Co-Founder & Managing Principal
Mr. Tallapragada is a Co-Founder and Managing Principal of Lock Three Properties, and has 12 years of institutional investment and management experience.
He is a recent alumnus of JBG Smith, and its predecessor, The JBG Companies, where he was a Senior Vice President and was responsible for the investment performance of a $1.1 billion portfolio of office properties in Washington, D.C. During his time at JBG, he also led the acquisition, financing, and disposition on $1 billion of transactions, and was responsible for developing and executing repositioning strategies to maximize value on behalf of the firm’s opportunity fund and public investors. Prior to joining JBG, Mr. Tallapragada was a Director at CBRE Global Investors, where he managed a $1 billion portfolio of office, retail, and industrial properties, and led $200 million of acquisitions on behalf of several institutional separate account investors. Mr. Tallapragada began his real estate career with Legg Mason Real Estate Investors, where he acquired, financed, and repositioned $400 million of value-add multifamily and retail investments on behalf of a firm-sponsored opportunity fund.
Mr. Tallapragada earned a B.S. from New York University, and an MBA from the Marshall School of Business, University of Southern California. He lives in Bethesda, MD with his wife and two children.