{"id":261089,"date":"2025-09-28T10:54:21","date_gmt":"2025-09-28T10:54:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/261089\/"},"modified":"2025-09-28T10:54:21","modified_gmt":"2025-09-28T10:54:21","slug":"dallas-pacific-elm-forms-3-o-real-estate-with-ignite-rebees-founders-to-develop-irreplicable-mixed-use-destinations-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/261089\/","title":{"rendered":"Dallas\u2019 Pacific Elm Forms 3-O Real Estate With Ignite-Rebees Founders to Develop \u2018Irreplicable\u2019 Mixed-Use Destinations \u00bb Dallas Innovates"},"content":{"rendered":"

Pacific Elm Properties has launched a new real estate venture in partnership with three veterans of placemaking and hospitality. The Dallas-based firm has joined forces with Ignite-Rebees founders Tristan Simon, Mark Masinter, and Tom Paterson to form 3-O Real Estate Partners.<\/strong><\/p>\n

Jonas Woods is transitioning from his role as CEO of Pacific Elm Properties to lead 3-O Real Estate Partners as CEO. He\u2019ll guide the new venture alongside Tristan Simon, Mark Masinter, and Tom Paterson\u2014founders of Ignite-Rebees, known for their work in placemaking, experiential retail, and hospitality-driven property management.<\/p>\n

Billy Prewitt, formerly chief investment officer at Pacific Elm, will succeed Woods as CEO of the firm.<\/p>\n

\u201c3-O is focused on developing one-of-one, enduring real estate projects that unite place, culture, and hospitality,\u201d Woods said in a statement. \u201cBy combining our team\u2019s large-scale development and investment expertise with a creative, hospitality-driven approach, we are uniquely positioned to create destinations of lasting cultural and financial value.\u201d<\/p>\n

3-O will develop and operate retail and mixed-use projects drawn from the combined portfolios of Pacific Elm and Ignite-Rebees. The firm said current projects are underway in Dallas, Austin, Houston, San Antonio, Nashville, and Los Angeles. Across those markets, 3-O oversees more than $4 billion in development and manages over 2 million square feet of real estate.<\/p>\n

The new firm is positioning itself as a vertically integrated developer, operator, and investor. According to 3-O, each destination is conceived to be \u201csingular and irreplicable\u2014anchored in its place, intentional in its cultural vision, and distinguished by proprietary hospitality-driven programming.\u201d<\/p>\n

Together, the principals behind 3-O bring decades of experience in real estate development, value-add operations, and hospitality. The team has collectively launched and operated multiple hospitality businesses, completed dozens of development and redevelopment projects, and executed more than $10 billion in real estate transactions across the U.S.<\/p>\n

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