What King James Group does

King James Group is a privately held real estate development and property management company founded in 1954 and headquartered in Westlake, Ohio, a western suburb of Cleveland. The firm develops, constructs, and manages residential and commercial properties throughout Greater Cleveland, with a stated specialization in repositioning and adaptive reuse of well-located but underutilized properties. Over its 70+ year history, the company has built more than 2,000 single-family and multifamily homes and over 1,000,000 square feet of office and retail space. Currently, the company owns and operates a focused portfolio of two commercial properties in Westlake: St. John Medical Center Building 2, a four-story 64,000 square foot medical office building physically attached to University Hospital's St. John Medical Center via an enclosed walkway, and King James Office Park Building 1, a four-story 44,000 square foot multi-tenant office building offering general business and medical suites ranging from 600 to 5,000 square feet.

The company's revenue is generated through two principal streams: recurring rental income from its owned and operated commercial real estate assets (leased to medical/healthcare tenants and general business tenants on what is described as a subscription/recurring basis) and one-time fees from property development and construction services. Its primary customer segments are healthcare providers seeking proximity-located medical office space near major hospital systems and small-to-medium professional service businesses seeking flexible office suites in western Cleveland suburbs. The firm goes to market directly, using its website (video tours and PDF leasing information) and phone/email contact to convert prospects into tenants, with no broker network or third-party distribution partners disclosed. It has 11-50 employees and operates entirely within the Greater Cleveland geography, with no disclosed expansion outside this region.

The business carries limited public visibility: no revenue, funding, management team details, partnerships, awards, or regulatory actions are disclosed in the source material. Ownership structure is not stated, though the long operating history and named-group structure are consistent with a closely held or family-owned entity. The company has no stated AI, software, or proprietary technology component; its competitive position rests on site-specific real estate assets (particularly the hospital-adjacent medical building), long-standing local relationships, and adaptive-reuse expertise rather than on technology or intellectual property.

Name

King James Group

Legal name

King James Group

Website

https://kingjamesgroup.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

King James Group is a privately held real estate development and property management firm founded in 1954, based in Westlake, Ohio, that develops, owns, and operates commercial and medical office properties for healthcare providers and general business tenants in the Greater Cleveland market.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131), Rental and Leasing Services (532)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532), Operative Builders (1531)

akta.pro primary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

akta.pro secondary industry

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)

Keywords

• Commercial real estate
• Property management
• Real estate development
• Medical office leasing
• Adaptive reuse

Headquarters

HQ city

Westlake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Real Estate Leasing: Rental income from commercial properties including office buildings and medical office buildings. Properties include St. John Medical Center Building 2 and King James Office Park Building 1.
2. Property Development and Construction: Development and construction services for residential and commercial properties, including adaptive reuse and repositioning of underutilized properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

King James Group develops, constructs, and manages residential and commercial real estate across Greater Cleveland, with current operations focused on owning and leasing two office buildings in Westlake, Ohio: St. John Medical Center Building 2 (a 64,000 sq ft medical office building attached to University Hospital's St. John Medical Center) and King James Office Park Building 1 (a 44,000 sq ft multi-tenant office building). The group also specializes in repositioning and adaptive reuse of well-located but underutilized properties.

Product overview

King James Group operates as a commercial real estate company offering two distinct office/medical properties for lease in Westlake, Ohio. The portfolio consists of St. John Medical Center Building 2 (a 64,000 sq ft medical office building connected to University Hospital) and King James Office Park Building 1 (a 44,000 sq ft multi-tenant office building with flexible suite sizes). Both properties are currently owned and operated by the company.

Differentiator

Problem solved

Functional benefit

Products and services

• St. John Medical Center Building 2 A four-story, 64,000 square foot medical office building attached to University Hospital's St. John Medical Center via an enclosed walkway. Available for lease to healthcare providers, medical groups, and medical practices seeking space directly tied to the hospital campus. Video tour and PDF leasing information are available.
• King James Office Park Building 1 A four-story, 44,000 square foot office building with general business and medical suites ranging in size from 600 sq ft to 5,000 sq ft. Available for lease to small and mid-sized professional services firms and general businesses in Westlake, Ohio. Video tour and PDF leasing information are available.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Gladstone Commercial Corporation: Small-cap commercial REIT that owns and leases net- and multi-tenant office and industrial properties. Comparable to King James Group as a small owner-operator of suburban commercial real estate with a similar leasing model.
• Global Medical REIT: Small-cap medical office REIT that owns MOBs leased to healthcare providers, often anchored to or near hospital systems. Highly comparable to King James Group's hospital-adjacent St. John Medical Center Building 2 in scale, asset type, and leasing model.
• Community Healthcare Trust: Small-cap healthcare REIT focused on MOBs and outpatient medical facilities in non-urban markets. Similar in scale, asset class, and tenant base to King James Group's healthcare-anchored portfolio.

Broad incumbents

• CareTrust REIT: Healthcare-focused REIT with a portfolio of skilled nursing, seniors housing, and healthcare-related real estate. Adjacent in asset focus and tenant type to King James Group's healthcare provider tenancy, though at a different scale.
• Medical Properties Trust: Larger healthcare REIT focused on hospitals and large MOBs. Comparable in healthcare real estate focus and tenant type to King James Group, but at materially greater scale and with broader hospital operating exposure.
• Healthpeak Properties: Major REIT combining medical office and life sciences real estate following the 2024 merger with Physicians Realty Trust. A relevant incumbent for hospital-adjacent and outpatient MOBs at significantly greater scale.
• National Health Investors: Senior housing and healthcare facility REIT with a comparable tenant profile to King James Group's healthcare provider tenants, though at materially greater scale and with primarily net-leased structures.
• Diversified Healthcare Trust: Smaller healthcare REIT with a mixed medical office and senior housing portfolio. Adjacent in focus and somewhat comparable in scale to King James Group's healthcare-real estate operations.
• Welltower: Diversified healthcare REIT concentrated in senior housing and outpatient medical. A broad incumbent in healthcare real estate with overlapping medical office exposure at much larger scale than King James Group.
• Ventas: Large diversified healthcare REIT with significant MOB and senior housing exposure. A broad incumbent with comparable healthcare-tenant focus, though the portfolio is materially larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 King James Group