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Houston, TX, July 15, 2021 – NAI Partners—the commercial real estate services business of Partners Real Estate Company—today announced that its Texas Investment Sales Division has completed the sale of Richmond Commons, a 76,847-sq.-ft. retail shopping center near the Westpark Tollway and Beltway 8 in Houston.

Richmond Commons

NAI Partners’ Davis Amanyisye and Ryan DeGennaro were the sales professionals who arranged the sales transaction.

“Davis and Ryan did an amazing job on a very difficult deal and closed it at 98% of the list price,” said Scott Lunine, Managing Director of NAI Partners’ Texas Investment Sales Division. “The seller received a handful of offers prior to the listing, but our aggressive marketing campaign generated multiple offers well above the original bids. This is the first closing for Davis and Ryan at NAI Partners, and both have an amazing pipeline of deals with many more closings to come.”

Other significant happenings in NAI Partners’ Investment Sales group over the past year include:

For more information, please contact Larry Koestler, Senior Vice President of Marketing & Communications, at 713.629.0500.

About NAI Partners
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; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 180 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 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, Industrial Services, Retail Services, Office Project Leasing, Industrial Project Leasing, Retail Project Leasing, Property Services, Investment Sales, Valuation and Advisory Services, Project Services, Land Sales, and Life Sciences & Healthcare Services, among other lines of business. NAI Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 5th-largest Houston-Area Commercial Real Estate Brokerage and #1 Mover of Square Feet among leasing and sales brokerages in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 12 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. NAI Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies. Visit us on the web at www.naipartners.com. NAI Partners’ holding company is Partners Real Estate Company, which also owns Partners Capital, a real estate investment fund platform; and Partners Development, an in-house development company delivering ground-up, build-to-suit, and development investment projects. Visit Partners Real Estate Company on the web at www.partnersrec.com.

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