Four generations of building in Texas.
Phelan Investments is a private, family-owned firm that develops and operates investment real estate, oil and gas properties and other equity investments from Beaumont.

2.3M square feet listed across retail, office and industrial projects
43 acquisitions and developments on our published list
2,847 acres of mixed-use land, led by Willow Creek
13 Texas communities, from Texarkana to San Antonio
What we invest in
We hold for the long term, and we put the family’s own capital to work across three lines of business.
- Investment real estate
- Shopping centers, office buildings, industrial properties, apartments and single-tenant facilities, plus large multi-use land developments.
- Oil and gas
- Oil and gas properties, in a part of Texas where the family’s business history reaches back to the Yount-Lee Oil Company.
- Equity investments
- Other equity investments that sit alongside our real estate and energy holdings.

Three ways to work with us

You have a property to sell
We look at raw land, income-producing commercial property and redevelopment opportunities throughout Texas and surrounding states.

You need a building
We have delivered many ground-up, single-tenant projects, on time, for national and regional companies.

You need space
Lease retail, office or industrial space across our Southeast Texas holdings and beyond.
Willow Creek
Our largest development is a 2,700-acre planned community in Southwest Beaumont, started in 1980. Winding waterways, a golf course and custom homes have made it one of the city’s most established neighborhoods.
Read about Willow CreekTenants you know
Over the years, our properties have been home to national names and local businesses alike.
- H-E-B
- Kroger
- Starbucks
- CVS
- Walgreens
- Bank of America
- Entergy
- Baker Hughes
- Kohl’s
- McDonald’s
Have a property or a project in mind?
Tell us about it. You’ll talk directly with the people who make the decisions.