The Houston-based firm formerly known as NAI Partners is rebranding as it forms it own independent brokerage separate from the New York-based NAI Global network.
In a major shakeup for a prominent Houston-based real estate firm, the local affiliate of NAI Global has decided not to renew with the global commercial real estate brokerage, electing instead to rebrand itself as Partners before embarking on an expansion.
The 25-year-old firm previously known as NAI Partners will now be known as just Partners, the company announced Wednesday. Partners, which will remain headquartered in Houston’s Galleria area, describes itself as one of the fastest-growing independent, privately-held Texas-based commercial real estate brokerages.
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With the announcement, Partners is officially launching a Dallas presence, adding to its existing presence in Houston, Austin and San Antonio. ) Partners will also look to expand outside of Texas too in the next two to five years, with future locations expected in Georgia, Tennessee, North Carolina, Colorado and Arizona.
“As a firm focused on always seeking better ways to serve our clients, the company’s rapid growth, highly talented team, and ambitious strategic plan necessitated moving on from our previous affiliation, so that we can continue to grow geographically,” said Jon Silberman, managing partner at Partners. “This evolution will unequivocally enhance the breadth and depth of how we can partner with our clients and investors.”
The Houston location had been one of the top ten biggest locations for the global New York-based NAI Global, one of the network of commercial real estate brokerages, according to Partners.
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Partners ranked as No.12 on the Houston Chronicle’s list of top workplaces last year in the small company category, rising in the ranks from No.43 the year before. The firm has 200 employees, including about 140 in Houston with about 100 commercial real estate brokers.The firm oversees more than 1,000 commercial lease and sales transactions annually with service lines in office, industrial, retail, land, life sciences and multifamily sectors, plus project, facilities, investment management and valuation services. Last year the company oversaw more than 15 million square feet of transactions in Houston.
Marissa Luck covers real estate for the Houston Chronicle.
Originally from Hawaii, Marissa previously covered refining and chemicals for the Chronicle and also had stints at Costar, the Austin Business Journal and The Daily News in Longview, Wash.
She grew up near Seattle and studied international political economy at The Evergreen State College in Olympia, Wash.
Many residents across the Houston area are still dealing with the lingering effects of Hurricane Harvey, such as mental health issues, unsafe living conditions and financial distress.
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