What Speedway Properties does

Speedway Properties is a privately held, family-owned commercial and residential real estate firm headquartered at 340 Victory Ln, Lincoln, Nebraska. Founded in 1961 and controlled by the Smith family (Clay Smith serves as Owner and President), the company owns, develops, manages, and leases a portfolio of more than 200 properties encompassing over 5 million square feet within the Lincoln, Nebraska market. Its commercial segment serves a diverse tenant base including national retail brands, startups, local nonprofits, and publicly-traded corporations, offering office, retail, and industrial space as well as Fuse Coworking, a shared-workspace offering. Its residential segment operates four luxury apartment communities — Telegraph West, Telegraph East, Telegraph Flats, and Canopy Park — collectively comprising over 650 units, with online tenant portals for rent payment and maintenance requests.

The company runs a vertically integrated operating model, with in-house capabilities spanning ownership, ground-up development, redevelopment of older structures, commercial leasing, residential property management, facilities design, and on-site maintenance. Speedway generates revenue primarily through recurring rental income from commercial and residential leases, augmented by property management services and development/construction activity (including tenant improvements). GTM is sales-led: commercial leasing agents (Tom Gifford, Keri Bower, Lauren Cook) and residential property managers (Terra Sandusky, Brooklyn McCrystal, Tasha Klich, Cole Eggert) handle inquiries driven through the company website, phone (402.323.3100), email, and contact forms. Pricing is quote-based and not publicly listed. The company is operationally active, has no disclosed headcount figure, and has no proprietary technology platform, data product, or AI/ML capability. No funding rounds, acquisitions, or external institutional investors are disclosed; the company is closely held by the Smith family.

Name

Speedway Properties

Legal name

Speedway Properties

Website

https://speedwayproperties.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

11–50 employees

Short description

Speedway Properties is a privately held, family-owned commercial and residential real estate firm based in Lincoln, Nebraska, owning, developing, managing, and leasing 200+ properties spanning over 5 million square feet since 1961.

Ownership category

akta.pro rank

Headquarters

HQ city

Lincoln

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Property Leasing: Rental income from commercial properties including office, retail, and industrial space leased to tenants such as national retail brands, startups, nonprofits, and publicly-traded corporations in Lincoln, NE.
2. Residential Property Leasing: Rental income from residential apartment communities including Telegraph West, Telegraph East, Telegraph Flats, and Canopy Park.
3. Property Management Services: Property management services for commercial and residential properties owned by the company, including tenant relations, maintenance, and operations.
4. Development and Construction: Property development and construction services for new projects and tenant improvements, revitalizing older structures in the Lincoln market.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Speedway Properties owns, develops, manages, and leases commercial and residential real estate in Lincoln, Nebraska. The portfolio includes office, retail, and industrial commercial properties leased to national brands, startups, and nonprofits, alongside luxury and market-rate residential apartment communities and a coworking offering.

Product overview

Speedway Properties operates as a commercial and residential real estate firm offering property ownership, development, management, and leasing services. The company manages a portfolio of over 200 properties with over 5 million square feet in Lincoln, Nebraska. Its commercial segment serves diverse tenants including national retailers, startups, nonprofits, and corporations. The residential segment includes luxury apartment communities (Telegraph West, Telegraph East, Telegraph Flats, and Canopy Park) with tenant portal access, along with Fuse Coworking shared workspace. The portfolio is built on revitalizing older structures dating back to the company's founding in 1961.

Differentiator

Problem solved

Functional benefit

Products and services

• Telegraph West
• Telegraph East
• Telegraph Flats
• Canopy Park
• Fuse Coworking
• Commercial Real Estate Leasing
• Property Management Services

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lanoha Real Estate: Family-owned, Nebraska-based (Omaha) commercial and residential real estate firm with a similar vertically integrated owner/developer/manager profile. Directly comparable in scale, ownership structure, and Midwestern regional focus.
• The Lund Company: Omaha-based commercial real estate firm offering ownership, development, brokerage, and management services. Closely comparable regional CRE operator with similar tenant mix and integrated service model.
• Lincoln Property Company: Large national multifamily owner, developer, and manager. Most directly comparable on Speedway's residential apartment segment (Telegraph, Canopy Park communities) given similar lease-up, management, and tenant portal operations.

Broad incumbents

• Greystar Real Estate Partners: Largest US apartment manager with over 800,000 units under management. Broad incumbent providing multifamily management services and investment platform that competes for institutional capital and management mandates.
• The Opus Group: National vertically integrated real estate developer, owner, and manager of office, industrial, and multifamily properties. Comparable on the development and ownership side though operating at national scale.
• Trammell Crow Company: Major US commercial real estate developer and investor with deep development pipeline. Comparable on the development and leasing functions Speedway performs, but at significantly larger scale.
• CBRE Group: Global commercial real estate services firm providing leasing, property management, valuation, and investment sales. Competes with Speedway for commercial tenant relationships and property management mandates.
• JLL: Global real estate services and investment management firm. Competes in commercial leasing, property management, and capital markets advisory — areas where Speedway Properties also operates, but at global institutional scale.
• Cushman & Wakefield: Global commercial real estate services platform with leasing, valuation, and property management lines. Comparable on commercial leasing and management services Speedway offers internally.
• Brixmor Property Group: Public REIT owning and operating open-air shopping centers nationally. Comparable as a long-duration retail center owner/operator with focused leasing and tenant improvement capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/speedway-properties

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Speedway Properties