The Colebrook Group
Colebrook Realty Services is a Springfield, Massachusetts-based full-service commercial real estate firm offering brokerage, property management, tenant representation, asset management, and consulting to institutional, corporate, and individual clients across Western Massachusetts and Northern Connecticut.
- Company typePrivate
- Founded1973
- HeadquartersSpringfield, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What The Colebrook Group does
The Colebrook Group, operating through Colebrook Realty Services, Inc., is a full-service commercial real estate firm headquartered at 1441 Main Street, Springfield, Massachusetts, serving institutional, corporate, and individual clients across Western Massachusetts and Northern Connecticut, with broker licensing extending into New York. Founded in 1973 as the real estate arm of SIS Bank and independently owned since 1988, the firm offers an integrated service platform spanning brokerage, property management, tenant representation, asset management, development consulting, and general real estate advisory. Its brokerage division, launched in 1987, has completed over 3,000 transactions, while the firm manages approximately 2.5 million square feet of commercial property and has participated in the development of more than 5 million square feet of commercial projects over 30 years. The firm serves a diversified client base including Fortune 100 firms, life sciences companies (e.g., MilliporeSigma), cannabis operators (e.g., Green Thumb Industries), financial institutions, manufacturers, and municipal governments such as the City of Springfield.
The firm monetizes across multiple revenue streams: transaction-based brokerage commissions on commercial sales and leases, ongoing property management fees on managed square footage, tenant representation fees, and professional-services fees for asset management, development consulting, and advisory engagements. Property management operations run on MRI Software, an established third-party platform for accounting and operational reporting; Colebrook does not develop proprietary technology. Pricing is transaction-specific and quote-based, with no public pricing tiers. The go-to-market is primarily direct field sales through a team of licensed agents, supplemented by a website-driven lead generation channel featuring property listings, advanced search, saved-search alerts, and educational content, plus referrals from 50+ years of institutional client relationships. Customers include a mix of enterprise (Fortune 100), mid-market, and individual clients across office, industrial, retail, medical, land, and mixed-use property types.
Colebrook is privately held with no disclosed funding rounds, parent company, or public ticker. The leadership team comprises B. John Dill (Principal/President), Kevin Morin (Principal/Executive Vice President, overseeing property management since 1986), and Mitch Bolotin (Principal/Vice President), supported by additional licensed brokers. The firm operates a single headquarters location in Springfield and relies on its regional talent base and accumulated transaction data as primary sources of competitive differentiation rather than proprietary technology or AI capabilities.
The Colebrook Group firmographics
Firmographics- Name
- The Colebrook Group
- Legal name
- Colebrook Realty Services, Inc.
- Website
- https://colebrookrealty.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Colebrook Realty Services is a Springfield, Massachusetts-based full-service commercial real estate firm offering brokerage, property management, tenant representation, asset management, and consulting to institutional, corporate, and individual clients across Western Massachusetts and Northern Connecticut.
- Ownership category
- akta.pro rank
The Colebrook Group industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industries
- Tenant Representation & Corporate Services Brokerage (BPAJABAJ), Investment Sales Brokerage (BPAJABAI), Property Management Advisory & Leasing Administration (FSAEAJAN)
Keywords
Where The Colebrook Group is headquartered
LocationHeadquarters
- HQ city
- Springfield
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Colebrook Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Brokerage Commissions: Colebrook earns transaction-based commissions on commercial property sales and leases, representing both property owners/landlords and tenants/buyers. The firm has brokered millions of square feet in over 3,000+ transactions since 1987.
- Property Management Fees: Ongoing property management fees for managing approximately 2.5 million square feet of commercial space across Massachusetts and Connecticut. Services include lease administration, maintenance programs, vendor management, utilities purchasing, regulatory compliance, parking control, disaster response, security, and tax and insurance-related services.
- Tenant Representation: Fees earned for representing tenants and buyers in commercial real estate transactions, helping businesses find and lease commercial spaces, negotiate lease terms, and secure optimal locations.
- Asset Management & Consulting: Fees for comprehensive asset management strategy enabling clients to maximize the value of commercial real estate assets, including development consulting, commercial real estate development, investment acquisition, disposition, portfolio management, and financing advisory.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
The Colebrook Group product offering
Product offeringCore offering
Colebrook Realty Services is a full-service commercial real estate firm that delivers brokerage (sales and leasing of office, industrial, retail, medical, and land), property management for approximately 2.5 million square feet of commercial space, tenant representation, asset management and consulting, and development services. Offerings are tailored to institutional, corporate, and individual property owners and tenants throughout Western Massachusetts and Northern Connecticut.
Product overview
Colebrook Realty Services operates as a full-service commercial real estate firm offering a unified portfolio of integrated services rather than a single software product. The core service line includes Brokerage Services, Property Management (managing approximately 2.5 million square feet), Tenant Representation, Asset Management & Consulting, Development Services, and Real Estate & Construction Consulting. These services are delivered as consultative offerings by a team of licensed professionals across Massachusetts, Connecticut, and New York, serving institutional, corporate, and individual clients throughout Western New England and Northern Connecticut. The company does not offer a SaaS platform, API, or software product, but rather human-delivered real estate advisory and transaction services.
Differentiator
Problem solved
Functional benefit
Products and services
- Brokerage Services Full-service commercial real estate brokerage covering office, industrial, retail, medical office, and land transactions, with expertise spanning dispositions, acquisitions, and complex assemblages for clients ranging from Fortune 100 firms to local institutions and individuals.
- Property Management Comprehensive property management services covering approximately 2.5 million square feet of Class A, mixed-use, retail, office, industrial, and medical properties, delivering financial reporting, maintenance, lease administration, vendor management, utilities purchasing, regulatory compliance, parking control, disaster response, security, and tax/insurance-related services using MRI Software.
- Tenant Representation Advocacy and advisory services for businesses seeking commercial space, leveraging a comprehensive database of market availabilities to match tenant requirements with optimal property solutions, including commercial space search, lease negotiation, and relocation assistance.
- Asset Management & Consulting Strategic asset management and consulting services aimed at maximizing the value of commercial real estate portfolios through development consulting, commercial real estate development, investment acquisition, disposition, portfolio management, and financing advisory.
- Development Services Development consulting leveraging over 5 million square feet of commercial project experience, including Class A office, retail, medical, and industrial properties developed for own account and in partnership with other developers, covering ground-up construction, adaptive reuse, mixed-use redevelopment, and site assemblage.
- Real Estate & Construction Consulting Advisory services drawing on decades of development, ownership, and portfolio management experience to provide practical guidance on real estate challenges and market opportunities.
Quantifiable outcome
- 3,000+ transactions brokered since 1987
- +3 more outcomes
Companies that use The Colebrook Group
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles5 records
The Colebrook Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
The Colebrook Group partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights4 records
The Colebrook Group competitors and assessment
Company assessmentBroad incumbents
- Avison Young: Avison Young is a global commercial real estate services firm offering investment sales, leasing, and property management with strong secondary market presence. It competes with Colebrook for institutional and corporate mandates in regional markets.
- CBRE Group: CBRE is the world's largest commercial real estate services firm, offering investment sales, leasing, property management, and advisory across all major markets. It is a broad incumbent competing with Colebrook for institutional mandates in secondary markets like Western Massachusetts.
- Newmark Group: Newmark provides commercial real estate services including investment sales, leasing, and property management, with growing presence in secondary markets. It is a comparable incumbent competing on institutional mandates.
- JLL (Jones Lang LaSalle): JLL is a global commercial real estate services firm with investment sales, leasing, property management, and capital markets capabilities. It competes with Colebrook on institutional and corporate mandates requiring multi-market execution.
- Colliers International: Colliers is a global commercial real estate services firm with investment sales, leasing, and property management. Its mid-tier positioning makes it one of the most direct broad incumbents to Colebrook, especially in secondary markets.
- Cushman & Wakefield: Cushman & Wakefield is a major global commercial real estate services firm with investment sales, leasing, valuation, and property management. Its presence in secondary markets positions it as a broad incumbent competitor to Colebrook.
Direct peers
- NAI Global: NAI Global is a network of independently owned commercial real estate firms providing brokerage, property management, and advisory. Its network model — combining local market expertise with global reach — is structurally similar to Colebrook's regional full-service platform.
- SVN International: SVN is a commercial real estate franchise organization offering investment sales, leasing, and property management through regional offices. Its mid-size, franchise-driven model closely mirrors Colebrook's regional full-service positioning.
- R.W. Holmes Realty Corporation: R.W. Holmes is a long-standing commercial real estate firm serving Greater Boston and Eastern Massachusetts with brokerage, property management, and consulting services. As a similarly sized, regional, full-service CRE firm in Massachusetts, it is one of Colebrook's closest direct competitors in the broader New England market.
- Marcus & Millichap: Marcus & Millichap is a leading investment sales brokerage specializing in commercial real estate transactions. It is a direct peer on the investment sales brokerage side of Colebrook's business, particularly for mid-market commercial property dispositions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
The Colebrook Group social profiles
Digital presenceThe Colebrook Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Colebrook Group leadership team
Management profileNumber of profiles
Profiles6 records
The Colebrook Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Colebrook Group 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 The Colebrook Group
What does The Colebrook Group do?
Colebrook Realty Services is a full-service commercial real estate firm that delivers brokerage (sales and leasing of office, industrial, retail, medical, and land), property management for approximately 2.5 million square feet of commercial space, tenant representation, asset management and consulting, and development services. Offerings are tailored to institutional, corporate, and individual property owners and tenants throughout Western Massachusetts and Northern Connecticut.
Is The Colebrook Group a public or private company?
The Colebrook Group is a private company. It is classified as management employee owned and is currently operating.
When was The Colebrook Group founded?
The Colebrook Group was founded in 1973. It employs 11 to 50 people.
Where is The Colebrook Group based?
The Colebrook Group is headquartered in Springfield, United States, in the North America region.
How does The Colebrook Group make money?
Four revenue lines are on record. Brokerage Commissions are the primary driver. The others are property Management Fees, tenant Representation and asset Management & Consulting.
Who are The Colebrook Group's main competitors?
Broad incumbents on record are Avison Young, CBRE Group, Newmark Group, JLL (Jones Lang LaSalle), Colliers International and Cushman & Wakefield. Direct peers are NAI Global, SVN International, R.W. Holmes Realty Corporation and Marcus & Millichap.
Does The Colebrook Group have an API?
No public API is recorded for The Colebrook Group.
What industry is The Colebrook Group in?
The Colebrook Group's product category is Commercial Real Estate Services. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAJ, Tenant Representation & Corporate Services Brokerage. Its NAICS code is 5312 and its SIC code is 6531.