Commercial real estate investment firm Peachtree Group has opened its first office outside of its Atlanta headquarters in downtown Austin, Texas.
“Our expansion into Austin marks an exciting milestone for Peachtree Group,” Greg Friedman, managing principal and CEO, said in a statement. “Texas is a critical market for us, and establishing an office in the heart of downtown Austin will allow us to better support our growing portfolio and deepen our relationships in the region. With our ongoing projects across the state and our strong ties to the University of Texas community, this move reinforces our commitment to long-term investment and growth in Texas.”
With significant investments across the state, including ongoing developments in Dallas and San Antonio and an upcoming project in Austin, establishing an office in the state capital is in line with Peachtree’s long-term vision. According to the company, Austin’s business environment and growth prospects make it an ideal location to strengthen the firm’s reach and partnerships. The new office is in the 100 Congress building (100 Congress Avenue) and will serve as a hub for Peachtree’s investment and development activities in the region.
The firm has been recognized among the Longhorn 100, a distinction honoring the fastest-growing businesses led by the University of Texas alumni. Friedman, a University of Texas graduate, actively supports the institution by serving on the Real Estate Fund Advisory Board for the Texas McCombs School of Business.