Bender Commercial

What Bender Commercial does

Bender Commercial Real Estate Services (legal entity Bender Companies, Inc.) is a private commercial real estate brokerage founded in 1997 and headquartered at 305 West 57th Street, Sioux Falls, South Dakota. The firm provides brokerage, investment advisory, and consulting services across office, retail, industrial, land, multi-family, and special-use properties, serving both enterprise clients (Avera, Wells Fargo, US Foods, Ace Hardware, Journey Construction) and small/mid-market businesses and investors in the South Dakota market. Its 16 brokers hold professional designations including SIOR (Society of Industrial and Office Realtors) and CCIM (Certified Commercial Investment Member), collectively representing over 200 years of industry experience, and have completed 3,689 transactions totaling $2.18B in sold and leased property value across 70.6 million square feet.

The company's core offerings include Brokerage Services (buying, selling, leasing, 1031 exchanges, market analysis, demographics, and competitive assessments), Investment Services (asset management, IRR calculations, debt/equity placement, court-appointed receivership), and Consulting Services (portfolio optimization, lease administration, tax protests, expense administration). Property management is delivered through affiliated sister company Bender Midwest Properties (founded 1998). The firm monetizes primarily via transaction-based commissions negotiated per deal and referral arrangements to Bender Midwest Properties for management; pricing is not publicly disclosed. Supporting capabilities include an online Commercial Property Listings Database (236 active listings) and a Market Research division publishing annual and mid-year Sioux Falls Market Outlook reports since 2015.

Bender Commercial operates a sales-led, relationship-driven go-to-market with no proprietary technology platform, no API, and no AI/ML capabilities; all delivery is via direct broker relationships, professional affiliations (SIOR, CCIM), and content marketing through market research reports and a listings database. The company does not use third-party distribution or resellers and remains regionally concentrated in South Dakota without disclosed geographic expansion, external funding, or M&A activity. Ownership is private with founder Michael Bender (CCIM, SIOR) and President Reggie Kuipers (SIOR) among the named principals; no parent company or institutional investor is disclosed.

Name

Bender Commercial

Legal name

Bender Companies, Inc.

Website

https://benderco.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Bender Commercial is a private Sioux Falls, South Dakota commercial real estate brokerage founded in 1997 that provides sales, leasing, investment, and consulting services across office, retail, industrial, land, and multi-family properties, serving enterprise and SMB clients in the South Dakota market.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

Keywords

• Commercial real estate brokerage
• Commercial property sales
• Commercial leasing services
• Real estate investment advisory
• Commercial property management

Headquarters

HQ city

Sioux Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Brokerage Commissions: The company earns commissions on commercial property sales and leases. This includes representing buyers, sellers, landlords, and tenants in transactions for office, retail, industrial, land, and investment properties. Commission structures typically follow industry standards for commercial real estate brokerage.
2. Property Management Referral: Full-service property management is provided through Bender Midwest Properties, the company's sister company, suggesting a referral or affiliated business relationship.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Bender Commercial provides commercial real estate brokerage, investment advisory, and consulting services for the South Dakota market. The firm represents buyers, sellers, landlords, and tenants in the acquisition, disposition, and leasing of office, retail, industrial, land, and investment properties, complemented by property management delivered through its sister company Bender Midwest Properties.

Product overview

Bender Commercial Real Estate Services operates as a commercial real estate brokerage firm offering an integrated suite of services. The core offering consists of Brokerage Services (buying, selling, and leasing commercial properties), Investment Services (advisory, asset management, and transaction support), Consulting Services (corporate portfolio management and optimization), and Property Management through its sister company Bender Midwest Properties. Supporting these is a Market Research division producing annual and mid-year market outlook reports, and a Commercial Property Listings Database accessible to clients. The company specializes in office, retail, industrial, land, and multi-family properties across South Dakota.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage Services Commercial real estate brokerage services for buying, selling, and leasing office, retail, industrial, land, and investment properties, including market analysis, financial modeling, cost scenarios, demographics reports, competitive assessments, and 1031 tax-deferred exchanges.
• Investment Services Investment advisory and transaction services for commercial real estate, including property price opinions, inspections, expense review, internal rate of return calculations, strategic asset management, market research, asset disposition, leasing, loan restructuring, debt/equity placement, and court-appointed receivership.
• Consulting Services Corporate real estate portfolio management and consulting, including portfolio optimization, streamlined practices, operational efficiency, custom solutions, property inspections, tax protests, lease administration, expense administration, and day-to-day property management support.
• Property Management Full-service property management delivered through sister company Bender Midwest Properties, providing personalized residential and commercial property management including leasing, maintenance, and financial services in the Sioux Falls area.
• Market Research and Outlook Reports Annual and mid-year market outlook reports providing analysis of Sioux Falls commercial real estate trends across office, industrial, retail, land, multi-family, and investment sectors, including market data, forecasts, and economic landscape analysis.
• Commercial Property Listings Database Online searchable database of 236 commercial properties available for sale or lease across South Dakota, including land, office, retail, industrial, multi-family, and investment properties with detailed property information, pricing, and broker contacts.

Named customers16 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Bender Midwest PropertiescoreStrategic or Co-development Partner · 1 January 1998Bender Midwest Properties is a sister company founded in 1998 that provides full-service property management. While Bender Commercial focuses on brokerage and investment services, property management is handled through this affiliated company. Services include residential and commercial property management, leasing, maintenance, and financial services for property owners and residents in the Sioux Falls area.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Colliers International: Global commercial real estate services firm offering brokerage, investment advisory, and property management across office, retail, industrial, and land. Overlapping with Bender across all core service lines and property types, though operating at vastly larger scale and geographic breadth.
• CBRE Group: World's largest commercial real estate services and investment firm with full-service brokerage, capital markets, and property management. Directly comparable service mix (brokerage, investment, consulting, property management) and property-type coverage.
• Cushman & Wakefield: Global commercial real estate services firm providing brokerage, investment, valuation, and consulting across office, retail, industrial, and land. Same service-line architecture as Bender at global scale.
• JLL (Jones Lang LaSalle): Global real estate services firm offering brokerage, investment management, and property management. Comparable full-service CRE platform and institutional client relationships to Bender at enterprise scale.
• Newmark Group: Full-service commercial real estate advisory firm with capital markets, leasing, and investment sales. Overlaps with Bender on brokerage and investment services for office, retail, and industrial.
• Marcus & Millichap: Commercial real estate investment sales specialist covering office, retail, industrial, and multifamily. Comparable to Bender's investment sales and brokerage services, particularly for middle-market transactions.
• Avison Young: Global commercial real estate services firm offering brokerage, investment, and consulting across office, retail, industrial, and land. Comparable service mix to Bender with mid-market enterprise focus.

Direct peers

• NAI Global: Global network of independently owned commercial real estate brokerages serving local and regional markets. Most directly comparable to Bender's regional full-service brokerage model, especially in secondary Midwest metros.
• SVN International: Franchise network of commercial real estate advisory firms focused on investment sales, leasing, and property management across secondary and tertiary markets. Closely matches Bender's regional brokerage-plus-investment positioning.
• Lee & Associates: North American commercial real estate brokerage firm owned by its brokers, offering brokerage, investment, and property management across office, industrial, retail, and land. Strong structural similarity to Bender's broker-owned, regionally focused model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/benderco
• Facebookfacebook.com/BenderCommercialRealEstateServices
• LinkedInlinkedin.com/company/bender-commercial-real-estate-services

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

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 Bender Commercial