NAI Investment Fund rebrands as Partners Capital, cementing place as key player in Texas commercial real estate market

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Now poised for even greater success, NAI Partners’ investment platform unveils new name, branding, website

Houston, TX, October 12, 2020 – The investment arm of NAI Partners—one of the top-five largest privately-held, full-service commercial real estate firms in Texas—today announces its new name: Partners Capital. The business entity was previously known as the NAI Investment Fund. Partners Capital remains a wholly owned subsidiary of NAI Partners.

“Today is an incredibly exciting day for us,” said Andrew Pappas, Head of Partners Capital and shareholder at NAI Partners. “Partners Capital represents the evolution of our investment platform and our team’s steadfast commitment to a shared vision. After closing more than $125 million in transactions since 2017, we are well on our way to our stated goal of a portfolio of $1 billion—and we are just getting started.”

“Partners Capital has fully deployed three investment funds in three years, continually delivering strong in-place cash flow combined with tremendous upside to its investors through vacancy lease-up, mark-to-market rates, and meticulous asset management of its property portfolio,” said Jon Silberman, Managing Partner of NAI Partners. “Refining the investment fund platform’s identity as Partners Capital will augment its reputation and brand recognition as it goes to market and wins deals, and create increased value for its investors,” said Mr. Silberman.

Added Mr. Pappas, “As Partners Capital prepares to launch fund number four, our goal remains as ironclad as ever: leverage proprietary data and technology combined with decades of market expertise in order to generate value for our investors.”

In conjunction with the new imprint, Partners Capital is also pleased to announce the official launch of its own dedicated presence on the web, located at The new website gives the investment platform a substantive digital home, with individual fund highlights, property showcases, case studies, media clips, an investor portal, and more.

Mr. Pappas has led Partners Capital for nearly five years. During that time he has spearheaded the acquisition of more than 1 million sq. ft. of office, industrial and retail properties in Houston, Austin, San Antonio, and Dallas, and overseen more than $165 million in transaction volume.

Kelli Walter is Partners Capital’s Senior Vice President of Asset Management, responsible for executing NAI’s business plan for every owned asset, and playing a major role in the ongoing growth of Partners Capital’s portfolios and the execution of its investment strategy.

Adam Hawkins is a Vice President for Partners Capital, whose primary focus is procuring acquisition opportunities. He is also actively involved in property divestitures, executing asset management strategies, and supporting the ongoing portfolio management process.

Donna Lanier is Controller of Partners Capital; and Sloan Crady is the platform’s Financial Analyst.

Partners Capital has acquired more than a dozen properties through its three investment funds. The current portfolio consists of office buildings, industrial properties, and retail centers, and totals more than 1 million sq. ft. and over 325 tenants.

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

About Partners Capital
Partners Capital, a wholly owned subsidiary of NAI Partners, owns a real estate portfolio totaling more than 1 million sq. ft. and has completed over $125 million in transaction volume. Partners Capital was created by NAI Partners as a platform to invest in office, industrial, and retail multitenant properties in Houston, Austin, San Antonio, and Dallas that meet the following criteria: can be acquired below replacement cost; carries a $5 million to $30 million purchase price that falls below the interest of institutional buyers; generates positive cash flow; and allows NAI Partners to leverage its extensive industry knowledge and resources to generate attractive cash flow and value appreciation over a projected holding period of three to six years. Visit us on the web at

About NAI Partners
NAI Partners is one of the top 5 largest privately held and independently owned commercial real estate services firms in the state of Texas. 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 150 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, office landlord representation, industrial tenant representation, industrial landlord representation, landlord services, retail services, property management, investment sales, an investment fund, valuation and advisory services, facilities services, and project management, among other services. The company 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; a Houston Business Journal Mid-Market 50 company; 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.

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