Share

Houston, TX, February 12, 2018 – NAI Partners’ private equity platform, NAI Investment Fund, has successfully completed fundraising for Fund II. The new fund oversubscribed its original goal and expects to deploy the capital by the end of 2018. NAI plans to launch Fund III in early 2019.

“With the successful deployment of Fund I and the quick raise of Fund II, our platform has a substantial amount of momentum. By the end of 2018, we expect to hold a total of $80+ million in assets under management consisting of office, industrial, and retail product located in Houston, Austin, San Antonio, and Dallas,” said Andrew Pappas, Senior Vice President of NAI Investment Fund.

The NAI Investment Fund I portfolio currently includes Spring Park Village, a 76,409-sq.-ft. retail center located at the intersection of I-45 and Cypresswood; 11301 Fallbrook Drive, a 61,165-sq.-ft. medical office building in Houston; and Marymont Park, a one-story office park in northeast San Antonio. It also recently sold its first portfolio acquisition, 12600 N Featherwood Drive, after successfully driving occupancy from 77% to 94% in two years despite the headwinds of a challenging Houston office market.

We Want to Hear From You

  • This field is for validation purposes and should be left unchanged.