MRA Group
MRA Group is a privately held, vertically integrated commercial real estate firm in Horsham, PA that provides advisory, development, and property management services to healthcare, higher education, and life sciences clients across the Mid-Atlantic region.
- Company typePrivate
- Founded1991
- HeadquartersHorsham, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
MRA Group firmographics
Firmographics- Name
- MRA Group
- Legal name
- MRA Group
- Website
- https://mragroup.net
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MRA Group is a privately held, vertically integrated commercial real estate firm in Horsham, PA that provides advisory, development, and property management services to healthcare, higher education, and life sciences clients across the Mid-Atlantic region.
- Ownership category
- akta.pro rank
MRA Group industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operative Builders (1531)
- akta.pro primary industry
- Healthcare & Medical Office Property Management (BPAJAGAF)
- akta.pro secondary industry
- Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)
Keywords
Where MRA Group is headquartered
LocationHeadquarters
- HQ city
- Horsham
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
MRA Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Advisory Services: MRA Group provides comprehensive real estate advisory services including strategic planning, financial modeling, lease/purchase analysis, and business partnership structuring for healthcare, higher education, and life sciences clients.
- Development Services: MRA Group develops commercial properties including adaptive reuse, build-to-suit, land planning, and new construction for clients. Revenue is generated through development fees and project management services. Notable projects include Spring House Innovation Park, Chestnut Run Innovation & Science Park, and healthcare facilities.
- Property Management: MRA Group manages over 4.5 million square feet of commercial real estate including facility management, asset management, lease administration, property accounting, and maintenance services. Revenue is generated through property management fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing for advisory, development, and management services |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels8 records
MRA Group product offering
Product offeringCore offering
MRA Group is a vertically integrated commercial real estate firm that acquires, develops, and manages properties for healthcare systems, universities, and life sciences companies in the Mid-Atlantic region. Its offerings span strategic advisory (financial modeling, lease/purchase analysis), full-service development (land planning, adaptive reuse, build-to-suit), and ongoing property/asset management across more than 4.5 million square feet of commercial real estate. Flagship offerings include the Spring House Innovation Park and Chestnut Run Innovation & Science Park life sciences campuses, plus build-to-suit medical office, laboratory, and student housing developments for enterprise tenants.
Product overview
MRA Group is a vertically integrated real estate development and client services firm offering advisory, development, and property management services to the healthcare, higher education, and life sciences sectors. The company operates a portfolio of development projects including innovation parks (Chestnut Run Innovation & Science Park, Spring House Innovation Park), technology campuses (TEK Park), laboratory facilities (Pennovation Lab, Jefferson Institute for Bioprocessing), and medical facilities. Services include strategic advisory, financial modeling, land planning, adaptive reuse, build-to-suit development, and comprehensive property management with over 4.5 million square feet under management. The company has structured over $4.5 billion in financial transactions and completed over $2 billion in projects.
Differentiator
Problem solved
Functional benefit
Brands
- Chestnut Run Innovation & Science Park (CRISP): A 163-acre life science and advanced manufacturing campus in Wilmington, DE, being redeveloped from the former DuPont Chestnut Run Laboratory campus.
- Spring House Innovation Park (SHIP)
- TEK Park
Products and services
- Advisory Services Comprehensive real estate advisory services including strategic planning, financial modeling, data analysis, deal structuring, lease/purchase analysis, and business partnership structuring for healthcare, life sciences, and higher education clients.
- Development Services
Quantifiable outcome
- Electricity costs are 50 percent lower while in operation than they were in 2016 when the campus was vacant and running older energy systems
- +3 more outcomes
Companies that use MRA Group
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles3 records
MRA Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
MRA Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered major and minor.
- Gulf Creek HotelsmajorMRA Group partnered with Gulf Creek Hotels for development of the Marriott Residence Inn at Chestnut Run Innovation & Science Park. Gulf Creek Hotels is responsible for operational excellence and management of the hotel.
- CBREminorSolenis engaged CBRE to identify the optimal location to consolidate and expand its US R&D facilities, leading to the 102,000 square-foot lease at CRISP campus. CBRE acted as a broker representing the tenant/client.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
MRA Group competitors and assessment
Company assessmentBroad incumbents
- The Opus Group: Opus is a national commercial real estate developer offering development, design, construction, and property management services. Comparable to MRA's vertically integrated full-service real estate platform, though Opus operates at national scale across multiple asset classes beyond MRA's healthcare/life sciences/education focus.
- Liberty Property Trust (Prologis): Liberty Property Trust was a major industrial and office REIT in Pennsylvania before being acquired by Prologis in 2020. Comparable to MRA's Mid-Atlantic presence and life sciences/industrial development strategy, though operating as a public REIT at significantly larger scale.
- Trammell Crow Company: Trammell Crow is one of the largest commercial real estate developers in the US, with deep healthcare and life sciences development expertise. Comparable to MRA's vertically integrated development and management model, though operating at much larger scale across multiple geographies and asset classes.
- Brandywine Realty Trust: Brandywine is a Philadelphia-headquartered publicly-traded REIT focused on office, life sciences, and mixed-use development. Operates in the same Philadelphia geography as MRA with overlapping life sciences and innovation campus strategy (e.g., Schuylkill Yards), though at significantly larger scale and public-company scale.
Regional players
- BPG Properties: BPG Properties is a Philadelphia-area commercial real estate investment and development firm with focus on office, medical, and mixed-use properties. Comparable to MRA's Mid-Atlantic regional focus and medical office building development activity, though at a different scale and investment structure.
- University City Science Center: University City Science Center operates research park and innovation real estate in Philadelphia, focused on connecting startups with lab and research space. Comparable to MRA's Philadelphia-area life sciences positioning and tenant mix, though structured as a non-profit rather than private developer.
Direct peers
- Hammes Partners: Hammes is a healthcare-focused real estate development and advisory firm serving health systems nationwide. Comparable to MRA in vertical specialization on healthcare real estate, advisory-to-development service integration, and emphasis on medical office buildings and outpatient facilities.
- Anchor Health Properties: Anchor Health is a national healthcare real estate development and management firm focused on medical office buildings, outpatient facilities, and health system partnerships. Directly comparable to MRA's healthcare vertical (Crozer Health, Redeemer Health, Temple Health engagements) with similar full-service development-to-management model.
- Scheer Partners: Scheer Partners is a Mid-Atlantic commercial real estate firm specializing in life sciences, technology, and healthcare properties. Highly comparable to MRA's regional Mid-Atlantic focus and life sciences/healthcare vertical specialization, serving biotech and university tenants in the same geography.
- Wexford Science & Technology: Wexford is a national developer of life sciences and innovation real estate campuses with university partnerships. Highly comparable to MRA's CRISP and SHIP model of repositioning legacy research campuses into multi-tenant innovation ecosystems serving biotech and academic tenants.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat4 records
Key risks1 record
Key highlights1 record
Customer concentration
MRA Group social profiles
Digital presenceMRA Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MRA Group leadership team
Management profileNumber of profiles
Profiles9 records
MRA Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MRA Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MRA Group
What does MRA Group do?
MRA Group is a vertically integrated commercial real estate firm that acquires, develops, and manages properties for healthcare systems, universities, and life sciences companies in the Mid-Atlantic region. Its offerings span strategic advisory (financial modeling, lease/purchase analysis), full-service development (land planning, adaptive reuse, build-to-suit), and ongoing property/asset management across more than 4.5 million square feet of commercial real estate. Flagship offerings include the Spring House Innovation Park and Chestnut Run Innovation & Science Park life sciences campuses, plus build-to-suit medical office, laboratory, and student housing developments for enterprise tenants.
Is MRA Group a public or private company?
MRA Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MRA Group founded?
MRA Group was founded in 1991. It employs 101 to 250 people.
Where is MRA Group based?
MRA Group is headquartered in Horsham, United States, in the North America region.
How does MRA Group make money?
Three revenue lines are on record. Advisory Services are the primary driver. The others are development Services and property Management.
Who are MRA Group's main competitors?
Broad incumbents on record are The Opus Group, Liberty Property Trust (Prologis), Trammell Crow Company and Brandywine Realty Trust. Regional players are BPG Properties and University City Science Center. Direct peers are Hammes Partners, Anchor Health Properties, Scheer Partners and Wexford Science & Technology.
Does MRA Group have an API?
No public API is recorded for MRA Group.
What industry is MRA Group in?
MRA Group's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJAGAF, Healthcare & Medical Office Property Management, with a secondary code of BPAJAMAH, Healthcare & Senior Housing Real Estate Asset Management. Its NAICS code is 53131 and its SIC code is 6531.