Partners

What Partners does

Partners Real Estate is a privately held, partnership-structured commercial real estate firm headquartered in Houston, Texas, with offices in Austin, San Antonio, Dallas, and Atlanta. Formed in 1997 and rebranded from NAI Partners to Partners in 2022, the firm operates an integrated platform combining brokerage, investment sales, property and facilities management, valuation and advisory, project services, and development for occupiers, landlords, and investors in the office, industrial, retail, life-sciences, multifamily, healthcare, hospitality, and land sectors.

Its product surface is organized around three operating arms. NAI Partners delivers full-service brokerage spanning tenant representation, project leasing, investment sales, and land sales, and is plugged into the NAI Global network for international reach. Partners Capital is the investment and development platform managing multiple specialized funds (Value Add, Land, Hospitality) and operating through Partners Development for build-to-suit, industrial, retail, mixed-use, and medical projects. Partners Finance is a FINRA/SIP-C-registered broker-dealer offering the firm's investment funds to qualified investors, family offices, and institutions. Underlying technology includes a proprietary market-research platform branded 'Partners Edge Data Analytics' that publishes market insights and quarterly reports to clients.

The firm earns revenue through a mix of transaction commissions (brokerage and investment sales), recurring managed services (property and facilities management, fund management), and professional services fees (valuation, advisory, project services). It executes over 1,000 commercial lease and sale transactions per year, is the #1 mover of square footage in Houston per the Houston Business Journal, ranks 4th-largest Houston CRE brokerage and Top 3 in San Antonio, and is expanding aggressively in the Southeast through an Atlanta hub and the 2025 Seven Oaks merger. Partnerships include NAI Global for global deal flow and a JV with Nuveen Real Estate and Allianz in the Four Oaks Place office complex.

Name

Partners

Legal name

Partners Real Estate

Website

https://partnersrealestate.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Partners Real Estate is a privately held, Houston-headquartered commercial real estate firm providing integrated brokerage, investment, development, property management, and valuation services to occupiers, landlords, and investors across Texas and the Southeast.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210), Offices of Real Estate Agents and Brokers (53121), Investment Banking and Securities Intermediation (523150)

SIC

Real Estate Agents & Managers (For Others) (6531), Security Brokers, Dealers & Flotation Companies (6211), Real Estate (6500)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

akta.pro secondary industries

Office Brokerage (BPAJABAA), Multifamily Brokerage (BPAJABAD), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK)

Keywords

• Commercial real estate brokerage
• Commercial property management
• Real estate investment sales
• Tenant representation services
• Commercial real estate development

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Brokerage Services: Commercial real estate brokerage including tenant representation, project leasing, investment sales, and land sales. Revenue generated through transaction commissions on lease and sale arrangements.
2. Investment Sales: Acquisition and disposition of commercial properties through investment funds and direct sales.
3. Property Management & Facilities Management: Landlord services including property management and facilities management for commercial properties.
4. Valuation & Advisory Services: Valuation services including lending appraisal, appraisal review, portfolio and financial reporting, and tax, litigation and due diligence advisory.
5. Project Services: Construction management and space management services.
6. Partners Capital Investment Funds: Investment management platform with multiple funds for office, industrial, retail, healthcare, hospitality, land and office properties. Includes Partners Finance, a registered broker dealer and FINRA/SIPC member offering real estate investment funds to qualified investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Partners is a diversified commercial real estate firm providing integrated brokerage, investment, and development services across office, industrial, retail, multifamily, life sciences, healthcare, and land property types. It serves occupiers and tenants through tenant representation, project leasing, investment sales, and land sales; serves landlords and investors through property management, facilities management, valuation advisory, federal leasing, and healthcare investment sales; and invests its own capital alongside clients through Partners Capital funds and Partners Development projects.

Product overview

Partners is a diversified commercial real estate firm that operates as a platform-plus-services model. The company has three key operating segments: 1) Full-service Occupier & Investor business (offering NAI Partners branding for brokerage services, including Office, Industrial, Retail, Life Sciences, and Multifamily across Tenant Representation, Project Leasing, Investment Sales, Land Sales, Property Management, Facilities Management, Valuation Services, and Project Services); 2) Partners Capital, an investment management platform specializing in acquiring and disposing of various property types via multiple investment funds (Value Add, Land, Hospitality); and 3) Partners Development, which creates development projects for clients and investors. The platform also includes Partners Finance, a registered broker dealer offering investment opportunities, as well as specialized practices in Federal Leasing and Healthcare Investment Sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Partners Capital Investment management platform specializing in the acquisition and disposition of office, industrial, retail, healthcare, hospitality, land, and office properties via multiple investment funds (Value Add, Land, Hospitality). Available to qualified individual investors, family offices, and institutions.
• Partners Development Creates first-class development projects for clients and investors, including industrial, retail, mixed-use, office, medical, and build-to-suit developments.
• Partners Finance Registered broker-dealer and FINRA/SIPC member engaged in offering Partners Capital real estate investment funds and individual investment opportunities to qualified individual investors, family offices, and institutions.
• NAI Partners Brokerage Services Full-service commercial real estate brokerage services for Office, Industrial, Retail, Life Sciences, and Multifamily property types, including tenant representation, project leasing, investment sales, land sales, property management, facilities management, valuation services, and project services.
• Occupier & Tenant Services Comprehensive commercial real estate services for businesses and organizations seeking office, industrial, retail, and specialized use space, including office tenant representation, industrial services, retail services, office agency leasing, investment sales, land sales, development, valuation advisory, and specialty services.
• Landlord & Investor Services Services for property owners, landlords, and investors including office agency leasing, property management, investor services, industrial and retail services, valuation advisory, investment sales, medical investment services, development, federal leasing, healthcare investment sales, facilities management, and project management.
• Federal Leasing Practice Specialized federal leasing advisory services including contract audits, full-service advisory for government lessors, expert representation for landlords, and consulting for owners with partial government lease contracts.
• Healthcare Investment Sales Practice Investment sales practice focused on senior housing and behavioral health facilities, including independent living, assisted living, memory care, continuing care retirement communities, and the full behavioral health facility continuum.
• Property Management & Facilities Management Landlord services including property management and facilities management for commercial properties across Texas and the Southeast.
• Investment Sales (Brokerage) Acquisition and disposition of commercial properties through investment sales brokerage, including direct sales and transactions sourced through Partners Capital funds across office, industrial, retail, healthcare, and hospitality.
• Project Services Construction management and space management services for commercial real estate clients.
• Valuation & Advisory Services Comprehensive valuation services including lending appraisal, appraisal review, portfolio and financial reporting, tax, litigation and due diligence advisory for diverse property types.

Quantifiable outcome

• Over 1,000 commercial lease and sale transactions completed annually
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• NAI GlobalcoreChannel Partner/ Reseller/ DistributorPartnership with NAI Global network enables Partners to leverage the power of the NAI Global network to arrange commercial real estate deals in any location around the world. This extends the firm's geographic reach beyond its Texas and Southeast footprint.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• CBRE Group: Largest global commercial real estate services firm offering brokerage, investment sales, valuation, property management, and development. Direct competitor in every service line where Partners operates; Partners has hired multiple senior leaders from CBRE.
• Cushman & Wakefield: Global CRE services firm with full-service brokerage, valuation, and property management. Direct competitor in office tenant representation and capital markets; Atlanta office tenant rep leader Trey Dove started his career at Cushman & Wakefield.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm competing across brokerage, capital markets, property management, and valuation. Comparable integrated platform to Partners, with substantially greater scale and global reach.
• Newmark Group: Global CRE services firm focused on leasing, investment sales, and advisory. Comparable in size and service mix to Partners, with public-company transparency providing a useful benchmark for valuation.

Direct peers

• Colliers International: Global CRE services firm with strong brokerage, valuation, and investment sales practices. Direct competitor especially in healthcare investment sales (Stewart Yates and Ben Carter joined Partners from Colliers' healthcare advisory group) and valuation services.
• Transwestern Commercial Services: Privately held national CRE firm with strong Texas/Houston presence, full-service brokerage, property management, and investment services. Closest direct peer in terms of private partnership structure and Texas market dominance.
• Avison Young: Privately held global CRE services firm offering brokerage, valuation, and project management. Closely comparable private-company, partnership-led model and integrated service offering to Partners.

Others

• NAI Global: Global CRE services network of which Partners' brokerage subsidiary was formerly a member (NAI Partners). Partners still leverages NAI Global's network for international deal coordination, making NAI both a former brand affiliate and a channel partner.
• Hines: Global real estate investment, development, and management firm. Comparable in development and investment management (Partners Capital competes with similar funds); Seven Oaks founders Bob Voyles and Randy Holmes joined Partners from Hines' senior team.

Emerging players

• Marcus & Millichap: Specialized CRE investment sales brokerage focused on smaller to mid-market commercial properties across the U.S. Comparable private-company structure with specialized investment sales focus, though more national and less diversified than Partners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/partnerscre
• Facebookfacebook.com/partnersrealestatecompany
• LinkedInlinkedin.com/company/partnerscre
• Instagraminstagram.com/partners_cre

Revenue estimate

Valuation estimate

Number of profiles

Profiles38 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Partners