Lockhouse Retail Group

What Lockhouse Retail Group does

Lockhouse Retail Group is a privately held commercial retail real estate brokerage firm founded in 2005 by Steve Cutter and headquartered in Walnut Creek, California. The firm operates across five offices covering Northern California (Walnut Creek, San Francisco), Southern California, Washington (Seattle), Idaho (Eagle), and New Mexico (Albuquerque), with a team of approximately 32 professionals. Its six core service lines are Tenant Representation, Landlord Representation, Investment Sales, Consultation, Entitlement and Construction Management, and Development Services, serving national and regional retailers, retail property owners, retail real estate investors, and retail developers.

The firm's revenue model is commission-based, generating fees on retail real estate transactions including tenant leases, landlord leases, and investment sales. No technology platform, SaaS product, or proprietary software is disclosed; the underlying capability rests on broker relationships, market intelligence accumulated through tenant-representation work, and multi-state regional coverage. Client logos include Whole Foods, Target, Chick-fil-A, Chipotle, Home Depot, Wells Fargo, Sprouts, Goodwill, Shoe Palace, JD Sports, Ross, AT&T, Equator Coffees, and Sports Basement, with the firm stating it is trusted by over 135 tenants and represents over 15 million square feet of retail assets.

The go-to-market motion is sales-led, executed through dedicated brokers operating from regional offices who serve clients across the Western United States. Marketing channels include the company website, LinkedIn, Facebook, Instagram, email newsletters, and earned media via news articles and deal announcements. The firm maintains an affiliate, LRG Investors LLC, which handles investment sales and online property auctions in partnership with Ten-X. Founder Steve Cutter holds a board seat at Chainlinks, the largest retail brokerage network in the country, providing additional deal-flow leverage.

Name

Lockhouse Retail Group

Legal name

Lockehouse Retail Group Inc.

Website

https://lockehouse.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Lockhouse Retail Group is a privately held commercial retail real estate brokerage firm serving over 135 tenants and representing 15M+ square feet across California, Washington, Idaho, and New Mexico via five regional offices.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Rental and Leasing Services (532)

SIC

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

akta.pro primary industry

Retail Tenant Representation (BPAJALAB)

Keywords

• Retail real estate brokerage
• Tenant representation
• Landlord representation
• Commercial real estate services
• Retail site selection

Headquarters

HQ city

San Mateo

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage Commissions: Revenue is generated through commissions on retail real estate transactions including tenant representation, landlord representation, and investment sales. The firm charges fees for helping retailers secure optimal locations and assisting landlords with leasing their retail spaces.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Lockhouse Retail Group is a commercial retail real estate brokerage firm that provides tenant representation, landlord representation, investment sales, consultation, entitlement and construction management, and development services. The firm represents national and regional retailers in site selection, lease negotiation, and expansion strategy, while also helping retail property owners and developers curate tenant mixes and maximize occupancy across California, Washington, Idaho, and New Mexico.

Product overview

Lockhouse Retail Group is a commercial real estate brokerage firm offering a unified suite of retail brokerage services. The company operates across six interconnected service lines: Tenant Representation (helping retailers find and secure optimal locations through rollouts and expansion strategies), Landlord Representation (strategically marketing properties and curating tenant mixes to maximize occupancy and returns), Investment Sales (facilitating acquisition and disposition of retail assets), Consultation (providing market strategy and advisory services), Entitlement and Construction Management (navigating regulatory approvals and construction oversight), and Development Services (supporting ground-up retail development). The firm leverages deep market intelligence and a collaborative team approach to deliver results for both tenants and landlords across California, Washington, Idaho, and New Mexico markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Tenant Representation
• Landlord Representation Strategic curation and marketing of retail listings to secure optimal tenant mix, maximize sales performance, and sustain high occupancy rates. Includes property marketing, tenant screening, and lease negotiation for retail property owners and developers.
• Investment Sales Acquisition and disposition analysis for retail properties, including value-add investment opportunities and asset repositioning services for retail real estate investors.
• Consultation Services Strategic consulting for retail businesses including market strategy, site selection, asset management, and business development advisory.
• Entitlement and Construction Management Navigation of regulatory approvals and construction oversight for retail development and expansion projects.
• Development Services Ground-up retail development support including mixed-use projects, working with developers in design and entitlement phases to prepare retail space for maximum tenant viability.

Quantifiable outcome

• Trusted by over 135 tenants
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles3 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 minor and core.

• Heart 2 HealminorOthersSteve Cutter serves on the board of Heart 2 Heal, a medical clinic in Idaho that has created an affordable healthcare system with exceptional service in both allopathic and functional medicine.
• ChainlinkscoreStrategic or Co-development PartnerSteve Cutter serves on the board of Chainlinks, the largest retail brokerage network in the country, indicating a strategic alliance for industry networking and business development.
• LRG Investors, LLCcoreOthersLRG Investors, LLC is an affiliate of Lockehouse Retail Group. Steve Cutter is Co-Founder of LRG Investors, LLC. The affiliate handles investment sales and property auctions, including the auction of a former Bank of America building in Santa Rosa.

Scale indicators5 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• SRS Real Estate Partners: National retail-focused commercial real estate brokerage with a similar tenant representation, landlord representation, and investment sales model. Closest pure-play comparable to Lockehouse given shared retail specialization and similar service mix.
• Newmark Group: Global CRE services firm with a major retail practice; multiple Lockehouse principals (Shepherd, Bromstead, Giacomelli, Basso) previously worked at Newmark Cornish & Carey. Direct overlap in retail tenant/landlord representation and investment sales.
• Colliers International: Global CRE services firm with a strong U.S. retail brokerage practice. Several Lockehouse team members (Giacomelli, Hibbitts) previously worked at Colliers, evidencing direct talent and capability overlap.
• Mid-America Real Estate Group: Retail-specialized CRE brokerage and investment sales firm. Direct peer in retail tenant representation, landlord representation, and shopping center investment sales, though primarily Midwest-focused.

Broad incumbents

• Cushman & Wakefield: Global full-service CRE firm with retail brokerage capabilities. Comparable at the retail practice level, though Cushman operates across all major property types (office, industrial, capital markets) at much larger scale.
• CBRE Group: World's largest CRE services firm with a substantial retail brokerage practice. Competes with Lockehouse on enterprise tenant mandates (e.g., Target) but at vastly greater scale and with broader service offerings.
• JLL (Jones Lang LaSalle): Global CRE services firm with retail brokerage, capital markets, and advisory capabilities. Competitor for large national tenant rollouts, though with a much broader property type focus than Lockehouse.

Others

• Phillips Edison & Company: Retail REIT and net-lease grocery-anchored shopping center owner/operator. Comparable retail real estate focus though operates as an investor/owner rather than a brokerage. Potential landlord-side counterparty relationship.
• Regency Centers: National grocery-anchored shopping center REIT and major Lockehouse landlord client. While not a peer in the brokerage sense, Regency is a key institutional counterparty whose continued relationship is a strong signal of Lockehouse's institutional credibility.

Emerging players

• Retail Space Advisors (RSA): Boutique retail-specialized CRE brokerage firm with a similar tenant and landlord representation model to Lockehouse, operating across select U.S. markets. Comparable scale and service mix as a smaller, focused competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/lockehouserg
• LinkedInlinkedin.com/company/lockehouse-retail-group-inc.
• Instagraminstagram.com/lockehouserg

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Lockhouse Retail Group