Marand Builders

What Marand Builders does

Marand Builders is a privately held commercial general contractor founded in 1999 by Francisco Alvarado and headquartered in Charlotte, North Carolina. The company delivers new construction, renovations, buildouts, and multi-site programs through preconstruction, project management, and site supervision services, primarily under lump sum, GMP, and design-build contracts. It serves four core verticals — healthcare, financial, corporate workplace, and light industrial — with active ICRA certification for healthcare work and enterprise clients that include Novant Health, Atrium Health, Fifth Third Bank, Capital One, Bank of America, Duke Energy, Georgia Power, and Southern Company. The company operates from eight full-service offices across the Southeast, Mid-Atlantic, and Texas (with the eighth opening in Dallas Fort Worth in 2024), serving 14 states and employing 180+ professionals.

The business is structured as a direct-to-client commercial construction services firm with no third-party resellers or distributors. GTM is enterprise field sales anchored by dedicated project management and site supervision teams; long-term client relationships drive 97% repeat business across 3,500+ completed projects since founding. Differentiators include MBE certification (NMSDC), HUB certification (North Carolina), a workforce that is over 50% women and minority, and a scholarship fund supporting minority STEM students. Notable strategic actions include the 2020 partnership with Brasfield & Gorrie to pursue larger healthcare projects and the 2022 opening of the Atrium Health Union West Medical Office Building and groundbreaking of the Michael Jordan Family Medical Clinics with Novant Health.

Marand is family-led, with founder Francisco Alvarado as CEO and President, Andrés Alvarado as Senior VP of Operations, Marcelo Alvarado as North Florida Regional Director, Jeannette Alvarado as VP of Finance, and Luis Romero as CFO. The company has grown organically without disclosed external capital, parent company, subsidiaries, or M&A activity. Revenue, ARR, and backlog are not publicly disclosed.

Name

Marand Builders

Legal name

Marand Builders, Inc.

Website

https://marandbuilders.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Marand Builders is a privately held commercial general contractor founded in 1999 and headquartered in Charlotte, NC. It delivers preconstruction, project management, and site supervision services across healthcare, financial, corporate workplace, and light industrial verticals from eight offices in 14 states.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Commercial general contracting
• Healthcare construction
• Design-build services
• Pre-construction services
• Corporate workplace construction

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. General Contracting Services: Traditional general contracting fees for new construction, renovations, buildouts, and multi-site programs. Services include preconstruction, project management, site supervision, and design-build delivery methods. Revenue generated through lump sum contracts, GMP (Guaranteed Maximum Price), and design-build arrangements with commercial clients in healthcare, financial, corporate workplace, and light industrial sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Marand Builders is a privately held commercial general contractor providing full-service construction delivery, including preconstruction, project management, and site supervision, for new construction, renovations, buildouts, and multi-site programs in the healthcare, financial, corporate workplace, and light industrial markets. Services are delivered through design-build, lump sum, GMP (Guaranteed Maximum Price), and competitive bid contract methods across eight regional offices in the Southeast, Mid-Atlantic, and Texas.

Product overview

Marand Builders is a commercial general contractor offering a unified suite of construction services rather than a modular software product. The core offering centers on general contracting with specialized divisions for healthcare, financial, corporate workplace, and light industrial markets. Design-Build and Pre-Construction Services are integrated delivery methods that complement the core contracting services, allowing clients to engage Marand at different project phases. All services are delivered through eight regional offices across the Southeast and Mid-Atlantic with consistent processes and local expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting Services

Quantifiable outcome

• 97% repeat business rate
• +4 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Brasfield & GorriecoreStrategic or Co-development Partner · 1 January 2020Strategic partnership formed in 2020 for healthcare construction projects. First joint project was Atrium Health's new Medical Office Building in Stallings, NC (60,000-69,000 SF). Marand worked on core and shell and interior upfit while Brasfield & Gorrie served as lead GC. Partnership enables execution of larger-scale healthcare projects and business growth opportunities.
• Novant HealthcoreStrategic or Co-development PartnerMultiple projects including Michael Jordan Family Medical Clinics in Wilmington, NC and Charlotte, NC (Freedom Drive and North End locations). Marand honored to break ground on first of two Michael Jordan Family Medical Clinics in Wilmington.
• 4C (Charlotte Commercial Construction Coalition)minorStrategic or Co-development PartnerPartnership with Atrium Health to host COVID-19 vaccination drive for Charlotte construction industry on April 7, 2021. Event at Consolidated Planning's parking lot vaccinated 300 people.
• HabiJax (Habitat for Humanity of Jacksonville)minorOthersVolunteered to help build 50 tiny homes for Jacksonville community to address affordable housing shortage for lower income families affected by pandemic.
• She Built this CityminorOthersPartnership with pre-apprenticeship program introducing women to blueprints and plumbing trade specifics. Hosted Stallings jobsite tour for program participants.
• Latin Americans Working for Achievement (LAWA)coreOthersPartnership to provide scholarships for Latin American and African American youth to advance in education. Supports Marand Builders Scholarship Fund since 2017.
• Carolina Youth Coalition (CYC)coreOthersPartnership to provide scholarships for minority youth. Combined with LAWA to support Marand Builders Scholarship Fund since 2017.
• Central Piedmont Community CollegeminorOthersEducational institution partnership for annual Marand Builders Scholarship Fund supporting STEM majors and technical careers.
• National Minority Supplier Development Council (NMSDC)coreOthersCertifying body for Minority Business Enterprise (MBE) status. Marand is a certified MBE member.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brasfield & Gorrie: Brasfield & Gorrie is one of the largest privately held U.S. commercial GCs with deep healthcare and institutional expertise. It is a direct comparable to Marand — both serve healthcare and commercial clients in the Southeast — and is already a strategic partner, which signals business model alignment.
• JE Dunn Construction: JE Dunn is a top-20 U.S. commercial GC with strong healthcare, corporate, and higher education practices. It is a larger incumbent peer that competes for the same enterprise healthcare and financial clients as Marand across the Southeast.
• McCarthy Building Companies: McCarthy is one of the largest U.S. healthcare construction specialists with national reach and significant Southeast presence. It competes with Marand for hospital and health system work and represents the larger end of the healthcare GC peer set.
• DPR Construction: DPR is a national commercial GC with significant healthcare, life sciences, and corporate workplace practices. It is a larger incumbent comparable to Marand on the healthcare and corporate workplace dimensions of its portfolio.
• Turner Construction: Turner is the largest commercial GC in the U.S., with national healthcare, financial, and corporate workplace practices. It represents the upper bound of scale against which Marand competes and is a relevant broad peer.
• Balfour Beatty US: Balfour Beatty US is a major commercial GC with strong healthcare and corporate workplace divisions operating in the Southeast. It is a comparable incumbent serving many of the same enterprise clients as Marand.
• Skanska USA: Skanska USA is a global commercial GC with significant U.S. healthcare, commercial, and education practices. It is a relevant broad incumbent comparable to Marand on enterprise healthcare and corporate workplace delivery.

Direct peers

• Robins & Morton: Robins & Morton is a privately held commercial GC specializing in healthcare, higher education, and commercial construction across the Southeast. It competes directly with Marand for healthcare system work and shares a similar size, regional footprint, and relationship-driven model.
• Hoar Construction: Hoar Construction is a privately held commercial GC headquartered in the Southeast with offices across multiple Sun Belt states. It serves healthcare, corporate, and multifamily clients — a portfolio directly overlapping with Marand's vertical mix.

Regional players

• Clancy & Theys Construction Company: Clancy & Theys is a privately held commercial GC with a strong Southeast presence, particularly in the Carolinas. It is closely comparable to Marand in size, geography, and vertical mix (commercial, healthcare, institutional).

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/marand-builders-inc
• Facebookfacebook.com/marand-builders-215835602082824

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marand Builders