What Schlosser Development does

Schlosser Development Corporation (SDC) is a privately held commercial real estate developer, leasing agent, and property manager headquartered in Austin, Texas. Founded in 1986 by brothers Brad and Andy Schlosser, the company has developed, leased, and managed more than 4 million square feet of commercial space across Texas, Oklahoma, North Carolina, Idaho, Colorado, and California. SDC operates through three integrated service lines — Develop (commercial property development with a design-driven mixed-use focus), Lease (direct tenant acquisition and relationship management for Class-A office and retail), and Manage (property and asset management for owned and third-party portfolios). The company is one of the largest private property owners in downtown Austin, with anchor projects concentrated in the Market District at the 6th and Lamar intersection, including the Whole Foods Market flagship store and world headquarters (285,000 sq ft, completed 2004), Fifth & Baylor (HomeAway HQ, LEED-certified), Shoal Creek Walk (Cirrus Logic anchor, 220,000 sq ft), and Treaty Oak Square (formerly the AISD Carruth Administration Center, redeveloped beginning 2017).

SDC's revenue is generated through three streams: development fees and ownership stakes in developed properties (including co-development with capital partners such as RockStep Capital and Synco Properties); recurring rental income from leasing office and retail space within its owned portfolio (over 2 million sq ft actively leased by the in-house team led by Director of Leasing Daniel Morton); and property management fees for owned and third-party assets. Pricing is quote-based and negotiated per project; the company pursues tenants such as Whole Foods Market, Cirrus Logic, HomeAway (now Vrbo), PwC, Bank of America, Fidelity Investments, REI, Anthropologie, BookPeople, The Container Store, Home Depot, Walmart, Publix, and McGinnis Lochridge through direct enterprise relationships rather than third-party brokers or listing platforms.

SDC's go-to-market is relationship-driven enterprise field sales, anchored by long-cycle mixed-use and retail power-center development. Strategic positioning has shifted from suburban retail (Plaza de Laredo, McAllen Pavilion, Kemah Marketplace) toward urban mixed-use and transit-adjacent Class-A assets, culminating in the $400-500M Colony at SouthPark joint venture in Charlotte, NC (27 acres, 990 residential units, 250,000 sq ft office, 225-room hotel, 300,000 sq ft retail). The company is privately held with no external funding rounds and is led by co-founder and President Brad Schlosser; senior leadership includes CFO Steve Gunn, Chief Counsel Brian C. Rider (board-certified in Texas commercial real estate law since 1983), Director of New Project Development David A. Vitanza, and Principal/Director of Design & Construction Richard W. Duggan III. SDC has received industry recognition including BOMA International TOBY awards (regional 2008, international 2009) and Urban Land Institute Urban Light-Livability Awards (2003, 2005).

Name

Schlosser Development

Legal name

Schlosser Development Corporation

Website

https://sdcaustin.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Schlosser Development Corporation is a privately held Austin-based commercial real estate developer, lessor, and property manager that develops, leases, and manages more than 4 million square feet of Class-A office and retail properties across Texas, North Carolina, Idaho, Oklahoma, Colorado, and California.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate and Rental and Leasing (53), Lessors of Real Estate (5311), Rental and Leasing Services (532), Real Estate Property Managers (53131), Land Subdivision (2372)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate development
• Property management services
• Commercial property leasing
• Mixed-use development
• Retail property investment

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Property Development: SDC develops commercial properties including retail centers, office buildings, and mixed-use developments. Revenue is generated through development fees, property sales, and ownership stakes in developed properties.
2. Property Leasing: SDC leases office and retail space to tenants, generating recurring rental income from their portfolio of managed properties.
3. Property Management: SDC provides property management services for their own portfolio and third-party properties, generating management fees.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Schlosser Development Corporation develops, leases, and manages commercial real estate including retail centers, office buildings, and mixed-use properties. The company owns and operates a portfolio exceeding 4 million square feet across Texas, Oklahoma, North Carolina, Idaho, Colorado, and California, providing Class-A space to corporate and retail tenants.

Product overview

Schlosser Development Corporation is a commercial real estate development, leasing, and property management firm. The company operates three core service lines: Develop (commercial property development), Lease (tenant acquisition and management), and Manage (property management and asset growth). The portfolio includes mixed-use commercial properties across multiple states, with flagship projects in Austin's Market District including Whole Foods Headquarters, Shoal Creek Walk, Fifth & Baylor, Fourth & Lamar, and Treaty Oak Square. The company also develops and manages retail power centers and multi-tenant properties in Texas, North Carolina, Idaho, and California.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Development Services End-to-end commercial real estate development service creating Class-A retail centers, office buildings, and mixed-use properties with dominant presence and iconic identity. Targets corporate and retail tenants requiring well-located, professionally developed commercial space.
• Commercial Leasing Services Proactive tenant leasing services that maintain close communication with corporate and retail tenants to accommodate immediate needs and anticipate future requirements. Focuses on tenants with strong business models demonstrating growth and value.
• Property Management Services Full-service property management for SDC's owned portfolio and third-party properties, delivered through a dedicated management team focused on asset growth, tenant relationships, and property care.
• Shoal Creek Walk Class-A mixed-use property with approximately 215,000 square feet of office space over 7,500 square feet of ground floor retail, located in Austin, TX. Anchor tenants include Cirrus Logic, PwC, Central National Bank, and Virtus Real Estate.
• Whole Foods Market Headquarters 285,000 square foot mixed-use building with a 200,000 sq ft office tower above an 85,000 sq ft grocery store, serving as the Whole Foods Market flagship store and World Headquarters on Lamar Blvd in Austin, TX.
• The Colony at SouthPark 27-acre mixed-use redevelopment in Charlotte, NC with 990 multifamily units, a 200-room hotel, a 70,000 sq ft grocery (Publix), 200,000 sq ft office, and 200,000 sq ft retail, valued at approximately $500M.
• Treaty Oak Square (1111 W Sixth St) Two four-story office buildings on a 2.7-acre site in Austin, TX, redeveloped from the former AISD Carruth Administration Center. Anchor tenant McGinnis Lochridge occupies 38,700 square feet.
• Glenwood Place 50,000 square foot Class-A retail center in Raleigh, NC anchored by The Container Store (first NC location), with tenants DXL, JoS. A. Bank, and Fidelity Investments.
• Fifth & Baylor 90,000 square foot LEED Certified mixed-use structure completed in 2008 in Austin, TX, home to HomeAway (now Vrbo) corporate headquarters and West Elm.

Quantifiable outcome

• 4+ million square feet of commercial projects developed
• +2 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Synco PropertiescoreStrategic or Co-development Partner · 11 November 2014Joint venture partners for the 27-acre SouthPark mixed-use development including 990 residential units, 250,000 sq ft office, 225-room hotel, and 300,000 sq ft retail.
• RockStep CapitalcoreStrategic or Co-development PartnerHouston-based partner with whom SDC developed three major power centers in suburban Houston, surpassing 1 million square feet. This partnership dates back to 2000 and represents a significant co-development relationship.
• Synco PropertiescoreStrategic or Co-development PartnerCharlotte-based real estate firm partnering with SDC on The Colony at SouthPark Mall redevelopment - a $500M mixed-use project covering 27 acres. Synco is the owner of The Colony property and SDC is the development partner.
• First Landmark USAminorStrategic or Co-development PartnerDevelopment partner involved in various SDC projects.
• Synco Property ManagementminorChannel Partner/ Reseller/ DistributorProperty management partner for co-developed properties.
• City of AustinminorOthersMunicipal government partner for development entitlements and permitting in Austin, TX.
• City of BoiseminorOthersMunicipal government partner for development at Broadway Front property in Boise, ID.
• City of CharlottecoreOthersMunicipal government partner for The Colony at SouthPark redevelopment, including rezoning approvals and city council votes.
• City of HoustonminorOthersMunicipal government partner for Houston-area power center developments.
• City of LaredominorOthersMunicipal government partner for Plaza de Laredo development.
• City of McAllenminorOthersMunicipal government partner for McAllen Pavilion development.
• City of Oklahoma CityminorOthersMunicipal government partner for Oklahoma City property developments.
• City of RaleighminorOthersMunicipal government partner for Glenwood Place development in Raleigh, NC.
• City of Tahoe CityminorOthersMunicipal government partner for Lighthouse Center development at Lake Tahoe.

Scale indicators5 records

Recent moves21 records

Expansion highlights5 records

Direct peers

• KDC (Kaiser Development Corporation): Dallas-based commercial real estate developer focused on Class A office and mixed-use projects across Texas and the Sun Belt. Direct comparable to SDC in scale, regional focus, trophy-asset strategy, and anchor-tenant relationships with corporate headquarters users.
• Stream Realty Partners: National commercial real estate services firm with deep Texas roots in development, leasing, and property management. Closely comparable to SDC across all three service lines (Develop, Lease, Manage) and in serving enterprise tenants in Texas/regional markets.
• Granite Properties: Plano, TX-based commercial real estate investment and development company specializing in Class A office and mixed-use properties. Comparable to SDC in Texas-centric trophy asset focus, mixed-use development expertise, and institutional-quality ownership/management.

Broad incumbents

• Lincoln Property Company: One of the largest privately held U.S. real estate firms offering commercial development, residential, and property management services nationwide. Larger and more diversified than SDC but directly comparable in core development/leasing/management model and Sun Belt geographic emphasis.
• Cousins Properties: Atlanta-based REIT focused on Class A office towers in high-growth Sun Belt markets (Austin, Charlotte, Dallas, Atlanta). Publicly traded comparable to SDC's trophy office strategy, Charlotte/Austin exposure (overlap with SDC's The Colony at SouthPark), and enterprise tenant roster.
• Highwoods Properties: Raleigh, NC-based office REIT with significant Sun Belt portfolio including Charlotte and Raleigh — directly overlapping SDC's Glenwood Place (Raleigh) and The Colony at SouthPark (Charlotte). Comparable in Best Business District office strategy and Sun Belt enterprise tenant focus.
• Brandywine Realty Trust: Philadelphia-based REIT focused on Class A office and mixed-use properties in Philadelphia, Austin, and other select markets. Comparable to SDC's mixed-use trophy asset strategy and Austin exposure through its own downtown Austin portfolio.

Emerging players

• Howard Hughes Holdings: Master-planned community and commercial real estate developer with trophy mixed-use assets in The Woodlands (TX), Summerlin (NV), and Downtown Columbia (MD). Comparable to SDC in design-driven mixed-use development, though larger scale and publicly traded.

Others

• CBRE Group: Global commercial real estate services giant offering investment sales, leasing, and property management. Comparable to SDC's leasing and property management service lines and enterprise tenant relationships, though at vastly larger scale and as a service provider rather than principal.
• JLL (Jones Lang LaSalle): Global commercial real estate services and investment firm providing leasing, property management, and capital markets services. Comparable to SDC's enterprise-tenant leasing and property management activities, but operates as agent rather than developer/owner/lessor principal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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 Schlosser Development