Us Realty Partners Ltd Partnership

What Us Realty Partners Ltd Partnership does

U.S. Realty Partners, Inc. is a privately held commercial real estate investment company specializing in the acquisition, asset management, development, and redevelopment of grocery-anchored retail properties in strategic metropolitan areas of the western United States. The firm targets stabilized, high-quality neighborhood and community shopping centers as well as core-plus and value-add opportunities with expansion, renovation, re-tenanting, and lease-up potential. Acquisition criteria require a minimum of 50,000 people within a 3-mile radius, average household incomes of $100,000+, minimum 100,000 sq ft of gross leasable area, and purchase prices ranging from $20 million to $100+ million, with geographic focus on California, Oregon, Washington, and Hawaii.

The firm operates a current portfolio of 15 retail properties totaling over 2 million sq ft of GLA, anchored by national grocery tenants including Safeway, Stater Bros, Amazon Fresh, SaveMart, and Smart & Final. Underlying operations rely on traditional real estate processes: in-house underwriting, leasing, construction management, and asset management — supported by third-party AppFolio software for investor reporting. The firm does not maintain proprietary technology platforms, AI capabilities, or patents, and is differentiated primarily by team experience and tenant relationships rather than technology.

U.S. Realty Partners generates revenue through rental income from owned properties, NOI optimization, asset appreciation, and co-investment partnerships with institutional investors, family offices, and individual investors. Distribution is relationship-based rather than platform-mediated: the firm markets via its corporate website, CEO-authored book ('Chasing Yield'), published case studies, and direct outreach, with investor access gated by an AppFolio-powered login portal. Pricing, fee structures, and investment minimums are not publicly disclosed.

Name

Us Realty Partners Ltd Partnership

Legal name

U.S. Realty Partners, Inc.

Website

https://usrpartners.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

U.S. Realty Partners is a privately held real estate investment firm that acquires, owns, and asset-manages grocery-anchored retail shopping centers across California, Oregon, Washington, and Hawaii, partnering with institutional, family-office, and individual investors.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Retail Real Estate Asset Management (BPAJAMAF)

Keywords

• Commercial real estate investment
• Retail property management
• Asset management services
• Shopping center acquisition
• Real estate investment firm

Headquarters

HQ city

Westlake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Retail Property Investment and Management: U.S. Realty Partners generates returns through the acquisition, asset management, development, and redevelopment of grocery-anchored retail properties. The firm earns returns via NOI optimization, occupancy improvement, strategic asset improvements, and yield maximization across its owned portfolio. Revenue is realized through rental income from tenants and appreciation on disposed assets.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

U.S. Realty Partners acquires, asset-manages, develops, and redevelops grocery-anchored retail shopping centers in the western United States as a principal and in partnership with institutional investors, family offices, and individual investors. The firm operates a portfolio of 15+ retail properties totaling over 2 million square feet of gross leasable area across California, Oregon, Washington, and Hawaii, targeting stabilized and core-plus assets with purchase prices ranging from $20 million to $100+ million.

Product overview

U.S. Realty Partners is a privately held real estate investment company operating a portfolio of grocery-anchored retail properties across the western United States and Hawaii. The company's core offering consists of 16 currently held retail properties totaling over 2 million square feet of gross leasable area, focusing on anchored shopping centers in strategic metropolitan areas. The portfolio includes neighborhood and community shopping centers anchored by grocery tenants such as Safeway, Amazon Fresh, Stater Bros, and SaveMart, located in California, Oregon, Washington, and Hawaii. The company also has a track record of 14 past projects including development, renovation, and expansion of retail properties. Services include property acquisition, asset management, development, and redevelopment of retail properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Acquisition Principal acquisition of stabilized and core-plus grocery-anchored neighborhood and community shopping centers in California, Oregon, Washington, and Hawaii with purchase prices ranging from $20 million to $100+ million, minimum 100,000 sq ft GLA, and demographic thresholds of 50,000+ people within a 3-mile radius and average household incomes of $100,000+.

Quantifiable outcome

• Over $2 billion in commercial real estate transactions across the leadership team's careers.
• +1 more outcomes

Named customers15 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

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Federal Realty Investment Trust: A publicly-traded REIT specializing in grocery-anchored open-air shopping centers in high-demographic U.S. coastal markets. Directly comparable to USRP's strategy and the former employer of CEO Jay Kerner; same tenant profile and demographic underwriting approach, but at vastly greater scale and with permanent public capital.
• Brixmor Property Group: A publicly-traded open-air shopping center REIT with a national grocery-anchored portfolio. Highly comparable on asset class and tenant mix; USRP's Director of Construction previously led projects at Brixmor, reflecting the shared operating playbook.
• Regency Centers: A leading grocery-anchored shopping center REIT focused on high-quality, necessity-based retail in top U.S. markets. Closest public-market comparable to USRP on strategy, tenant profile, and demographic underwriting, though at substantially larger scale.
• Kimco Realty: One of the largest publicly-traded shopping center REITs in North America, with a significant grocery-anchored portfolio across major U.S. metros. Broader incumbent competing for similar assets and tenants, though with greater diversification beyond the grocery-anchored niche.
• Walmart Real Estate Business Trust: Walmart owns and operates a large portfolio of grocery-anchored shopping centers, often selling stabilized assets to third-party operators. Functions as both a major tenant type and a potential seller/competitor in the same grocery-anchored acquisition universe that USRP targets.

Direct peers

• Phillips Edison & Company: A publicly-traded net-lease shopping center REIT focused on grocery-anchored necessity retail. Closest direct strategic peer to USRP given overlapping tenant base (including Safeway/Albertsons), demographic focus, and value-add asset management approach.
• Retail Opportunity Investments Corp: A publicly-traded REIT that owns and operates grocery-anchored shopping centers primarily on the West Coast. Direct competitor for the same properties USRP targets in California, Oregon, and Washington, with an overlapping institutional LP base.
• Kite Realty Group Trust: A publicly-traded open-air shopping center REIT with a meaningful grocery-anchored portfolio. Comparable on asset class, tenant-mix strategy, and value-add repositioning approach that USRP emphasizes in its case studies.

Regional players

• Alexander & Baldwin (Hawaii): A Hawaii-focused real estate company that owns grocery-anchored retail centers across the Hawaiian Islands, including through its former A&B Properties subsidiary. USRP's Hawaii Development Manager (Mike Wright) was previously an EVP at A&B Properties, indicating direct operational overlap in the same submarket.

Emerging players

• Veris Residential: A New Jersey-based REIT operating multifamily and retail assets, including grocery-anchored shopping centers in select East Coast markets. Useful as a smaller-scale, public-market shopping center operator for comparable economics, though USRP's West Coast focus limits direct overlap.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Us Realty Partners Ltd Partnership