Patrinely Group

Patrinely Group is a Houston real estate developer with a 40-year track record in investing in, developing, leasing and managing large commercial properties. Besides its Post Oak Boulevard headquarters, it keeps regional offices in New York, Bellevue, Denver and Los Angeles. Its portfolio runs from HP Plaza and the SWN headquarters in Houston to Block 162 in Denver, Sunset Electric and Pike Motorworks in Seattle, G12 in Los Angeles and 535W43 in Manhattan, plus spec industrial work with Dune and Realterm. Its signature Northwest job is Four106, a 21-story, 485,000-square-foot office tower in downtown Bellevue designed by CollinsWoerman and built by Mortenson for $230.5 million. Uber, Databricks and Anthropic leased it up, and it’s an ENR Northwest Project of the Year finalist.

Four asset classes, and one of them is newer than the others. Patrinely organises its work around office, multifamily, industrial and data centers. The office practice is about Class A development and repositioning of well-located, efficient properties. Multifamily means high-density mid-rise and high-rise in advantaged locations. Industrial covers both build-to-suit and speculative. And the data center line is about designing, building and operating sustainable high-density facilities for large enterprise and hyperscale operators, which is a materially different discipline from the firm’s traditional office work.

The award record spans markets rather than concentrating in one. Block 162 in Denver took a 2022 NAIOP Colorado office award, an ENR Mountain States Best Project win and a 2021 AGC Colorado ACE award. Sunset Electric in Seattle was named Building of the Year by the Seattle Daily Journal of Commerce and multifamily development of the year, mid-rise, by Washington State NAIOP. Pike Motorworks took mixed-development of the year from the same chapter. In Los Angeles, G12 won a 2018 Gold in the Best in American Living Awards for for-rent development of four to seven stories. In Houston, HP Plaza won the Houston Business Journal’s 2019 Landmark office building award, and the SWN project took both a People’s Choice Award at ULI’s 2017 Distinction of Development Awards and an ENR Award of Merit. In New York, 535W43 earned a Merit Award from the ASLA’s New York chapter.

Leadership is based in Houston, with Robert Fields as President and CEO and Dean Patrinely as Chairman, both principals, alongside a chief operating officer and chief financial officer. The investment and industrial leadership sits in New York and Los Angeles respectively, which matches where those asset classes are being pursued.

Headquarters is at 1980 Post Oak Boulevard in Houston, with regional offices in New York, Bellevue, Denver and Los Angeles, and a 40-year track record behind the firm.