Wedge Group
Wedge Group is a privately held Houston-based investment firm that since 2016 has focused on acquiring and managing income-producing U.S. commercial real estate — primarily Texas office buildings (four assets, 950,000+ sq. ft.) and Hilton-franchised hotels — historically operating as a multi-industry private equity investor.
- Company typePrivate
- Founded1970
- HeadquartersHouston, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Wedge Group does
WEDGE Group, L.L.C. is a Houston, Texas-based privately held U.S. investment firm founded in the 1970s that since 2016 has focused on acquiring and managing income-producing commercial real estate, primarily office buildings and hotels. Its current portfolio comprises four Texas office assets — 1415 Louisiana (Houston, 520,602 sq. ft.), Three Sugar Creek (Sugar Land, 154,400 sq. ft.), Escalade (Austin, 116,434 sq. ft.) and 3660 Regent (Irving, 158,728 sq. ft.) — totaling over 950,000 square feet, plus two future redevelopment sites (BLOCK 320 in Houston and Summit Park Vacant Land in McKinney). The firm generates rental and operating income from these assets and runs a Hilton-franchised hotel footprint under Embassy Suites by Hilton and Hilton Garden Inn brands.
Historically, WEDGE has been a multi-industry private equity investor, with realized investments spanning Howe-Baker (engineering, fabrication, and construction), Chicago Bridge & Iron, WEDGE Dia-log (wireline services, sold 1998 for ~$165M), Pioneer Drilling (2.75x return on $45.5M invested), WEDGE Oil and Gas Services (sold 2008 for ~$300M), Stor-A-Way (24-facility self-storage sold 2011 for $110M+), Fares Farms thoroughbred breeding, and WEDGE Measurement and Control. The company maintains a foreign affiliate, WEDGE International Holdings B.V. (Netherlands), supporting thoroughbred operations through Haras de Manneville in France.
Business operations rely on third-party property managers (Hines, Transwestern), leading commercial real estate brokerages (JLL, CBRE, Transwestern, Stream, Holt Lunsford Commercial), and a Tenant Portal hosted through a commercial café platform. Distribution is direct and relationship-driven; the firm does not maintain external investor fundraising infrastructure and is privately owned and controlled. The core technology stack is conventional office productivity tooling — there is no disclosed proprietary technology, AI/ML capability, API platform, or app ecosystem. Leadership includes Founder Issam M. Fares and Chief Executive Officer & President Brett Scholz.
Wedge Group firmographics
Firmographics- Name
- Wedge Group
- Legal name
- WEDGE GROUP, L.L.C.
- Website
- https://wedgegroup.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Wedge Group is a privately held Houston-based investment firm that since 2016 has focused on acquiring and managing income-producing U.S. commercial real estate — primarily Texas office buildings (four assets, 950,000+ sq. ft.) and Hilton-franchised hotels — historically operating as a multi-industry private equity investor.
- Ownership category
- akta.pro rank
Wedge Group industry classification
Industry- Product category
- Commercial Real Estate Investment
- NAICS
- Lessors of Other Real Estate Property (53119), Offices of Other Holding Companies (551112), Management of Companies and Enterprises (551)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)
- akta.pro primary industry
- Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
- akta.pro secondary industries
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)
Keywords
Where Wedge Group is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Wedge Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Rental Income: Wedge Group generates revenue through acquiring and managing income-producing real estate assets including office buildings and hotels. Properties are held for long-term cash flow with value-add upside potential.
- Private Equity Investment Returns: Historical private equity investments in various industries (manufacturing, oilfield services, engineering) generated returns through business sales and exits. Examples include WEDGE Oil and Gas Services sold for ~$300 million and WEDGE Measurement and Control sold in 2016.
- Thoroughbred Operations: Wedge Group continues thoroughbred breeding and racing operations through foreign affiliate Haras de Manneville located in France.
Go-to-market motion1 record
Distribution channels7 records
Marketing channels3 records
Wedge Group product offering
Product offeringCore offering
Wedge Group is a privately held U.S. investment firm that acquires and manages income-producing commercial real estate, primarily office buildings and hotels. Since 2016 the firm has concentrated on value-add U.S. real estate, holding four office properties totaling over 950,000 sq. ft. across Texas (Houston, Sugar Land, Austin, Irving) and pursuing future redevelopment sites. Historically the firm has also made controlling private equity investments across manufacturing, oilfield services, engineering, and self-storage, which it actively manages and exits.
Product overview
Wedge Group is a privately held U.S. investment firm focused on acquiring and managing income-producing real estate, primarily office buildings and hotels. The company's current portfolio consists of four commercial office properties (1415 Louisiana in Houston, Three Sugar Creek in Sugar Land, Escalade in Austin, and 3660 Regent in Irving) totaling over 950,000 square feet of office space. Additionally, Wedge Group has two future redevelopment sites (BLOCK 320 in Houston and Summit Park Vacant Land in McKinney). The firm also provides a Tenant Portal for tenant management services. This is a single-asset portfolio structure rather than a unified product platform.
Differentiator
Problem solved
Functional benefit
Products and services
- 1415 Louisiana 520,602 sq. ft. Class office property located at 1415 Louisiana in Houston, TX; leased to commercial tenants and serving as Wedge Group's corporate headquarters building.
- Three Sugar Creek 154,400 sq. ft. office property located at 3 Sugar Creek Center Boulevard in Sugar Land, TX; leased to commercial tenants.
- Escalade 116,434 sq. ft. office property located at 4301 Westbank Drive in Austin, TX; leased to commercial tenants.
- 3660 Regent 158,728 sq. ft. office property located at 3660 Regent in Irving, TX; leased to commercial tenants.
- Tenant Portal Online portal enabling tenants of Wedge Group's commercial office properties to access their accounts and manage their tenancy.
Quantifiable outcome
- Over 2.75x return on Pioneer Drilling investment ($45.5M invested, $125M+ proceeds)
- +3 more outcomes
Companies that use Wedge Group
Customer profileSegments2 records
Ideal customer profiles1 record
Wedge Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wedge Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- HinescoreThird-party management company providing property management services for Wedge Group's real estate portfolio.
- TranswesterncoreThird-party management company and key real estate brokerage relationship providing property management and brokerage services.
- CBREcoreKey real estate brokerage relationship for commercial property transactions and tenant representation.
- JLL (Jones Lang LaSalle)coreKey real estate brokerage relationship for commercial property transactions and advisory services.
- StreamcoreReal estate brokerage firm providing commercial property transaction services.
- Holt Lunsford CommercialcoreCommercial real estate brokerage firm providing transaction services for Wedge Group properties.
- Embassy Suites by HiltoncoreFranchise affiliation for hotel properties, providing brand standards, reservations systems, and marketing support.
- Hilton Garden InncoreFranchise affiliation for hotel properties, providing brand standards, reservations systems, and marketing support.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Wedge Group competitors and assessment
Company assessmentDirect peers
- Crow Holdings: Dallas-based, family-controlled private real estate investment and development firm with a multi-decade track record across commercial, residential, and industrial assets — the closest structural analog to Wedge Group as a privately-held Texas-rooted CRE investment platform.
- Howard Hughes Holdings: Texas-headquartered master-planned community developer and commercial real estate owner-operator; comparable to Wedge in long-duration, value-add ownership of large-scale Texas real estate assets and patient capital structure.
- Granite Properties: Texas-focused commercial real estate investor and operator specializing in Class A office and mixed-use assets; directly comparable to Wedge on asset class (office), geography (Texas), and value-add operating strategy.
- Boxer Property: Houston-based privately-held commercial real estate owner-operator focused on office and industrial assets across Texas and the Sun Belt; comparable to Wedge on Houston anchor, office focus, and private operating model.
- Cawley Partners: Dallas-based commercial real estate investment firm focused on Texas office and mixed-use assets; comparable to Wedge on Texas concentration, office specialization, and value-add repositioning strategy.
- Stonelake Capital Partners: Austin-based private real estate investment firm focused on commercial properties across Texas and the Sun Belt; comparable to Wedge on Texas geographic footprint, private family-style capital structure, and value-add office strategy.
- Trammell Crow Company: Dallas-headquartered commercial real estate development and investment firm with deep Texas roots; comparable to Wedge on long-duration Texas commercial real estate ownership and multi-cycle operating experience.
Broad incumbents
- Lincoln Property Company: Major Dallas-based national commercial real estate investor, developer, and third-party manager; broader scale than Wedge but directly comparable on Texas office focus and dual role as owner and outsourced service provider.
- Hines: Global real estate investment, development, and management firm headquartered in Houston; comparable on asset class (office, mixed-use) and geography, though operating at vastly larger scale — and currently a service provider to Wedge's portfolio.
Others
- JLL: Global commercial real estate services and investment firm; not a direct owner-competitor but operates in adjacent capacity and is a key brokerage channel partner for Wedge Group's transactions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Wedge Group social profiles
Digital presenceWedge Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wedge Group leadership team
Management profileNumber of profiles
Profiles2 records
Wedge Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wedge Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wedge Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wedge Group
What does Wedge Group do?
Wedge Group is a privately held U.S. investment firm that acquires and manages income-producing commercial real estate, primarily office buildings and hotels. Since 2016 the firm has concentrated on value-add U.S. real estate, holding four office properties totaling over 950,000 sq. ft. across Texas (Houston, Sugar Land, Austin, Irving) and pursuing future redevelopment sites. Historically the firm has also made controlling private equity investments across manufacturing, oilfield services, engineering, and self-storage, which it actively manages and exits.
Is Wedge Group a public or private company?
Wedge Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wedge Group founded?
Wedge Group was founded in 1970. It employs 501 to 1,000 people.
Where is Wedge Group based?
Wedge Group is headquartered in Houston, United States, in the North America region.
How does Wedge Group make money?
Three revenue lines are on record. Real Estate Rental Income is the primary driver. The others are private Equity Investment Returns and thoroughbred Operations.
Who are Wedge Group's main competitors?
Direct peers on record are Crow Holdings, Howard Hughes Holdings, Granite Properties, Boxer Property, Cawley Partners, Stonelake Capital Partners and Trammell Crow Company. Broad incumbents are Lincoln Property Company and Hines. JLL is listed as an others.
Does Wedge Group have an API?
No public API is recorded for Wedge Group.
What industry is Wedge Group in?
Wedge Group's product category is Commercial Real Estate Investment. Its primary akta.pro industry code is FSAAADAH, Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest), with a secondary code of FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its NAICS code is 53119 and its SIC code is 6532.