Blue & Obrecht Realty
Blue & Obrecht Realty is a privately-held, full-service commercial real estate firm based in Lutherville Timonium, Maryland, providing brokerage, property management, construction, and development services to Fortune 500, healthcare, retail, and mid-market clients across the Baltimore metropolitan area through its CORFAC International alliance.
- Company typePrivate
- Founded2000
- HeadquartersLutherville Timonium, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Blue & Obrecht Realty does
Blue & Obrecht Realty, LLC is a privately-held, full-service commercial real estate firm founded in May 2000 and headquartered in Lutherville Timonium, Maryland. The firm provides brokerage (landlord and tenant representation, acquisition and disposition), property management (covering more than 3 million square feet of retail, office, flex, and warehouse space), construction management, and development services. Construction and development work is delivered in conjunction with the affiliated Obrecht Properties entity, which brings three generations of experience building more than 10 million square feet of office, warehouse, and retail space.
The firm serves a diverse client base across the Baltimore metropolitan area, including Fortune 500 corporations relocating headquarters or seeking industrial space (UPS, CBS Radio, Sinclair Broadcasting, Walgreens), healthcare systems and medical practices (LifeBridge Health, MedStar Franklin Square, Johns Hopkins Community Physicians, Chesapeake Urology Associates, Northwest Hospital), investors, and small to mid-sized businesses. Since 2000, the firm has negotiated over 1,400 deals representing more than 23 million square feet and nearly $1.2 billion in transaction value. As a member of CORFAC International, the firm extends its reach across 65 countries through a network alliance of independent commercial real estate firms.
The firm operates on a transaction-fee and managed-services revenue model with custom quote-based pricing tied to property size, scope, and transaction type. Go-to-market is sales-led and relationship-driven, executed through a team of approximately ten professionals including brokers, principals, and administrative staff. Distribution combines direct brokerage engagement with property listings surfaced through CoStar and brand presence on LinkedIn, Facebook, and Instagram. The firm uses no proprietary technology platform, AI, or software products; its competitive position rests on local market knowledge, multi-decade client relationships, and integrated service capability spanning brokerage through development. In May 2025, leadership transitioned with Edward P. (Ned) Brady, III succeeding co-founder Richard F. Blue, Jr. as President, and Eric Skogmo joining as Vice President, both recruited from Lee & Associates.
Blue & Obrecht Realty firmographics
Firmographics- Name
- Blue & Obrecht Realty
- Legal name
- Blue & Obrecht Realty, LLC
- Website
- https://blueobrecht.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Blue & Obrecht Realty is a privately-held, full-service commercial real estate firm based in Lutherville Timonium, Maryland, providing brokerage, property management, construction, and development services to Fortune 500, healthcare, retail, and mid-market clients across the Baltimore metropolitan area through its CORFAC International alliance.
- Ownership category
- akta.pro rank
Blue & Obrecht Realty industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- 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)
Keywords
Where Blue & Obrecht Realty is headquartered
LocationHeadquarters
- HQ city
- Lutherville Timonium
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Blue & Obrecht Realty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Brokerage/Commission Revenue: Transaction-based revenue from buying, selling, and leasing commercial properties. Represents clients in landlord and tenant representation, property acquisition and disposition.
- Property Management Fees: Ongoing property management services for retail, office, flex and warehouse space. Current portfolio exceeds 3 million square feet.
- Construction Management Services: Construction management services including project development, design coordination, budgeting, bidding, value engineering, scheduling, permitting, and project management.
- Development Services: Comprehensive development services from site acquisition through occupancy, including planning, zoning, permitting, design management, construction management, and tenant fit-out.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quote-based commercial real estate services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Blue & Obrecht Realty product offering
Product offeringCore offering
Blue & Obrecht Realty is a full-service commercial real estate firm offering brokerage, property management, construction, and development services. The company represents buyers, sellers, landlords, and tenants across office, retail, industrial/flex, and warehouse properties, with a managed portfolio exceeding 3 million square feet and over 1,400 transactions completed since 2000.
Product overview
Blue & Obrecht Realty is a full-service commercial real estate firm offering a unified suite of services rather than a modular software product. The core offerings include Brokerage (leasing and sales, landlord representation, and tenant representation), Property Management (managing over 3 million square feet), Construction (through affiliated Obrecht Properties), and Development. These services work together to provide end-to-end commercial real estate solutions from property identification through transaction execution and ongoing management.
Differentiator
Problem solved
Functional benefit
Products and services
- Leasing and Sales Brokerage Commercial real estate leasing and sales services for office, retail, industrial, and warehouse properties, including tenant and landlord representation. For buyers, sellers, landlords, and tenants seeking transaction support across the Baltimore metropolitan area.
- Landlord Representation Analysis of properties or portfolios to create comprehensive plans to maximize investment value, with market trend analysis and representation during lease or sale transactions. Targets commercial property owners and investors.
- Tenant Representation Guidance through leasing and sale processes including situation analysis, space requirements definition, market and financial analyses, site surveys, and lease term negotiation. Targets businesses seeking commercial space.
- Property Management Property management services covering more than 3 million square feet of retail, office, flex, and warehouse space, with hands-on daily operations and maintenance expertise. Targets owners of commercial properties.
- Construction Management Construction management services delivered through Obrecht Properties offering new building development, tenant improvements, additions, and exterior modifications, including project development, design coordination, budgeting, bidding, value engineering, scheduling, permitting, and project management. Targets commercial property owners, tenants, and developers.
- Real Estate Development Comprehensive commercial real estate development services from site acquisition through occupancy, including planning, zoning, permitting, design management, construction management, and tenant fit-out. Targets developers, investors, and end-users with development needs.
Quantifiable outcome
- Over 1,400 deals negotiated representing over 23 million square feet of space for a transaction value of nearly $1.2B since 2000
Companies that use Blue & Obrecht Realty
Customer profileNamed customers19 records
Segments5 records
Ideal customer profiles4 records
Blue & Obrecht Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Blue & Obrecht Realty partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CORFAC InternationalcoreBlue & Obrecht Realty operates as a member of CORFAC International (Corporate Facility Advisors), an alliance of entrepreneurial commercial real estate firms. This strategic partnership provides market reach in 65 countries worldwide, enabling the firm to deliver quality and experienced service locally, nationally, and internationally.
Scale indicators7 records
Recent moves5 records
Expansion highlights3 records
Blue & Obrecht Realty competitors and assessment
Company assessmentRegional players
- Scheer Partners: DC-metro commercial real estate firm focused on office, industrial, and investment sales. Comparable service mix and serves enterprise tenants, with geographic overlap in the Mid-Atlantic healthcare and office markets.
- Merritt Properties: Baltimore-based owner, developer, and manager of office and industrial real estate. Competes with Blue & Obrecht for industrial/flex landlord representation and property management mandates in the same geography.
- MACKENZIE | Retail: Mid-Atlantic retail-specialized commercial real estate firm under the MacKenzie umbrella. Comparable landlord and tenant representation work in the regional retail subsegment Blue & Obrecht also serves.
Broad incumbents
- Cushman & Wakefield: Global CRE services firm, also a former employer of Blue & Obrecht's new president. Overlaps in brokerage, property management, and valuation/advisory work for similar enterprise clients.
- CBRE Group: Global commercial real estate services giant and former employer of Blue & Obrecht's new president. Competes for large enterprise mandates and institutional investor business that Blue & Obrecht also targets via CORFAC.
Direct peers
- Harvey Lindsay Commercial Real Estate: Baltimore-based commercial real estate firm providing sales, leasing, and property management for office, industrial, and retail. Competes for the same regional tenant and landlord clients.
- The Rommel Companies: Maryland-based full-service commercial real estate firm offering brokerage, property management, development, and construction — directly comparable integrated service stack.
- MacKenzie Commercial Real Estate Services: Baltimore-area full-service commercial real estate firm offering brokerage, property management, and consulting. Direct competitor for the same enterprise, investor, and SMB clients in the Maryland market.
- NAI KLNB: Mid-Atlantic commercial real estate brokerage and property management firm serving the Baltimore/DC corridor with similar full-service capabilities including tenant and landlord representation.
- Lee & Associates: National commercial real estate brokerage firm from which Blue & Obrecht's new president and VP were hired. Comparable service offering in brokerage and landlord/tenant representation across similar property types.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Blue & Obrecht Realty social profiles
Digital presenceBlue & Obrecht Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blue & Obrecht Realty leadership team
Management profileNumber of profiles
Profiles10 records
Blue & Obrecht Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blue & Obrecht Realty 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 Blue & Obrecht Realty
What does Blue & Obrecht Realty do?
Blue & Obrecht Realty is a full-service commercial real estate firm offering brokerage, property management, construction, and development services. The company represents buyers, sellers, landlords, and tenants across office, retail, industrial/flex, and warehouse properties, with a managed portfolio exceeding 3 million square feet and over 1,400 transactions completed since 2000.
Is Blue & Obrecht Realty a public or private company?
Blue & Obrecht Realty is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Blue & Obrecht Realty founded?
Blue & Obrecht Realty was founded in 2000. It employs 11 to 50 people.
Where is Blue & Obrecht Realty based?
Blue & Obrecht Realty is headquartered in Lutherville Timonium, United States, in the North America region.
How does Blue & Obrecht Realty make money?
Four revenue lines are on record. Brokerage/Commission Revenue is the primary driver. The others are property Management Fees, construction Management Services and development Services.
Who are Blue & Obrecht Realty's main competitors?
Regional players on record are Scheer Partners, Merritt Properties and MACKENZIE | Retail. Broad incumbents are Cushman & Wakefield and CBRE Group. Direct peers are Harvey Lindsay Commercial Real Estate, The Rommel Companies, MacKenzie Commercial Real Estate Services, NAI KLNB and Lee & Associates.
Does Blue & Obrecht Realty have an API?
No public API is recorded for Blue & Obrecht Realty.
What industry is Blue & Obrecht Realty in?
Blue & Obrecht Realty'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 53121 and its SIC code is 6531.