Kotel Investments Inc., a real estate investment company with offices in Southern California and San Antonio, tapped Houston-based NAI Partners’ landlord services division to manage its San Antonio retail portfolio.
NAI Partners, in turn, assigned the six-property, 205,000-square-foot portfolio to Cindy James, a San Antonio-based property manager who has been in commercial real estate for more than 20 years. James comes to NAI Partners from Endura Advisory Group, where she had a similar role and responsibility over Kotel Investment’s portfolio.
The new portfolio, which includes such retail centers as 1546 Babcock and 12066 Starcrest Drive, nearly triples the amount of space under management for NAI Partners in the San Antonio market.
The company’s initial foray into San Antonio property management was Marymont Office Park, which the company’s investment fund bought last fall.
Earlier this year, NAI was named the exclusive broker for Rockport Terminals, a 230-acre industrial site with access to rail, water and multiple highways in Corpus Christi. As reported in December by the Business Journal, San Antonio oil and gas entrepreneur Clayton Reaser and partners, including Ed Nelson, are behind that redevelopment, which is one of the largest parcels available in the Port of Corpus Christi area. A three-man team at NAI Partners — John Ferruzzo, a partner who heads the firm’s industrial group; Nick Peterson; and Ryan Searle — and local expert Blue Brooks of NAI Blue Market are the industrial sales professionals marketing the listing.
