Braun Enterprises has built a thriving business on this contrarian approach. The developer started out in 1989 by acquiring and repositioning light industrial properties and leasing them to stabilization. They shifted their focus in 2009 and targeted distressed properties, expanding from Houston into Austin and San Antonio. In 2013, Braun began focusing on inner-city locations prime for development, thereby revitalizing neighborhoods along the way. Since 2013, the firm has repositioned over 50 properties in Houston’s inner loop, home to such renowned names as Torchy’s, Prohibition, and Killen’s. The firm is also finding success with its Urban Office concept. These ready-to-occupy offices include plenty of amenities and collaborative common areas and are positioned within walking distance to some of Houston’s most desirable retail and hospitality areas. PRISM has really enjoyed working with Braun the past several years, seeing their inspiring ideas to bring forgotten space back to life.