Property Advisers Realty
Commercial Real Estate Services

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Delivering Comprehensive Services with Integrity and Efficiency

Property Advisers Realty, Inc. (PAR) is a commercial real estate firm providing personalized service to address the unique needs of clients in the Dallas-Fort Worth Metroplex. Since 1994 we have added value to properties and communities through project leasing, property management, construction management, maintenance service and tenant representation

 

Find Us

ADDRESS

Corporate Office
2201 West Royal Lane, Suite 165
Irving, Texas 75063

CONTACT

972.465.9900 phone
972.465.9910 fax
info@propertyadvisers.com

 

ABOUT PAR

Adding Value at Every Touchpoint

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If you need a new office or flex property, investment advice on whether to lease or purchase, or want to evaluate your current facility for a possible sale, we have the professional staff to address your specific requirements.

 
 

Project Leasing

Our in-depth market knowledge and hands-on leasing staff work to ensure that properties are leased to the highest level possible based on market conditions. We create leasing offices on all our properties to ensure we have the maximum amount of exposure for leasing opportunities.

 

Property Management

Our extensive office and industrial management experience has earned us a reputation for taking care of every detail.  We understand tenant demands and balance them with the financial objectives of the property.

Maintenance Service

With a fleet of commercial vehicles, and a highly trained engineering department, PAR personnel handle the maintenance requirements on all of our properties. Our maintenance personnel drive company trucks and are in company uniforms.

 

Tenant Representation

If we cannot accommodate your needs in one of the properties within our portfolio, we have decades of experience negotiating leases and contracts throughout the Metroplex. Our professional marketing team can provide you with all the options to lease, purchase, or build to suit for your business.


 

THE PAR TEAM

Meet Our Experienced Team

 
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CEO/MANAGING PARTNER

Jerry Reis

After graduating from the University of North Texas with a BBA in 1977, Jerry worked for Owens Corning Fiberglass and created a building materials distribution firm that he later sold to ABC Supply. He began his career in real estate in 1984 with Jackson-Shaw and launched PAR in 1994 as its President and CEO. Lessons learned in the volatile North Texas real estate markets of the 1980s and 1990s have proven valuable to PAR clients over the years. In 2015 Jerry formed PAR Capital Partners with Michael Foster and Patrick Reis as partners serving a select group of investors. In 2018 Rick Bigelow became the President of PAR while Jerry retains his role as CEO of PAR and Managing Partner of PAR Capital Partners. Jerry is a member of the North Texas Association of Realtors, the National Association of Realtors and CCIM. He is Chairman of The Sumners Foundation, a nonprofit organization based in Dallas funding various charities and universities throughout the Southwest.

CONTACT

972-421-1002
jerry@pardfw.com

 
 
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PRESIDENT/CFO

Rick Bigelow

Rick began his career in Dallas with Arthur Andersen & Company immediately after graduating from the University of Illinois and passing the CPA exam. He is a Texas licensed CPA and has over 30 years of financial and accounting experience in a variety of businesses including real estate, financial services, mortgage lending and business technology services. Rick is responsible for all accounting, reporting, systems, and controls for the company and its investors. Prior to joining PAR in June of 2015, Rick was the CFO of International Capital, LLC, a niche real estate and private equity firm in Dallas. His professional experience also includes over a decade with The Associates (now Citigroup) and five years with Trammell Crow Company as Controller. In April 2018, he was appointed President of Property Advisers Realty.

CONTACT

972-573-9630
rick@pardfw.com

 
 
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EXECUTIVE VICE PRESIDENT OF LEASING/PARTNER

Michael Foster

A graduate of the University of Kansas with a double major in Accounting and Business Administration, and a graduate of Jesuit High School in Dallas, Michael joined PAR in September 2003 as a Marketing Associate and quickly became a valuable member of the team. In April 2018, he was appointed Executive Vice President of Leasing and is a partner in PAR Capital Partners. Michael oversees all of the leasing programs whether handled by our own staff or through a third party provider.

CONTACT

972-421-1008
michael@pardfw.com

 
 

EXECUTIVE VICE PRESIDENT OF PROPERTY MANAGEMENT

Scott Ehley

A graduate of The University of Texas at Austin with a BBA in Management, Scott began his career as the Owner and President of a company offering services to commercial developers, owners and general contractors. He joined PAR in September 2014 as Director of Property Management and was promoted to Executive Vice President of Property Management in April 2018. With more than 29 years in the industry, Scott has experience in construction development and management, property management, sales and acquisitions and the leasing of office, industrial and retail properties. Scott is an active member of the North Texas Commercial Association of Realtors and the North Texas Association of Industrial and Office Properties. He holds a Texas Real Estate Commission Broker License.

CONTACT

972-421-1009
scott@pardfw.com

 
 
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EXECUTIVE VICE PRESIDENT OF OPERATIONS/PARTNER

Patrick Reis

Patrick is a graduate of Southern Methodist University with a BS in Economics with Financial Applications and a BA in Markets and Culture. He joined PAR in June 2011 as a Marketing Associate working on real estate opportunities. He was promoted to Marketing Director in January 2013. His primary responsibilities are investments/acquisitions, investor relations, and leasing numerous projects in the Dallas-Fort Worth Metroplex. Patrick is a partner in PAR Capital Partners. In April 2018, he was promoted to Executive Vice President-Investments.

CONTACT

972-421-1010
patrick@pardfw.com

 
 
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VICE PRESIDENT OF LEASING/SENIOR PROPERTY MANAGER

Chris Andler

A graduate of Southern Methodist University with a BS in Economics with Financial Applications and a BA in Markets and Culture, Chris joined PAR in October 2007 as a Marketing Associate responsible for tenant representation and project leasing assignments primarily in the Northwest Dallas, Las Colinas and Valwood markets. With his financial background, Chris has expanded his skills to take on the property management assignment for properties he leases. This has proven to be valuable for our clients who appreciate the properties being handled quickly and efficiently. Chris was promoted to Vice President-Leasing and Senior Property Manager in April 2018.

CONTACT

972-421-1011
chris@pardfw.com

 
 
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LEASING ASSOCIATE

Harrison Shipp

A graduate of Texas Tech University with a BS in Finance, Harrison joined PAR in November 2018 as a Leasing Associate. Previously he was a Broker Associate with Jim Lake Companies and a Financial Administrative Manager at Boston’s Restaurant and Sports Bar. He holds a Texas Real Estate Commission Salesperson License.

CONTACT

972-695-5336
harrison@pardfw.com

 
 
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ACCOUNTING MANAGER

Jeannie Henry

A graduate of Illinois State University with a BS in Accounting, Jeannie is a CPA who worked in public accounting with Laventhol & Horwath and as Regional Accounting Manager at Lincoln Property Company before joining PAR in June 2018. Jeannie has quickly adapted to the fast pace of the PAR and PAR Capital Partners operations and as a CPA provides a great depth of experience and knowledge of real estate accounting procedures.

CONTACT

972-421-1007
jeannie@pardfw.com

 
 
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SPECIAL PROJECTS COORDINATOR/ASSISTANT PROPERTY MANAGER

Katy Reis

A graduate of Texas Christian University with a BS in Communications Studies, Katy previously was a marketing assistant at Marcus & Millichap. She joined PAR in December 2013 as a Marketing Associate promoting current and future commercial properties and was promoted to Special Projects Coordinator and Assistant Property Manager in June 2014. Her responsibilities include assisting with commercial property management, producing social media, and coordinating the firm’s annual golf tournament and marketing events.

CONTACT

972-421-1003
katy@pardfw.com

 
 
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PROPERTY MANAGER

Ashley Richey

Ashley joined PAR in January 2017 as Property Manager for The Madison in Addison. Ashley now covers several PAR office buildings located in Irving, McKinney and Plano ranging from 99,000 to 300,000 square feet. She works closely with the PAR Director of Property Management and leasing team to monitor performance and maintain tenant relationships at PAR's Class A office buildings. Before joining PAR she worked as an Assistant Property Manager for a commercial real estate firm in Austin specializing in retail and industrial properties. Ashley has been a member of IREM and BOMA since 2015 and is in the process of obtaining her CPM Designation.

CONTACT

972-421-1006
ashley@pardfw.com

 
 
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PROPERTY MANAGER

Sharon McCallum

Sharon McCallum has worked in commercial property management since 2007. She started her career with Lincoln Property Company as an Administrative Assistant and was later promoted to Assistant Property Manager working with Class A office buildings located in Dallas and Plano ranging from 160,000 to 300,000 square feet. She joined PAR in 2018 as a Property Manager for 122 West John Carpenter Freeway in Irving. Sharon is member of BOMA and is in the process of obtaining her RPA Designation.

CONTACT

972-421-1001
sharon@pardfw.com

 
 
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CHIEF BUILDING ENGINEER

Jimmy Johnson


CONTACT

972-989-8437
jimmy@pardfw.com

 
 
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BUILDING ENGINEER

Michael Morris


CONTACT

903-262-6269
mmorris@pardfw.com

 
 
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BUILDING ENGINEER

Omar Jimenez


CONTACT

214-364-5488
ojimenez@pardfw.com

 
 

PAR CAPITAL PARTNERS

Investing Across North Texas

 
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PAR Capital Partners (PCP) is an investment firm formed in 2013 to purchase investment-grade properties across North Texas. Together Managing Partner Jerry Reis and partners Michael Foster and Patrick Reis serve a select group of investors. Since its inception, PCP has purchased nearly 1.2 million square feet.

 
 

PCP Portfolio

 

Our in-depth market knowledge obtained over the past 35 years has provided us with great insight in property values and opportunities. With the lessons learned in the 1980s and 1990s, we have made strategic acquisitions since 2015.

 
 
 
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122 WEST JOHN CARPENTER

218,291 SF Class A Office
Irving, Texas
Purchased in 2018

 
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THE MADISON

288,920 SF Class A Office
Dallas, Texas
Purchased in 2016

 
 
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HACKBERRY VIEW

114,598 SF Class A Office
Irving, Texas
Purchased in 2016

 
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1515 & 1575 HERITAGE

90,304 SF Class A Office
McKinney, Texas
Purchased in 2014
1515 Heritage sold in 2016

 
 
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PARKSIDE CORPORATE CENTER

98,797 SF Class A Office
Dallas, Texas
Purchased in 2014

 
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WESTWOOD BUSINESS PARK

227,709 SF Class B Flex
Farmers Branch, Texas
Purchased in 2014, sold in 2019
IRR was 11.6%

 
 
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BRIARGROVE PLACE

128,092 SF Class A Office
Dallas, Texas
Purchased in 2013, sold in 2017
IRR was 14.1%

 
 
 

EVENTS

PAR Premier Charity Golf Tournament

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Benefiting

 
 

Monday, October 7, 2019
Timarron Country Club, Southlake, Texas
11:00 a.m. – registration
1:00 p.m. – shotgun start, total of 18 foursomes
cocktails and awards to follow

For more information and to register, please email Katy Reis at katy@pardfw.com

The purpose of The Sumners Foundation is to encourage study, teaching, and research into the science and art of self-government to the end that the American People may understand the fundamental principles of democracy and be guided thereby in shaping governmental policies.

 

CURRENT LISTINGS

View our Properties

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122 WEST

Location: 122 West John Carpenter Freeway, Irving, Texas 75039
Total Square Feet: 218,446 SF, 36,407 RSF typical floor plate, 6 stories
Vacant Square Feet: 1,000 SF - 25,000 contiguous RSF
Description: 122 West is a well positioned six-story, Class A office building fronting John Carpenter Freeway in the heart of Las Colinas. This building is an amenity-rich environment that has recently undergone a major interior renovation.

 
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THE MADISON

Location: 15851 Dallas Pky, Addison, Texas 75001
Total Square Feet: 290,558 SF, 24,000 RSF typical floor plate, 12 stories
Vacant Square Feet: 1,335 SF - 22,549 SF
Description: This Class A asset is located near the Dallas Tollway and has 24-hour on-site security. The building offers covered parking, and comprehensive ammenities. Built in 1984 and newly remodled, this 12-story office building is one of Addison’s finest.

 
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HACKBERRY VIEW

Location:2201 West Royal Lane, Irving, Texas 75063
Total Square Feet: 114,598 SF, 2 stories
Vacant Square Feet: 8,430 SF
Description: Hackberry View is located in a highly visible and prime location along State Highway 114 in Irving. This Class A asset offers underground parking along with fantastic views of the Hackberry Creek Country Club golf course.

 
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VICEROY

Location:1600 Viceroy Dr. Dallas, TX 75235
Total Square Feet: 214,341 SF
Vacant Square Feet: Please inquire
Description: Viceroy is centrally located between the Dallas Business District and Las Colinas, and is adjacent to Dallas Love Field Airport. This building has lovely amenities including a full service cafeteria, fitness center, and 24 hour manned security. Viceroy also offers a fantastic view of the Brook Hollow Golf Course.

 
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HERITAGE

Location: 1575 Heritage Dr. McKinney, Texas 75069
Total Square Feet: 48,304 SF
Vacant Square Feet: 5,554 SF
Description: Beautiful 3 story office building located 1/2 mile east of Hwy 75 and Hwy 380.

 
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PARKSIDE

Location: 16301 Quorum Dr. Addison, Texas 75001
Total Square Feet: 97,995 SF
Vacant Square Feet: 28,108 SF
Description: Parkside on Quorum is a two story Class A office building, with easy access to the Dallas North Tollway. It sits adjacent to Quorum Park, and has a unique skybridge.

 
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SUMMIT SQUARE

Location: 1100-1104 Summit Avenue, Plano, Texas 75074
Total Square Feet: 52,318 SF
Vacant Square Feet: 2,630 SF
Description: Summit Square is convenient to Central Expressway and has fantastic retail storefront exposure off Avenue K.

 
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JUPITER PLAZA

Location: 1001-1137 Jupiter Road S, Garland, Texas 75042
Total Square Feet: 133,641 SF
Vacant Square Feet: 4,392 SF - 9,042 SF
Description: The Jupiter Plaza business park can be utilized for office, showroom and warehouse. The park has a massive amount of parking and great glass storefront exposure.

 
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GATEWAY BUSINESS CENTER

Location: 6000-6015 Camous Circle Drive W, Irving, Texas 75063
Total Square Feet: 84,923 SF
Vacant Square Feet: 6,776 SF
Description: The Gateway Business Center is located in close proximity to Dallas Fort Worth International Airport and LBJ and John Carpenter freeways. The park is perfect for flex or office users with its diverse mix of tenants.

 
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JETSTAR

Location: 8000-8100 Jetstar Dr. Irving, Texas 75063
Total Square Feet: 84,000 SF
Vacant Square Feet: Please inquire
Description: 8000, 8050, and 8100 Jetstar are part of a 6 building, master-planned business park. All buildings offer 100% HVAC, rear loading docks, as well as glass storefront. The business park is located adjacent to DFW airport.

 
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CENTURY CIRCLE

Location: 2100-2200 Century Circle. Irving, Texas 75062
Total Square Feet: 62,800 SF
Vacant Square Feet: Please inquire
Description: 2100 and 2200 Century Circle are located within the South Stemmons Industrial Submarket.

 

KROGER

Location: 5650 Kroger Drive. Fort Worth, Texas 76244
Total Square Feet: 79,315 SF
Vacant Square Feet: 45,125 SF
Description: 5650 Kroger Dr is a fully sprinklered warehouse building, ideal for distribution users. The building is shared with Altitude Trampoline Park, which could make this space perfect for a complementary entertainment business. Please Inquire.