Cressy Commercial Real Estate

What Cressy Commercial Real Estate does

Cressy Commercial Real Estate is a full-service commercial real estate firm established in 1948 and headquartered in Mishawaka, Indiana, with a regional office in Indianapolis. The company operates through three integrated divisions: NAI Cressy Brokerage (sales, leasing, site selection, acquisition, business brokerage, investment sales, and sale-leaseback advisory), Management Services (property management, facility management, asset management, banking property services, and association/multi-housing management covering 9 million+ square feet), and Construction & Maintenance (design-build construction, HVAC, plumbing via the in-house LaPlace Plumbing division, land development, and banking ATM/ITM conversions). There is no proprietary technology platform; customer-facing tooling consists of an online property search portal (astro-search), a CRM login, and a proprietary market database used to produce consulting reports.

Revenue is generated through a mix of commission-based brokerage transactions, recurring property and facility management fees on 9 million+ square feet of managed inventory (with $24 million in annual client receipts and disbursements processed), and project-based fees from construction, HVAC, plumbing, and ATM/ITM conversion work. The firm goes to market through broker-led enterprise field sales supported by an online property search portal and referrals from its NAI Global affiliation, which provides access to 5,800+ professionals across 325 offices in 65 countries. Customer segmentation is vertical-driven across property owners and investors, corporate occupiers, healthcare providers, financial institutions, government entities, industrial and manufacturing occupiers, and retail/hospitality. The company is a wholly owned subsidiary of the Mno-Bmadsen Family of Companies (a Pokagon Band of Potawatomi instrumentality) and operates as an MBE certified by the National Native American Supplier Council.

Distribution and pricing are quote-based and tailored to individual client engagements, with services delivered across Northern and Central Indiana and Southwestern Michigan. Cumulative development activity exceeds $1 billion across 375+ local businesses served over the company's 77-year operating history.

Name

Cressy Commercial Real Estate

Legal name

Cressy Commercial Real Estate

Website

https://cressy.com/

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

Cressy Commercial Real Estate is a full-service CRE firm founded in 1948 in Mishawaka, Indiana, providing brokerage, property and facility management, construction, and maintenance services to property owners, corporations, healthcare providers, financial institutions, and government entities across Indiana and Southwestern Michigan.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (531210)

SIC

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

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industry

Special Purpose & Alternative Asset Brokerage (BPAJABAH)

Keywords

• Commercial real estate brokerage
• Property management services
• Real estate development
• Commercial construction services
• Facility management services

Headquarters

HQ city

Mishawaka

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, Supply Chain

Revenue model

1. Brokerage Services: Commercial real estate brokerage including sales, leasing, site selection and acquisition for office, industrial, medical, investment and retail properties. Revenue generated through commissions on transactions.
2. Property and Facility Management: Property management services for Class A office space, financial institutions, medical facilities, industrial, manufacturing, warehousing, and retail centers. Revenue generated through management fees.
3. Construction and Maintenance Services: Cressy Construction & Maintenance division provides design, construction, HVAC, plumbing, and maintenance services. LaPlace Plumbing division offers licensed plumbing services in Indiana and Michigan with 24/7 emergency service.
4. Asset Management: Comprehensive asset management services including financial analysis, lease management, capital planning, and receiverships for commercial real estate properties.
5. Investment Services: Investment sales and valuations for property owners looking to purchase or sell investment properties, leveraging NAI Global network.
6. Consulting Services: Market consulting including site analysis and detailed market reports utilizing proprietary database for market data and statistics.
7. Business Brokerage: Business brokerage team specializing in positioning businesses for sale and achieving highest value for investment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cressy Commercial Real Estate is a full-service commercial real estate firm providing brokerage, development, construction, and property management services to commercial property owners, investors, and tenants. Operating across Northern and Central Indiana and Southwestern Michigan since 1948, the company delivers transaction representation, asset management, facility maintenance, and design-build construction for office, retail, medical, banking, and industrial properties.

Product overview

Cressy Commercial Real Estate is a full-service commercial real estate company offering an integrated platform of brokerage, development, construction, and property management services. The core offerings include NAI Cressy Brokerage (sales, leasing, site selection, acquisition for office, industrial, medical, investment, and retail properties), complemented by specialized services such as Business Brokerage, Investment Services, Medical Office Brokerage, and Consulting Services. The Management Services division provides Property Management, Facility Management, Asset Management, and Banking Property Services. The Construction & Maintenance division delivers Design & Construction, HVAC Services, Plumbing Services (LaPlace Plumbing), Land Development, and ATM/ITM Conversions. The company operates through offices in Mishawaka and Indianapolis, Indiana, and serves Michigan.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Brokerage (NAI Cressy)
• Astro-Search Property Search
• Buyer/Tenant Representation
• Seller/Landlord Representation
• Business Brokerage
• Medical Office Brokerage
• Investment Services
• Sale Leasebacks
• Transaction Services
• Transportation & Logistics Real Estate
• Consulting Services
• Asset Management
• Property Management
• Facility Management
• Banking Property Services
• Banking ATM & ITM Conversions
• Design & Construction
• Construction & Maintenance
• HVAC Services
• LaPlace Plumbing Services
• Land Development
• City Center Lofts

Quantifiable outcome

• Over $1 billion in construction and development completed
• +4 more outcomes

Named customers21 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• NAI GlobalcoreStrategic or Co-development PartnerNAI Cressy is the Brokerage Division of Cressy Commercial Real Estate. Through affiliation with NAI Global, the company offers comprehensive services to property owners, tenants, and developers. The partnership provides access to over 5,800 professionals, 325 offices, and 65 countries, enabling Cressy to assemble the industry's most qualified team for unique investment needs and move at the speed of business nationally and internationally.
• Mno-Bmadsen Family of CompaniescoreOthersCressy Commercial Real Estate is part of the Mno-Bmadsen Family of Companies, a Wholly Owned Instrumentality of the Pokagon Band of Potawatomi. This relationship provides strategic alignment with tribal economic development initiatives.
• Society of Industrial and Office Realtors (SIOR)minorOthersProfessional designation providing access to a global network of more than 3,000 industry leaders with coverage in 685 cities and 36 countries. Members report billions of dollars in sales and leases each year through ongoing education and emerging trend focus.
• Certified Commercial Investment Member (CCIM)minorOthersProfessional designation earned through completed advanced coursework in financial and market analysis. Members are recognized as leading experts in commercial investment real estate, helping clients minimize risk, enhance credibility, and make informed decisions.
• Institute of Real Estate Management (IREM)minorOthersCPM designation from IREM earned through education, experience, ethics and examination. CPM Members currently manage 8.4 billion net square feet of commercial space, exceeding $1.5 trillion in real estate assets.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bradley Company: Full-service commercial real estate firm headquartered in Indiana, providing brokerage, property management, and related services across the Midwest; one of Cressy's closest regional competitors in Northern Indiana with a similarly integrated service model.
• SVN International: Commercial real estate franchise network providing brokerage, property management, and advisory services through affiliated offices; structurally similar to Cressy as a mid-market, relationship-driven CRE platform leveraging a broader affiliation for deal flow.
• Marcus & Millichap: National commercial real estate investment sales firm specializing in brokerage of investment properties across office, industrial, retail, and multifamily; comparable on the investment sales side of Cressy's NAI Cressy brokerage practice.

Others

• NAI Global: Global CRE services network of which Cressy (as NAI Cressy) is an affiliate; provides the platform, branding, and cross-border deal flow that Cressy leverages and is directly comparable as the parent of Cressy's brokerage division.

Broad incumbents

• Colliers International: Global commercial real estate services firm offering brokerage, property management, and project management across investment, office, industrial, and retail asset classes; competes for the same institutional clients and NAI-style cross-border mandates Cressy pursues.
• CBRE Group: World's largest commercial real estate services firm offering investment sales, leasing, valuation, and property management globally; a key competitor for institutional investment sales and large tenant-representation mandates that flow through the NAI Global network.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm competing across capital markets, brokerage, and property management; comparable to Cressy on institutional investment sales and full-service landlord/tenant representation.
• Cushman & Wakefield: Global commercial real estate services firm providing brokerage, property management, valuation, and consulting across all major asset classes; directly comparable as a broad incumbent competing for the same institutional owner/investor mandates Cressy targets.
• Newmark Group: Full-service CRE services firm offering capital markets, leasing, and property management with a national footprint; competes with Cressy for institutional investment sales and large tenant representation assignments in the Midwest.
• Avison Young: Global commercial real estate services firm offering brokerage, property management, and advisory; similar in mid-sized full-service positioning relative to the larger CBRE/JLL incumbents, with overlapping institutional client relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CressyCRE
• Facebookfacebook.com/CressyCRE

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cressy Commercial Real Estate