our pace of $350 million in projected development costs annually.”
As chief development officer, Mr. Kyle will lead the real estate and development teams and assist with optimizing the company’s operating portfolio, which consists of an evolving mix of shopping center, single tenant, self-storage and multi-family, as well as joint ventures. Mr. Kyle is the third executive that HUTTON has brought on over the past two years to round out its leadership team comprising Karen Hutton, president and chief executive officer; Mike Deering, chief Investment officer; Matt Partridge, chief operating officer/chief finance officer; and Ben Harper, general counsel.
“Under Karen’s leadership, the company has completed more than 1,100 projects across 40 states, which is an incredibly impressive track record,” said Mr. Kyle. “In addition to its accolades in the industry, the HUTTON team’s ambitious and supportive approach are collectively what made this opportunity right for me. I look forward to leading the team as well as growing and diversifying the business to push the envelope year over year.”
Before joining HUTTON, Mr. Kyle served as president of Armstrong Development Properties for 15 years, where he oversaw all day-to-day operations of the company and the launch of their national development platform for a wide range of franchise and national clients. Mr. Kyle relocated to Chattanooga for the position at HUTTON from Pittsburgh, Pa. He also served as a member of the Pennsylvania Association of Realtors.