Menashe Properties

Name

Menashe Properties

Legal name

Menashe Properties, Inc.

Website

https://menasheproperties.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Offices of Real Estate Agents and Brokers (5312), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industries

Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC), Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI)

Keywords

• Commercial real estate
• Property leasing
• Property management
• Real estate acquisitions
• Private lending

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Property Leasing: Primary revenue stream from leasing office, retail, and industrial spaces to tenants. The company offers personalized leasing solutions and swift, fair lease negotiations to find ideal spaces aligned with tenants' long-term goals.
2. Property Acquisitions: Revenue generated through strategic acquisitions of commercial real estate at discounted valuations, particularly targeting properties in the $10M-$75M range in Western and Midwestern U.S. markets.
3. Private Lending: The company offers private money loans securitized by real estate, ranging from $1,000,000 to $20,000,000 with extremely competitive terms, recognizing unconventional deals and appreciating the opportunity to discuss proposals.
4. Property Management: Hands-on property management services for owned portfolio and potentially third-party properties, including maintenance, tenant relations, and operational oversight.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Menashe Properties is a family-owned commercial real estate firm that acquires, leases, and manages office, retail, and industrial properties across the Pacific and Mountain West United States, with recent expansion into Chicago. The company actively pursues commercial real estate acquisitions valued between $10M and $75M, offers leasing and hands-on property management for office/retail/industrial spaces, and provides private money loans securitized by real estate ranging from $1M to $20M.

Product overview

Menashe Properties is a family-owned commercial real estate firm offering a diversified portfolio of office, retail, industrial, and development properties across the Pacific and Mountain West United States, with operations in Washington, Oregon, Colorado, Texas, and Illinois. The company provides four core services: Acquisitions (targeting properties valued $10M-$75M), Leasing (office, retail, and industrial spaces), Property Management (hands-on local management), and Private Lending (real estate-secured loans from $1M-$20M). Their property portfolio includes notable office assets like the 230 W Monroe and 180 N LaSalle towers in Chicago, Montgomery Park in Portland (third-largest office building in Portland at 768,443 SF), and various retail and industrial properties. The company also offers tenant amenities including the Electric Lounge fitness facility and event space.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Acquisitions Acquisition service for commercial real estate properties valued from $10M to $75M. The firm leverages expertise to perform quick transactions without financing contingencies, targeting office, retail, and industrial assets across Western and Midwestern U.S. markets. Designed for sellers seeking reliable, all-cash buyers.
• Commercial Leasing Leasing services for office, retail, and industrial spaces with a personalized, hands-on management approach. The firm offers swift and fair lease negotiations to find ideal spaces aligned with tenants' long-term goals. Designed for businesses of all sizes from startups to established enterprises.
• Property Management Local, fast, responsive, flexible, hands-on property management services for commercial real estate assets. The firm positions itself as long-term owners deep-rooted in the Greater Portland community, with a commitment to ethics, honesty, and customer care. Includes maintenance, tenant relations, and operational oversight for owned and third-party properties.
• Private Lending Private money lending service offering loans securitized by real estate, ranging from $1M to $20M, with extremely competitive terms. The firm recognizes unconventional deals and welcomes proposals, with quick response times and efficient performance differentiating it from other lenders.

Quantifiable outcome

• Grew portfolio nearly 2x under Ross Kelley's leadership over 5 years
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered major, notable and core.

• CBREmajorChannel Partner/ Reseller/ Distributor · 25 June 2024CBRE represented tenants (Legal Aid Services of Oregon and Oregon Law Center) in leasing transactions at the American Bank Building. CBRE's market data also showed downtown Portland's 31.1% office vacancy rate in early 2024.
• Engel & VölkersnotableOthers · 19 June 2024Engel & Völkers signed a 10-year lease for 1,700 SF of ground-floor retail space in the 511 Building. The luxury real estate brokerage's presence adds prestige and activates retail space in the property.
• Stream Realty PartnerscoreImplementation/ SI/ Consulting PartnerStream Realty Partners provides property management services for Menashe Properties' Chicago office buildings including 230 W Monroe and 180 N LaSalle. Their team handles day-to-day property operations, tenant relations, and building management.
• Commercial Real Estate BrokerscoreChannel Partner/ Reseller/ DistributorMenashe Properties maintains strategic broker relationships across the industry, offering fair commissions, creative collaboration, and responsive communication. The company views brokers as partners in delivering exceptional real estate solutions rather than just transactional facilitators.
• GrindrnotableOthersGrindr signed an 8,000 SF lease at 230 W Monroe Street in May 2024, establishing its largest global engineering hub. The tenant brings tech industry credibility and employment to the building.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Unico Properties: Seattle-based private commercial real estate owner-operator with a deeply established Pacific Northwest office portfolio and long-term ownership horizon — operates in many of the same submarkets as Menashe and runs a comparable tenant-focused leasing and management model.
• Boxer Property: Houston-based family-owned commercial real estate firm focused on owning and operating office properties across multiple U.S. markets. Comparable to Menashe in acquisition strategy, family-office capital structure, and a portfolio of office assets acquired at or below replacement cost.
• Hackman Capital Partners: Family-owned, Los Angeles-based commercial real estate investment firm specializing in acquiring and repositioning office, industrial, and creative office properties. Highly comparable for opportunistic office acquisitions, family capital base, and operational focus on value-add repositioning.
• The Cordish Companies: Family-owned commercial real estate and entertainment firm operating office, retail, and mixed-use assets across U.S. markets. Comparable for family-controlled ownership, vertical integration across real estate operations, and a long-duration private capital model similar to Menashe's.
• Shorenstein Properties: Privately held commercial real estate firm focused on office ownership and investment in major U.S. markets, with family-office-style long-duration capital and a hands-on operating approach comparable to Menashe's vertically integrated model.
• Combined Properties, Inc. Privately held, family-controlled commercial real estate firm focused on retail and mixed-use properties in major U.S. metro areas. Comparable in family ownership, multi-generational operating model, and a hands-on landlord approach similar to Menashe's broker- and tenant-friendly philosophy.

Broad incumbents

• Highwoods Properties: Publicly traded office REIT with major Sun Belt presence including Atlanta, Nashville, Raleigh, and Texas. Broadly comparable office investor operating at significant scale; differs from Menashe by using public REIT capital and a Sun Belt-only geographic focus.
• Paramount Group: Publicly traded office REIT focused on high-quality office assets in major U.S. gateway cities including San Francisco and Chicago. Comparable in downtown office asset class and recent acquisitions of Chicago CBD properties, though operates as a public REIT rather than private family office.
• Brookfield Property Group: Global institutional real estate investor with material office ownership across U.S. gateway markets including Chicago, L.A., and New York. Comparable as a major office sector player but operates at vastly larger scale with institutional and sovereign capital — and is among the largest sellers into the current distressed office market dynamics Menashe is buying into.
• Kilroy Realty Corporation: Publicly traded office REIT focused on West Coast and high-growth tech-adjacent submarkets. Comparable in geographic overlap (Seattle, Portland, San Francisco-adjacent, Austin, Denver) and office asset class, but operates at institutional scale with public-market capital rather than family-office capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/menasheproperties/?ref=br_rs
• LinkedInlinkedin.com/company/menasheproperties
• Instagraminstagram.com/menashe_properties

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Menashe Properties