Verity Commercial

What Verity Commercial does

Verity Commercial is a privately held, multidisciplinary commercial real estate firm headquartered in Reston, Virginia, founded in 2010 and operating as Verity Commercial LLC. The firm delivers services across three integrated lines: development and construction management, brokerage advisory (tenant/buyer and landlord/owner representation), and real estate investment. Verity's practice is concentrated in complex, technically demanding project types — data centers and mission critical facilities, life sciences and biotechnology (including cGMP manufacturing), healthcare construction, senior living, and mixed-use developments. Named enterprise engagements include a 336 MW, 2.6 million square foot hyperscale data center campus for NTT Global Data Centers in Prince William County, VA, and structured disposition work for Intercell/Novavax in life sciences. The firm also operates a Midwest hub in Chicago and an active project footprint spanning approximately nine U.S. states plus Quebec, Canada.

The firm monetizes through professional services fees on construction management engagements, transaction commissions on brokerage mandates, and returns on principal real estate investments made alongside clients (for example, the IntegraCare senior living joint venture). Go-to-market is sales-led and relationship-driven, with senior advisors averaging 25+ years of experience; supporting channels include a content library, SEO, conference participation (CAPRE, 7x24 Exchange, NVTC), and earned media via Inc. 5000, NVTC Data Center Vendor Champion, Great Place to Work, and NAIOP awards. Pricing is custom and per-engagement, with no publicly disclosed standard tiers.

Leadership includes CEO Leo Hoerdemann (previously Summit Design + Build, Power Construction), President/COO Ryan Saulsbury (former US Army Captain; prior $230M annual revenue oversight), and Managing Broker David Colvin (formerly First Potomac Realty Trust). The firm is independently operated, with no disclosed external institutional capital, parent company, or M&A activity. The 11–50 employee firmographic figure likely reflects core staff, with embedded project managers augmenting delivery on multi-year construction programs.

Name

Verity Commercial

Legal name

Verity Commercial LLC

Website

https://veritycommercial.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Verity Commercial is a privately held multidisciplinary commercial real estate firm providing integrated development/construction management, brokerage, and investment advisory services, specializing in data centers, life sciences, and healthcare facilities for enterprise and mid-market clients.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate services
• Construction project management
• Real estate brokerage
• Data center development
• Commercial property investment

Headquarters

HQ city

Reston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development and Construction Management Fees: Project management and construction management fees for technical projects including data centers, life sciences, healthcare, and mixed-use developments. Revenue is earned through professional services engagements over the duration of construction projects.
2. Brokerage Transaction Fees: Commission-based brokerage services for tenant/buyer representation and landlord/owner representation in commercial real estate transactions across office, industrial, retail, and data center markets.
3. Real Estate Investment: Verity invests its own capital in commercial real estate alongside clients, generating returns through property appreciation, lease revenue, and investment exits.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Verity Commercial is a multidisciplinary commercial real estate firm that delivers integrated development and construction management, brokerage advisory, and real estate investment services. It provides tenant/buyer and landlord/owner representation, owner's representation and preconstruction/construction management for complex technical projects, with deep specialization in data center/mission critical, life sciences, healthcare, and mixed-use developments. The firm also invests its own capital in commercial real estate alongside clients.

Product overview

Verity Commercial is a multidisciplinary commercial real estate firm operating through four integrated service lines: Development and Construction Services, Brokerage Services, Data Center Services, and Investment Services. The company specializes in technical construction project management with core industries in data center/mission critical, life science, and mixed-use projects. The firm offers both advisory brokerage services (tenant/buyer and landlord/owner representation) and development/construction management, all unified under a single integrated approach. Data Center Brokerage Services function as a specialized module within the broader Brokerage Services division.

Differentiator

Problem solved

Functional benefit

Products and services

• Development and Construction Services

Quantifiable outcome

• Delivered 2.6M SF, 336 MW hyperscale data center campus for NTT Global Data Centers — highest land transaction per acre in Prince William County history
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• IntegraCarecoreStrategic or Co-development PartnerVerity partnered with IntegraCare as the operating partner for The Residence at Colvin Run senior living community in Great Falls, VA. Verity acquired 2.8 acres of land and developed the 53,104 SF, 62-unit assisted living and memory care facility, with IntegraCare operating and stabilizing the community before exit.
• VarcoMaccoreOthersVarcoMac is a full-service electrical services provider and repeat client of Verity Commercial's brokerage team. Oyku Hanna of Verity has leased over 130,000 SF on behalf of VarcoMac across multiple transactions in the Northern Virginia industrial market, representing a long-term strategic relationship.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JLL (Jones Lang LaSalle): Global commercial real estate services firm offering brokerage, project management, investment advisory, and data center services. Directly comparable to Verity's integrated model but at vastly larger global scale, serving similar enterprise and institutional clients across CRE asset classes.
• Cushman & Wakefield: Global CRE services firm with brokerage, valuation, project management, and data center advisory practices. Overlaps with Verity in tenant/owner representation and technical project advisory, particularly in data center site selection globally.
• CBRE Group: World's largest commercial real estate services firm offering integrated brokerage, project management, and investment advisory. Directly comparable service mix to Verity but with significantly deeper resources and global coverage for data center and life sciences mandates.
• Colliers International: Global CRE services firm providing brokerage, project management, and investment advisory. Comparable integrated model with strong data center and life sciences practices, though larger and broader in geographic reach than Verity.
• Newmark Group: Commercial real estate advisor with brokerage, valuation, and project management services. Comparable in CRE advisory positioning; particularly active in data center and industrial leasing markets where Verity also operates.
• Turner Construction: One of the largest general contractors in the U.S. with significant data center and life sciences practices. Many Verity leaders (Dave Miller, Leo Hoerdemann) trained at Turner and Skanska, making it both a feeder and a competitor for mission critical CM mandates.
• Skanska: Global construction and development firm with strong U.S. data center and healthcare practices. Senior Verity personnel (Dave Miller, 13 years at Skanska) trained there, and the firm competes for the same hyperscale CM and brokerage mandates.

Direct peers

• Avison Young: Mid-sized integrated commercial real estate services firm offering brokerage, project management, and investment advisory. Closest in size and integrated model philosophy to Verity, serving similar mid-market and enterprise clients across North America.

Emerging players

• DPR Construction: National technical builder with one of the largest data center construction practices in the U.S. Competes with Verity for hyperscale data center CM mandates and shares the mission-critical focus, though DPR operates as a general contractor rather than owner's representative/broker.
• Holder Construction: Privately held construction firm with deep data center and mission critical expertise. Comparable to Verity in its data center CM specialization and private-company status, though larger and focused on general contracting rather than advisory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/verity-commercial
• Xx.com/VerityCRE

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Verity Commercial