D-Mars

3131 Properties, Ltd. Ceo Aaron Glenn and President Jason Medlock receive top honors at the 13th Annual African-American Business Achievement Pinnacle Awards which spotlights and honors African-American businesses that have achieved success by combining vision, determination, commitment, perseverance and dedication to building strong communities.

Launched in 2000, 3131 Properties, LTD., operates on the Magic Johnson model of economic and community development. Medlock and Glenn have brokered over $127 million in deals including sports, real estate, construction and franchises.

As developers, they deliver their services to his torically under-developed communities with the hope of stimulating local economies and providing new employment opportunities. The company's newest subsidiary, GlennLock Foods, LTD., employs 315 individuals. The Frenchy's Chicken brand has been extremely successful for 3131 Properties.

We take one deal at a time. We always look at a deal and say, What's the worst that can happen? What's the best that can happen? We then grade those and decide if we're going to take a chance. We look at the realness of a deal. We take a lot of different things into consideration before we decide if we are going to take a project off the ground. We assess the needs and look at the demographics, Medlock said.

The key to their success has also been in the ability to hire great leadership and choose deals that make sense in the Sugar Land area. Medlock and Glenn chose prime real estate at the right price and at the right time. Also, the team was able to duplicate the historic Frenchy's Chicken brand to mimic the original Scott Street location's flavor pattern.