What’s the largest retail properties investor from Texas?

The established thousandinvestors research team has identified that CBRE is the largest retail real estate investor from Texas, with more than $149.1B in assets under management.

What is the investment focus of CBRE?

CBRE is a global leader in the fields of real estate services and investment management, providing comprehensive solutions across a diverse range of property types and geographical regions. With over $149.1 billion in assets under management through CBRE Investment Management, the firm brings a global perspective to real assets, combining deep sector expertise with innovative, sustainable investment approaches.

Within this extensive framework, CBRE has cultivated the most substantial retail real estate services operation on a global scale. CBRE’s retail division employs a multifaceted approach, leveraging market intelligence, proprietary data, and local insight to offer comprehensive services across various retail formats. These formats include grocery-anchored centers, high-street flagships, lifestyle centers, and pop-ups, reflecting a diverse range of commercial real estate services. In 2024 alone, the firm executed over 16,600 retail transactions, amassing a total volume of $44.1 billion. Additionally, the firm oversaw the management of more than 1.1 billion square feet of retail property.

Alternative candidates for the AUM-based ranking of retail real estate investors in Texas

The largest alternative candidate for our ranking is Hines, a global real estate investment, development, and management firm. In contrast to firms that prioritize capital deployment, Hines incorporates practical expertise in development, property management, and engineering into every project. With a presence in 30 countries and a portfolio that spans more than 200 million square feet of office space alone, Hines has established itself as a trusted partner in shaping the built environment across asset classes. Retail constitutes a pivotal element of the Hines global platform, encompassing over 18 million square feet of retail real estate that has been completed, acquired, or placed under active management. This encompasses 15 million square feet of completed developments, 2.7 million square feet currently under development, and 20.9 million square feet acquired across a range of geographies and retail formats.

Another major retail real estate investor is The Rainier Companies, a privately held real estate investment and development firm headquartered in Dallas, Texas. Rainier, founded in 2003, has cultivated a distinguished reputation for its ability to discern market prospects in advance of more widespread recognition. The company’s investment strategy is characterized by a focus on value-add, core plus, and preferred equity investments. Rainier has amassed a transaction volume of over $2.5 billion and has made more than 300 investments to date. This firm has demonstrated a remarkable ability to balance entrepreneurial agility with institutional-grade execution. Retail real estate constitutes a pivotal component of Rainier’s investment portfolio. The firm has owned and operated more than seven million square feet of dominant retail shopping centers across the U.S., favoring properties with strong fundamentals and upside potential.

Both investors are part of the thousandinvestors list of the largest retail real estate investors from the US.

Image source: J. Amill Santiago  via Unsplash (June 24, 2025)

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