Mower says the idea is to become a one-stop shop to position Woodmont for investment opportunities as well as new development. That, she says, is the most critical of changes. "We are going to be more opportunistic of where we place not only our financial capital, but our human capital," she told GlobeSt.com. The restructuring is geared to providing a wider spectrum of services, from tenant representation to e-tailing and as far reaching as property disposition and acquisition.

Woodmont's changes are a direct result of the nature of today's real estate business, says Mower. Those changes could spell more offices in Texas. Woodmont presently has a small management office in Houston and nothing in Austin. "There are no plans right now, but I wouldn't rule it out," she says. "Six months down the road, we may be looking." Such a move would hinge on client needs, she emphasizes.

The Asset Services Group, which she heads, will oversee brokerage, management and all financial services. A newly formed Investment Group will be an internal decision-making body to seek out and manage investment opportunities for Woodmont and its clients. A leadership committee is in the works in a move to improve lines of internal communication. An advisory board also is being formed, seating members outside the company much like a board of directors for a publicly held corporation. The board members will be announced in the near future.