L3 Corporation
L3 Corporation is a privately held retail commercial brokerage firm founded in 1998 in St. Louis, Missouri, providing tenant representation, landlord representation, and property acquisition/disposition services to 60+ national and regional retailers across the Midwest and broader US/Canada markets.
- Company typePrivate
- Founded1998
- HeadquartersSaint Louis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What L3 Corporation does
L3 Corporation is a privately held retail commercial brokerage firm founded in 1998 and headquartered at 1401 S Brentwood Blvd Suite 475, St. Louis, Missouri. The firm specializes in three core service lines: retail tenant representation (site selection, lease negotiation, and expansion planning for national and regional retail chains), landlord representation (tenant placement and lease-up for retail property owners), and property acquisition and disposition (buying and selling retail real estate assets). Its active retailer roster exceeds 60 named clients spanning discount retail (Dollar General, pOpshelf), home improvement (The Home Depot), quick-service restaurants (McDonald's, Dunkin', Firehouse Subs, Little Caesars, Dave's Hot Chicken), specialty apparel (Macy's, Talbots, Ann Taylor, Lane Bryant, Chico's, LOFT, Soma), wireless retail (T-Mobile), pharmacy (Walgreens), automotive (Advance Auto Parts, Take 5 Oil Change), pet care (Banfield, BluePearl), and emerging categories including cannabis dispensaries, experiential entertainment, and plasma services.
L3 operates as a relationship-driven, commission-based brokerage with no proprietary technology platforms; its primary digital assets are a property listings database and a retailer criteria database hosted on l3corp.net that catalogues available retail spaces filterable by state, project type, and square footage, alongside retailer target sizes and site requirements. The firm's 11-50 employees execute transactions directly with enterprise retail and landlord clients, with dealmakers contacting clients via phone, email, and direct outreach as evidenced by broker contact information displayed on listing pages. Geographic concentration is in the Midwest (Illinois and Missouri property listings), though completed transactions span 140+ cities across the United States and Canada with cumulative volume exceeding 43,604,317 square feet since inception. Leadership comprises President & Founder Craig Wielansky, Director of Operations and Investments Andrew Leva, and Vice President Rick Spector. Revenue is generated exclusively through transaction commissions on completed retail real estate deals; specific commission rates, transaction values, and financial figures are not publicly disclosed.
L3 Corporation firmographics
Firmographics- Name
- L3 Corporation
- Legal name
- L3 Corporation
- Website
- https://l3corp.net
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- L3 Corporation is a privately held retail commercial brokerage firm founded in 1998 in St. Louis, Missouri, providing tenant representation, landlord representation, and property acquisition/disposition services to 60+ national and regional retailers across the Midwest and broader US/Canada markets.
- Ownership category
- akta.pro rank
L3 Corporation industry classification
Industry- Product category
- Commercial Real Estate Brokerage Services
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Tenant Representation & Corporate Services Brokerage (BPAJABAJ)
Keywords
Where L3 Corporation is headquartered
LocationHeadquarters
- HQ city
- Saint Louis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
L3 Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Commercial Real Estate Brokerage Commissions: L3 Corporation generates revenue through commissions on completed commercial real estate transactions, including tenant representation assignments, landlord representation mandates, and property acquisition/disposition services. The firm specializes in retail commercial brokerage with a focus on regional and national retail tenant representation, project leasing, and asset disposition.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
L3 Corporation product offering
Product offeringCore offering
L3 Corporation is a retail commercial brokerage firm that represents retailers and property owners in commercial real estate transactions. The firm provides tenant representation (helping retailers find, lease, and negotiate sites for expansion), landlord representation (leasing retail spaces to quality tenants), and property acquisition and disposition (buying and selling retail assets). Services are concentrated in the Midwestern U.S. market, particularly Illinois and Missouri, with completed transactions spanning over 140 cities across the United States and Canada.
Product overview
L3 Corporation is a retail commercial brokerage firm offering a unified suite of services centered on retail real estate transactions. The core offerings include tenant representation (helping retailers find and secure locations), landlord representation (leasing properties to retailers), and property acquisition/disposition (buying and selling retail assets). The company operates a property listings platform that showcases available commercial spaces with filtering capabilities, and maintains a retailer database of national and regional brands with their real estate requirements. All services are concentrated in the Midwestern U.S. market, particularly Illinois and Missouri, with completed transactions spanning over 140 cities.
Differentiator
Problem solved
Functional benefit
Products and services
- Retail Tenant Representation
Quantifiable outcome
- Over 43,604,317 square feet in completed transactions
- +1 more outcomes
Companies that use L3 Corporation
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
L3 Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
L3 Corporation partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights5 records
L3 Corporation competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield: Global commercial real estate services firm with retail tenant representation and landlord leasing practices in major US markets. Comparable retail brokerage services, but at national/international scale.
- Colliers International: Global commercial real estate services and investment management firm with retail tenant representation services across the US. Overlaps on retail brokerage with broader capital markets and property management offerings.
- Newmark Group: Commercial real estate advisory and services firm providing tenant representation, landlord leasing, and capital markets services including a dedicated retail practice. Comparable service offering at institutional scale.
- CBRE Group: Global full-service commercial real estate firm offering retail tenant and landlord representation, capital markets, valuation, and consulting. Overlaps with L3 on retail tenant rep but operates at vastly larger scale with embedded technology platforms.
- JLL (Jones Lang LaSalle): Global commercial real estate services firm with a substantial retail brokerage practice providing tenant representation, project leasing, and capital markets advisory. Comparable retail CRE service line but global footprint and institutional technology stack.
- Marcus & Millichap: Large national investment sales and commercial brokerage firm with a dedicated retail division covering tenant representation, net lease investment sales, and landlord services across all US markets. Comparable service mix but much broader scale and geographic reach than L3.
Emerging players
- Retail Brokers Network: Network of independent retail commercial brokerage firms collaborating on national retail tenant and landlord representation assignments. Directly comparable retail-only focus with similar mid-market positioning to L3.
- Sperry Commercial Global Affiliates: Commercial real estate brokerage network with retail and investment sales practices in the Midwest and other US regions. Comparable boutique retail brokerage positioning with multi-region coverage.
- SVN (Commercial Real Estate Franchise): Franchised commercial real estate brokerage network with retail-focused advisors across the US. Comparable retail brokerage services delivered through a distributed advisor model rather than a single regional office.
Direct peers
- Mid-America Real Estate Corp: Retail-focused commercial brokerage firm also headquartered in the St. Louis area, serving national retailers with tenant representation, project leasing, and investment sales across the Midwest. Most direct comparable by geography and product focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
L3 Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
L3 Corporation leadership team
Management profileNumber of profiles
Profiles3 records
L3 Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
L3 Corporation 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 L3 Corporation
What does L3 Corporation do?
L3 Corporation is a retail commercial brokerage firm that represents retailers and property owners in commercial real estate transactions. The firm provides tenant representation (helping retailers find, lease, and negotiate sites for expansion), landlord representation (leasing retail spaces to quality tenants), and property acquisition and disposition (buying and selling retail assets). Services are concentrated in the Midwestern U.S. market, particularly Illinois and Missouri, with completed transactions spanning over 140 cities across the United States and Canada.
Is L3 Corporation a public or private company?
L3 Corporation is a private company. It is classified as unknown and is currently operating.
When was L3 Corporation founded?
L3 Corporation was founded in 1998. It employs 11 to 50 people.
Where is L3 Corporation based?
L3 Corporation is headquartered in Saint Louis, United States, in the North America region.
How does L3 Corporation make money?
One revenue line is on record: commercial Real Estate Brokerage Commissions.
Who are L3 Corporation's main competitors?
Broad incumbents on record are Cushman & Wakefield, Colliers International, Newmark Group, CBRE Group, JLL (Jones Lang LaSalle) and Marcus & Millichap. Emerging players are Retail Brokers Network, Sperry Commercial Global Affiliates and SVN (Commercial Real Estate Franchise). Mid-America Real Estate Corp is listed as a direct peer.
Does L3 Corporation have an API?
No public API is recorded for L3 Corporation.
What industry is L3 Corporation in?
L3 Corporation's product category is Commercial Real Estate Brokerage Services. Its primary akta.pro industry code is BPAJABAJ, Tenant Representation & Corporate Services Brokerage. Its NAICS code is 53121 and its SIC code is 6531.