TLM Realty

What TLM Realty does

TLM Realty Holdings LLC ("TLM Realty") is a private commercial real estate owner, operator, and redeveloper headquartered at 295 Madison Avenue (New York, NY) with a regional office in Charlottesville, VA. The firm owns and manages approximately 1.5 million square feet of regional and community shopping centers across 30 properties in 12 US states, with disclosed operations in Ohio, Utah, Florida, Minnesota, Virginia, Delaware, Oklahoma, Michigan, Pennsylvania, Tennessee, North Carolina, Georgia, and Illinois. TLM's stated specialty is acquiring and repositioning legacy big-box sites (notably former Kmarts shuttered in 2017 in Cleveland and Spanish Fork) into modern, multi-tenant shopping hubs anchored by credit-grade national retailers; the team has completed more than a dozen such redevelopments representing approximately 2 million square feet of new construction and reconstruction over the past decade.

The portfolio's revenue mechanics are straightforward triple-net-style retail leasing to a mix of national anchor tenants (ALDI, Target, Ross, Burlington, Kohl's, Kroger, Publix, Bealls, Hobby Lobby, Jo-Ann's, Petco, Five Below, Chipotle, Starbucks, Panera, LongHorn Steakhouse, Harbor Freight, Big Lots, Marshalls) and local/regional in-line tenants (Club Pilates, PNP Nails, Yamasaki, AT&T). Sales motion is direct-tenant leasing executed by an SVP of Leasing and Development and a VP, with inbound broker and tenant-rep inquiries routed through [email protected]. The company does not disclose rents, does not operate a technology platform, has no public listing or ticker, has no patents, has no disclosed institutional ownership, and operates with 1-10 employees — consistent with a lean, founder/management-controlled real estate investment and management firm rather than an institutional sponsor.

Pricing is not publicly disclosed; terms vary by property, location, square footage, and tenant profile. The business has accumulated $28.175 million of property acquisitions over the past five years (including Blue Ash Plaza in the Cincinnati MSA and Brookwood Village land in Georgia) and continues to develop mixed-use inventory such as Skyway Marina District (built 2024), Neptune Plaza renovation (2023), and Expressway Square/Spanish Fork Target redevelopment (2023). Management is led by President and CEO Ronald J. Oehl, supported by SVP Michael Oestreich (formerly a Principal at Benbrooke Realty Investment Company overseeing a 2.1 million sqft portfolio) and VP Andrew J. Greene, with Mila Pinkhasova as Assistant Corporate Secretary since 2001.

Name

TLM Realty

Legal name

TLM Realty Holdings LLC

Website

https://tlmltd.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

TLM Realty is a private commercial real estate owner and operator that owns and manages approximately 1.5 million square feet of regional and community shopping centers across 30 properties in 12 US states, leasing space primarily to national retail anchors (ALDI, Target, Burlington, Kroger, Kohl's, Publix) while redeveloping legacy big-box sites into modern multi-tenant hubs.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Real Estate Rental Income: TLM Realty generates revenue through leasing retail space in its shopping center portfolio. The company owns approximately 1.5 million square feet of regional and community shopping centers across 30 properties in 12 states. Revenue comes from rent payments by national retailers (ALDI, Target, Ross, Burlington, Five Below, Starbucks) and local tenants, with leases typically structured as long-term commercial arrangements with base rent and potentially percentage rent components.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TLM Realty is the owner and manager of approximately 1.5 million square feet of regional and community shopping centers across 30 properties in 12 US states. The company leases retail space within these shopping centers to national retail chains (ALDI, Target, Ross, Burlington, Starbucks, Five Below, Publix, Kroger, Kohl's, Hobby Lobby, Jo-Ann's, Petco, Chipotle, Marshalls, LongHorn Steakhouse, Panera, Big Lots, Harbor Freight, Bealls) and local businesses. TLM Realty specializes in acquiring and redeveloping legacy and distressed retail properties, such as former Kmart stores, into modern multi-use shopping hubs anchored by grocers and national retailers.

Product overview

TLM Realty offers a single, unified real estate management service focused on owning, managing, and redeveloping regional and community shopping centers. The company's core offering is its portfolio of approximately 1.5 million square feet of retail properties across 30 shopping centers in 12 US states. TLM Realty specializes in revitalizing legacy shopping centers into sustainable, multi-use hubs, transforming properties such as former Kmart locations into modern retail centers anchored by grocers like ALDI, Target, Kroger, and Publix, along with national retailers including Burlington, Ross, Starbucks, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• TLM Realty Shopping Center Portfolio TLM Realty's portfolio of regional and community shopping centers totaling approximately 1.5 million square feet across 30 properties in 12 US states, available for long-term lease to national retail chains and local businesses. Properties include modern multi-use retail hubs such as West Park Shopping Center (Cleveland, OH), Expressway Square (Spanish Fork, UT), Neptune Plaza (Neptune Beach, FL), Apple Valley Square (Apple Valley, MN), Blue Ash Plaza (Blue Ash, OH), and Watermark Town Center (Chesterfield, VA). Each property offers details on availability, year built/renovated, gross leasable area, demographics, and traffic counts, with leasing contact via [email protected].

Quantifiable outcome

• Completed over a dozen redevelopments with approximately 2 million square feet of new construction and reconstruction in the past decade
• +2 more outcomes

Named customers20 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

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tlm-realty-corp.

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 TLM Realty