Turner Behringer

Real EstateTexas, United States11-50 Employees

Multiple Waco real estate, property management, construction and development firms merged under the umbrella of the newly formed Turner Behringer Holdings, in February 2019. The merger brings together experienced real estate companies that specialize in identifying, acquiring, and developing commercial and residential projects in Central Texas.

Turner Behringer Holdings is the parent company. Its holdings include Turner Behringer Real Estate, Turner Behringer Property Management and Turner Behringer Development. These entities absorbed Lucra Real Estate, Kunkel Construction and KCFI.

Turner Behringer Development has made a name for itself in urban re-development Downtown Waco, Texas having developed over 200,000 square feet of commercial and residential space in downtown Waco, including Tinsley Square, Altura Luxury Lofts, and The Lofts at Franklin Square. The development firm most recently created major retail and restaurant spaces downtown including UParks Village, West Bay and Union Hall.

Prior to the merger, the team also played pivotal roles in the revitalization of downtown Waco; collectively, developing more than 600,000-sq. ft. representing approximately $100 million in total investment in more than 22 new construction and adaptive re-use projects in a diverse mix of uses. Projects have ranged from main-street commercial redevelopment, urban lofts, multi-family housing (rental and condos), mixed-use, office, and a historic theatre rehabilitation into a multi-purpose performance venue and first-run movie theatre. Early urban development projects consisted of apartments, condos, and lofts that added approximately 350 new rooftops in downtown Waco to encourage people to live downtown. As the residential population increased, development has shifted to a stronger focus on retail, restaurant, and office in Waco, Texas.

Turner Behringer Holdings office at the newly renovated 1224 Austin Ave., the former home of First Federal Savings and Loan Association

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