Full-Time

Senior Graphic Designer

Stream Realty

Stream Realty

501-1,000 employees

Full-service commercial real estate firm

No salary listed

Austin, TX, USA

In Person

Bachelor's

Category
Art, Graphics & Animation
Required Skills
Adobe InDesign
Adobe Photoshop
Word/Pages/Docs
Adobe Illustrator
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

Get referred to Stream Realty

See people who can refer or advise you

Requirements
  • BA or BFA in a design-related field from an accredited university
  • A minimum of 5 years as a graphic designer or similar role
  • A portfolio demonstrating strong design fundamentals, versatility across styles, and the ability to define and execute a creative vision
  • Genuine curiosity about AI in the creative process is required
  • Excellent knowledge of Adobe Creative Suite (InDesign, Photoshop, Illustrator and Acrobat)
  • Proficient knowledge of Microsoft Office (specifically Outlook, Word, Excel, and PowerPoint)
  • Excellent organization, project management, and communication skills, with the presence to participate in meetings and collaborate across a range of personalities
  • Ability to work autonomously and effectively and cross-manage multiple projects at one time and to work collaboratively with the marketing team and internal clients
  • Ability to shift priorities and deliver projects on a timely basis, well organized, excellent time management skills and ability to interface with local executives
  • Has a structured approach to problem solving
Responsibilities
  • Partner with the Strategic Marketing Manager, marketing team, and brokerage teams to concept and produce best-in-class marketing deliverables, including pursuits and proposals, property and building branding, property marketing materials, and digital, social, and email campaigns
  • Develop original design styles, visual systems, and creative concepts that elevate the team’s creative direction and can be adopted and extended by other team members
  • Champion the thoughtful implementation of AI in the design workflow by exploring, testing, and rolling out tools and techniques that improve speed, quality, and creative possibility
  • Build and maintain scalable templates, asset libraries, and brand toolkits that create efficiencies and consistency across the team’s deliverables, including vendor relations for production
  • Assess projects holistically, identify missing pieces, and communicate proactively with marketers and brokers to move work forward quickly and clearly
  • Participate actively in meetings and presentations, articulating creative concepts and design rationale with confidence to a range of personalities across our brokerage and marketing teams
  • Thrive in a fast-paced environment, managing multiple projects simultaneously with excellent attention to detail
  • Apply strong knowledge of production methods, materials, and print and digital best practices across all deliverables
Desired Qualifications
  • Real estate experience preferred (any asset class or product type)
  • Genuine curiosity about AI in the creative process is required; hands-on fluency with AI design tools and workflows (e.g., Adobe Firefly, AI-assisted production) is preferred

Stream Realty Partners provides commercial real estate services for office, industrial, retail, and healthcare properties. The company operates by assigning teams of professionals to manage leasing, development, and investment transactions for over 411 million square feet of space. Unlike many competitors, Stream focuses on a culture of specific core values—smart, honest, nice, and passionate—to attract top talent and maintain high service standards. Their goal is to provide an unequaled level of service to clients while managing billions of dollars in annual real estate transactions.

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Dallas, Texas

Founded

1996

Get referred to Stream Realty

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • July 20, 2026 added Hayden Eaves, Kristen Sullivan, and Jill Bartolome in Los Angeles.
  • June 15, 2026 Stream won property management at 230 W. Monroe for Menashe Properties.
  • May 4, 2026 and May 13, 2026 Houston hires and Northfield signaled aggressive growth.

What critics are saying

  • Londry v. Stream Realty Partners, L.P. still shadows the company after NCBC 19.
  • The June 2026 Los Angeles launch depends on ex-Avison Young rainmakers staying put.
  • Northfield Logistics Center targets Q1 2027 delivery; lease-up risk hits returns fast.

What makes Stream Realty unique

  • Stream Realty Partners pairs leasing, property management, and development under one platform.
  • Jonathan Larsen launched Downtown Los Angeles in June 2026 with trusted Avison Young veterans.
  • Stream’s financial-institution focus gives brokers decades-long relationships with banks and credit unions.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Company News

Recruiter Hustle
Jul 25th, 2026
People move: Kristen Sullivan joins Stream Realty Partners as Vice President in Los Angeles.

People move: Kristen Sullivan joins Stream Realty Partners as Vice President in Los Angeles. July 25, 2026 Kristen Sullivan has spent more than two decades earning the trust of a client base most brokers never quite crack: financial institutions navigating real estate decisions with real regulatory weight behind them. She has now joined Stream Realty Partners as Vice President in the firm's Los Angeles office, part of the same wave of talent giving Stream's newest platform real staying power. YEARS IN CRE, SALES & CLIENT SERVICE FINANCIAL INSTITUTION CLIENTS CREDIT UNION BOARD & COUNCIL SEATS Sullivan joins Stream's Office Tenant Representation practice, coming over from Avison Young where she served as Vice President. She arrives alongside Hayden Eaves, joining as Executive Vice President, and Jill Bartolome, joining as Senior Brokerage Coordinator. All three are stepping into Stream's recently launched Los Angeles office, led by Jonathan Larsen as Executive Vice Chairman & Partner, Greater Los Angeles Area Market Leader, alongside Chandler Larsen as Managing Director, as the two build out Stream's presence across Los Angeles and Ventura County. Sullivan's approach has always been relationship-first. Before focusing on commercial real estate, she spent years building a career in sales and client service across other industries, and she has carried that same instinct directly into her brokerage practice. Her expertise spans tenant representation, landlord representation, lease negotiations, acquisitions, and long-range real estate planning, and her client list reflects just how deep her focus on financial institutions runs: Bank of Hope, Hanmi Bank, Tri Counties Bank, USC Credit Union, and roughly two dozen financial institutions in total have trusted her to negotiate leases and acquisitions that support their growth and long-term stability. She holds a Bachelor of Science in Organizational Management from the University of La Verne. That breadth of relationships did not happen by accident. Financial institutions do not switch brokers casually, and building a client list this concentrated in one sector takes years of proving an advisor understands both the real estate and the regulatory pressure sitting on top of it. Representing both landlords and tenants across her career has given Sullivan something a lot of brokers never fully develop: a genuinely two-sided view of the negotiating table. She knows what a landlord needs to see in a deal to say yes quickly, and she knows what a financial institution needs in a lease to satisfy examiners, boards, and long-term operating plans that stretch a decade or more into the future. That is a different skill set than closing a single transaction well. It is the skill set required to keep a client's real estate strategy sound across dozens of decisions over many years, which is exactly the kind of long-horizon trust financial institutions look for in an advisor. Sullivan's commitment to the credit union community goes well beyond client work. She serves as a Council Member with Emerging Credit Union Leaders and as Vice-Chair Board Member of Pasadena Federal Credit Union, seats that put her inside the same institutions she advises, thinking about their long-term health from the inside rather than just the outside. That kind of dual perspective, sitting on a credit union board while also representing credit unions in real estate negotiations, is not common, and it gives her clients a level of trust that is difficult to manufacture any other way. This move is also a reunion story on more than one level. Sullivan, Eaves, and Bartolome all came from Avison Young, following a path that Jonathan Larsen and Chandler Larsen cut first when they launched Stream's Los Angeles office earlier this year, also arriving from Avison Young's leadership ranks. A team that already knows how to work together does not have to spend its first year figuring out each other's strengths. It can spend that time serving clients. For an office built specifically to become a best-in-class office tenant representation platform, that head start matters. It also gives Stream a foothold beyond the city itself: the mandate handed to Larsen and Chandler Larsen extends the platform's reach into Ventura County as well, a market where financial-institution relationships built over decades carry particular weight. Stream Realty Partners President and CEO Chris Jackson framed the broader strategy behind moves like this one plainly when the Los Angeles office first launched: the firm is investing in the markets that matter most to its clients and aligning them with teams built to deliver at a high level. Sullivan's addition is a direct continuation of that plan. Los Angeles is one of the most competitive commercial real estate markets in the country, and a platform's credibility with financial institution clients in particular depends on advisors who already have those relationships built, not advisors starting from zero. It is the same pattern we track across the SoCal talent market again and again: the strongest moves rarely involve a single person chasing a bigger title alone. They are trusted relationships reassembling themselves at a new address, the way Hayden Eaves followed the colleague he came up with, and the way Sullivan is now doing the same, bringing two decades of financial-institution focus that made her exactly the kind of proven relationship Stream's Los Angeles platform needed on day one. To Kristen Sullivan: congratulations on the new chapter. Two decades of earning trust one financial institution at a time is exactly the kind of track record that makes a launch team worth betting on. Know a leader who deserves this spotlight? This is what we do at Recruiter Hustle: we don't just report the move, we honor the person behind it. If you, your company, or someone you admire just stepped into a new chapter, we want to tell that story right. HEART. HUMAN. HUSTLE. Sources & verification Cathy Trinh Chief Talent Strategist & Editor-in-Chief | 26-year global recruiting veteran, #1 bestselling author, cancer survivor & humanitarian. Founder of Recruiter Hustle, OC/LA's no-filter media platform for talent, finance & recruiting professionals. Heart. Human. Hustle. OC/LA pulse. July 22, 2026 People moves. July 25, 2026 July 23, 2026 Executive voices. July 10, 2026 Hustle & leadership. July 22, 2026 July 21, 2026 Talent & recruiting. July 15, 2026 Finance & markets. July 21, 2026 July 17, 2026

Recruiter Hustle
Jul 25th, 2026
People move: Hayden Eaves joins Stream Realty Partners as Executive Vice President in Los Angeles.

People move: Hayden Eaves joins Stream Realty Partners as Executive Vice President in Los Angeles. July 25, 2026 Some career moves are a step forward. This one is a reunion. Hayden Eaves has joined Stream Realty Partners as Executive Vice President in the firm's Los Angeles office, reconnecting with a leader he started his career alongside decades ago, and he didn't come alone. YEARS IN CRE FINANCIAL INSTITUTION CLIENTS PROS JOINING TOGETHER Eaves joins Stream's Office Tenant Representation practice, coming over from Avison Young where he served as a Principal. He isn't arriving solo. Kristen Sullivan, who brings more than a decade of experience advising corporate occupiers, joins as Vice President, and Jill Bartolome joins as Senior Brokerage Coordinator. All three are stepping into Stream's recently launched Los Angeles office, opened in June, led by Jonathan Larsen as Executive Vice Chairman & Partner, Greater Los Angeles Area Market Leader, alongside Chandler Larsen as Managing Director, as the two build out Stream's presence across Los Angeles and Ventura County. The professional resume alone is a strong one. Eaves brings more than 30 years of commercial real estate experience, almost all of it built around a specialty that is not easy to replicate: advising financial institutions. Credit unions, community banks, and regional lenders across Southern California have relied on him for tenant representation, landlord representation, leasing, acquisitions, dispositions, and long-range strategic planning. His client list reads like a directory of the region's financial institutions: Bank of Hope, California Credit Union, Firefighters First Credit Union, Hanmi Bank, LA Financial Credit Union, Mechanics Bank, Umpqua Bank, USC Credit Union, and roughly twenty-five financial institutions in total have trusted him with real estate decisions that carry real operational stakes. Two recent deals capture the range of that work well: the Bank of Hope headquarters lease in Downtown Los Angeles, and Pasadena Federal Credit Union's headquarters consolidation in the San Gabriel Valley. He holds a Bachelor of Arts in Management from the University of Redlands. Here is where the story gets personal, and it goes back further than either man's time at Avison Young. Larsen and Eaves started their careers together at Coldwell Banker Commercial, now known as CBRE, alongside a third colleague, Eric Moore. Thirty-five years later, after their paths carried them through Avison Young together, where Larsen led the Los Angeles office as Principal and Managing Director and sat on the firm's national Executive Committee while Eaves worked alongside him as a Principal, that same partnership is continuing at Stream. It is a rare thing in this industry to build a career next to someone for thirty-five years and still choose each other, by choice and not convenience, every time a new chapter starts. That is exactly what is happening here. "I am so honored to have Hayden continue our partnership after 35 years working together, to continue to collaborate and service our clients as we started our careers together. With the addition of Kristen, supported by Jill, our collective team with Stream's technology and long history of being best-in-class, full-service commercial real estate and development, we are excited for an incredible opportunity in Greater Los Angeles." Jonathan Larsen, Executive Vice Chairman & Partner, Greater Los Angeles Area Market Leader, Stream Realty Partners It also says something about how Larsen is building this office. A launch team is a statement of intent, and rather than assembling a roster of unfamiliar names, Larsen went back to the people whose work he had already watched up close for years. That is a different kind of confidence than hiring off a resume. It is the confidence of someone who has already sat across the table from a colleague during a hard negotiation and knows exactly how they perform under pressure. Stream, a national commercial real estate firm founded in 1996 and now home to more than 1,550 professionals completing north of $11.5 billion in annual transactions, is betting that this kind of built-in trust scales faster than a cold recruiting pipeline ever could. For Stream, the timing could not be better. The firm launched its Los Angeles presence with a clear mandate: build a best-in-class office tenant representation platform across Los Angeles and Ventura County, in one of the country's most competitive commercial real estate markets. A launch is only as strong as the people willing to bet on it early, and Eaves, Sullivan, and Bartolome represent exactly that kind of early conviction. Eaves described the move in similarly direct terms. "The opportunity to join Stream at this stage of its growth in Los Angeles was incredibly compelling. We look forward to working alongside such a talented group of professionals and continue helping clients navigate complex real estate decisions with the support of a collaborative, entrepreneurial platform." It is the same pattern we track across the SoCal talent market again and again: the strongest moves are rarely a single person chasing a bigger title. They are trusted relationships reassembling themselves at a new address. A CFO who has sat through an FDA approval push before stepping into a biotech's finance seat. A broker who spent fifteen years litigating the exact disputes she now helps clients avoid. And now a tenant representation veteran who followed the leader he came up with, bringing two more trusted colleagues along for the move. Stream's Los Angeles office isn't just adding headcount with this hire. It is adding a team that already knows how to win together, in a market where financial institutions in particular need advisors who understand both the real estate and the regulatory pressure sitting on top of it. That is the piece of this move that is easy to miss. Banks and credit unions do not shop for real estate the way a typical corporate tenant does. Every lease, every branch consolidation, every headquarters decision runs through committees, regulators, and a board that answers to depositors. An advisor who has spent thirty years inside that specific pressure cooker, and who has already earned the trust of two dozen-plus institutions across Southern California, is not a commodity hire. He is the kind of relationship a firm spends years trying to build from scratch, and Stream just got it on day one. To Hayden Eaves: congratulations on the new chapter, and on choosing to build it with people you already trust. Few professionals get the chance to reunite with the colleague they came up with and call it a promotion. Fewer still bring two more good people along for the ride. Know a leader who deserves this spotlight? This is what we do at Recruiter Hustle: we don't just report the move, we honor the person behind it. If you, your company, or someone you admire just stepped into a new chapter, we want to tell that story right. HEART. HUMAN. HUSTLE. Sources & verification Cathy Trinh Chief Talent Strategist & Editor-in-Chief | 26-year global recruiting veteran, #1 bestselling author, cancer survivor & humanitarian. Founder of Recruiter Hustle, OC/LA's no-filter media platform for talent, finance & recruiting professionals. Heart. Human. Hustle. OC/LA pulse. July 22, 2026 People moves. July 25, 2026 July 23, 2026 Executive voices. July 10, 2026 Hustle & leadership. July 22, 2026 July 21, 2026 Talent & recruiting. July 15, 2026 Finance & markets. July 21, 2026 July 17, 2026

Avison Young
Jul 22nd, 2026
Avison Young appoints new market leadership in Houston.

Avison Young appoints new market leadership in Houston. July 22, 2026 Matthew Seliger assumes Market Leader role to accelerate growth, expand service offerings, and strengthen talent recruitment. Houston, TX - Global commercial real estate advisor, Avison Young, today announced that Matthew Seliger has joined the firm as Principal and Market Leader for its Houston office. In this role, Seliger will lead the market's strategic growth initiatives, expanding the firm's capabilities across brokerage, property management, project management, and valuation services while recruiting top industry talent to support continued growth. A seasoned commercial real estate leader, Seliger brings extensive experience in agency leasing, tenant representation, strategic lease negotiations, and asset positioning. He has successfully developed and executed property-specific marketing strategies, led capital improvement projects, and mentored the next generation of brokerage professionals. "Houston is one of the country's most dynamic and strategically important commercial real estate markets, and we continue to see tremendous opportunity for growth across the region," said Harry Klaff, Principal and U.S. President of Avison Young. "Matthew brings a proven track record of brokerage excellence, strong market relationships, and a collaborative leadership style that aligns with our culture. His experience and vision make him the right leader to accelerate our growth in Houston, deepen client relationships, and continue expanding our presence in one of the nation's most competitive real estate markets." As Market Leader, Seliger will focus on growing Avison Young's Houston platform while fostering the firm's collaborative, people-first culture. His vision includes strategically expanding the brokerage business, investing in talent, and positioning the office for sustained long-term success. "The Houston commercial real estate market continues to evolve at an incredible pace," said Seliger. "While the energy sector remains a foundational driver of our economy, we're seeing tremendous diversification across industries, along with increased efficiency driven by AI and other emerging technologies. Avison Young is exceptionally well positioned to evolve alongside our clients and deliver the integrated, forward-looking solutions they need to succeed." He added, "I found a strong alignment with Avison Young's leadership team, not only around continuing the impressive growth of the Houston office, but also around the tremendous opportunity that lies ahead for the firm in this market. I'm excited to join such a talented team of professionals, many of whom I've admired throughout my career, and I'm looking forward to helping build on the office's momentum and long-term success." Seliger joins Avison Young from Stream Realty Partners, where he spent more than four years as Vice President, Office Leasing, overseeing the leasing of institutional-quality office assets throughout the Houston market. Prior to Stream, he spent nine years at Transwestern, representing both office and industrial tenants while also providing agency leasing services. He holds a Bachelor of Science from The University of Texas at Austin and is actively involved in the community through Texas Exes, The Texas Cowboys Alumni Association, Wilchester Men's Club, and the Houston Livestock Show & Rodeo. About Avison Young Avison Young is a global commercial real estate advisory firm that's been committed to making great places for people since 1978. With more than 100 offices and 4,000+ real estate professionals worldwide, the firm combines global reach with market intelligence to help move the industry forward. Its expertise spans across all aspects of commercial real estate including office, industrial, retail, capital markets, multi-residential, hospitality, healthcare, life sciences, land and development, institutional, and a broad range of specialty practices to deliver customized solutions that meet clients' needs. Avison Young has achieved Canada's Best Managed Companies Platinum Club designation for 15 consecutive years, reflecting strong business performance and sustained growth. Media Contact: Darcie Giacchetto, Senior Media Relations & Content Specialist - Western States & Texas: +1 949 278 6224

Stream Realty Partners
Jul 20th, 2026
Stream Realty Partners expands Los Angeles team with office tenant representation hires.

Stream Realty Partners expands Los Angeles team with office tenant representation hires. Los Angeles, CA Hayden Eaves and Kristen Sullivan Join Recently Launched Downtown LA Office LOS ANGELES - July 20 2026 - Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, continues the expansion of its recently launched Downtown Los Angeles office with the addition of Hayden Eaves as Executive Vice President and Kristen Sullivan as Vice President. Joining Stream from Avison Young, the commercial real estate professionals further strengthen the firm's growing Los Angeles platform, expanding the firm's expertise advising financial institutions, corporate occupiers, property owners, and businesses across a broad range of real estate strategies. The additions represent the latest investment in Stream's Los Angeles growth strategy following the firm's June launch of its Downtown Los Angeles office. The office is led by industry veteran Jonathan Larsen, Executive Vice Chairman, and Chandler Larsen, Managing Director, who oversee Stream's continued growth and operations across the Greater Los Angeles market as part of the firm's broader Southern California region, led by Marty Pupil, Executive Managing Director. Together, the growing team continues to expand Stream's office tenant representation capabilities while advising occupiers on complex real estate strategies throughout Los Angeles and nationally. "Hayden and Kristen are outstanding additions to our team and reflect the caliber of professionals we're attracting to Stream," said Pupil. "Hayden's decades of experience and strategic counsel, combined with Kristen's expertise serving corporate occupiers, further strengthen our ability to advise clients on complex real estate decisions while continuing to build a premier office tenant representation platform in Los Angeles." Eaves brings more than 30 years of commercial real estate experience advising corporate occupiers, financial institutions, and property owners on complex real estate strategies. Throughout his career, he has specialized in office tenant representation, lease negotiations, corporate real estate planning, and long-term occupancy strategies, helping clients align their real estate decisions with broader business objectives. Among his recent work for financial institutions are the Bank of Hope headquarters lease in Downtown Los Angeles and Pasadena Federal Credit Union's headquarters consolidation in the San Gabriel Valley. With more than a decade of commercial real estate experience, Sullivan advises corporate occupiers on multi-market real estate strategies, long-range planning initiatives, and complex lease transactions. She has experience representing both tenants and landlords, helping clients navigate new leases, renewals, portfolio planning, and workplace strategies while aligning real estate decisions with broader business objectives. Also joining Stream's Los Angeles office is Jill Bartolome as Senior Brokerage Coordinator. "When we launched our Los Angeles office, our goal was to build a best-in-class office tenant representation platform," said Jonathan Larsen. "Adding Hayden, Kristen, and Jill is another important step toward that vision. Having started our careers together, it's especially rewarding to welcome Hayden to the team. Each brings outstanding experience, trusted client relationships, and a collaborative approach that strengthens our team and enhances the level of service we provide to clients throughout Southern California and beyond." "The opportunity to join Stream at this stage of its growth in Los Angeles was incredibly compelling," said Eaves. "We look forward to working alongside such a talented group of professionals and continue helping clients navigate complex real estate decisions with the support of a collaborative, entrepreneurial platform." About Stream Realty Partners Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment, and development services. This includes tenant and landlord representation; Legendary CX property management; capital markets; investment management and sales; construction & project management; manufacturing, food & beverage, and distribution; workplace strategy; strategic marketing; and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $11.5 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X, and Facebook.

Data Center Dynamics
Jul 15th, 2026
Plug Power sells Texas site to Stream Data Centers.

Plug Power sells Texas site to Stream Data Centers. Land in Graham earmarked for hydrogen plant set to host data centers July 15, 2026 Hydrogen firm Plug Power is selling more land to US data center firm Stream. The company this week announced two transactions with Stream US Data Centers, LLC: One to sell land in Texas to the operator and another to amend an existing sale agreement over land in New York. Nasdaq-listed Plug has signed a definitive agreement to sell its project in Graham, Young County, Texas, comprised of 66 acres of land and associated 164MW of grid interconnection assets, to Stream for up to $76.5 million. The deal is expected to close at the end of July. Around $50 million is to be paid at closing, and up to an additional $26.5 million based on the load capacity that will be confirmed in the final interconnection agreement with the Texas utility. The site, to the west of Graham, was previously set to host Limestone, Plug's green hydrogen production project and would have been the company's largest hydrogen plant. Originally set to open in 2025, before merely hoping to start construction that year, the company has officially dropped the plans earlier this year amid a change in company strategy. Stream hasn't commented on its plans for the site, some 87 miles (140 km) west of Fort Worth. Plug said the sale is also expected to enable the release of approximately $14 million of cash collateral currently supporting letters of credit/security payments, following the transfer of the applicable interconnection-related obligations and security arrangements to Stream. In total, this transaction is expected to provide up to approximately $90.5 million of total liquidity. Founded in 1999, Stream's footprint extends across Texas, Illinois, Minnesota, Colorado, Ohio, Virginia, Iowa, Oklahoma, Georgia, Alabama, and California. The company was recently acquired by Apollo Global Management from Stream Realty Partners. Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its interest in the New York Gateway Project to Stream for $142 million. That deal has now been amended slightly. Stream's prior $6.5 million escrow deposit will be promptly released to Plug, and Stream will make a new $10 million escrow deposit toward its purchase of land at the Gateway site. The closing provisions have also been amended to enable the near-term sale of the land, and the long-stop closing date for the sale of non-land assets has been extended to March 31, 2027, to afford additional time for completion of the applicable New York State environmental and regulatory review processes and satisfaction of the remaining closing conditions. Plug will retain ownership of the substation and interconnection assets, along with a repurchase right over the land, until the second closing. Founded in 1997, New York-based Plug develops hydrogen fuel cell and electrolyzer systems. The firm has hydrogen plants currently operational in Georgia, Tennessee, and Louisiana, as well as hundreds of fuelling stations. The company has deployed thousands of fuel cell-powered forklifts, with customers including Walmart, Amazon, Home Depot, BMW, and BP. The New York site, located in the STAMP industrial park in Alabama, Genesee County, was originally set to host a hydrogen plant but was sold to Stream in March. Stream is aiming to develop a campus known as Project Double Reed on the site that could total 500MW across two two-story buildings. How the newly introduced statewide data center moratorium in New York will impact the project is unclear. Plug said the transactions represent "additional progress" under its previously announced strategic infrastructure optimization initiative amid ongoing losses and are expected to deliver more than $80 million of near-term incremental liquidity. Stream and Plug Power said the pair are now also "actively exploring" other opportunities for Plug to deploy its products into the data center industry. "Plug is appreciative of the continued collaboration and partnership with Stream Data Centers and is excited to position for closing in the near term. Monetizing these assets was a key part of our strategy this year, coupled with the continued improvements in margin and cash flows to fund the business. We look forward to sharing our results for the second quarter shortly and believe that we are on track with our financial goals for 2026. The improvement in margins, effective management of our liquidity, and the growth of our sales pipeline remain our critical focus," said Jose Luis Crespo, Plug Power CEO. More in construction & site selection.