Fletcher Bright Company

What Fletcher Bright Company does

Fletcher Bright Company is a privately held, family-owned full-service commercial real estate development and management firm headquartered in Chattanooga, Tennessee, founded in 1927 by Gardner Bright and James A. Glascock. The company owns and/or manages 103 shopping centers spanning approximately 7,000,000 square feet across 13 states primarily in the Southeast and Midwest, with anchor tenant relationships including Walmart, Target, Dollar Tree, Best Buy, Kroger, Family Dollar, Marshalls, Michaels, PetSmart, and Office Depot. It operates five integrated service lines — property management, commercial leasing, retail shopping center development, commercial mortgage banking, and commercial insurance/risk management — through its core entity and wholly-owned subsidiaries Fletcher Bright Commercial and Fletcher Bright Realty (Fletcher Bright Homes).

Name

Fletcher Bright Company

Legal name

Fletcher Bright Company

Website

https://fletcherbright.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Real Estate Agents & Managers (For Others) (6531), Mortgage Bankers & Loan Correspondents (6162), Investors, Nec (6799)

akta.pro primary industry

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Commercial real estate
• Property management
• Shopping center development
• Commercial leasing
• Commercial mortgage banking

Headquarters

HQ city

Chattanooga

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

Revenue model

1. Property Management Services: Property management fees from owning and managing 103 shopping centers totaling approximately 7,000,000 square feet across 13 states in the Southeast
2. Commercial Leasing: Leasing commissions from negotiating retail space leases for properties ranging from single tenant structures to 600,000 square foot power centers. The company has leased millions of square feet of retail space since 1969.
3. Commercial Mortgage Banking: Arranging construction and/or permanent financing for income-producing properties including shopping centers, office buildings, industrial properties, apartments, and owner-occupied buildings since 1972. The company is a member of the Mortgage Bankers Association.
4. Commercial Insurance/Risk Management: Risk management and insurance broker services for outside commercial and retail property owners, with a current risk management portfolio totaling approximately 11,200,000 square feet. A licensed insurance broker with 39 years of experience develops insurance programs for shopping centers and commercial buildings.
5. Retail Shopping Center Development: Development fees from developing new retail shopping centers, having developed in excess of 100 new retail shopping centers over the last 35 years with projects ranging from single tenant to power centers exceeding 600,000 square feet.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Fletcher Bright Company is a full-service commercial real estate firm that develops, owns, manages, and leases retail shopping centers across 13 states in the Southeast and Midwest. It also arranges commercial mortgage financing through outside lenders and provides risk management and insurance brokerage services to outside commercial and retail property owners.

Product overview

Fletcher Bright Company is a full-service real estate development company established in 1927, offering a comprehensive portfolio of services through distinct divisions and sub-brands. The core company operates as the main entity, while Fletcher Bright Commercial handles commercial brokerage and Fletcher Bright Homes serves residential customers. The company offers six integrated services: Property Management (managing 103 shopping centers across 13 states), Commercial Leasing (millions of square feet of retail space since 1969), Commercial Insurance (risk management portfolio of 11.2 million square feet), Commercial Lending (40+ years of commercial mortgage banking), and Development Division (100+ retail shopping centers developed over 35 years). These services work together to provide end-to-end real estate solutions from development through ongoing management.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Full-service property management for a portfolio of 103 shopping centers totaling approximately 7,000,000 square feet across 13 states, with shopping centers ranging from 6,400 to 345,856 square feet; includes complete monthly and annual reporting, tax services with a CPA on staff, and tenant relations management.
• Commercial Leasing Commercial leasing services for retail space ranging from single tenant structures to 600,000-square-foot power centers, supported by market analysis, demographic analysis, and individualized leasing plans for each property.
• Commercial Insurance Risk management and insurance broker services for outside commercial and retail property owners, with a current risk management portfolio totaling approximately 11,200,000 square feet of retail and commercial space, delivered by a licensed insurance broker with 39 years of experience.
• Commercial Lending Arranging construction and permanent financing for income-producing properties including shopping centers, office buildings, industrial properties, apartments, and owner-occupied buildings, leveraging relationships with life insurance companies and banks active in the current market.
• Development Division Retail shopping center development from conception through grand opening, with projects ranging from single-tenant buildings to power centers exceeding 600,000 square feet; the firm has developed in excess of 100 new retail shopping centers over the last 35 years through direct development and joint ventures with landowners.
• Fletcher Bright Commercial Commercial brokerage arm of Fletcher Bright Company offering tenant representation, property sales, leasing, risk management, insurance broker services, and commercial mortgage banking; licensed in Tennessee, Georgia, North Carolina, South Carolina, and Louisiana.
• Fletcher Bright Homes (Residential Brokerage) Residential real estate brokerage services for residential home buyers and sellers in the Chattanooga area, offering personalized service informed by ongoing knowledge of past and current residential, commercial, insurance, and financing market trends.

Quantifiable outcome

• 103 shopping centers owned and/or managed in 13 states
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Mortgage Bankers AssociationcoreStrategic or Co-development Partner · 1 January 1972The company has been a member of the Mortgage Bankers Association since 1972 and offers commercial mortgage banking services to other commercial property owners and developers through various lenders including life insurance companies and banks.

Scale indicators11 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: World's largest commercial real estate services firm providing investment sales, leasing, mortgage origination, and property management — directly overlaps Fletcher Bright's commercial brokerage, lending, and management capabilities at global scale.
• Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, valuation, and advisory — overlaps with Fletcher Bright's full-service commercial brokerage and mortgage banking services, though at vastly larger scale.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm offering brokerage, property management, and capital markets services — comparable in service breadth to Fletcher Bright's multi-line platform, though operating at institutional scale.
• Marcus & Millichap: Commercial real estate investment sales brokerage with a specialty in retail and multifamily — overlaps Fletcher Bright's commercial brokerage and mortgage banking activities, but focused on transaction intermediation rather than ownership/management.

Direct peers

• Regency Centers: Public REIT that owns and operates grocery-anchored shopping centers across high-density Sun Belt and coastal markets — overlapping the Southeast geography and tenant type that anchor Fletcher Bright's portfolio.
• Brixmor Property Group: One of the largest publicly traded shopping center REITs, owning and operating open-air shopping centers with national anchor tenants. Highly comparable to Fletcher Bright's owned/managed 103-center portfolio serving discount and big-box retailers.
• Federal Realty Investment Trust: Long-tenured shopping center REIT with a mixed portfolio of grocery-anchored and open-air centers, comparable in scale and tenant relationships to Fletcher Bright's multi-state shopping center platform.
• Phillips Edison & Company: Public shopping center REIT that owns and operates a portfolio of grocery-anchored neighborhood shopping centers — comparable to Fletcher Bright's anchor-tenant-led shopping center model. Both target necessity-based retail and focus on non-glamorous, high-occupancy strip retail assets.
• Kimco Realty: Major publicly traded shopping center REIT focused on open-air centers anchored by grocery, discount, and necessity-based retailers — directly overlapping Fletcher Bright's tenant mix (Walmart, Dollar Tree, Best Buy, Kroger).
• Mid-America Asset Management: Specialized retail real estate management and leasing firm focused on open-air shopping centers — closely comparable to Fletcher Bright's property management and leasing services platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pages/Fletcher-Bright-Company/156877597710137
• LinkedInlinkedin.com/company/fletcher-bright-company

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Fletcher Bright Company