Eastern Retail Properties
Eastern Retail Properties is a full-service commercial real estate brokerage founded in 2006, headquartered in Braintree, MA, that provides tenant representation, landlord representation, project leasing, and retail land development services to retailers, restaurants, and property owners across the six New England states.
- Company typePrivate
- Founded2006
- HeadquartersBraintree, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Eastern Retail Properties does
Eastern Retail Properties is a privately held, full-service commercial real estate brokerage founded in 2006 and headquartered in Braintree, Massachusetts. The firm operates across the six New England states — Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont — with an expanding footprint into upstate New York. Its service portfolio is organized around four core lines: Retail Land Development, Tenant Representation, Project Leasing, and Landlord Representation, supported by an online property listings platform covering both retail and office/industrial assets (over 60 visible active listings) and in-house research services (demographic analysis, aerial mapping, trade area maps, site plans).
The firm serves three primary customer segments: national and regional retailers and restaurant chains seeking expansion sites (including Verizon, Starbucks, Chick-fil-A, BJ's Wholesale Club, PetSmart, Texas Roadhouse, Citizens Bank, and Primrose Schools); retail landlords and developers seeking tenant placement and lease-up services; and retail land developers requiring site selection, entitlement, and development management. The underlying technology stack consists of state-of-the-art demographic and mapping software, in-house high-resolution printers for aerials and trade maps, and an aerial mapping system providing market overviews of New England and upstate New York — all operated as a traditional CRE research toolkit rather than a software platform.
ERP earns revenue through transaction-based brokerage commissions on tenant representation deals, landlord leasing, project leasing, and development mandates, with no disclosed retainer, subscription, or SaaS pricing model. Go-to-market is sales-led via direct broker-client relationships, supported by a comprehensive website serving as both a marketing and self-serve property search tool, an email newsletter, and ICSC industry affiliations. The firm has no institutional investors, no parent company, and no public listing; ownership is implied to be founder/management controlled, with President Michael Hotarek leading the firm since its 2006 founding.
Eastern Retail Properties firmographics
Firmographics- Name
- Eastern Retail Properties
- Legal name
- Eastern Retail Properties
- Website
- https://easternretail.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Eastern Retail Properties is a full-service commercial real estate brokerage founded in 2006, headquartered in Braintree, MA, that provides tenant representation, landlord representation, project leasing, and retail land development services to retailers, restaurants, and property owners across the six New England states.
- Ownership category
- akta.pro rank
Eastern Retail Properties industry classification
Industry- Product category
- Commercial Real Estate Brokerage
- akta.pro primary industry
- Retail Brokerage (BPAJABAB)
- akta.pro secondary industries
- Retail Tenant Representation (BPAJALAB), Retail Property Management (BPAJAGAB)
Keywords
Where Eastern Retail Properties is headquartered
LocationHeadquarters
- HQ city
- Braintree
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Eastern Retail Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Tenant Representation: Brokerage services representing tenants in commercial real estate transactions, helping retailers find suitable retail space.
- Landlord Representation: Brokerage services representing property owners and developers in leasing their commercial properties.
- Project Leasing: Leasing services for retail development projects, including new construction and redevelopment.
- Retail Land Development: Development services for retail land projects including site selection, entitlement, and construction coordination.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Eastern Retail Properties product offering
Product offeringCore offering
Eastern Retail Properties is a full-service commercial real estate firm offering four core service lines: Retail Land Development, Tenant Representation, Project Leasing, and Landlord Representation. The firm represents retailers seeking space and landlords/developers seeking tenants across six New England states, supporting engagements with in-house demographic analysis, aerial mapping, and trade area mapping capabilities.
Product overview
Eastern Retail Properties is a full-service commercial real estate firm operating as a single integrated platform offering retail land development, tenant representation, project leasing, and landlord representation services. The company combines in-house marketing and technology capabilities with hands-on service to connect New England retailers, developers, and landlords. The core offering includes property listing platforms for retail and office/industrial spaces across six New England states, supported by research services (demographic & mapping software, aerial mapping, demographic reports, and trade area maps) that enable data-driven site selection and market analysis. The company does not operate a modular software platform but rather provides traditional commercial real estate brokerage and advisory services.
Differentiator
Problem solved
Functional benefit
Products and services
- Tenant Representation
- Landlord Representation
- Project Leasing
- Retail Land Development
- Research Services
- Retail Property Listings
- Office/Industrial Property Listings
Companies that use Eastern Retail Properties
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles3 records
Eastern Retail Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Eastern Retail Properties partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Eastern Retail Properties competitors and assessment
Company assessmentDirect peers
- SRS Real Estate Partners: National retail-focused commercial real estate firm offering tenant representation, landlord representation, and project leasing. Comparable to ERP in service mix but operates at significantly greater national scale, providing a benchmark for ERP's growth trajectory.
- Atlantic Retail Properties: Northeast-focused retail commercial real estate firm and former employer of multiple ERP brokers (Hotarek, Menty). Direct peer offering similar tenant representation and project leasing services in overlapping New England and mid-Atlantic markets.
Broad incumbents
- Newmark Group: Public commercial real estate services firm with retail leasing, investment sales, and advisory capabilities. Comparable in offering retail brokerage services but operates nationally across all asset classes and serves enterprise clients at a much larger scale.
- CBRE Group: Largest global commercial real estate services firm with retail tenant representation, landlord leasing, and capital markets capabilities. Multiple ERP team members previously worked at CBRE-NE, indicating direct talent flow and competitive overlap in the New England market.
- Marcus & Millichap: National commercial real estate investment sales and leasing firm with retail specialization. Comparable in retail brokerage focus but with investment sales emphasis and significantly broader geographic reach.
- Cushman & Wakefield: Global commercial real estate services firm offering retail leasing, tenant representation, and property management. Competes with ERP for enterprise retail mandates in New England with substantially greater resources and global reach.
- JLL (Jones Lang LaSalle): Global commercial real estate services firm with retail brokerage and tenant representation practices. Competes with ERP for large enterprise retail mandates and has the scale advantages of a major global platform.
- Colliers International: Global commercial real estate services firm with retail tenant representation and project leasing. Competes with ERP for retail enterprise clients in the Northeast with broader service capabilities and international reach.
Regional players
- The Dartmouth Company: New England-based retail commercial real estate firm offering tenant representation, project leasing, and investment sales. Highly comparable regional peer, with prior employment of ERP broker Vin Albanese, indicating direct competitive overlap in the same submarkets.
Emerging players
- Retail Brokers Network: Network of independent retail commercial real estate brokerages collaborating on multi-market mandates. Comparable in retail specialization and independent operating model, though operates as a network rather than a single firm.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Eastern Retail Properties social profiles
Digital presenceEastern Retail Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eastern Retail Properties leadership team
Management profileNumber of profiles
Profiles10 records
Eastern Retail Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eastern Retail Properties 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 Eastern Retail Properties
What does Eastern Retail Properties do?
Eastern Retail Properties is a full-service commercial real estate firm offering four core service lines: Retail Land Development, Tenant Representation, Project Leasing, and Landlord Representation. The firm represents retailers seeking space and landlords/developers seeking tenants across six New England states, supporting engagements with in-house demographic analysis, aerial mapping, and trade area mapping capabilities.
Is Eastern Retail Properties a public or private company?
Eastern Retail Properties is a private company. It is classified as unknown and is currently operating.
When was Eastern Retail Properties founded?
Eastern Retail Properties was founded in 2006. It employs 51 to 100 people.
Where is Eastern Retail Properties based?
Eastern Retail Properties is headquartered in Braintree, United States, in the North America region.
How does Eastern Retail Properties make money?
Four revenue lines are on record. Tenant Representation is the primary driver. The others are landlord Representation, project Leasing and retail Land Development.
Who are Eastern Retail Properties's main competitors?
Direct peers on record are SRS Real Estate Partners and Atlantic Retail Properties. Broad incumbents are Newmark Group, CBRE Group, Marcus & Millichap, Cushman & Wakefield, JLL (Jones Lang LaSalle) and Colliers International. The Dartmouth Company is listed as a regional player. Retail Brokers Network is listed as an emerging player.
Does Eastern Retail Properties have an API?
No public API is recorded for Eastern Retail Properties.
What industry is Eastern Retail Properties in?
Eastern Retail Properties's product category is Commercial Real Estate Brokerage. Its primary akta.pro industry code is BPAJABAB, Retail Brokerage, with a secondary code of BPAJALAB, Retail Tenant Representation.