Fraga Properties
Fraga Properties is a privately held Coral Gables, Florida commercial real estate firm founded in 2000 that develops, redevelops, acquires, leases, and manages supermarket-anchored neighborhood shopping centers in the southeastern United States for national retail tenants and property investors.
- Company typePrivate
- Founded2000
- HeadquartersCoral Gables, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Fraga Properties does
Fraga Properties is a privately held commercial real estate company founded in January 2000 by Albert J. Fraga and Antonio (Tony) C. Fraga, headquartered in Coral Gables, Florida. The company develops, redevelops, acquires, leases, manages, and brokers retail and office properties, with a strategic focus on supermarket-anchored neighborhood shopping centers in the southeastern United States. Its current property portfolio includes five named retail centers — Plant City Crossing (85,252 SF, Plant City FL), Eagle Ridge Shoppes (65,751 SF, Clermont FL), Sabal Palm Plaza (276,876 SF, Fort Pierce FL), Stuart North (42,787 SF, Stuart FL), and Shoppes of Doral (40,000 SF, Doral FL) — as well as single-tenant assets such as the CVS Pharmacy building in Daytona Beach and a Walgreens in Holly Hill.
The firm operates as a full-service platform offering property management, leasing, brokerage, and development under one umbrella. Go-to-market is sales-led and relationship-based, with the executive team — President Albert J. Fraga, Director of Real Estate Ray Blanco, and VP Connie Hull — directly sourcing and managing acquisitions, while Ray Blanco's prior track record includes developing and lease-up of commercial developments later sold for over $110 million. Marketing channels are traditional and network-driven (ICSC events, property listings on the company website, PDF flyers, and referrals) rather than digital-led.
Revenue is transaction-based and derived from rental income, property sales, management fees, and brokerage commissions. Disclosed property transactions show sale prices between approximately $1.7 million and $6.7 million with capitalization rates of 4.55%–7.3%. The company serves two primary customer segments: (1) national retailers and credit-anchored tenants (Publix, Bank of America, Chase, CVS, Wendy's, Burger King, Verizon, Walgreens, T-Mobile and others), and (2) retail property investors seeking stabilized supermarket-anchored assets. The Fraga family maintains 100% ownership with no institutional capital or parent company, and operations are supported by approximately 11–50 employees across the Coral Gables headquarters and a Fort Pierce management office.
Fraga Properties firmographics
Firmographics- Name
- Fraga Properties
- Legal name
- Fraga Properties, Inc.
- Website
- https://fragaproperties.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fraga Properties is a privately held Coral Gables, Florida commercial real estate firm founded in 2000 that develops, redevelops, acquires, leases, and manages supermarket-anchored neighborhood shopping centers in the southeastern United States for national retail tenants and property investors.
- Ownership category
- akta.pro rank
Fraga Properties industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)
Keywords
Where Fraga Properties is headquartered
LocationHeadquarters
- HQ city
- Coral Gables
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Fraga Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Commercial Real Estate Operations: Revenue generated through development, redevelopment, acquisition, leasing, management, and sale of retail and office properties. The company focuses on supermarket-anchored neighborhood shopping centers in the southeastern United States.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Property sales with capitalization rates |
| Unit Pricing | Multi-year contract | Leasing of retail space |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Fraga Properties product offering
Product offeringCore offering
Fraga Properties is a full-service commercial real estate company that develops, redevelops, acquires, leases, and manages retail and office properties. The company focuses on supermarket-anchored neighborhood shopping centers across the southeastern United States with primary operations in Florida. Its integrated service offering includes property management, development, acquisition, and brokerage, supported by a portfolio of named retail shopping centers.
Product overview
Fraga Properties is a full-service Commercial Real Estate company offering a unified portfolio of property services centered on developing, managing, acquiring, and leasing retail and office properties. The company operates as a single integrated real estate platform with primary focus on supermarket-anchored neighborhood shopping centers across the southeastern United States. The service offering encompasses property management, development, acquisition, and brokerage, while the property portfolio includes named retail shopping centers such as Plant City Crossing, Eagle Ridge Shoppes, Sabal Palm Plaza, Stuart North, and Shoppes of Doral.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Services Comprehensive property management services for retail and office properties, including tenant relations, maintenance oversight, and occupancy optimization. Targeted at property owners and investors seeking professional management of their retail assets.
Quantifiable outcome
- Over 4,000,000 SF of retail and office space managed, developed, and redeveloped
- +2 more outcomes
Companies that use Fraga Properties
Customer profileNamed customers38 records
Segments3 records
Ideal customer profiles3 records
Fraga Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fraga Properties partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Fraga Properties competitors and assessment
Company assessmentDirect peers
- Sterling Organization: Private, vertically integrated retail real estate investment and operating firm based in Florida. Closely comparable to Fraga in scale, Southeast focus, and integrated acquisition/development/management platform.
- Regency Centers Corporation: Publicly traded REIT focused on grocery-anchored shopping centers, with significant Florida and Southeast exposure. Comparable business model and format, though at materially larger scale.
- Brixmor Property Group: Publicly traded open-air shopping center owner/operator with a portfolio of grocery-anchored and community centers. Comparable asset class and tenant strategy, but with substantial scale advantages.
- Site Centers: Publicly traded open-air shopping center developer and owner with a portfolio comparable to Fraga's neighborhood/community center focus, though at much greater scale.
- InvenTrust Properties: Publicly traded open-air retail REIT focused on grocery-anchored community centers, with comparable tenant mix and Sun Belt concentration overlapping Fraga's geography.
- Kite Realty Group: Publicly traded open-air shopping center REIT focused on grocery-anchored properties in high-growth Sun Belt markets, overlapping Florida/Southeast US exposure with Fraga.
- Phillips Edison & Company: Publicly traded net-lease REIT focused on grocery-anchored neighborhood and community shopping centers. Direct peer given Fraga's stated specialization in supermarket-anchored neighborhood shopping centers and similar tenant profile (Publix, Kroger-affiliated anchors).
- Pine Tree Commercial Realty: Private owner/operator of grocery-anchored neighborhood shopping centers. Comparable niche focus and tenanting model — supermarket anchors with a mix of in-line national retailers.
Broad incumbents
- Kimco Realty: Largest publicly traded owner/operator of open-air shopping centers in the US. Broader incumbent in the same retail real estate category with national scale and far larger AUM.
- Federal Realty Investment Trust: Large publicly traded retail REIT operating grocery-anchored and mixed-use shopping centers. Broader incumbent in the same asset class with established Sun Belt and Florida presence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Fraga Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fraga Properties leadership team
Management profileNumber of profiles
Profiles7 records
Fraga Properties subsidiaries and ownership
Company hierarchySubsidiaries1 record
Fraga Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fraga Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fraga Properties
What does Fraga Properties do?
Fraga Properties is a full-service commercial real estate company that develops, redevelops, acquires, leases, and manages retail and office properties. The company focuses on supermarket-anchored neighborhood shopping centers across the southeastern United States with primary operations in Florida. Its integrated service offering includes property management, development, acquisition, and brokerage, supported by a portfolio of named retail shopping centers.
Is Fraga Properties a public or private company?
Fraga Properties is a private company. It is classified as family owned and is currently operating.
When was Fraga Properties founded?
Fraga Properties was founded in 2000. It employs 11 to 50 people.
Where is Fraga Properties based?
Fraga Properties is headquartered in Coral Gables, United States, in the North America region.
How does Fraga Properties make money?
One revenue line is on record: commercial Real Estate Operations.
Who are Fraga Properties's main competitors?
Direct peers on record are Sterling Organization, Regency Centers Corporation, Brixmor Property Group, Site Centers, InvenTrust Properties, Kite Realty Group, Phillips Edison & Company and Pine Tree Commercial Realty. Broad incumbents are Kimco Realty and Federal Realty Investment Trust.
Does Fraga Properties have an API?
No public API is recorded for Fraga Properties.
What industry is Fraga Properties in?
Fraga Properties's product category is Commercial Real Estate. Its primary akta.pro industry code is FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 5312 and its SIC code is 6531.