Globe Corporation

What Globe Corporation does

Globe Corporation is a family-owned, diversified investment company headquartered in Scottsdale, Arizona, operating since 1901 and currently in its fourth generation of Getz family management under co-CEOs George F. Getz and Bert A. Getz Jr. The company operates across three core pillars: real estate (investment, development, and property management for both owned and third-party assets), asset management through Globe Financial Corporation (GFC), and a regulated private trust company (Globe Trust Company). Its real estate portfolio comprises more than 20 institutional-quality industrial, office, and retail properties totaling nearly 3 million square feet, primarily in Arizona and Illinois, with active developments in multifamily, office, and industrial segments executed either as sole developer or in joint venture.

The company's subsidiary structure includes Globe Management Company (in-house property management serving both Globe's holdings and external clients on a conflict-free basis), Globe Development Corporation with Merit Homes (custom and semi-custom homebuilding in Illinois, with over 115 homes built and $95M+ in construction value), and the Globe Foundation (philanthropy and the Hall of Flame Museum of Firefighting). GFC manages investment vehicles exclusively for Getz family members and related family entities using an open architecture manager-of-managers platform spanning traditional assets (domestic and international equities, fixed income) and alternative investments (private equity, hedge funds, venture capital, credit, buy-out funds).

Globe generates revenue through rental income from owned real estate, property management fees (internal and third-party), advisory and management fees from GFC on family AUM, and development profits from sole-sponsored and joint-venture projects (including the GSQ Retail joint venture with RED Development). Pricing is not publicly disclosed and is negotiated per engagement for the family-office and third-party property management clients. The company employs 11-50 people across offices in Scottsdale (headquarters and Arizona property management), Deerfield, Illinois (Illinois property management), and Phoenix (Hall of Flame Museum), with a second Illinois real estate office and no material geographic expansion or external capital signaled in the source data.

Name

Globe Corporation

Legal name

Globe Corporation

Website

https://globecor.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

Globe Corporation is a fourth-generation, family-owned diversified investment company headquartered in Scottsdale, Arizona, operating since 1901. It invests in, develops, and manages commercial real estate across Arizona and Illinois, provides property management and trust services, and manages traditional and alternative investments exclusively for the Getz family via its GFC subsidiary.

Ownership category

akta.pro rank

Product category

Diversified Real Estate Investment

NAICS

Portfolio Management and Investment Advice (523940), Management of Companies and Enterprises (55)

SIC

General Bldg Contractors - Residential Bldgs (1520), Services-Management Services (8741)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industry

Offshore & International Private Banking (FSAAABAB)

Keywords

• Real estate investment
• Commercial property management
• Asset management services
• Real estate development
• Family office services

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Real Estate Investment and Ownership: Revenue generated from ownership and management of institutional-quality industrial, office, and retail properties. Income derived from leasing space to tenants across a portfolio of 20+ properties totaling nearly 3 million square feet primarily in Illinois and Arizona.
2. Real Estate Development: Revenue from development projects including multifamily, office, and industrial developments. Globe acts as sole developer or in joint venture arrangements with strategic partners to build projects that become portfolio assets.
3. Third-Party Property Management Services: Globe Management Company, the in-house property management subsidiary, offers third-party management services to clients seeking conflict-free, high-touch service for their real estate assets, in addition to managing Globe's own portfolio.
4. Asset Management: Globe Financial Corporation (GFC) manages investment vehicles for Getz family members across various asset classes including traditional assets (domestic/international equities, fixed income) and alternative investments (private equity, hedge funds, venture capital, credit, buy-out funds).

Go-to-market motion1 record

Distribution channels1 record

Core offering

Globe Corporation is a family-owned, diversified investment company that acquires, develops, and manages a portfolio of institutional-quality industrial, office, and retail real estate in Arizona and Illinois. Through its wholly owned subsidiary Globe Financial Corporation (GFC), it provides asset management across traditional and alternative asset classes exclusively for Getz family members and related entities. Through Globe Management Company it offers third-party property management services, and through Merit Homes it builds custom and semi-custom homes in Illinois.

Product overview

Globe Corporation is a diversified investment company operating as a platform with multiple business units: real estate investment and development (acquiring, developing, and managing commercial properties in Arizona and Illinois), property management services (through Globe Management Company), and asset management (through subsidiary Globe Financial Corporation covering traditional assets like equities and fixed income, and alternative assets including private equity and hedge funds). A residential development subsidiary, Merit Homes, operates separately for custom home building in Illinois. The company is managed by fourth-generation Getz family members and serves exclusively the Getz family and related family entities.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RED Development (GLOBE CORP & RED DEV)coreStrategic or Co-development PartnerGlobe Corporation partners with RED Development on the GSQ Retail project, demonstrating a joint venture approach to real estate development. This co-development partnership combines Globe's capital and market expertise with RED Development's development capabilities to create mixed-use retail projects.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pritzker Group: Family-controlled diversified holding company with operating businesses across real estate, private equity, and asset management — directly comparable to Globe Corporation's combination of real estate investment, development, and family asset management.
• Bessemer Trust: Privately-held wealth and investment management firm exclusively serving ultra-high-net-worth families and their foundations, closely mirroring Globe Financial Corporation's role as family-exclusive asset manager with an open architecture manager-of-managers approach.
• Walton Enterprises: Family-owned holding company managing diversified assets and operations for the Walton family, mirroring Globe's role as a multi-generational, single-family diversified investment and operating platform.
• Glenmede: Independent, privately-owned investment and wealth management firm founded by a single family (the Pew family) to manage multi-generational wealth, structurally analogous to Globe's fourth-generation family-controlled asset management model.
• Crow Holdings: Family-owned (Trammel Crow family) real estate investment and development firm with decades of operating history, directly comparable to Globe Corporation's real estate investment, development, and property management focus.

Broad incumbents

• Brown Brothers Harriman & Co. Privately-held, partnership-owned financial services firm providing private banking, wealth management, and investment management to families and institutions — overlapping with Globe's family wealth management business but at much larger scale.
• Koch Industries: Privately-held, family-controlled diversified conglomerate with investments spanning real estate, private equity, and operating businesses; comparable as a large-scale family-owned diversified investment company, though far broader in scope than Globe.
• Northern Trust: Large wealth management and asset management firm with a prominent family office practice; Globe's CIO Dan Palmquist and other team members came directly from Northern Trust, underscoring direct operational comparability in serving HNW families.

Emerging players

• Cresset Capital: Independent multi-family office providing integrated wealth management, investment, and family office services to HNW families, with overlapping capabilities to GFC's family asset management focus but broader external client mandate.

Others

• Emerson Collective: Single-family office managing diversified investments, philanthropy, and operating businesses for the Powell Jobs family — comparable in structure as a family-controlled diversified investment and impact platform, though with a much heavier operating/business orientation than Globe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/globe-property-management-co.

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 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 Globe Corporation