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Pearlstone Partners is a full-service real estate development firm with more than 100 years combined experience in the Austin, Texas real estate industry. With a portfolio of over half a billion and experience managing every stage of the property development life cycle, Pearlstone Partners is uniquely qualified to execute projects from concept through completion. 

We are committed to creating high-quality, socially conscious, market-sensitive ventures that honor long-term relationships with our investors.  



Amid the many changes that have occurred during our two generations in business, one thing has remained constant: our belief that most valuable long-term investments are rooted in long-term relationships.




Our team has been responsible for more than $200 million in locally developed real estate and has more than $500 million actively invested. Our portfolio is comprised of a range of commercial projects that include office buildings, condos, multi-family, and mixed-use in some of Austin's most desirable areas.


At Pearlstone Partners we analyze the market to make sure we build the right project, at the right location, for the right price, at the right time. Our analysis allows us to determine which development types will offer investors, partners, and buyers the best return on their investment while making the most use of the land.


Let us oversee the planning, design, and construction of your next project. Our background as a full-service real estate company allows us to share our understanding of the full project life-cycle with our clients. From the moment you break ground, we design and build with the future of your project in mind.  



Locally owned and operated, our team has been active in the Austin real estate market since 1982 and our innovative projects continue to shape the housing landscape of our fair city.


As Pearlstone Partners starts another condo development, CEO Robert Lee talks Austin's urban future

July 9, 2021 at 5:00:00 AM

AUSTIN BUSINESS JOURNAL —  Austin-based real estate development firm Pearlstone Partners, led by CEO Robert Lee, has another condo project in the works — this one is set to bring 200 units with a small footprint to the Mueller mixed-use community. At the groundbreaking, Lee weighed in on whether developers — and the city — should prioritize dense housing.

Pearlstone, ATCO to Develop 284-Unit Multifamily Project in Austin

April 13, 2021 at 5:00:00 AM

TEXAS REAL ESTATE BUSINESS — A partnership between Austin-based Pearlstone Properties and New York-based ATCO Properties & Management will develop The East Tower, a 284-unit multifamily project that will be located in Austin’s historic Rainey Street District.

East Avenue Demolition Clearing Path for Rainey’s Next Condo Tower

June 9, 2021 at 5:00:00 AM

TOWERS — The pending demolition of a restaurant building will soon clear the site of a planned downtown Austin condo tower on the edge of the Rainey Street District. The 41-story East Tower project by local developers Pearlstone Partners in partnership with New York-based investment firm ATCO Properties is currently expected to break ground later this year atop a 0.4-acre site at 82 and 84 East Avenue.

Building ‘Attainable’ Condos Within Austin’s Urban Core

March 31, 2021 at 5:00:00 AM

MHN — Austin continued to showcase strength throughout the pandemic, with real estate fundamentals remaining relatively steady. The strong in-migration from high-cost gateway markets has maintained high demand levels, particularly for more affordable housing options, according to a recent Yardi Matrix report.

Parkside Brings Mueller Its First Real-Deal Density-Loving Condo Community

April 8, 2021 at 5:00:00 AM

AUSTIN TOWERS - Approximately 17 years into its transformation from an Austin airport to a master-planned neighborhood, you might say Mueller is running out of surprises — most of its sprawling 711 acres are now built out on behalf of its master developers at Catellus. We’re excited to see how an expected future apartment project fits around the iconic former Mueller Airport’s preserved control tower, and it was nice to finally see the neighborhood’s first boutique hotel plan a while back — but to us, one of the area’s biggest game-changers lately will be the completion of Parkside at Mueller, the first major condominium development of its kind in the neighborhood by the locals at Pearlstone Partners and New York-based ATCO Properties.

Pearlstone Partners Developing 200-Condo Project

March 17, 2021 at 5:00:00 AM

RECON — Pearlstone Partners is developing Parkside at Mueller, a 200-unit condominium community on 1.8 acres at 1701 Simond Ave. The project will offer studio-, one-, two-, and three-bedroom floor plans. Thirty of the condos will be reserved for families earning up to 80 percent of the area median family income. Construction will begin in the second quarter and be complete by mid-2023.



Industry Affiliations

Mailing Address:

7421 Burnet Rd #274

Austin 78757


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