Echelon

What Echelon does

Echelon LLC is a privately held, vertically integrated real estate company headquartered in St. Petersburg, Florida. Founded in 1995, the firm develops, owns, manages, leases, and sells commercial and multi-family real estate, with a portfolio spanning over 30 multi-family residential properties (5,000+ units) and more than 2 million square feet of commercial space across the southeastern and southwestern United States (Florida, Tennessee, Texas, Oklahoma, and Georgia). The company is organized around a unified platform combining commercial real estate development (Class A office parks and buildings such as Carillon Office Park and One Progress Plaza), a multi-family residential division (with signature projects including Park & Main, Clearview, and WaterView at Echelon City Center), and the Echelon City Center mixed-use master development.

The company offers a full-service stack including development services (concept definition, site selection, feasibility analysis, predevelopment, financial modeling, construction management, marketing and leasing), asset management (acquisition/disposition diligence, portfolio analysis, capital structuring), property management (on-site staffing, leasing, maintenance, collections, accounting), and brokerage through its wholly-owned affiliate Echelon Real Estate Services (ERES). Go-to-market is direct: properties are marketed through echelonre.com with a dedicated leasing/sales team, and ERES handles third-party brokerage for sales, leasing, owner representation, lease administration, and space planning. Revenue streams include rental income from owned properties, development fees, asset and property management fees, brokerage commissions, and gains from property sales, with pricing negotiated per project rather than via standardized tiers.

The company is family-led, with Darryl A. LeClair serving as CEO, President, and Chairman, and Cody LeClair as Senior Vice President of Development and Construction. The leadership team is rounded out by an EVP/General Counsel, a VP of Finance, a VP of Construction, an EVP of ERES, and operational heads across project management, property management, and maintenance. There is no evidence of external institutional investors, parent company ownership, or public listing, indicating a privately capitalized, founder-controlled regional operator.

Name

Echelon

Legal name

Echelon LLC

Website

https://echelonre.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Echelon LLC is a privately held St. Petersburg, Florida-based real estate company that develops, owns, manages, leases, and sells commercial and multi-family properties across the southeastern and southwestern United States through an integrated platform spanning development, asset/property management, and affiliated brokerage.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Rental and Leasing Services (532), Real Estate Property Managers (53131)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

akta.pro secondary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Commercial real estate development
• Property management services
• Multi-family residential development
• Asset management solutions
• Real estate brokerage services

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Rental Income: Revenue from renting and managing owned commercial and multi-family residential properties
2. Development Fees: Fees from development services including site selection, feasibility analysis, predevelopment, financial modeling, and construction management
3. Asset Management Fees: Fees from asset management services including acquisitions/dispositions, portfolio analysis, financial modeling, reporting, and capital structuring
4. Property Management Fees: Fees from property management including on-site personnel, leasing, maintenance, records, collection, and accounting
5. Brokerage Services: Commission-based brokerage services including sales, buying and leasing through Echelon Real Estate Services (ERES)
6. Property Sales: Revenue from selling developed commercial and multi-family properties

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Echelon LLC develops, owns, manages, rents and sells commercial and multi-family real estate across the southeast and southwest United States. Its offerings span site selection, feasibility analysis, predevelopment and construction management for new projects, ongoing asset and property management for owned and client properties, and full-service brokerage through its affiliate Echelon Real Estate Services (ERES). The portfolio includes over 2 million square feet of Class A commercial space (office parks, office buildings, industrial, warehouse, retail) and more than 30 multi-family residential properties representing over 5,000 units.

Product overview

Echelon LLC is a commercial and multi-family real estate development, ownership, and management company based in St. Petersburg, FL. The company operates as a unified real estate platform with three core divisions: commercial real estate development (managing over 2 million square feet of Class A office space and commercial properties), residential multi-family development (over 30 properties representing 5,000+ units across the southeast and southwest US), and Echelon Office Parks (smart office park development). The company offers integrated services through affiliated companies including development services, asset management, property management, and Echelon Real Estate Services (full-service brokerage). Key branded properties include Echelon City Center (mixed-use development), Carillon Office Park, One Progress Plaza, and residential communities such as Park & Main at Echelon City Center, Clearview at Echelon City Center, and WaterView at Echelon City Center.

Differentiator

Problem solved

Functional benefit

Brands

• Echelon Real Estate Services (ERES): Full service brokerage services including sales, buying and leasing, construction management services, owner representation, lease administration, and space planning.

Products and services

• Echelon Commercial Real Estate Development Commercial real estate development services including concept definition, site selection, feasibility analysis, predevelopment, regulatory and permitting, financial modeling and financing, construction management, marketing, leasing, sales, and ongoing asset management. Encompasses Class A office space, office parks, industrial parks, retail, waterfront, and warehouse properties, with over 2 million square feet of development experience. Targets commercial real estate investors, property owners, and tenants.
• Echelon Residential (Multi-family Development and Management) Development, construction, ownership, and management of Class A multi-family rental communities across the southeast and southwest United States. Services span site selection, feasibility analysis, acquisition, design, construction, and ongoing professional property management, covering over 30 multi-family residential properties representing more than 5,000 units. Targets residential renters and multi-family real estate investors.
• Echelon Office Parks Smart office park development featuring Carillon Office Park and Echelon Business & Technology Park, designed with modern infrastructure, amenities, and environmental considerations to enhance tenant productivity and employee wellbeing. Targets commercial tenants seeking Class A office environments.
• Development Services Comprehensive real estate development services including concept definition, needs assessment, site selection, feasibility analysis (use and economics), predevelopment and regulatory/permitting support, financial modeling and financing, construction management, and marketing, leasing, and sales support. Serves commercial and multi-family real estate clients.
• Asset Management Property and performance diligence for acquisitions and dispositions, portfolio analysis, financial modeling and reporting, and capital structuring services. Supports real estate investors and property owners in maximizing long-term value of their assets.
• Property Management Full-service property management including on-site personnel (managers and appropriate staff), leasing, contract administration, tenant service, maintenance and repair, records management, collections, and accounting. Serves owners and tenants of commercial and residential real estate.
• Echelon Real Estate Services (ERES) Brokerage Full-service brokerage through affiliated entity Echelon Real Estate Services (ERES), covering sales, buying and leasing, construction management services, owner representation, lease administration, and space planning. Serves commercial and residential real estate clients across the southeast and southwest United States.
• Echelon City Center (Mixed-use Development) Mixed-use development combining residential and commercial properties in St. Petersburg, FL, encompassing the Park & Main, Clearview, and WaterView multi-family residential communities at the Echelon City Center site. Targets residential renters and commercial tenants.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Echelon Real Estate Services (ERES)coreStrategic or Co-development PartnerERES is an affiliated company providing full-service brokerage services, construction management, owner representation, lease administration, and space planning. Operates through affiliates and subsidiaries to provide one-stop asset, property, and facilities management.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Camden Property Trust: A publicly traded multifamily REIT with a heavy concentration of Class A garden-style apartments across the Sun Belt, directly overlapping Echelon's multifamily development, ownership, and management model in FL, TX, GA, and TN.
• Mid-America Apartment Communities (MAA): Sun Belt-focused multifamily REIT owning and operating 100,000+ units across the Southeast and Southwest, closely comparable to Echelon's 5,000+ unit multifamily portfolio in geography, product type, and renter demographic.
• Highwoods Properties: Office REIT focused on Class A office properties in high-growth Sun Belt markets including Tampa/St. Petersburg, mirroring Echelon's Class A office park strategy and FL geographic footprint.
• AvalonBay Communities: Large multifamily REIT developing, owning, and managing Class A apartment communities in high-barrier coastal and Sun Belt markets, comparable to Echelon's development-to-management vertical integration model.

Broad incumbents

• JLL (Jones Lang LaSalle): Global commercial real estate services firm offering brokerage, property management, asset management, and project management — directly comparable to the integrated services Echelon provides through its core platform and ERES affiliate.
• CBRE Group: The world's largest commercial real estate services company, offering investment sales, leasing, property and asset management across all property types — a scaled incumbent offering the same bundle of services Echelon delivers regionally.
• Cushman & Wakefield: Global real estate services firm with brokerage, property management, valuation, and asset management capabilities, comparable to Echelon's affiliated brokerage (ERES) and property management service lines.
• Marcus & Millichap: Specialized commercial real estate investment brokerage with strong multifamily and Sun Belt presence, comparable to Echelon's brokerage and investment sales activities through ERES.

Emerging players

• Brixmor Property Group: Open-air shopping center owner/operator focused on necessity-based retail, partially overlapping with Echelon's retail and mixed-use components but oriented to grocery-anchored centers rather than Class A office or multifamily.

Others

• Eastdil Secured: Real estate investment bank advising on capital markets transactions for large institutional owners; relevant as a capital markets counterparty and comparable in providing financial advisory and capital structuring services that Echelon's asset management team also performs.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/echelonre
• LinkedInlinkedin.com/company/echelon-development-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries1 record

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 Echelon