What The Flatley Company does

The Flatley Company is a family-held, fully integrated commercial real estate firm founded in 1959 by Thomas J. Flatley and headquartered in Braintree, Massachusetts. Over 65 years, the company has developed, owned, and managed approximately 24 million square feet of real estate, with its current operating portfolio anchored by three signature Greater Boston assets: Braintree Hill Office Park, the Schrafft Center in Charlestown (approximately 1 million square feet), and Crown Colony Park in Quincy (approximately 1.5 million square feet). The company serves a wide range of commercial tenants across major industry sectors and generates revenue primarily through long-duration office leases on its owned and managed properties.

The firm operates as a full-service real estate organization, handling development, ownership, asset management, leasing, and property management in-house. Leadership is anchored by CEO John Roche and VP of Real Estate Bill Bush. The company maintains a disciplined geographic focus on Greater Boston and operates without institutional or private equity capital, retaining full family control of capital allocation and operating decisions. Its revenue model is centered on stabilized rental cash flow from owned office assets supplemented by management fees and ground-up development activity that expands and repositions the portfolio.

The Flatley Company maintains an active development pipeline across multiple Greater Boston submarkets. Active or pipeline projects include the Schrafft's Maritime site (5 acres, waterfront), 425 Medford Street (permitted for 1,789,000 GFA of mixed-use development), and additional Crown Colony development sites totaling 19 acres with potential for approximately 360,000 square feet of office. These projects signal continued reinvestment in the Boston-area portfolio and exposure to emerging asset types including mixed-use, residential, hospitality, and lab/office. No proprietary technology platform, software product, or artificial intelligence capability is disclosed as part of the company's offering.

Name

The Flatley Company

Legal name

The Flatley Company

Website

https://flatleyco.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

101–250 employees

Short description

Family-held commercial real estate firm founded in 1959, owning and managing premium office properties across Greater Boston including Braintree Hill Office Park, Schrafft Center, and Crown Colony Park, with an active mixed-use development pipeline.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Leasing

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131)

SIC

Lessors Of Real Property, Nec (6519), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industry

Retail & Mixed-Use Commercial Construction (IMAFACAB)

Keywords

• Commercial office leasing
• Commercial real estate development
• Property management services
• Office space leasing
• Real estate investment

Headquarters

HQ city

Braintree

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Commercial Office Leasing: Rental income from leasing commercial office space across portfolio properties including Braintree Hill Office Park, Schrafft Center, and Crown Colony Park.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

The Flatley Company develops, owns, and manages commercial office and mixed-use real estate in the Greater Boston area. Its portfolio includes Braintree Hill Office Park, The Schrafft's Center in Charlestown, and Crown Colony Park in Quincy, plus held development sites at Schrafft's Maritime and 425 Medford Street. The fundamental business is leasing premier office, retail, and mixed-use space directly to business tenants, supported by on-site amenities and dedicated property management teams.

Product overview

The Flatley Company is a family-held commercial real estate company founded in 1959, offering premier commercial office space in the Greater Boston area. The company's portfolio consists of multiple distinct properties: Braintree Hill Office Park (BHOP) in Braintree, MA featuring office and retail space with amenities; The Schrafft's Center in Charlestown, a landmark complex including 529 Main Street and 465 Medford Street buildings; and Crown Colony Park in Quincy, MA, a mixed-use complex with office space and hotel. The company also offers development sites including Schrafft's Maritime waterfront property and Crown Colony development parcels for office and medical use.

Differentiator

Problem solved

Functional benefit

Brands

• Braintree Hill Office Park (BHOP): Commercial office park in Braintree, MA with multiple buildings including 15, 25, 30, 35, 45, and 50 BHOP
• The Schrafft Center
• Crown Colony Park

Products and services

• Braintree Hill Office Park (BHOP) A premier commercial office park in Braintree, MA featuring multiple buildings with amenities including a fitness center, cafeterias, childcare, and shuttle service to public transportation. Available for lease to commercial tenants.
• BHOP Retail Retail plaza within the Braintree Hill Office Park offering shopping and dining options for tenants and visitors.
• Schrafft's Center A Boston landmark complex at 529 Main Street in Charlestown, formerly the Schrafft's Candy Factory. Includes the main 529 Main St building (610,000 SF), The Powerhouse at 465 Medford St (22,000 SF), and 465 Medford Street building (160,000 SF), offering waterfront views and amenities including fitness center, childcare, and shuttle service.
• Crown Colony Park A mixed-use complex in Quincy, MA at the I-93 and Route 3 interchange, including 1.5 million SF of commercial office space, the 240,000 SF Crown Jewel building at 2000 Crown Colony, Marriott Hotel, and Bright Horizons Day Care Center.
• Schrafft's Maritime A 5-acre maritime site on the water in Charlestown with a 360-foot deep water dock, zoned for Maritime Industrial uses with 24/7 security monitoring. Marketed for maritime-industrial tenants or development partners.
• 425 Medford St Development A permitted development site approved for 1,789,000 GLA of mixed-use development including 3 Lab/Office buildings, 2 Residential buildings, and 1 Hotel.
• Crown Colony Development Sites Two development sites totaling 19 acres with potential for 360,000 SF of office space, including a 16.5 acre/300,000 SF office development site and a 2.4 acre/60,000 SF medical development site.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Cummings Properties: Family-owned commercial real estate firm headquartered in Massachusetts with a large suburban office portfolio and mixed-use developments. Highly comparable business model (family-held, owner-developer-manager, suburban MA focus).
• Nordblom Company: Family-held commercial real estate owner, developer, and manager in Greater Boston with a similar fully-integrated model. Comparable asset mix (suburban office parks and mixed-use) and similar long-term hold strategy make it the closest analog to Flatley in structure.
• The Beacon Companies: Boston-area real estate developer and property manager focused on mixed-use commercial, residential, and life-science projects. Comparable development pipeline and Greater Boston geography, with similar vertical integration.
• National Development: Massachusetts-based mixed-use commercial developer with a portfolio including office, retail, and life-science properties across Greater Boston. Similar development-oriented model and overlapping suburban Boston submarkets.

Broad incumbents

• Boston Properties (BXP): Largest publicly-traded office REIT and developer in Greater Boston, with a national Class A office portfolio. Directly comparable product category (premier office space in Boston) and overlapping geographic focus, though BXP operates at much larger scale and is publicly traded.
• Tishman Speyer: Global commercial real estate owner, developer, and operator with a vertically integrated model spanning office, mixed-use, and life science. Compares in operating model (own-develop-manage) but operates globally at much larger scale.
• Brookfield Property Partners: Global real estate owner and operator with significant office and mixed-use assets including US office portfolios. Compares in integrated owner-developer-manager model, though at vastly larger scale and global scope.
• Highwoods Properties: Publicly-traded office REIT focused on Sunbelt business districts. Compares in pure-play office landlord model and amenitized suburban office park product, though focused on different geography.
• Vornado Realty Trust: Office-focused REIT with a concentration in New York City and a few select markets. Comparable as an institutional office landlord but operates in different geography at much larger scale.
• SL Green Realty: Largest office REIT in Manhattan, focused on Class A office ownership and management. Compares in office asset class and integrated ownership/management model, but geographically and scale-differentiated.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-flatley-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 The Flatley Company