Turning Complexity
into Opportunity.
Your Guide to Texas Commercial Real Estate
Texas is full of opportunity if you have the right guide. LT TEAM helps investors understand the market, manage risk, and unlock long-term value.
We turn complexity into opportunity with local insight and disciplined execution.
Lezlie Tram Le, CEO
"Leadership Built on Resilience and Results"
Lezlie's leadership was forged through setbacks as much as successes, shaping a clear, resilient approach to every deal. With 22+ years in Texas commercial real estate and a proven track record of $55M in developments and $250M+ in acquisitions, she's known for transforming complex challenges into opportunities.
Her recognition—from Austin Under 40 to the Austin Woman Magazine cover and beyond—reflects a career built on discipline, clarity, and sustained growth. Every project she leads is grounded in market intelligence, financial rigor, and a commitment to delivering measurable value.
Company Snapshot
17+
Professionals
Experienced real estate team
10
Licensed Agents
Certified experts across our Texas market
$55M+
Development
Ground-up & value-added projects
$250M+
Acquisitions
Strategic investments completed
Market Coverage
TEXAS - Austin • San Antonio • DFW (I-35 corridor) • Houston
Multilingual Team
English, Vietnamese, Thai, Korean, Spanish
Core Values
1
1
Act with Integrity
2
2
Think with Strategy
3
3
Solve with Creativity
4
4
Respond with Adaptability
5
5
Lead with Humble Confidence
6
6
Strengthen each other through YIN & YANG
BROKERAGE
1. Buyer & Seller Investment Sales
Your investment goals set the direction. We guide you through deal complexity and market shifts to uncover opportunities to build long-term wealth in the Texas market.
S P L A T - The 5 Pillars of CRE Investing
S — Safety (capital preservation)
Commercial assets provide long-term stability and protect invested capital.
P — Periodic Return (cash flow)
Investors earn ongoing income through consistent rental payments.
L — Leverage (borrowing funds)
Use financing to amplify purchasing power and increase overall returns.
A — Appreciation (hedge against inflation)
Commercial properties typically grow in value over time, protecting wealth against inflation.
T — Tax Shelter (income tax advantage)
Real estate offers tax benefits through depreciation and other incentives that reduce taxable income.
Property Types We Specialize In
Retail
From strip centers to anchored shopping destinations
Office
Class A to value-add repositioning opportunities
Flex Space
Versatile properties for evolving business needs
Land
Ground-up development and strategic land banking
2. Tenant Representation
Strategic Summary
How we find the right location for your business
1
Define Your Objectives
Clarify timing, location needs, budget, and operational priorities to set the foundation for the search.
2
Understand Your Business Model
Align real estate decisions with your growth plan, customer base, and long-term strategy.
3
Analyze Traffic & Market Data
Evaluate rents, TI allowances, NNN fees, demographics, and competitors to identify high-performing locations.
4
Craft a Leasing Strategy
Shortlist properties, prepare proposals, and position you for negotiation advantage.
5
Negotiate & Execute the Lease
Review terms, protect your interests, and finalize agreements with clarity and precision.
6
Support Your Build-Out
Coordinate contractors, budgets, and construction milestones through move-in.
7
Deliver Lease Abstracts & Opening Prep
Provide a clear lease summary and support your ribbon cutting and grand opening.
Why Clients Trust Us
We represent tenants with a business-owner mindset, because we operate businesses ourselves.
3. Landlord Representation
Tenant Mix Is the Key to Retail Success
Core Factors We Evaluate
  • Rent Strategy
  • Net Income Profile
  • Property Ownership Goals
  • Incentive Structure
  • Prospecting System
  • Optimal Tenant Mix
  • Supply and Demand
  • Property Type
  • Lease Strategy
  • Target Market
Our Strategy for Project Leasing
Building the foundation for a successful shopping center.
Define Ownership Goals & Ideal Tenant Mix
We begin by understanding your objectives and identifying the tenant mix that aligns with the property's long-term value.
Analyze Property Function & Retailer Needs
We assess how the physical layout supports retailer operations and identify improvements that can increase traffic and performance.
Create a Market-Driven Leasing Plan
Using real-time market insights, we develop a leasing strategy tailored to demand, competition, and property positioning.
Build a Targeted Retailer List
We leverage our network and market relationships to develop a curated list of qualified retailers that fit your center.
Produce Persuasive Marketing Materials
We package your property's strengths into compelling materials that showcase its value to prospective tenants.
Execute Marketing & Prospecting Initiatives
We activate our leasing plan, engage prospects, and drive traffic to the property through targeted outreach and strategic prospecting.
PROJECT DEVELOPMENT
Execution Roadmap
How can we make your project reality?
Plan the project
Acquire the land
Design & build
Lease or sell the asset
Development - Overseas Materials Sourcing
Strategic Partnership
Vetted network of 9-figure factories in Vietnam.
Why it matters
Expanded Design
Diversified Supply
Competitive Pricing
U.S.-compliant quality
Starting Categories
Plywood & Doors
Windows & Millwork
Cabinetry
Flooring & Countertops
Wall Panels
Glass & Railings
Consistent, U.S.-compliant quality.
We drive the process from start to finish - so you can enjoy the results while we manage the complexity.
PROPERTY MANAGEMENT
Execution Roadmap
1
Rent Collection
2
Mortgage & Utility Payments
3
Accounting Services
4
Tenant Leasing
5
Security Deposits
6
Property Inspections
7
Repairs & Maintenance
8
Property Management Oversight
We help you protect your asset.
Our management philosophy is built around the goals and objectives of property owners.
We review your priorities and budget, then create strategies that increase NOI, reduce vacancies, and strengthen long-term asset value.
ASSET MANAGEMENT
Strategic oversight designed to protect, optimize, and grow your real estate assets.
We combine long-term asset strategy with disciplined operational oversight to maximize NOI, reduce risk, and strengthen the overall value of your portfolio.
OUR SERVICES
01
Asset Strategy
Long-term planning to position your asset for success.
  • Hold vs. reposition assessments
  • Capital improvement planning
  • Tenant mix strategy
  • Market and competitive evaluation
02
Property Management Oversight
Accountability and leadership to ensure strong daily execution.
  • Oversight of property manager performance
  • Vendor and maintenance monitoring
  • Compliance and risk mitigation
  • Operational performance tracking
03
Financial Oversight
Protecting NOI with disciplined financial controls.
  • Rent roll and collections monitoring
  • Budgeting and expense management
  • Cash-flow oversight
  • Monthly and quarterly reporting
04
Leasing Oversight
Driving occupancy, retention, and asset stability.
  • Renewal strategy and negotiations
  • Backfilling vacancies
  • Tenant retention metrics
  • Coordination with leasing brokers
05
Tax Strategy Alignment
Collaborating with tax experts to maximize after-tax returns.
  • Depreciation schedule review
  • Cost segregation opportunities
  • Capital planning
  • Ownership structure optimization
OUR ADVANTAGE
We think like asset owners
Bringing strategy, data, and disciplined oversight to help you protect today’s value and grow tomorrow’s returns.
Turning Complexity into Opportunity
Across the Entire Real Estate Lifecycle
You set the vision - we bring the expertise.
The LT Ecosystem is designed to guide investors, partners, and business owners through every stage of commercial real estate, providing the strategic insight and disciplined execution that help you create long-term wealth.
1. Brokerage
Investment Sales • Site Selection • Tenant & Landlord Representation
Your investment goals set the direction - our expertise guides the path.
1
Investment & Advisory
Clear analysis of risk, returns, and market shifts to position every acquisition or sale for long-term value.
2
Tenant Representation
We negotiate with a business-owner mindset — bringing clarity to site selection, market data, and leasing strategy.
3
Landlord Representation
Tenant mix drives retail success.
We create targeted leasing strategies that attract the right tenants and strengthen NOI.
2. Development
Value-Add and Ground-Up Projects Across Texas Growth Corridors
We turn vision into reality through disciplined, end-to-end project execution - from planning to land acquisition, design, construction, and lease-up or sale.
Project Development - Execution Roadmap
Plan the project
Acquire the land
Design & build
Lease or sell the asset
Texas is full of opportunity when you have the right guide.
We help investors understand the market, manage risk, and unlock long-term value — including leveraging overseas materials sourcing to improve cost and yield.
3. Asset & Property Management
Value maximization • Operational efficiency • NOI growth
Asset Management
Asset strategy • NOI maximization • Reporting • Ownership strategy
  • We align long-term ownership goals with market performance to protect and grow asset value.
  • Our work includes strategic planning, NOI improvement, leasing oversight, financial reporting, and tax-aligned strategies that strengthen overall returns.
Property Management
We help you protect your asset.
  • Our approach centers on owner priorities — increasing NOI, reducing vacancies, controlling expenses, and maintaining operational performance.
  • We ensure your property manager executes consistently, safeguards the asset, and strengthens long-term value.
Turning Complexity
into Opportunity.
Case Spotlight
36,000 SF Pecan Flex (Pflugerville)
Challenge
Land acquisition + full ground-up flex development
Outcome
Fast entitlements, disciplined GC selection, targeted leasing
Investor Result
Doubled projected returns with early permitting and 70% pre-leasing; fully stabilized in <12 months.
Case Spotlight
26-Unit Kramer Townhome Condos (Austin)
Challenge
Ground-up modern multi-tenant townhomes
Outcome
Efficient design, construction, and lease-up strategy
Investor Result
Stabilized rental income in 6 months.
Case Spotlight
LBJ Center (Dallas)
Challenge
4-story office acquisition + landlord representation
Outcome
Market repositioning and active lease-up
Client Result
Strategic entry below replacement cost with value-add through rent optimization and occupancy growth.
Testimonials
"You truly understand our goals."
Clients value our ability to listen deeply and align strategy with their objectives.
"You do the due diligence like it's your own deal."
We approach every project with personal investment discipline.
"Responsive and honest, even when advice is tough."
Clear, candid guidance - we tell the truth, even when it's not easy.
PEOPLE & COMMUNITY
Leaders who guide. A team that delivers. A community we serve.
Team Leadership
Supported by experienced analysts, coordinators, and specialists committed to delivering exceptional results.
Lezlie Tram Le
CEO & Developer
Penny Chung
Brokerage Lead
Vy Le
Asset & Property Management Lead
Community Involvement
Our commitment extends beyond transactions — we actively support and contribute to the communities we serve.
Lezlie Tram Le
Penny Chung
CCIM Current President, Central Texas Chapter (2025)
Lezlie Tram Le & Vy Le
IREM Asset Management and Property Management - Current Members
Where We're Active
Strategic Coverage Across Texas Growth Markets
San Antonio MSA
DFW Metroplex
Austin MSA
Houston Region
Bring us your complexity.
We'll turn it into an opportunity.
Advisory • Brokerage • Development • Asset & Property Management
Start a Conversation
Contact Information
12516 Walnut Park Crossing, Ste. 200, Austin, TX 78753
512.490.6666
ltcommercialgroup.com