NAI Sioux Falls
NAI Sioux Falls is a privately held, full-service commercial real estate firm in Sioux Falls, South Dakota, providing brokerage (sales, leasing, investment) and property management (1.3M+ sq. ft. across 40+ properties) for owners, investors, tenants, and developers in eastern South Dakota, operating as the sole South Dakota affiliate of NAI Global.
- Company typePrivate
- Founded1999
- HeadquartersSioux Falls, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What NAI Sioux Falls does
NAI Sioux Falls is a privately held, full-service commercial real estate firm headquartered at 2500 W. 49th Street in Sioux Falls, South Dakota, founded in June 1999 by Dennis Breske and acquired by Troy Fawcett in November 2015. The firm operates two service lines — commercial brokerage (sales, leasing, tenant and landlord representation, investment sales, and land brokerage across office, industrial, retail, land, and investment property types) and property management (currently over 1.3 million sq. ft. across 40+ office, retail, and industrial properties) — delivered through a team of 15 commercial agents plus a dedicated property management staff. The firm is the exclusive South Dakota member of NAI Global, the largest owner-operated commercial real estate network with 325–375 offices and 5,800–6,000 professionals worldwide, which provides cross-market intelligence, deal flow, and referral capability to a firm otherwise focused on the Sioux Falls and eastern South Dakota region.
The business is run on a transaction-based revenue model for brokerage (commissions on completed sales and leases, sized per deal with no public pricing schedule) and recurring managed-services fees for property management (budgeting, accounting, competitive bidding, capital improvement planning, and tenant retention). The firm invests in continued development of its team — including five CCIM designations, five SIOR designations, and two MBAs, aggregating 212+ years of combined commercial real estate experience — and operates with a direct, agent-led go-to-market with no third-party distribution. Production technology is limited to third-party SaaS: AppFolio for property management (with Tenant and Owner Portals), BambooHR for HR/recruiting, and Constant Contact for email marketing; no proprietary platform is referenced.
Ownership is a partnership structure with Troy Fawcett as Principal Broker, Marcus Mahlen as President, and Gregg Brown as Partner. Strategic positioning emphasizes deep local market knowledge, professional credentials, and NAI Global affiliation to win mandates from institutional investors, corporate clients, developers, landlords, and tenants in the Sioux Falls and eastern South Dakota region.
NAI Sioux Falls firmographics
Firmographics- Name
- NAI Sioux Falls
- Legal name
- NAI Sioux Falls
- Website
- https://siouxfallscommercial.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NAI Sioux Falls is a privately held, full-service commercial real estate firm in Sioux Falls, South Dakota, providing brokerage (sales, leasing, investment) and property management (1.3M+ sq. ft. across 40+ properties) for owners, investors, tenants, and developers in eastern South Dakota, operating as the sole South Dakota affiliate of NAI Global.
- Ownership category
- akta.pro rank
NAI Sioux Falls industry classification
Industry- Product category
- Commercial Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (531210), Nonresidential Property Managers (531312)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Land & Development Site Brokerage (BPAJABAG)
- akta.pro secondary industry
- Warehousing & Logistics Facilities Brokerage (BPAJACAA)
Keywords
Where NAI Sioux Falls is headquartered
LocationHeadquarters
- HQ city
- Sioux Falls
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NAI Sioux Falls business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Brokerage Commissions – Sales & Leasing: The firm earns commissions on completed commercial real estate sale and lease transactions across office, industrial, retail, land, and investment property types. Transactions include tenant representation, landlord representation, investment sales, and land brokerage.
- Property Management Fees: Ongoing property management fees for commercial office, retail, and industrial properties. Services include budgeting, property accounting, competitive bidding, capital improvement planning, and tenant retention. The firm currently manages over 1.3 million sq. ft. of space across 40+ properties.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Brokerage services – transaction-based commissions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
NAI Sioux Falls product offering
Product offeringCore offering
NAI Sioux Falls is a full-service commercial real estate firm providing brokerage and property management services across office, industrial, retail, land, investment, and multi-family property types in the Sioux Falls and eastern South Dakota region. Brokerage services cover sales, leasing, tenant and landlord representation, and investment transactions delivered through 15 commercial agents. Property management services cover over 1.3 million sq. ft. across 40+ commercial properties, including budgeting, accounting, tenant retention, and capital improvement planning, delivered by a dedicated property management team.
Product overview
NAI Sioux Falls is a full-service commercial real estate company offering two core service lines: Brokerage Services and Property Management. The company operates as an affiliate of NAI Global, providing access to a global network of 375+ offices worldwide. Brokerage Services covers office, industrial, retail, land, and investment property transactions. Property Management services manage over 1.3 million square feet of commercial space across the Sioux Falls region. The company has 15 commercial agents and a property management team, with over 212 years of combined real estate experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Brokerage Services Full-service commercial real estate brokerage covering office, industrial, retail, land, investment, and multi-family property types. Includes sales, leasing, tenant representation, landlord representation, investment sales, and consulting for institutional investors, REITs, property owners, tenants, and corporate clients.
- Property Management Comprehensive property management for commercial office, retail, and industrial properties, currently covering over 1.3 million sq. ft. across 40+ properties. Services include budgeting, property accounting, competitive bidding, capital improvement planning, tenant retention, and tenant/owner portal access (via AppFolio).
Quantifiable outcome
- Over 450 completed sales and lease transactions totaling 3.44M sq. ft. of building area and 18.52M sq. ft. of development land, valued at nearly $225M (Marcus Mahlen alone through 2025)
- +4 more outcomes
Companies that use NAI Sioux Falls
Customer profileNamed customers43 records
Segments5 records
Ideal customer profiles3 records
NAI Sioux Falls technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
NAI Sioux Falls partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NAI GlobalflagshipNAI Sioux Falls is the only South Dakota representative of NAI Global, the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. The affiliation provides access to the knowledge, expertise, and best practices of approximately 5,800+ agents in 325+ offices worldwide. This enables the firm to serve clients with national or global commercial real estate needs and provides global market intelligence, deal flow, and cross-referrals.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
NAI Sioux Falls competitors and assessment
Company assessmentBroad incumbents
- CBRE Group: The world's largest commercial real estate services firm with global presence, competing with NAI Sioux Falls for institutional client mandates across office, industrial, retail, and investment property types in major and secondary U.S. markets.
- JLL: Global real estate services firm offering brokerage, property management, and investment sales across all major property types, with overlapping capabilities to NAI Sioux Falls particularly for institutional and corporate clients.
- Cushman & Wakefield: Global commercial real estate services firm with full-service brokerage, valuation, and property management offerings, competing with NAI Sioux Falls for institutional, corporate, and investment clients across capital markets segments.
- Newmark Group: Full-service commercial real estate services firm offering leasing, investment sales, and advisory services with a growing footprint in secondary markets, directly competing with NAI Sioux Falls for capital markets, tenant representation, and landlord advisory mandates.
- Howard Hanna: Large privately held real estate services firm combining residential, commercial, mortgage, title, and insurance services across the Midwest and East Coast, comparable to NAI Sioux Falls in offering integrated CRE brokerage, property management, and ancillary services.
- Colliers International: Global diversified professional services and investment management firm focused on commercial real estate, competing with NAI Sioux Falls for institutional and corporate clients in office, industrial, retail, and investment property brokerage and management.
Direct peers
- SVN International: Commercial real estate brokerage franchise network with affiliated offices across the U.S., directly comparable to NAI Global's franchise/affiliate model with overlapping coverage of office, industrial, retail, and investment property brokerage in similar mid-size markets.
- Marcus & Millichap: Specialized commercial real estate investment sales and financing brokerage firm. Closely comparable to NAI Sioux Falls's investment property focus, with strong overlap in single-tenant net lease, multi-family, hospitality, and industrial investment sales transactions.
- Lloyd Companies: Sioux Falls-based commercial real estate development, brokerage, and property management firm. Direct local competitor to NAI Sioux Falls with overlapping product offerings in office, industrial, retail, and multi-family, serving the same Sioux Falls and eastern South Dakota client base.
Others
- NAI Global: Global commercial real estate brokerage network under which NAI Sioux Falls operates as the South Dakota affiliate. As an ecosystem participant and brand licensor rather than direct competitor, NAI Global enables the firm's national and cross-border deal capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
NAI Sioux Falls social profiles
Digital presenceNAI Sioux Falls financial estimates
Financial estimateRevenue estimate
Valuation estimate
NAI Sioux Falls leadership team
Management profileNumber of profiles
Profiles7 records
NAI Sioux Falls funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NAI Sioux Falls 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 NAI Sioux Falls
What does NAI Sioux Falls do?
NAI Sioux Falls is a full-service commercial real estate firm providing brokerage and property management services across office, industrial, retail, land, investment, and multi-family property types in the Sioux Falls and eastern South Dakota region. Brokerage services cover sales, leasing, tenant and landlord representation, and investment transactions delivered through 15 commercial agents. Property management services cover over 1.3 million sq. ft. across 40+ commercial properties, including budgeting, accounting, tenant retention, and capital improvement planning, delivered by a dedicated property management team.
Is NAI Sioux Falls a public or private company?
NAI Sioux Falls is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NAI Sioux Falls founded?
NAI Sioux Falls was founded in 1999. It employs 11 to 50 people.
Where is NAI Sioux Falls based?
NAI Sioux Falls is headquartered in Sioux Falls, United States, in the North America region.
How does NAI Sioux Falls make money?
Two revenue lines are on record. Brokerage Commissions – Sales & Leasing is the primary driver. The others are property Management Fees.
Who are NAI Sioux Falls's main competitors?
Broad incumbents on record are CBRE Group, JLL, Cushman & Wakefield, Newmark Group, Howard Hanna and Colliers International. Direct peers are SVN International, Marcus & Millichap and Lloyd Companies. NAI Global is listed as an others.
Does NAI Sioux Falls have an API?
No public API is recorded for NAI Sioux Falls.
What industry is NAI Sioux Falls in?
NAI Sioux Falls's product category is Commercial Real Estate Brokerage. Its primary akta.pro industry code is BPAJABAG, Land & Development Site Brokerage, with a secondary code of BPAJACAA, Warehousing & Logistics Facilities Brokerage. Its NAICS code is 531210 and its SIC code is 6531.