Birtcher Anderson & Davis Associates

What Birtcher Anderson & Davis Associates does

Birtcher Anderson & Davis Associates (BA&D) is a privately held, vertically integrated commercial real estate investment, development, and property management firm headquartered in San Juan Capistrano, California. Formed in May 2020 through the merger of Birtcher Anderson Realty and Davis Partners, the firm traces its origins to the Birtcher organization founded in 1939 and brings together 85+ years of Western U.S. commercial real estate operating history. BA&D specializes in acquiring value-add, middle-market, multi-tenant warehouse and light industrial properties in supply-constrained infill markets, executing repositioning strategies (rent mark-to-market, capital improvements, lease-up) through in-house property management, leasing, asset management, construction management, and accounting teams, then disposing of stabilized assets to institutional buyers. As of the input period, the firm has managed over 22 million square feet of commercial property and the broader Birtcher organization has developed over 100 million square feet nationally, with roughly $4 billion of cumulative transaction volume attributed to the principals.

The firm's business model is built on a programmatic joint venture platform with institutional capital partners, principally Belay Investment Group, alongside Nicola Wealth Real Estate, Trinity Investors, Nuveen, and ABR Capital Partners. BA&D serves two principal customer sets: (1) institutional investors seeking an experienced operating partner to deploy capital into middle-market industrial, and (2) small and mid-sized tenants occupying warehouse, distribution, flex, and light manufacturing space in California, Texas, and Florida. Revenue is generated through property management fees, leasing commissions, construction management fees, accounting and investor reporting fees, plus promote/participation in disposition gains. Since 2021 the firm has executed continuous acquisition activity in Dallas-Fort Worth, Tampa, San Diego, Houston, Orlando, Lakeland, and Jurupa Valley, while delivering documented value-add outcomes such as 43% rent growth at Whitlock I and 65% rent growth at Lindbergh.

Operationally, BA&D operates without a proprietary technology platform and does not sell software, API, or AI products. Its distribution relies on a small in-house team, the firm's long-standing brand, and channel partnerships with national commercial brokerages (Colliers, JLL, CBRE, Newmark) for both deal sourcing and institutional dispositions. The firm is led by Co-Chairmen Arthur B. Birtcher and Robert M. Anderson, with Robert Thiergartner as Principal & CIO, Becky Rodarte as COO, Daniel Karcher as President of Management Services, and a tenured regional director team across California, Florida, and Texas.

Name

Birtcher Anderson & Davis Associates

Legal name

Birtcher Anderson & Davis Associates, Inc.

Website

https://birtcherandersondavis.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

Birtcher Anderson & Davis Associates is a privately held, vertically integrated commercial real estate firm that acquires and repositions middle-market, multi-tenant light industrial and warehouse properties in high-growth U.S. markets through joint ventures with institutional capital partners, while delivering in-house property management, leasing, and asset management services.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment and Management

NAICS

Real Estate and Rental and Leasing (53), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Real Estate (6500)

akta.pro primary industry

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

akta.pro secondary industries

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

Keywords

• Commercial real estate investment
• Property management services
• Industrial real estate leasing
• Value-add acquisitions
• Asset management services

Headquarters

HQ city

San Juan Capistrano

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Investment and Development Services: BA&D acquires value-add commercial real estate properties, executes property improvements and leasing strategies, and dispositions properties at higher valuations. Revenue is generated through property appreciation and rental income during the investment period.
2. Property Management: Full-service property management including tenant management, maintenance, operations, vendor management, lease audits, facilities management, energy conservation, insurance tracking, and CAM reconciliation.
3. Leasing Services: Leasing services including market analysis, marketing implementation, broker awareness programs, tenant negotiations, and tenant relationship management to maximize retention.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

BA&D acquires, develops, and manages value-add, middle-market, multi-tenant warehouse and light industrial properties through joint venture partnerships with institutional investors. The firm provides integrated Investment and Development, Property Management, Leasing, Asset Management, Construction Management, and Accounting Services across industrial, office, medical office, retail, and mobile home park assets in high-growth U.S. markets.

Product overview

Birtcher Anderson & Davis Associates is a fully integrated commercial real estate investment and management company offering three core services: Investment and Development (acquiring value-add, middle-market multi-tenant properties), Property Management (comprehensive concierge-level property services), and Leasing (expert analysis and marketing). The company specializes in industrial properties (warehouses, business parks, light industrial), office (including medical office), mobile home parks, and retail across high growth U.S. markets. Additional offerings include asset management, construction management, and accounting services as integrated components of their property management platform. The company was formed in January 2021 through the combination of Davis Partners and Birtcher Anderson Realty, drawing on over 80 years of combined experience since 1939.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment and Development Acquires value-add, middle-market, multi-tenant warehouse and light industrial properties in high growth U.S. markets; executes value-add strategies through property improvements and leasing to be disposed at higher valuations.
• Property Management Concierge-level, full-service property management including tenant management, maintenance, building operations, vendor management, lease audits, facilities management, energy conservation, insurance tracking, CAM reconciliation, and 24/7 emergency response.
• Leasing Commercial leasing services including market analysis, marketing implementation, broker awareness programs, tenant negotiations, and tenant relationship management to maximize retention.
• Asset Management Project management, reporting, capital projects, tenant improvements, construction inspection, city and code compliance, and business plan development for owned and third-party assets.

Quantifiable outcome

• 43% increase in rental rates at Whitlock I property (from $6.93 to $9.91 per SF)
• +6 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• CollierscoreChannel Partner/ Reseller/ DistributorNational Partners Southeast team led by Ryan Vaught handles leasing and sale marketing for Tampa industrial properties. Also handles SoCal transactions with team including Louay Alsadek, Eric Parra, and Maddie Mawby.
• JLLcoreChannel Partner/ Reseller/ DistributorJLL team led by Stephen Bailey handles industrial property marketing and sale transactions, including DFW Cold Storage and Westway Business Park acquisitions.
• CBREcoreChannel Partner/ Reseller/ DistributorCBRE National Partners team including Darla Longa and Barbara Perrier handles sale marketing for SoCal industrial properties including Pomona transaction.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Rexford Industrial Realty: Rexford Industrial is a publicly-traded REIT focused exclusively on infill Southern California industrial properties — the same geography, asset class, and small/mid-bay tenant orientation as BA&D. It is the most direct institutional analog to BA&D's investment strategy.
• Sealy & Company: Sealy & Company is a Texas-based vertically integrated owner/operator of middle-market industrial real estate, very similar to BA&D's value-add acquisition + in-house property management approach with multi-tenant industrial focus.
• Panattoni Development: Panattoni is a large privately-held industrial developer/owner with significant operations in California, Texas, and Florida — overlapping geographic markets and asset class with BA&D's investment and development platform.
• Crow Holdings Industrial: Crow Holdings Industrial is a private equity-backed sponsor of value-add industrial real estate, directly comparable to BA&D's middle-market industrial JV investment model with institutional capital partners.
• Bridge Industrial: Bridge Industrial is a private industrial owner/operator/developer active in SoCal, DFW, and other infill markets, with a comparable institutional JV capital model and a similar value-add acquisition focus.

Broad incumbents

• First Industrial Realty Trust: First Industrial is a publicly-traded REIT focused on light industrial and bulk distribution properties nationwide, providing a comparable public-market comparable for BA&D's industrial investment strategy.
• Terreno Realty: Terreno Realty is a publicly-traded industrial REIT with a similar infill industrial focus; while larger and institutional in scale, it reflects the same small-bay urban infill strategy that BA&D pursues, with strong West Coast exposure.
• EastGroup Properties: EastGroup is a publicly-traded industrial REIT focused on small-bay infill industrial distribution properties — virtually identical tenant profile and asset class orientation to BA&D's Small Business America focus.

Others

• Belay Investment Group: Belay is BA&D's most active JV capital partner and provides equity capital for BA&D's value-add industrial acquisitions; while not a competitor, its deal flow is directly correlated with BA&D's investment activity and pipeline.

Emerging players

• Clarion Partners: Clarion Partners is a Franklin Templeton-affiliated value-add real estate investment manager with industrial exposure through various funds, providing a partial comparable to BA&D's institutional JV operating-partner role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/birtcher-anderson-davis

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Birtcher Anderson & Davis Associates