About
Pegalo Inc

Pegalo Properties is a leading full-service Development and Management Company dedicated to excellence in commercial and residential projects. With years of industry experience, our team is committed to upholding the highest standards of service and integrity, delivering results that exceed our clients’ expectations. Our expertise lies in our comprehensive understanding of the local market, allowing us to provide tailored solutions that are both innovative and effective.

At the core of Pegalo Properties is a commitment to our clients. We believe in building lasting relationships based on trust and mutual respect. Our professional services encompass everything from aquisition to management and disposition. We leverage cutting-edge technology, extensive networks, and a proactive approach to ensure that every project is well-cared for and profitable. Join us at Pegalo Properties, where your project’s future is in expert hands.

Meet The Owner

Richard Kooris has owned and successfully developed property in Austin, Texas since 1976, a time when few other developers had foreseen the potential of this area. Pegalo Properties Inc. is our property management and development firm, and the 501 Studios project was our first major development project. It began as four empty warehouse buildings and has been restored into one of the premier specialized small tenant commercial office and studio developments in the downtown Austin area. The 501 Studios complex is home to ninety individual company tenants, primarily concentrated in film, video, audio and digital design and includes a well-known entertainment venue and a locally famous coffee shop. Pegalo functioned as developer, designer, and general contractor on the entire project.

Since developing 501 Studios, Pegalo has successfully completed several other significant commercial and residential real estate development projects, including the acquisition of sites, design, construction, and sale of 41 speculative residential urban infill dwellings, primarily in East and South Austin.

Richard Kooris

Meet Our Team

Michael Lazarus
Development Associate

MLazarus@501Studios.com

Michael has performed a project management role for the Pegalo team since 2016. This includes a wide range of successful commercial and residential projects from conception to disposition. He thrives on the creativity, collaboration with designers and consultants, and the hard work and problem solving the role requires.

Michael is a born and raised Austinite, passionate about his hometown. His path to real estate development started as an undergraduate at The University of Texas. Hook ‘em! \m/ There he grew his appreciation for architecture, design and urban planning. He then earned his Master of Urban Planning, with a focus in real estate development, from the University of Washington, at Seattle. He has also been a licensed realtor for over ten years.

Michael enjoys spending his free time with family, cooking, and exploring the outdoors.
Ronnie McClain
Development Associate RMcClain@501Studios.com