THE MISHRA GROUP is a privately held, vertically integrated commercial real estate investment firm that focuses on the acquisition, long-term management, and leasing of core, core plus, and value add retail, office suite, and industrial/distribution properties across Houston, Texas and surrounding markets.
Mr. Vijay Mishra formed The Mishra Group in 1997 with a single business unit that focused on the new construction and redevelopment of single-family residential homes and living communities primarily located throughout Galveston County, Texas, and the Company has built or redeveloped approximately 100 of such single-family residential homes.
The Mishra Group acquired its first commercial shopping center in 2011, and soon the pace of commercial acquisitions began to accelerate. To date, The Mishra Group has completed approximately $250 million in commercial real estate transactions through the purchase, leasing, management, or sale of approximately one million square feet of commercial property and the Company currently has approximately 600,000 SF of commercial assets under management.
The Mishra Group operates all its commercial properties internally through its property management and commercial leasing affiliate, NOI Management. NOI Management was formed in 2019 and exclusively manages and leases the approximately 1 million square foot commercial portfolio and multi-dozen property single-family residential portfolio that The Mishra Group owns and controls. Additionally, The Mishra Group is equipped to effectuate all construction and development needs through its construction affiliate, Mishra Builders. Given the Company’s extensive background in new construction and complete rehabilitations prior to entering the commercial space, it offers an unparalleled ability to effectively redevelop its properties internally.
After approximately 25 years of operation since its initial founding in residential construction, the family-led and multi-generational Company has now scaled to a full-service commercial real estate firm with enough transactional volume to operate with a sole focus on its own investments, putting personalized property management relations and aggressive leasing strategies above all else.
In recent years, The Mishra Group has added several hundred thousand square feet of commercial space to its portfolio and has increased capacity to effectively manage and lease its properties to achieve the highest utilization and maximize investment performance for its principals. Accordingly, the Company has established an unquestionable reputation in Houston for identifying and evaluating acquisition opportunities efficiently and competitively evaluating properties in a manner to achieve timely, certain, and successful transactions.