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After more than 50 years, Assam Cos. plans to transition business

Aug. 3, 2026 After 52 years in development and commercial real estate, Assam Cos. is preparing for a future that includes selling a portion of its business. Owner Sam Assam, whose father, Fred, founded the business as Fred Assam Commercial in 1974, is transitioning the company’s property management and commercial brokerage to NAI Sioux Falls. Fred Assam He plans to continue to handle development for multiple parcels of land the company owns in S…
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SIoux Falls business broke the news on Monday, August 3, 2026.
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