AP Commercial

What AP Commercial does

AP Commercial, Inc. is a privately held commercial real estate property management firm headquartered in Sugar Land, Texas (Houston metropolitan area). Founded in 2013 when CEO Mark T. Gregory acquired the Commercial Division of Asset Plus Corporation, the company manages a portfolio of 63 properties totaling 3.065 million square feet across nine U.S. states, with an aggregate asset value of approximately $325 million spanning office, retail, industrial, and medical property types. The company serves institutional investors, corporate property owners, private investors, and tenant-in-common investors with full-service management, project leasing, asset management, investment advisory, and tenant representation services.

The firm's core technology is conventional commercial property management infrastructure, augmented by a preventative maintenance program with an in-house maintenance branch and a portfolio-wide bidding strategy that aggregates purchasing power across the managed portfolio to deliver reported 25-30% savings on insurance and over 30% on utilities. Supporting operations include detailed monthly financial reporting, vendor management, and energy contract analysis, with the latter credited for resilience during prior market disruptions including Hurricanes Katrina and Rita. The company does not disclose proprietary software platforms or technology differentiators beyond operational process and scale-based cost leverage.

AP Commercial generates revenue through three streams: recurring property management fees on managed assets, transaction-based leasing and brokerage commissions, and asset management fees for systematic monitoring, maintenance, and disposition oversight. Pricing is quote-based and tailored to individual property and portfolio requirements rather than published tiers. The go-to-market model is sales-led and relationship-driven, relying on direct outreach, industry referrals, and CEO-level involvement in major accounts. Customer acquisition is concentrated in the Houston CRE market, though the managed portfolio extends across nine states.

Name

AP Commercial

Legal name

AP Commercial, Inc.

Website

https://apcommercialinc.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

AP Commercial, Inc. is a privately held Houston-area commercial real estate property management firm managing 63 properties totaling 3.065 million square feet across nine U.S. states, serving institutional, corporate, and private property owners with full-service management, leasing, and asset management.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

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, Infrastructure

Revenue model

1. Property Management Fees: Ongoing property management services including financial reporting, vendor management, maintenance, and tenant relations for commercial properties.
2. Leasing and Brokerage Commissions: Leasing and brokerage services including marketing, property tours, lease negotiations, and tenant relations. Earns commissions on lease transactions.
3. Asset Management Services: Customized services monitoring and maintaining property assets using systematic processes for operating, maintaining, upgrading, and disposing of assets.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

AP Commercial provides full-service commercial property management, project leasing, asset management, investment advisory, tenant representation, and leasing/brokerage services for owners of office, retail, industrial, and medical properties. The firm manages a 63-property, 3.065 million square foot portfolio across 9 U.S. states and supports owners with financial reporting, vendor management, preventative maintenance via an in-house maintenance branch, and cost containment through a portfolio-wide bidding strategy.

Product overview

AP Commercial is a unified commercial property management platform offering integrated services including Property Management, Project Leasing, Asset Management, Investment Services, Tenant Representation, and Leasing/Brokerage. Supporting services include Financial Reporting, Vendor Management, and Preventative Maintenance. The company manages a portfolio of 63 properties totaling 3.065 million square feet across office, retail, industrial, and medical properties valued at approximately $325 million in 9 states.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Full-service commercial property management including property inspection, tenant screening, rent collection, financial reporting, vendor management, and maintenance for office, retail, industrial, and medical properties. Designed for owners seeking comprehensive day-to-day oversight of commercial real estate assets.
• Project Leasing Comprehensive leasing services covering advertising, marketing, property tours, lease negotiations with emphasis on tenant retention, and prospective tenant relations for commercial spaces. Designed for owners of office, retail, industrial, and medical properties seeking to lease vacant space.
• Asset Management Customized services monitoring and maintaining properties/assets using systematic processes for operating, maintaining, upgrading, and disposing of assets cost-effectively. Designed for institutional and corporate owners seeking strategic oversight of commercial real estate assets.
• Investment Services Full-service property management and investment advisory including tenant selection, vetting, rent management, and tenant relationship management for commercial property investors. Designed for investors seeking advisory and operational support across commercial real estate holdings.
• Tenant Representation Specialized representation services for tenants seeking office, retail, restaurant, and industrial real estate spaces, including detailed reporting and market expertise. Designed for tenants and occupiers navigating commercial lease transactions.
• Leasing/Brokerage Services In-house leasing and brokerage services maintaining partnerships with area brokerage companies, handling all marketing, property tours, lease negotiations, and tenant cultivation. Designed for owners wanting lease execution through a brokerage arrangement.
• Financial Reporting Detailed monthly financial reporting providing income and expense summaries, enabling owners to easily view the financial position of their assets. Designed for property owners requiring transparent visibility into asset financial performance.
• Vendor Management Complete vendor communication handling including issuing orders, inspecting products and services, and negotiating prices for goods and services. Designed for owners seeking centralized vendor oversight and price negotiation.
• Preventative Maintenance Long-range planning services making small repairs before they become expensive problems, leveraging an in-house maintenance branch. Designed for owners seeking cost-efficient upkeep and reduced long-term repair expenses.

Quantifiable outcome

• 25-30% savings on insurance through portfolio bidding
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Transwestern: Houston-headquartered commercial real estate firm offering property management, leasing, and asset management services across office, industrial, and retail. Direct regional peer with overlapping service lines and similar mid-market institutional client focus in Texas.
• Stream Realty Partners: Texas-based commercial real estate services firm providing property management, leasing, and tenant representation across office, industrial, retail, and healthcare. Comparable regional peer with similar service breadth and institutional/private owner client mix.
• NAI Global: Global network of independently owned commercial real estate firms offering property management, brokerage, and tenant representation. Comparable to AP Commercial as a relationship-driven, owner-focused property manager serving institutional and private investors.

Broad incumbents

• CBRE Group: World's largest commercial real estate services firm offering property management, investment sales, leasing, and asset management. Overlaps broadly with AP Commercial's service mix but at vastly larger scale with institutional-grade technology and capital.
• JLL (Jones Lang LaSalle): Global professional services firm specializing in real estate and investment management, including property management, leasing, and tenant representation. Competes for the same institutional and corporate property management mandates as AP Commercial at the enterprise tier.
• Cushman & Wakefield: Global commercial real estate services firm with property management, facilities services, leasing, and capital markets offerings. Directly competes for institutional property management contracts but operates at significantly larger scale.
• Colliers International: Global commercial real estate services and investment firm with property management, brokerage, and project management capabilities. Comparable service set to AP Commercial across office, retail, industrial, and healthcare property types.
• Newmark Group: Full-service commercial real estate advisory firm offering property management, leasing, and capital markets services. Competes for institutional owner mandates that AP Commercial also targets, particularly in office and industrial sectors.
• Avison Young: Global commercial real estate services firm providing property management, transaction management, and tenant representation. Mid-market institutional peer with similar owner-focused service orientation.
• Lincoln Property Company: Large diversified real estate firm with third-party property management, leasing, and tenant representation services across office, industrial, retail, and multifamily. Comparable service stack to AP Commercial at materially larger scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/APCommercialInc
• LinkedInlinkedin.com/company/apcommercial

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 AP Commercial