Finmarc Management

What Finmarc Management does

Finmarc Management, Inc. is a fully-integrated, privately-held commercial real estate owner-operator founded in September 1987 by David B. Fink and Marc F. Solomon and headquartered at 7200 Wisconsin Avenue in Bethesda, Maryland. The company acquires, manages, leases, and develops retail centers, industrial/flex and warehouse properties, and office buildings throughout the Mid-Atlantic region, with operating geographies spanning Maryland, Virginia, Washington D.C., Delaware, New Jersey, Pennsylvania, and North Carolina. As of the latest reporting, Finmarc holds a portfolio of more than 6.5 million square feet across 100+ properties, serves 800+ national, regional, and local tenants, and has executed over 90 individual acquisitions and sales representing $2 billion in combined transaction value over the last decade.

The company's service offering is organized around three lines: (1) Property and Asset Management, providing accounting, lease administration, property management, tenant relations, and construction oversight for owned and third-party assets; (2) Acquisitions Advisory, including property sourcing, construction management, financing, and asset management; and (3) Leasing, run by an in-house team and supported by a property-finder search tool on its website and a tenant service-request portal. The underlying technology stack is minimal and not differentiated — the digital footprint consists of a WordPress-based corporate website, a property search interface, and a service request system. The firm does not expose APIs or SDKs and holds no technology-related patents or trademarks.

Finmarc's revenue mechanics are diversified across rental income from owned properties, property management fees (negotiated monthly based on property type, size, and scope), leasing commissions, and gains on the acquisition and disposition of assets. Deal flow is generated through direct principal relationships, joint ventures with institutional partners (KPR Centers, Kodiak Properties, Angelo Gordon, SPMC Urban Properties, The Goldstar Group, Northfield Construction), repeat institutional sellers (Boston Properties, First Potomac Realty Trust, Stewart Investment Company), and 1031 tax-free exchanges. The customer base is structurally diversified across retail, government (e.g., Library of Congress, Prince George's County Police Department), healthcare (UPenn-affiliated Clinical Health Care Associates), technology (DLT Solutions), and food service distribution (Saval Foodservice) tenants, with no single tenant disclosed as a material concentration.

Name

Finmarc Management

Legal name

Finmarc Management, Inc.

Website

https://finmarc.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Finmarc Management is a Bethesda-based, privately-held commercial real estate owner-operator founded in 1987 that acquires, manages, leases, and develops retail, industrial/flex, and office properties across the Mid-Atlantic, managing 6.5M+ sq ft and 100+ properties serving 800+ national, regional, and local tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), Management of Companies and Enterprises (5511)

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Corporate Venture Capital (CVC) (FSANAAAF)

Keywords

• Commercial real estate
• Property management
• Asset management
• Real estate investment
• Leasing services

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Commercial Real Estate Ownership and Management: Finmarc generates revenue through ownership and management of commercial real estate properties including retail centers, flex/industrial warehouses, and office buildings. The company earns rental income from tenants across its portfolio of over 6 million square feet of commercial space in the Mid-Atlantic region. Additional revenue comes from property management fees, leasing commissions, and capital appreciation through property acquisitions and dispositions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Finmarc Management is a fully-integrated commercial real estate company that acquires, owns, manages, leases, and develops retail, industrial/flex, warehouse, and office properties across the Mid-Atlantic region. The firm manages a portfolio of more than 6.5 million square feet, provides property and asset management services, acquisition advisory, leasing, construction management, and tenant relations to property owners and commercial tenants.

Product overview

Finmarc Management is a fully-integrated commercial real estate company offering property/asset management services, acquisitions advisory services, a property finder online search tool, and service request functionality. The company manages a diverse portfolio of retail, industrial/flex, warehouse, and office properties throughout the Mid-Atlantic region, with no platform-plus-modules architecture — the offerings are service-based rather than software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Property/Asset Management Comprehensive property and asset management services including accounting, lease administration, property management, maintenance, and tenant relations for retail, office, industrial, flex, and warehouse properties owned by clients and investors.
• Acquisitions Advisory Services Expert advisory services guiding clients on commercial property acquisitions, construction management, financing, and asset management to maximize and enhance property value.
• Property Finder (Online Search Tool) Online property search tool that allows prospective tenants to find available retail, flex, industrial, and office properties across the Mid-Atlantic region by location, square footage, and property type.
• Service Request Portal Online service request system allowing tenants in Finmarc-managed properties to submit maintenance requests and communicate directly with the property management team.

Quantifiable outcome

• 97.5% occupancy achieved at Capital Marketplace during five-year hold period before sale for $80.625 million
• +1 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• KPR CenterscoreStrategic or Co-development PartnerJoint venture partner with Finmarc for retail property acquisitions. Notably acquired Providence Town Center, a 760,000 square foot Wegmans-anchored center in the Philadelphia area for $161.75 million, and Red Lion Plaza in Philadelphia, PA for $56.45 million. KPR Centers is a real estate investment and operating firm based in New York City.
• The Goldstar GroupminorStrategic or Co-development PartnerJoint venture partner for the acquisition and conversion of 3409 Wilson Boulevard, an 85-unit residential building in Northern Virginia for $39.88 million. Goldstar handles project management for conversion to luxury condominiums. Founded in 1995, Goldstar focuses on commercial real estate investments in the Washington DC metropolitan area.
• Northfield Construction and Development, LLCminorStrategic or Co-development PartnerPartnership for acquisition and development of a .68 acre parcel in Alexandria, VA for townhouse development. Northfield, a Washington D.C. based company specializing in urban infill residential development, performed general contracting services for the luxury townhouse project.
• Kodiak Properties, LLCcoreStrategic or Co-development PartnerJoint venture partner in multiple property acquisitions and dispositions. Notable partnerships include the acquisition of 6740 Dorsey Road warehouse in Elkridge, MD for $12.5 million and the 85-unit residential building in Northern Virginia. Also partnered on the sale of Brafferton Center in Stafford, VA for $22.3 million with Angelo Gordon.
• SPMC Urban PropertiesminorStrategic or Co-development PartnerJoint venture partner for the sale of 8209 Watson Street, a 32,857 square foot retail building in McLean, VA for $22 million, fully leased to REI. SPMC specializes in acquiring, leasing, and developing urban properties in Washington D.C.
• Angelo Gordon of Kodiak PropertiesminorStrategic or Co-development PartnerPartnership for the sale of Brafferton Center, a 95,000 square foot neighborhood shopping center in Stafford, VA for $22.3 million.
• Angelo GordonminorStrategic or Co-development PartnerJoint venture partner with Finmarc for the sale of Brafferton Center in Stafford, VA. Angelo Gordon works through Kodiak Properties, LLC.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Kimco Realty: Largest publicly traded open-air shopping center owner in North America (NYSE: KIM). Operates an overlapping retail strategy at significantly greater scale than Finmarc.

Direct peers

• Urban Edge Properties: Public REIT (NYSE: UE) that acquired Bethesda-based Saul Centers in 2022, now operating a similar Mid-Atlantic shopping center portfolio with comparable tenant mix. Closest publicly traded geographic and business model comparable to Finmarc.
• Federal Realty Investment Trust: Large-cap retail and mixed-use REIT (NYSE: FRT) with a heavy Mid-Atlantic and East Coast footprint of open-air shopping centers and mixed-use properties — directly comparable strategy and tenant base to Finmarc.
• KPR Centers: New York-based real estate investment and operating firm that has been a repeat JV partner with Finmarc on Mid-Atlantic retail acquisitions (e.g., Providence Town Center, Red Lion Plaza). Operates the same shopping-center acquisition and value-add playbook.
• Brixmor Property Group: Public open-air shopping center REIT (NYSE: BRX) owning over 370 retail centers totaling approximately 65M sq ft. Closely comparable in asset focus to Finmarc's grocery-anchored community center strategy.
• Regency Centers: National grocery-anchored shopping center REIT (NASDAQ: REGTR) with over 480 properties. Highly comparable operating model focused on necessity-based retail centers in densely populated trade areas.
• Phillips Edison & Company: Public REIT (NASDAQ: PECO) focused exclusively on grocery-anchored neighborhood shopping centers. Direct comparable in tenant strategy, asset profile, and value-add approach.
• Kite Realty Group: Public open-air shopping center REIT (NYSE: KRG) operating over 170 properties. Closely aligned strategy of acquiring and operating high-quality, open-air retail centers in select markets.
• Retail Opportunity Investments Corp. Public shopping center REIT (NASDAQ: ROIC) specializing in the acquisition, ownership, and management of necessity-based community shopping centers on the West Coast and East Coast — overlapping operating model with Finmarc.
• DLC Management Corp. Privately held retail real estate owner and manager based in the Northeast, owning over 40M sq ft of open-air shopping centers. Closest private operating peer to Finmarc in scale, asset type, and tenant strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/finmarc-management-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 Finmarc Management