Plote Property Management

What Plote Property Management does

Plote Property Management is a privately held commercial real estate property management company headquartered in East Dundee, Illinois, operating as Plote Properties, LLC since 1985 (originally founded as Rental Systems LLC). The company is a subsidiary within the Plote Construction family of companies and manages a portfolio exceeding one million square feet of office, warehouse, flex, industrial, retail, and residential properties across Northern Illinois, including named assets such as Rock Road Industrial Park, Smith Drive Industrial Park, Brandt Drive Business Park, Algonquin Corporate Campus, Hillside Town Center, and Woodcreek Apartments. Revenue is generated through four streams: commercial office and industrial warehouse leasing (typically 1,000-20,000+ sq ft under NNN or modified gross lease structures), land sales for commercial, retail, and residential development (parcels ranging from under 1 acre to 33+ acres), build-to-suit custom development, and recurring property management services supported by an on-site maintenance team.

The company operates a direct-to-consumer B2B sales motion without intermediaries, using its company website as the primary listing platform, supplemented by phone-based outreach and physical property showings. Customer segments include small-to-mid-size businesses requiring flex space, national retail chains anchored at the Hillside Town Center power center (Super Target, Staples, Petco, Michaels, The RoomPlace, HomeGoods, Chase Bank, Holiday Inn Express), and industrial/manufacturing tenants such as Young Innovations (80,000 SF) and Algonquin Corporate Condos (62,000 SF). Technology is minimal: the company uses a third-party tenant payment portal (eTenantCare) and maintains a basic website with property listings, but discloses no proprietary platforms, APIs, or AI/ML capabilities. Marketing relies on organic SEO, Facebook, Google+, and direct phone contact, with named representatives Adam Neisendorf and Ryan Trottier handling inquiries. Vertical integration with Plote Construction provides build-to-suit and development capabilities that independent operators would need to source externally, supporting a claimed higher-than-average tenant retention ratio.

Name

Plote Property Management

Legal name

Plote Properties, LLC

Website

https://ploteproperties.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Plote Property Management is an Illinois-based commercial real estate firm that leases, manages, and develops over one million square feet of office, warehouse, industrial, retail, and residential properties across Northern Illinois, serving small-to-mid-size businesses and national retail anchors as a subsidiary of Plote Construction.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Property Management

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYBPAJAMAL

Real Estate Development Asset Management (Project/Construction-to-Stabilization)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

SECONDARYBPAJABAG

Land & Development Site Brokerage

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Real Estate Brokerage

Keywords

• Commercial property leasing
• Industrial real estate
• Property management services
• Build-to-suit development
• Land sales brokerage

Headquarters

HQ city

Dundee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Office and Industrial Warehouse Leasing: The company generates revenue primarily through leasing commercial office space, industrial warehouses, flex spaces, and retail properties to businesses. Leases range from small 1,000 sq ft users to 20,000+ sq ft tenants. Properties include Triple Net (NNN) lease arrangements.
2. Land Sales: Revenue is generated from the sale of land parcels for commercial, retail, and residential development. Available land sites range from under 1 acre to 33+ acres in various Illinois locations.
3. Property Management Services: The company provides property management services for its owned and managed portfolio, maintaining properties through an on-site maintenance team.
4. Build-to-Suit Services: Custom build-to-suit options are offered where the company develops properties according to tenant specifications and requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Plote Properties, LLC is a commercial real estate company that owns, leases, and manages a portfolio of over one million square feet of office, warehouse, flex, industrial, retail, and residential properties across Northern Illinois. The company leases commercial spaces ranging from 1,000 to 20,000+ square feet, sells improved land parcels from under one acre to 33+ acres, offers custom build-to-suit development, and provides ongoing property management with an on-site maintenance team.

Product overview

Plote Properties, LLC is a commercial real estate property management company established in 1985, offering a comprehensive portfolio of over one million square feet of office, warehouse, commercial, retail, and residential properties. The company's core offerings include rental properties (office, warehouse, flex, commercial, retail, and residential spaces ranging from 1,000 to 120,000+ square feet), land for sale (parcels from under 1 acre to 33+ acres for various uses), build-to-suit development services, and full-service property management. Their properties span across Illinois locations including East Dundee, Huntley, Elgin, Algonquin, Woodstock, Gilberts, Lake in the Hills, and Hillside, with notable branded developments such as Rock Road Industrial Park, Smith Drive Industrial Park, Algonquin Corporate Campus, Hillside Town Center, and Woodcreek Apartments. The company leverages an on-site maintenance team to achieve higher-than-average tenant retention and provides state-of-the-art payment options through their tenant portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Office and Industrial Warehouse Leasing Leasing of commercial office, warehouse, flex, and industrial space ranging from 1,000 to 20,000+ square feet to local businesses, contractors, and growing companies in Northern Illinois. Lease types include Triple Net (NNN) and Modified Gross arrangements.
• Land for Sale Sale of improved land sites and parcels ranging from under one acre to 33+ acres, available for residential, commercial, retail, and mixed-use development across various Illinois locations.
• Build-to-Suit Development Custom property development where Plote designs and constructs properties tailored to specific tenant or buyer requirements, leveraging the in-house construction capabilities of parent company Plote Construction.
• Property Management Services Full-service property management for owned and managed portfolio, including on-site maintenance team to maintain properties and achieve higher-than-average tenant retention ratios, plus a state-of-the-art online payment portal for tenants.
• Hillside Town Center (Retail Power Center) Retail power center in Hillside, IL, housing tenants including Super Target, Staples, Petco, Michaels, The RoomPlace, HomeGoods, Chase Bank, and Holiday Inn Express. Available for retail lease.
• Woodcreek Apartments (Residential) Residential apartment complex located in Huntley, IL, managed by Plote Properties as part of its diversified real estate portfolio.

Quantifiable outcome

• Higher-than-average tenant retention ratio due to on-site maintenance team
• +1 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Plote ConstructioncoreOthersPlote Property Management is under the Plote Construction umbrella and part of the Plote family of companies. Plote Construction provides over half a century of service in the Chicago and Northern IL area, offering complete range of land development, construction, and property management services. The relationship provides vertical integration from construction through property management.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• HSA Commercial Real Estate: Chicago-based commercial real estate developer and manager with a focus on industrial, office, and retail assets in the Midwest. Comparable in integrated development, ownership, and property management services.
• Brennan Investment Group: Rosemont, IL-based private real estate investment firm focused on acquiring, developing, and managing industrial properties across the Midwest. Comparable in industrial focus, regional concentration, and middle-market tenant targeting.
• Hamilton Partners: Chicago-area commercial real estate developer, owner, and property manager of office, industrial, and retail properties across the Midwest. Directly comparable in geography, asset mix, and vertically integrated development/management model.
• ML Realty Partners: Midwest-focused industrial real estate investment and management firm operating in Chicago, Indianapolis, and other Midwest markets. Comparable in industrial property focus and regional operating footprint.
• Arthur J. Rogers & Co. Chicago-based commercial real estate firm specializing in office, industrial, and flex property management, leasing, and build-to-suit development in Northern Illinois — a near-direct peer in product, geography, and customer base.
• Mid-America Real Estate Corporation: Midwest-based retail real estate services firm offering brokerage, property management, and development advisory for retail power centers and shopping centers — comparable to Plote's Hillside Town Center retail platform.

Broad incumbents

• JLL (Jones Lang LaSalle): Global commercial real estate services firm with substantial Chicago presence offering brokerage, property management, and investment sales across all asset types. Competes for the same tenants and deals but at much greater scale and geographic reach.
• Cushman & Wakefield: Global commercial real estate services platform competing in leasing, property management, and investment advisory across office, industrial, and retail in the Chicago market.
• CBRE: Largest global commercial real estate services and investment firm, with major Chicago operations covering office, industrial, and retail leasing and management. Competes for institutional mandates and large tenant relationships.
• First Industrial Realty Trust: Public REIT focused exclusively on industrial properties across the U.S., with a meaningful Chicago presence. Competes for the same industrial tenants and build-to-suit opportunities at materially greater scale and lower cost of capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Plote-Properties-323804487813649
• LinkedInlinkedin.com/company/plote-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Plote Property Management