Wangard Partners, Inc.
Wangard Partners is a Milwaukee-based, privately held commercial real estate firm founded in 1992 that develops, invests in, and manages multifamily, industrial, office, and mixed-use properties across Wisconsin and the broader Midwest for institutional investors, REITs, municipalities, and business owners.
- Company typePrivate
- Founded1992
- HeadquartersMilwaukee, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Wangard Partners, Inc. does
Wangard Partners, Inc. is a Milwaukee-based, privately held commercial real estate firm founded in 1992 that operates a vertically integrated platform spanning site selection and entitlements, development, co-investment, and third-party property management across multifamily, industrial, office, and mixed-use asset classes in Wisconsin and the broader Midwest. The firm generates revenue through development fees (build-to-suit, fee development, JV co-investment returns), recurring third-party property management fees on industrial and multifamily portfolios, and transaction-based economics from a sale-leaseback financing program; its customer base includes institutional investors and REITs (notably STAG Industrial, whose ~5.2M SF Wisconsin portfolio Wangard manages), industrial manufacturers (Brewer Company, Kikkoman Foods, V&V Supremo Foods, Onego Bio), grocery and healthcare anchors (Sendik's, VA Clinic), municipalities, landowners, and accredited capital partners.
The company's core technology stack is built around Yardi Voyager for property management reporting, KPI dashboards, and accounting, with no proprietary operating system; on the marketing and distribution side, Wangard has invested in a public set of "Wangard Agent Skills" and machine-readable markdown resources (llms.txt, SHA-256 hashed skill index) designed to surface in AI assistants and research systems. Operations are anchored at 1200 N Mayfair Rd, Suite 410, Milwaukee, WI, with 11–50 employees, a senior leadership bench led by CEO Matt Moroney and Founder/Executive Chairman Stewart Wangard, and a recent minority-ownership extension to three key leaders (Dave Riedel, Tim Voeller, Eric Gumm) intended to align leadership with continued growth.
Go-to-market is enterprise-led and relationship-driven: Wangard pursues build-to-suit, JV, sale-leaseback, and fee-development mandates through direct executive engagement with municipalities, landowners, institutional investors, and business owners, supplemented by broker partnerships (e.g., Cushman & Wakefield | Boerke for industrial marketing), an investor portal, property-specific resident websites, and HubSpot-driven CRM-driven communications. Recent strategic activity — including the September 2025 STAG Industrial mandate (growing managed SF from ~1.7M to 7M+), the April 2025 acquisition of the former Kohl's Innovation Center, the Jefferson County food & beverage build-to-suit, the Solhaven grand opening, and the leadership ownership expansion — points to a firm actively scaling both its development pipeline and its recurring services book.
Wangard Partners, Inc. firmographics
Firmographics- Name
- Wangard Partners, Inc.
- Legal name
- Wangard Partners, Inc.
- Website
- https://wangard.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wangard Partners is a Milwaukee-based, privately held commercial real estate firm founded in 1992 that develops, invests in, and manages multifamily, industrial, office, and mixed-use properties across Wisconsin and the broader Midwest for institutional investors, REITs, municipalities, and business owners.
- Ownership category
- akta.pro rank
Wangard Partners, Inc. industry classification
Industry- Product category
- Commercial Real Estate Development & Management
- NAICS
- Offices of Real Estate Agents and Brokers (531210), Management of Companies and Enterprises (551)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industry
- Multifamily Brokerage (BPAJABAD)
Keywords
Where Wangard Partners, Inc. is headquartered
LocationHeadquarters
- HQ city
- Milwaukee
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wangard Partners, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Development Fees and Fee Development: Wangard earns development fees and fee development compensation for planning, entitling, financing, and delivering build-to-suit, fee development, and speculative industrial/multifamily projects for third parties and co-investors.
- Third-Party Property Management Fees: Wangard earns property management fees for managing third-party industrial and multifamily portfolios. Fee structures are tailored to scope and complexity, with base management fees separated from optional services such as lease-up support or capital coordination. Major third-party mandate includes STAG Industrial's ~5.2 million SF Wisconsin portfolio.
- Real Estate Investment Returns: Wangard co-invests in real estate alongside capital partners and earns returns through equity appreciation, cash distributions, and long-term asset value creation across multifamily, industrial, and mixed-use properties held in its own portfolio.
- Sale-Leaseback Financing Program: Wangard offers a sale-leaseback financing program for business owners, providing capital solutions while allowing businesses to maintain occupancy. Revenue may come from property acquisition and subsequent lease income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Third-party property management fees are tailored to scope and complexity. |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Wangard Partners, Inc. product offering
Product offeringCore offering
Wangard Partners is a Milwaukee-based commercial real estate firm that develops, invests in, and manages multifamily, industrial, office, and mixed-use properties across Wisconsin and the Midwest. The firm provides end-to-end execution from site selection and entitlements through construction, leasing, and ongoing property management, while also running an investment platform that co-invests alongside capital partners and accepts third-party property management mandates from institutional owners.
Product overview
Wangard Partners operates as a vertically integrated commercial real estate platform offering development, investment, and property management services. The core offerings include Development Services (spanning multifamily, industrial, mixed-use, and office asset classes), an Investment Platform focused on multifamily and industrial assets, and Third-Party Property Management Services using Yardi-powered reporting. Featured projects include Highlands Business Park (industrial), Olympia Fields (mixed-use), and SOLHAVEN at Grand Chute (multifamily). The company also provides educational whitepapers on sustainability case studies, sale-leaseback financing, and build-to-suit strategies. Additionally, Wangard offers public AI resources including Agent Skills workflows and AI-readable markdown summaries for machine-readable company and service information.
Differentiator
Problem solved
Functional benefit
Brands
- Solhaven Apartments: A multifamily apartment community developed by Wangard Partners located in Grand Chute, Wisconsin (Fox Cities region). The community features 208 modern residences with thoughtful design and lifestyle-focused amenities.
- Highlands Business Park
- Olympia Fields
Products and services
- Development Services End-to-end commercial real estate development including site selection, entitlements, design coordination, construction delivery, and long-term asset performance management across multifamily, industrial, mixed-use, and office asset classes. Intended for landowners, municipalities, business owners, and capital partners across Wisconsin and the Midwest.
- Investment Platform Real estate investment services focused on multifamily and industrial assets across Wisconsin and the Midwest, emphasizing disciplined underwriting, long-term value creation, and aligned co-investment with partners. Intended for accredited investors, family offices, and institutional capital partners.
- Property Management Services Third-party property management for industrial and multifamily assets including owner reporting (Yardi-powered), preventive maintenance, vendor oversight, leasing support, capital planning, 24/7 emergency response, and compliance coordination. Intended for institutional real estate owners and REITs such as STAG Industrial.
- Multifamily Development Development of Class-A, Class-B, market-rate, and workforce multifamily communities with resident-focused design, community alignment, and operations-informed execution across Wisconsin and the Midwest. Includes communities such as Solhaven, The Locklyn, and The Landing at HubCity.
- Industrial Development Modern industrial facilities for logistics, distribution, manufacturing, and flex uses including build-to-suit, business parks, infill and brownfield redevelopment, with capabilities spanning site selection through delivery.
- Mixed-Use Development Mixed-use destinations combining residential, retail, services, and placemaking designed for community usefulness and long-term durability.
- Office Development Sustainable Class-A office development focused on energy efficiency, tenant experience, and long-term performance with emphasis on adaptive reuse and LEED certification potential.
- Highlands Business Park Multi-phase business park in Sussex, Wisconsin designed for industrial and commercial users with build-to-suit and land opportunities, featuring I-94/I-41 highway access, concrete roads, and utilities ready for connection.
- Olympia Fields Mixed-Use Development Mixed-use redevelopment in Oconomowoc, Wisconsin transforming the former Olympia Resort property into a district with housing (The Locklyn Apartments), Sendik's Food Market, retail, healthcare (VA clinic), and future mixed-use phases including The Elevate.
- Solhaven Apartments at Grand Chute New multifamily community in Grand Chute, Wisconsin with 208 apartments featuring studio to three-bedroom homes, private entries, quartz countertops, stainless-steel appliances, enclosed dog park, and attached garage parking options.
Quantifiable outcome
- Managed square footage grew from ~1.7 million to over 7 million SF following STAG Industrial portfolio addition
- +2 more outcomes
Companies that use Wangard Partners, Inc.
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Wangard Partners, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature2 records
Wangard Partners, Inc. partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- Cushman & Wakefield | BoerkecoreThe Jefferson County build-to-suit opportunity is being marketed in coordination with Cushman & Wakefield | Boerke industrial specialists Jeff Hoffman and Lindsey Coakley. This is a co-marketing and co-selling relationship where Cushman & Wakefield represents the property in the broker community while Wangard handles development and delivery.
- STAG Industrial, Inc.flagshipSTAG Industrial, Inc. (NYSE: STAG) partnered with Wangard for property management across approximately 6 million square feet of their Wisconsin portfolio. Wangard oversees 37 properties totaling approximately 5.2 million square feet, representing one of Wangard's largest third-party management mandates. STAG is a publicly traded REIT focused on single-tenant industrial properties.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Wangard Partners, Inc. competitors and assessment
Company assessmentOthers
- Walker & Dunlop: Large commercial real estate finance company focused on multifamily lending, investment sales, and institutional capital deployment. Comparable adjacency through CRE capital intermediation with multifamily and institutional investor orientations.
- Marcus & Millichap: Commercial real estate investment sales firm specializing in private client transactions across multifamily, industrial, retail, and specialty assets. Adjacent to Wangard's investment platform via capital markets intermediation.
Broad incumbents
- CBRE: Largest global commercial real estate services and investment firm covering leasing, investment sales, property management, and development services. Comparable in the breadth of services Wangard offers, but operates nationally and globally rather than regionally.
- Cushman & Wakefield: Global CRE services firm active across brokerage, property management, and valuation. Notable as Wangard's actual broker partner on the Jefferson County BTS, indicating functional overlap in industrial leasing and capital markets.
- Colliers International: Global commercial real estate services and investment management company with property management, leasing, and investment sales capabilities. Comparable breadth of services to Wangard, but operating at global rather than regional scale.
- Newmark Group: Commercial real estate advisory and services firm offering leasing, investment sales, property management, and capital markets. Comparable service-line breadth to Wangard with specialization overlapping the Midwest brokerage market.
- JLL: Global commercial real estate services firm offering investment sales, leasing, property management, and capital markets across all asset classes. A broad incumbent whose capabilities overlap Wangard's full-service platform but at much larger scale.
Direct peers
- Irgens: Milwaukee-headquartered commercial real estate developer and manager with multi-sector capabilities across office, industrial, and mixed-use in the Midwest. Comparable in scale, vertical integration, and geography to Wangard's development and investment platform.
- Mandel Group: Milwaukee-based real estate developer and investor focused on urban mixed-use, multifamily, and neighborhood-scale projects. Comparable to Wangard in geography and mixed-use/multifamily development orientation.
- HSA Commercial Real Estate: Midwest-focused commercial real estate firm providing development, investment, property management, and brokerage across retail, office, healthcare, and industrial. Closely mirrors Wangard's vertically integrated CRE platform model and regional footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Wangard Partners, Inc. social profiles
Digital presenceWangard Partners, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wangard Partners, Inc. leadership team
Management profileNumber of profiles
Profiles11 records
Wangard Partners, Inc. subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wangard Partners, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wangard Partners, Inc. 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 Wangard Partners, Inc.
What does Wangard Partners, Inc. do?
Wangard Partners is a Milwaukee-based commercial real estate firm that develops, invests in, and manages multifamily, industrial, office, and mixed-use properties across Wisconsin and the Midwest. The firm provides end-to-end execution from site selection and entitlements through construction, leasing, and ongoing property management, while also running an investment platform that co-invests alongside capital partners and accepts third-party property management mandates from institutional owners.
Is Wangard Partners, Inc. a public or private company?
Wangard Partners, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wangard Partners, Inc. founded?
Wangard Partners, Inc. was founded in 1992. It employs 11 to 50 people.
Where is Wangard Partners, Inc. based?
Wangard Partners, Inc. is headquartered in Milwaukee, United States, in the North America region.
How does Wangard Partners, Inc. make money?
Four revenue lines are on record. Development Fees and Fee Development is the primary driver. The others are third-Party Property Management Fees, real Estate Investment Returns and sale-Leaseback Financing Program.
Who are Wangard Partners, Inc.'s main competitors?
Others on record are Walker & Dunlop and Marcus & Millichap. Broad incumbents are CBRE, Cushman & Wakefield, Colliers International, Newmark Group and JLL. Direct peers are Irgens, Mandel Group and HSA Commercial Real Estate.
Does Wangard Partners, Inc. have an API?
No public API is recorded for Wangard Partners, Inc..
What industry is Wangard Partners, Inc. in?
Wangard Partners, Inc.'s product category is Commercial Real Estate Development & Management. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAD, Multifamily Brokerage. Its NAICS code is 531210 and its SIC code is 6532.