Horizon Property Group
Horizon Property Group is a privately-held, full-service commercial real estate firm in Greenwood, Indiana that owns, leases, manages, and develops retail, office, and multifamily properties across Indiana, Florida, and Texas under the Horizon, 10x Centre, and 10x Living brands.
- Company typePrivate
- Founded2001
- HeadquartersGreenwood, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Horizon Property Group does
Horizon Property Group is a privately-held, full-service commercial real estate company headquartered at 107 N State Road 135, Suite 306, Greenwood, Indiana, operating across four integrated lines of business: retail leasing, office leasing, property management, and commercial construction. The company, founded by CEO Derrick Christy in 2001, owns and manages more than 300,000 square feet of retail and office space in the Indianapolis metro area across assets including Center at Stop 11, Greenwood Corner Shops, County Line Corner Shops, and Eagle Highlands Shops, plus the Class A Christy Building at 107 headquarters. Its customer base comprises retail tenants, office tenants (from SMBs to corporate users), and third-party commercial property owners in central Indiana; named tenants include Paul Mitchell The School and MVP Title. Pricing and lease terms are individually negotiated and not publicly disclosed.
Beyond core Indiana commercial real estate, Horizon operates two subsidiaries that materially expand its footprint. 10x Centre is a 220,000 sq. ft. Class A office building in Miami's Aventura submarket, designed by Arquitectonica. 10x Living is a multifamily sub-brand spanning approximately 3,000-3,400 units across 12 properties in Florida (Panama City Beach, Naples, Delray Beach, Sawgrass/Sunrise, Boca Raton, Fort Lauderdale, Mizner Park) and Texas (Sugar Land, Houston Heights), supplemented by minority stakes in a $2 billion AUM luxury apartment portfolio and a $50 million Indiana University student housing portfolio. Revenue mechanics are anchored in recurring rental income from owned assets, supplemented by property management fees, commercial construction project revenue, and ancillary Preferred Partner referrals. Operations run on AppFolio property management software for tenant billing, maintenance, and the tenant portal, with go-to-market executed through direct leasing, corporate website listings, downloadable property brochures, and Google AdWords remarketing.
Horizon Property Group firmographics
Firmographics- Name
- Horizon Property Group
- Legal name
- Horizon Property Group
- Website
- https://horizonpropertygroup.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Horizon Property Group is a privately-held, full-service commercial real estate firm in Greenwood, Indiana that owns, leases, manages, and develops retail, office, and multifamily properties across Indiana, Florida, and Texas under the Horizon, 10x Centre, and 10x Living brands.
- Ownership category
- akta.pro rank
Horizon Property Group industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Real Estate Property Managers (53131), Rental and Leasing Services (532)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
- akta.pro secondary industries
- Multifamily Apartment Property Management (BPAJAFAA), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where Horizon Property Group is headquartered
LocationHeadquarters
- HQ city
- Greenwood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Horizon Property Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Retail and Office Space Leasing: Revenue from leasing commercial retail and office space to tenants. The company owns and manages over 300,000 square feet of commercial space in the Indianapolis area.
- Property Management Services: Full-service property management including tenant billing, accounts receivable/payable, maintenance, landscaping, snow removal, and exterior maintenance for retail properties in central Indiana.
- Commercial Construction: Construction services including build-outs, renovations, and new construction for retail and office tenants. Projects include national retailer build-outs (Paul Mitchell, Fannie May) and shopping center development.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Horizon Property Group product offering
Product offeringCore offering
Horizon Property Group owns, develops, leases, and manages commercial real estate assets, including more than 300,000 square feet of retail shopping centers and Class A office buildings in the Indianapolis/Greenwood market, and operates a portfolio of 3,400+ luxury multifamily apartment units through its 10x Living sub-brand in Florida and Texas. The company provides integrated retail leasing, Class A office leasing, full-service property management (tenant billing, AP/AR, maintenance, landscaping, snow removal), and commercial construction services (build-outs, renovations, new construction) for retail and office tenants.
Product overview
Horizon Property Group is a full-service commercial property company offering a portfolio of integrated real estate services. The core products include Retail Leasing (over 300,000 square feet across centers like Center at Stop 11, Greenwood Corner Shops, County Line Corner Shops, and Eagle Highland Shops), Office Spaces (Class A buildings including the 60,000 sq. ft. Approved Mortgage Building at 107 and the 220,000 sq. ft. 10x Centre in Miami), Property Management (full-service management for retail properties), and Commercial Construction (build-outs and renovations). The company also manages a sub-brand of multifamily apartments under the '10x Living' brand including 10x Living at Breakfast Point (360 units, Panama City Beach), 10x Living at Naples (456 units), Stella at Riverstone (351 units, Sugar Land), 10x Living at Delray (346 units), 10x Living at Sawgrass (501 units), 10x Living at Boca Raton (3,398 units), 10x Living at Fort Lauderdale (310 units), 10x Living at Mizner Park (235 units), Heights Waterworks (309 units, Houston), Las Olas Walk (Fort Lauderdale), and 15th Street Flats (337 units, Houston), plus the Stella sub-brand. Services are managed through AppFolio property management software for tenant billing and maintenance operations.
Differentiator
Problem solved
Functional benefit
Brands
- 10x Living: Luxury multifamily apartment complexes operating across Florida and Texas with properties including 10x Living at Breakfast Point, 10x Living at Naples, Stella at Riverstone, 10x Living at Delray, 10x Living at Sawgrass, 10x Living at Boca Raton, 10x Living at Fort Lauderdale, 10x Living at Mizner Park, Heights Waterworks, 10x Las Olas Walk, and 10x Living 15th Street Flats.
- 10x Centre
Products and services
- Retail Leasing Leasing of premium retail space across multiple company-owned shopping centers including Center at Stop 11, Greenwood Corner Shops, County Line Corner Shops, and Eagle Highland Shops in the Indianapolis metro area, with documented daily traffic counts of 34,480-50,000 vehicles. Targeted at small to mid-size retail businesses seeking space in synergistic shopping environments.
- Office Space Leasing Leasing of Class A office space at the Christy Building at 107 (60,000 sq. ft.) in Greenwood, IN and other office assets in the Horizon portfolio, targeted at companies seeking prestigious headquarters locations with premium amenities.
- 10x Centre Office Building 220,000 sq. ft. Class A office building in Miami's prestigious Aventura submarket, designed by Arquitectonica with hurricane-proof glass exterior, nine-foot floor-to-ceiling windows, and views of Biscayne Bay and the Atlantic Ocean. Targeted at corporate and professional tenants seeking premium Aventura office space.
- Property Management Services Full-service commercial property management for retail properties in central Indiana, including tenant billing, accounts receivable/payable, landscaping, snow management, exterior maintenance, parking lot services, and 24-hour maintenance availability. Offered to both owned properties and third-party commercial property owners.
- Commercial Construction Commercial and residential construction services handling projects from new build-outs to renovations, including national retailer build-outs (Paul Mitchell, Fannie May), shopping center development (Heritage Corner at 16,785 sq. ft., Charter Crossing at 12,000 sq. ft.), and office tenant improvements. Targeted at retail tenants, office tenants, and property owners in Indiana.
Quantifiable outcome
- 34,480-50,000 daily traffic counts at retail locations
- +2 more outcomes
Companies that use Horizon Property Group
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
Horizon Property Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Horizon Property Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- Approved MortgageminorPreferred partner offering $1500 lender credit at closing for tenants and clients of Horizon Property Group.
- Ben Franklin Insurance & InvestmentsminorPreferred partner offering free online quote and free mobile app for insurance services to Horizon Property Group tenants.
- Church on Jefferson Event CenterminorPreferred partner offering 10% off venue rental for events to Horizon Property Group tenants and clients.
- Derrick ChristycoreBusiness consultation services (30 minutes) affiliated with CEO Derrick Christy. Part of the integrated service ecosystem under the Horizon Property Group umbrella of companies.
- Distance Learning SystemsminorPreferred partner offering scholarships and discounted tuition for educational services to Horizon Property Group tenants.
- Gateway EducationminorPreferred partner offering free e-book resources for education services to Horizon Property Group tenants.
- Indy Roof CompanyminorPreferred partner offering free upgrade to impact resistant shingles with full roof replacement, representing approximately $2400 in savings.
- MVP TitleminorPreferred partner offering free online quote and free online closing for title services to Horizon Property Group tenants.
- Whitney Christy RealtyminorPreferred partner offering home warranty purchase up to $300 and listing services at 4.5% commission for sellers. Affiliated with company leadership.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Horizon Property Group competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Largest US multifamily property management and investment firm. Comparable to Horizon's 10x Living sub-brand across Florida and Texas multifamily operations.
- Simon Property Group: Indianapolis-based mega REIT and the largest retail real estate operator in the US. Broad incumbent in the same geography, offering overlapping capabilities including retail property management, leasing, and mixed-use development.
- Cushman & Wakefield: Global commercial real estate services firm providing property management, leasing, and construction advisory. Directly comparable services to Horizon's full-service CRE offerings.
- CBRE Group: Largest global commercial real estate services and investment firm, offering property management, leasing, and construction services. Overlaps with Horizon's full-service CRE platform serving retail and office tenants.
- JLL: Global real estate services firm offering property management, leasing, investment sales, and project management. Comparable service breadth and commercial real estate focus.
Direct peers
- Kite Realty Group Trust: Indianapolis-headquartered shopping center REIT focused on open-air retail centers, directly comparable to Horizon's retail leasing and management activities across Indianapolis-area shopping centers.
- Lincoln Property Company: Full-service real estate firm offering property management, leasing, and investment services across multifamily and commercial. Comparable to Horizon's vertically integrated CRE platform and its 10x Living multifamily portfolio.
- Brixmor Property Group: Public retail REIT focused on open-air shopping centers across the US. Most comparable public peer for Horizon's owned and managed retail shopping center business.
- Regency Centers Corporation: National retail-focused REIT operating grocery-anchored shopping centers. Comparable focus on synergistic tenant mix and community shopping center strategy similar to Horizon's stated differentiator.
- Phillips Edison & Company: Public REIT focused on grocery-anchored neighborhood shopping centers. Similar owner/operator model in suburban community retail centers, directly comparable scale and tenant focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Horizon Property Group social profiles
Digital presenceHorizon Property Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Horizon Property Group leadership team
Management profileNumber of profiles
Profiles6 records
Horizon Property Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
Horizon Property Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Horizon Property 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 Horizon Property Group
What does Horizon Property Group do?
Horizon Property Group owns, develops, leases, and manages commercial real estate assets, including more than 300,000 square feet of retail shopping centers and Class A office buildings in the Indianapolis/Greenwood market, and operates a portfolio of 3,400+ luxury multifamily apartment units through its 10x Living sub-brand in Florida and Texas. The company provides integrated retail leasing, Class A office leasing, full-service property management (tenant billing, AP/AR, maintenance, landscaping, snow removal), and commercial construction services (build-outs, renovations, new construction) for retail and office tenants.
Is Horizon Property Group a public or private company?
Horizon Property Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Horizon Property Group founded?
Horizon Property Group was founded in 2001. It employs 11 to 50 people.
Where is Horizon Property Group based?
Horizon Property Group is headquartered in Greenwood, United States, in the North America region.
How does Horizon Property Group make money?
Three revenue lines are on record. Retail and Office Space Leasing is the primary driver. The others are property Management Services and commercial Construction.
Who are Horizon Property Group's main competitors?
Broad incumbents on record are Greystar Real Estate Partners, Simon Property Group, Cushman & Wakefield, CBRE Group and JLL. Direct peers are Kite Realty Group Trust, Lincoln Property Company, Brixmor Property Group, Regency Centers Corporation and Phillips Edison & Company.
Does Horizon Property Group have an API?
No public API is recorded for Horizon Property Group.
What industry is Horizon Property Group in?
Horizon Property Group's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management, with a secondary code of BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 53131 and its SIC code is 6531.