Culpepper Realty
Culpepper Realty is a fourth-generation, family-owned Texas commercial real estate firm operating approximately 2.1M SF across retail shopping centers, Class A industrial warehouses in D/FW and Houston, and purpose-built student housing adjacent to Texas A&M University.
- Company typePrivate
- Founded1937
- HeadquartersCollege Station, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Culpepper Realty does
Culpepper Realty Co. is a family-owned Texas commercial real estate firm founded in 1937 by John Cecil Culpepper, now in its fourth generation of family stewardship. The company owns and operates a roughly 2.1 million square foot portfolio valued at approximately $400 million, organized across three property types: grocery-anchored and neighborhood retail shopping centers in secondary Texas markets, Class A industrial warehouse facilities concentrated in the D/FW and Houston metros, and purpose-built student housing adjacent to Texas A&M University in College Station. Tenant rosters include H.E.B., Chili's, Academy Sports + Outdoors, JCPenney, Belk, Ross, TMI Climate (Berkshire Hathaway family), Delta Petroleum, and Wisenbaker Builder Services.
Culpepper Realty firmographics
Firmographics- Name
- Culpepper Realty
- Legal name
- Culpepper Realty Co.
- Website
- https://culpepperrealty.com
- Company type
- Private
- Founded year
- 1937
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Culpepper Realty is a fourth-generation, family-owned Texas commercial real estate firm operating approximately 2.1M SF across retail shopping centers, Class A industrial warehouses in D/FW and Houston, and purpose-built student housing adjacent to Texas A&M University.
- Ownership category
- akta.pro rank
Culpepper Realty industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Lessors of Real Estate (5311), Real Estate Property Managers (53131), Residential Property Managers (531311)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519), Real Estate (6500)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industries
- Retail Brokerage (BPAJABAB), Student Housing Property Management (BPAJAFAF)
Keywords
Where Culpepper Realty is headquartered
LocationHeadquarters
- HQ city
- College Station
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Culpepper Realty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure, Others
Revenue model
- Commercial Real Estate Leasing: Culpepper Realty generates revenue primarily through leasing retail shopping center spaces, industrial warehouse facilities, and student housing units to tenants. The portfolio spans grocery-anchored retail centers, Class A industrial warehouses near major ports and airports, and purpose-built student housing adjacent to Texas A&M University. Rental income is the dominant revenue stream, supplemented by percentage rent arrangements with select retail tenants.
- Property Development and Disposition: The company develops new commercial properties (student housing, industrial, retail) and redevelops existing assets (e.g., enclosed malls converted to open-air centers). Profits are realized through the sale or 1031 exchange of developed or repositioned properties. Recent dispositions include Paris Towne Center, College Park Mall, Kingsville Professional Building, CVS locations, and family farms, with proceeds reinvested into industrial acquisitions.
- Property Management Services: Culpepper Realty manages its own portfolio of retail, industrial, and student housing properties, including oversight of tenant compliance, building maintenance, marketing, leasing efforts, and community events. Property management services are provided internally to owned assets rather than offered as a standalone service to third parties.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Culpepper Realty product offering
Product offeringCore offering
Culpepper Realty owns, develops, leases, and manages a portfolio of commercial real estate across Texas, comprising student housing communities adjacent to Texas A&M University, grocery-anchored retail shopping centers in secondary and tertiary Texas markets, and Class A industrial warehouse facilities in the D/FW and Houston metros. The firm operates as a long-term landlord, providing space to national and regional retailers, logistics operators, and university students.
Product overview
Culpepper Realty is a family-owned Texas commercial real estate firm founded in 1937 offering three core property types: student housing, retail shopping centers, and industrial warehouse facilities. The student housing portfolio includes The Stack (416 beds, 2013), The Jay (953 beds, 2027), Rambler (922 beds, 2028), and Cherry Block land holdings, all adjacent to Texas A&M University within the Legacy Point mixed-use development. The retail portfolio spans approximately 850,000 square feet across multiple neighborhood shopping centers and malls throughout Texas, including grocery-anchored centers like Tejas Center and Truly Plaza, plus single-tenant ground leases. The industrial portfolio has grown to over 560,000 square feet in D/FW and Houston metros with properties like Canyon Drive, Valley View, Interchange 80/635, Clay Court, and Conklin Lane.
Differentiator
Problem solved
Functional benefit
Products and services
- The Stack 416-bed purpose-built student housing community opened in 2013 adjacent to Texas A&M University, part of the Legacy Point mixed-use development.
- The Jay 953-bed student housing community under construction at Texas A&M University, part of the Legacy Point mixed-use development, with delivery scheduled for Fall 2027.
- Rambler 922-bed student housing high-rise under construction at Texas A&M University, third phase of Legacy Point, with cafe space and delivery scheduled for Fall 2028.
- Legacy Point 14-acre mixed-use master-planned development at University Drive and College Avenue adjacent to Texas A&M University combining student housing with over 50,000 sq ft of retail and restaurants.
- Cherry Block Approximately 4.5-6 acre land holding in College Station's Northgate District containing single-family rental homes originally developed by the Culpepper family.
- Tejas Center 369,010 sq ft H.E.B. grocery-anchored community shopping center in Bryan, TX, redeveloped in 2005 from the enclosed Manor East Mall, with national tenants including H.E.B., Starbucks, Marshalls, Ross, Five Below, and Dollar Tree.
- River Hills Mall 214,634 sq ft partially enclosed mall in Kerrville, TX being actively redeveloped into an open-air shopping center, anchored by Belk, JCPenney, Academy Sports + Outdoors, and Bealls.
- Park Central Shopping Center 85,201 sq ft neighborhood shopping center in Abilene, TX, anchored by TruFit, dd's Discounts, Dollar Tree, Verizon, and Subway.
- La Villita Shopping Center 78,885 sq ft neighborhood shopping center in Alice, TX, with tenants including Harbor Freight, Bealls, Starbucks, Dollar General, Melrose, Rent-A-Center, and Auto Zone.
- Commerce Square Shopping Center 78,752 sq ft neighborhood shopping center in Mount Pleasant, TX, with tenants including Ashley Furniture, Marshalls, Dollar Tree, and Shoe Department.
- Truly Plaza 14,300 sq ft H.E.B. grocery-anchored shopping center in Cleveland, TX, with tenants including Dollar General, Buddy's Home Furnishings, and Boost Mobile.
- Culpepper North 54,135 sq ft neighborhood shopping center in Bryan, TX developed in 1986, with current tenants including La Michiocana, Dollar Tree, Family Dollar, 7 Brew, Cricket, and Steven's Furniture.
- Chili's Ground Lease 5,155 sq ft standalone Chili's restaurant ground lease in College Station, TX along Texas Avenue at the Texas A&M doorstep, operating since 1991.
- Canyon Drive 80,980 sq ft Class A industrial warehouse in D/FW near the airport acquired in 2021 via sale-leaseback with Wisenbaker Builder Services, serving as Wisenbaker's Dallas headquarters.
- Valley View 96,853 sq ft Class A industrial warehouse in the Valwood submarket of D/FW, approved by TCEQ after former landfill site remediation, with delivery in 2026.
- Interchange 80/635 203,169 sq ft Class A industrial warehouse in Mesquite, TX at the intersection of US Hwy 80 and I-635, acquired in Q2 2026 and pre-leased to TMI Climate (Berkshire Hathaway family).
- Clay Court 104,315 sq ft industrial warehouse near the Port of Houston acquired in 2022, with long-term tenant Delta Petroleum on a 10-year lease renewal and property upgrades.
- Conklin Lane 77,160 sq ft Class A industrial warehouse near the Port of Houston acquired in 2026, located along Beltway 8 with immediate access to I-45.
- Culpepper Office Park 27,939 sq ft flex industrial building in College Station, TX developed in the 1970s along George Bush Drive, containing 8 flex office/warehouse suites.
Quantifiable outcome
- Achieved 97% occupancy at River Hills Mall during a challenging retail period when many retail centers were struggling.
- +2 more outcomes
Companies that use Culpepper Realty
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Culpepper Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Culpepper Realty partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- LV CollectivecoreCulpepper Realty partners with LV Collective, an award-winning student housing developer, for the development of The Jay (953 beds, 2027 delivery) and Rambler (922 beds, 2028 delivery) at Legacy Point adjacent to Texas A&M University. LV Collective brings award-winning design and development expertise; Culpepper Realty contributes land and capital. Culpepper holds a minority stake in the Rambler project.
- Asset LivingcoreAsset Living serves as the property management and operations partner for Culpepper Realty's student housing communities (The Stack, The Jay). Asset Living is described as a best-in-class operator ensuring resident needs are met timely and with care.
- Stream Realty PartnerscoreStream Realty Partners provided expertise from land acquisition through development and leasing for Valley View, the 96,853 SF industrial development in Farmers Branch, TX. Stream Realty Partners is a commercial real estate services firm with expertise in industrial leasing and development across D/FW.
- JLLcoreJLL (Jones Lang LaSalle) is a global commercial real estate services firm listed as a partner on the Partners & Lenders page. JLL likely provides brokerage, leasing, and/or advisory services for select properties in the Culpepper Realty portfolio.
- Jackson WalkercoreJackson Walker LLP is a major Texas law firm listed as a partner on the Partners & Lenders page, providing legal counsel and services to Culpepper Realty.
- Husch BlackwellcoreHusch Blackwell is a national law firm listed as a partner on the Partners & Lenders page, providing legal counsel to Culpepper Realty.
- No Fences Land Co.minorNo Fences Land Co. is a recreational land company in D/FW. John Crenan Culpepper worked there before joining the family business in 2018. The company is listed as a partner on the Partners & Lenders page.
- Constellation InsuranceminorConstellation Insurance is listed as a partner on the Partners & Lenders page, providing insurance services for Culpepper Realty's real estate portfolio.
- Stalworth Real Estate ServicescoreStalworth management was incorporated in 1990 by Jack Culpepper as Chairman and CEO. Stalworth received its certificate as an Accredited Management Organization (AMO) in 1994. Stalworth provides property management services and is an affiliated entity.
- Merritt RoofingminorMerritt Roofing is listed as a partner on the Partners & Lenders page, providing roofing and building maintenance services for Culpepper Realty's commercial properties.
- Larry Young Paving Inc.minorLarry Young Paving Inc. is listed as a partner on the Partners & Lenders page, providing paving and site work services for Culpepper Realty's commercial properties.
Scale indicators5 records
Recent moves11 records
Expansion highlights5 records
Culpepper Realty competitors and assessment
Company assessmentDirect peers
- Trademark Property Company: Fort Worth-based retail and mixed-use developer with expertise in mall-to-open-air conversions (e.g., Alliance Town Center, Magnolia Green). Closely comparable to Culpepper's mall redevelopment strategy (Manor East → Tejas Center, River Hills Mall ongoing).
- Henry S. Miller Companies: Texas-headquartered commercial real estate services firm offering brokerage, property management, and development across retail, office, and industrial. Multi-generational firm similar to Culpepper with comparable Texas market focus and full-service CRE approach.
- Weitzman: Texas-focused commercial real estate firm with retail brokerage, property management, and investment services across the state. Highly comparable to Culpepper given similar Texas-centric multi-generational operation and retail/land focus.
- NewQuest Properties: Houston-based retail real estate firm specializing in ground-up development, leasing, and management of retail centers across Texas. Comparable to Culpepper's retail development and leasing model with similar Texas secondary-market focus.
Emerging players
- Cardinal Group Companies: Denver-based student housing and multifamily management and development firm. Comparable to Culpepper's purpose-built student housing approach, though focused on different university markets rather than a single flagship university like Texas A&M.
- Asset Living: Houston-based third-party student housing and multifamily property manager. Direct partner of Culpepper for student housing operations; operates at much larger scale across many universities and is a logical acquirer or partner for student housing portfolios.
Broad incumbents
- Greystar Real Estate Partners: World's largest student housing and multifamily operator. Comparable to Culpepper's student housing strategy (The Stack, The Jay, Rambler at Texas A&M) but operates globally with institutional scale and direct competition in the same asset class.
- Brixmor Property Group: One of the largest publicly traded open-air shopping center REITs in the US. Comparable to Culpepper's retail portfolio (similar open-air grocery-anchored centers) but at dramatically larger institutional scale across multiple geographies.
- Rexford Industrial Realty: Publicly traded industrial REIT focused exclusively on infill Southern California industrial real estate. Comparable to Culpepper's industrial strategy (infill D/FW and Houston) but in a different geography and at much larger institutional scale.
- Phillips Edison & Company: Publicly traded net-lease grocery-anchored shopping center REIT. Comparable to Culpepper's grocery-anchored retail strategy (Tejas Center, Truly Plaza) but operates at much larger national scale and through a public REIT structure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Culpepper Realty social profiles
Digital presenceCulpepper Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Culpepper Realty leadership team
Management profileNumber of profiles
Profiles6 records
Culpepper Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Culpepper Realty 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 Culpepper Realty
What does Culpepper Realty do?
Culpepper Realty owns, develops, leases, and manages a portfolio of commercial real estate across Texas, comprising student housing communities adjacent to Texas A&M University, grocery-anchored retail shopping centers in secondary and tertiary Texas markets, and Class A industrial warehouse facilities in the D/FW and Houston metros. The firm operates as a long-term landlord, providing space to national and regional retailers, logistics operators, and university students.
Is Culpepper Realty a public or private company?
Culpepper Realty is a private company. It is classified as family owned and is currently operating.
When was Culpepper Realty founded?
Culpepper Realty was founded in 1937. It employs 11 to 50 people.
Where is Culpepper Realty based?
Culpepper Realty is headquartered in College Station, United States, in the North America region.
How does Culpepper Realty make money?
Three revenue lines are on record. Commercial Real Estate Leasing is the primary driver. The others are property Development and Disposition and property Management Services.
Who are Culpepper Realty's main competitors?
Direct peers on record are Trademark Property Company, Henry S. Miller Companies, Weitzman and NewQuest Properties. Emerging players are Cardinal Group Companies and Asset Living. Broad incumbents are Greystar Real Estate Partners, Brixmor Property Group, Rexford Industrial Realty and Phillips Edison & Company.
Does Culpepper Realty have an API?
No public API is recorded for Culpepper Realty.
What industry is Culpepper Realty in?
Culpepper Realty's product category is Commercial Real Estate. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAB, Retail Brokerage. Its NAICS code is 5311 and its SIC code is 6532.