Disciplined capital.
Generational timing.
A Scottsdale firm that acquires, manages, and develops commercial real estate across the Southwest — positioned between the institutional investor and the local entrepreneur.
We buy into dislocation, manage with institutional rigor, and realize into strength.
PRA has positioned itself in an exclusive niche — the $10M–$50M segment where the large institutional investor and the local entrepreneur rarely compete. Our edge is timing: financial expertise and management techniques typically reserved for far larger investors, applied to select opportunities in a market under continual consolidation.
From the RTC era to the 2008 recovery, PRA has bought when others couldn't — and preserved principal doing it.
Asset managers, financial analysts, and controllers run holds with institutional-grade discipline.
Holding periods are set by supply constraints, net absorption, and new construction — then sold into the run-up.
Three decades of contrarian timing.
Industrial, across California and the Southwest.
Today PRA is developing and acquiring industrial real estate — the same contrarian, forward-thinking model that has driven an enviable return on investment and principal preservation for three decades. In 2016 we delivered 213,000 SF at the Broadway 101 Industrial Park in Mesa for a long-term hold. We're actively looking for the next one.
PRA is actively acquiring and developing industrial real estate across Arizona, Southern California, and the Southwest. If you have an off-market opportunity, bring it to us directly.