Since Braun Enterprises made its first industrial acquisition in 1989, our firm has acquired and repositioned more than 130 commercial real estate projects totaling over 3,700,000 square feet. We have improved communities by thoughtfully embracing the character of the neighborhoods in which we develop.
Founded by Gabriel Braun, the company has maintained a contrarian approach to investing. From 1989 to 1994, Gabriel led partnerships in acquiring approximately 1,000,000 square feet of light industrial properties. After acquiring these industrial projects and through 2003, Gabriel repositioned, managed and leased them to stabilization.
In 2003, Dan joined his father in managing and leasing the industrial portfolio. Through 2009, the company maintained a patient approach to acquisitions, and it sold much of its industrial portfolio in anticipation of a downturn. Beginning in 2009—with the onset of the downturn and having strategically prepared to take the company to the next level—Gabriel, Dan, and their team began targeting certain distressed properties for acquisition. The firm quickly became one of the most active Texas based real estate companies. From 2010 through 2012, the company acquired more than 1,050,000 square feet of properties in Houston, Austin and San Antonio. That space was a diversified portfolio of office, flex, light industrial, retail, and multi-family properties, many of which were purchased as owned real estate from financial institutions.
Beginning in 2013, Braun Enterprises began selling its office and industrial holdings, and shifted the company’s acquisition strategy to focus on inner-city property that was suitable for retail development and redevelopment. Consistent with Gabriel and Dan’s contrarian philosophy, and beginning early in the current cycle, the company has implemented an acquisition program that focuses on sites and buildings that the market generally views as tear downs, but that are actually well suited for experience oriented retail repurposing. Braun Enterprises continues to acquire many property types in different locations, but has concentrated most of its recent activity in the urban infill neighborhoods. It is the development and redevelopment in these inner city areas that has brought the company much of its recognition, and it is this set of projects that is most responsible for its reputation—for thoughtful developments that preserve the character of communities and improve the lives of the people that live in them. Since 2013, the company has acquired and repositioned over 50 properties Houston’s Inner Loop.
Since 2010, Braun Enterprises has acquired and developed over 90 retail, office and industrial projects worth over $600,000,000.
With a reputation for fairness and integrity, our company mission has always been to build long-lasting relationships with our investors, tenants, and vendors, as well as to improve neighborhoods through thoughtful development. We are committed to developing the highest quality projects and embracing the character of the communities in which we develop. Most importantly, Braun Enterprises is focused on maintaining a family oriented culture, providing its employees opportunities for growth, and remaining an enjoyable place to work.