About Us

Developing properties and relationships by transforming spaces, businesses, and communities.

Pearl River Companies is a privately held commercial real estate investment and development firm with a focused strategy for opportunity-driven value creation. We are guided by our core values and committed to delivering the highest level of performance and service for our partners. We create value through innovative re-positioning and development of multiple asset types, including mixed-use, office, retail, and master-planned communities in both urban infill and suburban markets.

We differentiate ourselves through innovative design, solving complex real estate problems, building lasting relationships, and creating enduring value for the communities in which we invest.

Guiding Principles

Uphold
Integrity

We subscribe to the highest ethical standards in our industry and ourselves. We commit to doing business in an honest and transparent way, and demonstrate this commitment by partnering with others that share in our philosophy.

Data-Driven
Decision Making

Market intelligence strengthens our understanding of each project’s potential and challenges. Technology and up-to-date data reveal insights that enable our team to make precise decisions.

Challenge
Perspectives

We seek opportunities to transform spaces, businesses, and communities to deliver unique and mutually beneficial projects. We challenge ourselves to constantly expand boundaries and exceed expectations during each step of the development process.

Build
Partnerships

We forge lasting and sustainable relationships across all phases of our projects. We elicit participation in a collaborative structure that ensures the needs of all parties are integrated into the DNA of each project. These healthy partnerships drive continued opportunity as they become advocates for Pearl River and its way of doing business.

Core Values

PASSION
When you love what you do, the results are reflected in the quality of each project.


GENEROSITY
Kindness to others and giving back to the community are part of the company culture we cultivate.


EXCELLENCE
We strive to “raise the bar” day in and day out.


TEAMWORK
Collaboration is essential to our operation and drives the success of our projects.


ADAPTABILITY
We pride ourselves on our ability to adapt and thrive in changing and challenging environments.


QUALITY
Intentional thoughtful commitment to quality and innovation marks are hallmarks of our work.

Leadership

Spencer Harkness

Co-Founder | Managing Principal

Spencer is responsible for leading the team in day-to-day operations as well as executing Pearl River Cos. investment strategy through the acquisition and development of commercial real estate. He has managed the development of more than 1.3 million square feet of commercial mixed-use development valued over $250 million. Spencer graduated with a Bachelor of Business Administration from Loyola University of New Orleans. Outside of the office, Spencer enjoys traveling and spending time with his wife, daughter, and extended family.

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Mason Mote

Co-Founder | Managing Principal

Mason is a seasoned commercial real estate investor, developer, and attorney with over 15 years of experience in deal structuring, capital markets, land development, and portfolio management. As Managing Partner and General Counsel, Mason leads the firm’s investment strategy, capital formation, and legal operations, where he brings a unique blend of legal acumen, entrepreneurial vision, and strategic leadership. Before founding Pearl River, Mason served as a partner at McGuireWoods LLP and as counsel at Haynes Boone LLP, where he represented clients in complex commercial real estate, private equity and debt financing, and renewable energy transactions nationwide. Mason holds a J.D. from Tulane University Law School and has been recognized as a Texas Super Lawyers Rising Star.

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Nealy Mraz

Chief Financial Officer

Nealy is integral to the planning and execution of Pearl River's investment strategy through her oversight of financing, asset management, accounting, and tax compliance. She brings over 12 years of real estate finance and accounting expertise, having developed her career at Midway, where she assumed increasing responsibility on the financial operations team, rising to Controller following the company’s merger with Parkway. Nealy graduated from Texas A&M University with a Bachelor of Business Administration in Finance. She sits on the Advisory Board for Casa de Esperanza, serving on their Finance Committee. Outside of work, Nealy enjoys spending time with her husband and two young children.

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Steve Pierce

Development Partner

Steve is a Houston-based developer we partner with on select ground-up projects. He has 35 years of experience in commercial development and residential master-planned communities across the nation. Steve previously served as VP of Development for Midway with responsibilities including the acquisition and development of large commercial and residential projects. Steve has developed more than 10,000 acres of single-family master-planned communities; 3 million square feet of commercial office and mixed-use projects; and 1,700 multi-family units. Steve holds an MBA and a BS in Civil Engineering from Tulane University.