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NAI Partners Landlord Services division to lease and manage property
Houston, TX, September 16, 2019 – NAI Partners’ Investment Fund is pleased to announce that it has officially closed on its first Fund III acquisition, Point West Business Park, a 146,000-sq.-ft. flex industrial park located just south of the Westchase District in Houston, Texas. The deal was closed off-market with Interra Capital Group as the Seller. Andrew Pappas and Adam Hawkins of NAI Partners’ Investment Fund negotiated and closed the deal alongside Todd Carlson and Brad Porter.
“This closing marks the tenth acquisition for the NAI Partners Investment Fund platform and places our total transaction volume at over $100 million,” said Andrew Pappas, Partner at NAI Partners and head of the NAI Investment Fund. “Our growth would not be possible without the strength and dedication of the NAI Partners team.”
Jennifer Gourlay and Amy Ivy of NAI Partners were hired to manage the property, with leasing assigned to Lesley Rice and Andy Parrish of NAI Partners.
For additional information regarding the NAI Investment Fund platform, please contact Andrew Pappas at 713.629.0500.
About NAI Partners
Houston | Austin | San Antonio
NAI Partners is the 5th-largest Houston-Area Commercial Real Estate Brokerage, the #1 Mover of Square Feet among leasing and sales brokerages, the largest independently owned and among the largest owner-operated commercial real estate firms in Houston, Texas, per The Houston Business Journal. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state of Texas; and can leverage the power of the NAI Global network to arrange deals in any location throughout the world. NAI Partners employs more than 100 real estate professionals, and arranges more transactions than any of its competitors, completing over 500 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of office tenant representation, office landlord representation, industrial tenant representation, industrial landlord representation, landlord services, retail services, property management, investment sales, an investment fund, and project management, among other services. The company has been named a Best Place to Work by both the Houston Chronicle and Houston Business Journal, and is among the University of Houston’s Cougar 100 Fastest-Growing Companies.
Commercial real estate in Houston. NAI Partners offers full-service commercial real estate solutions to Houston, Austin and San Antonio, and has been serving the Houston commercial real estate needs of its clients for more than 20 years. We specialize in finding office space, industrial space and retail space, and can arrange an office lease, industrial lease or retail lease for your company. Our industrial brokers help tenants and landlords or property owners of any size find the perfect real estate space or location for their business needs. For more information, contact us today.