Cushman & Wakefield | Commercial Advisors

What Cushman & Wakefield | Commercial Advisors does

Founded in 1992 and headquartered at 5101 Wheelis Drive in Memphis, Tennessee, Cushman & Wakefield | Commercial Advisors (legal entity Commercial Advisors, LLC) is a commercial real estate brokerage and advisory firm serving the Mid-South tri-state region spanning Tennessee, Mississippi, and Arkansas. The firm is led by CEO and Managing Director Greg Spillyards and employs 65–70 staff including more than 20 designated brokerage professionals holding SIOR and CCIM credentials. It maintains a strategic affiliation with the Cushman & Wakefield Alliance, which extends client reach into the global commercial real estate market without compromising local specialization.

The firm organizes its offerings into three service lines: Occupier Services (tenant representation and investment sales across office, industrial, land, and retail), Asset Services (agency leasing, property management, and capital markets for third-party owners), and Client Solutions (valuation and advisory, business incentives practice, project development services, and receivership/asset resolution). It manages approximately 30 million square feet of office, industrial, and retail properties across roughly 60 buildings, with the industrial property management team alone responsible for 23+ million square feet of Class A/B product in the Memphis metropolitan area; portfolio assets under representation exceed $1 billion in value. Operational infrastructure includes a curated database of more than 10,000 investors supporting investment sales and quarterly market reports on Memphis industrial and office activity. The firm also operates two sub-brands — Community Advisors, focused on underserved core-city neighborhoods, and the EASEL Initiative, supporting arts education and therapy programs.

The firm generates revenue from transactional brokerage commissions on leasing, sales, tenant representation, and investment transactions, alongside recurring professional services fees from third-party property and asset management assignments. Pricing is quote-based and negotiated per engagement. Customer concentration is dispersed across financial services (Bank of America, USAA, UBS), real estate investment (Mapletree, Ares, GLP), retail and food service (CarMax, Gordon Food Service, Nothing Bundt Cakes, 7-Brew Coffee, Valvoline), and healthcare (DaVita).

Name

Cushman & Wakefield | Commercial Advisors

Legal name

Commercial Advisors, LLC

Website

https://commadv.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Cushman & Wakefield | Commercial Advisors is a Memphis-based commercial real estate brokerage and advisory firm serving corporate, institutional, and private clients across the Mid-South tri-state region through tenant representation, asset services, property management, and investment sales.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

akta.pro secondary industries

Commercial Real Estate Asset Management (BPAJAMAB), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Commercial real estate brokerage
• Tenant representation services
• Property management services
• Commercial real estate advisory
• Investment sales services

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Real Estate Brokerage Services: The firm generates revenue through commercial real estate brokerage commissions for leasing, sales, tenant representation, and investment transactions in office, industrial, land, and retail sectors.
2. Asset and Property Management Services: Third-party asset and property management services for office, industrial, and retail properties in the Mid-South region, managing approximately 30 MSF of leasing and/or management assignments.
3. Valuation and Advisory Services: Property valuation and advisory services through local agents and Cushman & Wakefield's Valuation & Advisory nationwide platform.
4. Business Incentives Practice: Analysis of state and local taxes, identification of jurisdictional tax incentives, negotiation of incentives, and site acquisition strategies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Cushman & Wakefield | Commercial Advisors is a commercial real estate services firm that delivers brokerage, advisory, property management, and investment sales for office, industrial, land, and retail real estate in the Memphis and Mid-South market. Operating as an independently-selected member of the Cushman & Wakefield Alliance, the firm provides first-class occupier and asset services backed by in-depth market research and mature local expertise.

Product overview

Cushman & Wakefield | Commercial Advisors provides a comprehensive suite of commercial real estate services through three integrated service lines: Occupier Services (tenant representation and advisory), Asset Services (agency leasing, property management, and investment sales), and Client Solutions (valuation, business incentives, project development, and receivership). The company also produces quarterly Market Reports on Memphis industrial and office market activity, and operates a property listings platform. Services are delivered by over 20 brokerage professionals and 70 employees, leveraging the global Cushman & Wakefield platform while maintaining a focused presence in the Memphis, Tennessee tri-state area.

Differentiator

Problem solved

Functional benefit

Brands

• Community Advisors: A service line of Cushman & Wakefield | Commercial Advisors focused on providing brokerage, management, redevelopment and financing expertise in underserved core city neighborhoods.
• The EASEL Initiative

Products and services

• Occupier Services Strategic advisory services for tenants and investors, including tenant representation, site selection, market research, and transactional services for office, industrial, land, and retail real estate.
• Asset Services Third-party asset management services including agency leasing, property management, and investment sales for office, industrial, and retail properties in the Mid-South region.
• Client Solutions Integrated advisory services including valuation and advisory, business incentives practice, project development services, and receivership/asset resolution for clients across various industries.
• Tenant Representation Client-focused, strategy-driven advisory for office, industrial, land, and retail real estate, including brokerage, custom research, technology services, and project management.
• Agency Leasing Third-party leasing representation exclusively for owners of real estate portfolios, providing owner's mentality with extensive knowledge in asset repositioning and creative marketing.
• Property Management Comprehensive property management services utilizing Yardi Enterprise accounting software for system management, financial reporting, maintenance services, property inspections, and tenant retention.
• Investment Sales Commercial real estate investment sales providing best-in-class marketing, data-driven valuation, and full-service team support for institutional and private capital investors, leveraging a database of over 10,000 investors.
• Valuation and Advisory Property assessment services delivered through local agents and Cushman & Wakefield's nationwide Valuation & Advisory platform, providing precise and comprehensive evaluations backed by research analytics.
• Business Incentives Practice Analysis of state and local taxes, identification of jurisdictional tax incentives, and negotiation of incentives including discretionary cash grants, property tax abatements, and training assistance.
• Receivership and Asset Resolution Integrated services for distressed assets including asset management, financial analysis, valuation, leasing, property management, litigation support, and auction management.
• Market Reports Quarterly in-depth reports on local industrial and office market activity including vacancies, rental rates, absorption, demand, investment activity, and comprehensive mapping and analysis.
• Property Listings Platform Online property search platform enabling clients to find and browse commercial properties across industrial, office, retail, land, and investment categories in the Memphis region.

Quantifiable outcome

• Nearly 25 MSF of office, industrial and retail properties under management
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Cushman & WakefieldcoreStrategic or Co-development PartnerStrategic affiliation with Cushman & Wakefield, one of the world's largest commercial real estate services firms. The Cushman & Wakefield Alliance consists of specially-selected independent firms providing clients with extended geographic reach through elite commercial real estate professionals and high-quality comprehensive services. This alliance provides Commercial Advisors clients access to the global real estate market while maintaining local Memphis market expertise.
• Memphis Symphony OrchestraminorGTM or Marketing PartnerEASEL Initiative partnership supporting music education and therapy programs. A pilot residency at Stax Academy placed world-class orchestra members in classrooms to teach weekly music sessions. Expansion includes new residency at Collegiate School of Memphis integrating music therapy.
• Orpheum Theatre GroupminorGTM or Marketing PartnerEASEL Initiative partnership supporting the Orpheum's Mending Hearts summer camp for grieving children through 8th grade, with plans to establish an alumni program for older teens using storytelling and theater for emotional healing.
• Memphis Brooks Museum of ArtminorGTM or Marketing PartnerEASEL Initiative partnership preserving and expanding art therapy classes for youth coping with trauma. The firm is sustaining existing sessions and funding new classes for students at PURE Academy.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• JLL: Global full-service CRE firm with a Memphis presence competing head-to-head across tenant representation, agency leasing, capital markets, and property management for the Mid-South institutional and corporate clients CW|CA targets.
• Newmark Group: Public CRE services firm providing capital markets, leasing, and property management across U.S. markets including Tennessee; competes directly with CW|CA on investment sales and agency leasing for Mid-South institutional owners.
• CBRE: The world's largest CRE services firm, with a Memphis office covering the same Mid-South geography as CW|CA. Directly competes for the same institutional capital-markets, agency leasing, property management, and tenant-representation mandates that anchor CW|CA's revenue.
• NAI Global: Global CRE services network of independent owner-operated firms operating under a shared brand — a structural analog to CW|CA's C&W Alliance model — directly competing for owner representation, leasing, and management mandates in the Mid-South.
• Marcus & Millichap: Specialized CRE investment sales broker with institutional investor coverage across the U.S., competing directly with CW|CA's investment sales team (which uses a 10,000+ investor database to source Memphis and Mid-South investors) for sale-side mandates.
• The Shopping Center Group: Retail-specialized CRE firm with a Memphis presence — competitor for CW|CA's retail brokerage service line (led by Carson Claybrook, a former TSCG/McDonald's Corp. real estate hire), directly competing for tenant rep and landlord leasing in the Mid-South.
• Colliers: Global CRE services firm providing investment sales, agency leasing, property management, and valuation/advisory in the Memphis and broader Southeast market; one team member's prior accounting experience at Colliers' Memphis office confirms direct overlap.
• Avison Young: Full-service global CRE firm with a Memphis office covering investment sales, agency leasing, and property management — directly competing with CW|CA's owner-representation and agency leasing franchises in the Mid-South.

Regional players

• Sperry Commercial: Tennessee-based (Nashville-headquartered) regional CRE brokerage with institutional investment sales, agency leasing, and property management in the broader Tennessee market; competes for some of the same Mid-South owner and investor relationships from a different Tennessee base.

Broad incumbents

• Cushman & Wakefield: The global parent alliance brand co-marketed by CW|CA. C&W's direct U.S. offices in major metros and its Valuation & Advisory platform (leveraged by CW|CA) represent both an enabler and an indirect competitor for institutional mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ComAdvisors
• Facebookfacebook.com/comadvisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Cushman & Wakefield | Commercial Advisors