LRIC PROPERTIES TO FOCUS ON DEVELOPMENT, REDEVELOPMENT AND INVESTMENT IN RETAIL AND SHOPPING CENTER PROPERTIES THROUGHOUT TEXAS AND THE SOUTH.

The Texas population is growing by more than 1000 people per day. The economy is booming. Over the coming years some of the greatest opportunities will be in retail investment and development. LRIC Properties was formed in early 2014 by real estate veterans Steve Lipscomb and Tabb Neblett to focus on the development, redevelopment and investment in retail properties throughout Texas, the southwest and south. Along with Asset Manager, Austin Clinkscales, the principals have over 70 years of real estate investment experience. LRIC is capitalized by five seasoned investors and invests as both GP and LP on transactions.

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