Franklin Realty Advisors
Franklin Realty Advisors LLC is a privately held Massachusetts-based real estate development, property management, and advisory firm, serving government entities and commercial property owners across the United States with expertise in public/private partnerships and historic preservation.
- Company typePrivate
- Founded2000
- HeadquartersWellesley Hills, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Franklin Realty Advisors does
Franklin Realty Advisors LLC is a privately held, full-service real estate development, property management, and advisory firm headquartered in Wellesley Hills, Massachusetts. Founded in 2000, the firm operates with 11-50 employees and is structured as an LLC under Massachusetts jurisdiction. Its core offering spans three service lines: real estate development, commercial property management, and real estate advisory, with specific expertise in public/private partnerships and historic preservation projects across the United States.
The firm's project portfolio comprises five named assets concentrated in Massachusetts: Mercantile Center (Worcester), Worcester Business Center (Worcester), Southbridge Innovation Center (Southbridge), Wellsworth Hotel (Southbridge), and 333 Southwest Cutoff (Northborough). The most recently disclosed development, 333 Southwest Cutoff, is a 26,000 SF medical and office property delivered at a $10.7M project cost and anchored by UMass Memorial Medical Group at approximately 74% occupancy. Adjacent to the New England Baseball Complex, the asset benefits from more than 200,000 annual visitors.
Revenue is generated through professional services for development engagements and managed services for ongoing property management. The go-to-market motion is enterprise field sales, targeting government/public sector entities and institutional commercial property owners. Pricing is quote-based and not publicly disclosed. Marketing channels are limited to a corporate website and LinkedIn presence, and there are no disclosed funding rounds, M&A activity, patents, or technology platforms underlying the business.
Franklin Realty Advisors firmographics
Firmographics- Name
- Franklin Realty Advisors
- Legal name
- Franklin Realty Advisors LLC
- Website
- https://franklinra.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Franklin Realty Advisors LLC is a privately held Massachusetts-based real estate development, property management, and advisory firm, serving government entities and commercial property owners across the United States with expertise in public/private partnerships and historic preservation.
- Ownership category
- akta.pro rank
Franklin Realty Advisors industry classification
Industry- Product category
- Commercial Real Estate Development and Management
- NAICS
- Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312), Other Activities Related to Real Estate (531390)
- SIC
- Real Estate (6500), Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)
- akta.pro secondary industries
- Office Real Estate Asset Management (BPAJAMAG), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)
Keywords
Where Franklin Realty Advisors is headquartered
LocationHeadquarters
- HQ city
- Wellesley Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Franklin Realty Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Others
Revenue model
- Real Estate Development: Development services for commercial properties, including new construction and renovation projects such as the Mercantile Center, Southbridge Innovation Center, Worcester Business Center, and 333 Southwest Cutoff.
- Property Management: Ongoing commercial property management services for owned or client-owned properties, including tenant relations and facility maintenance.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Franklin Realty Advisors product offering
Product offeringCore offering
Franklin Realty Advisors LLC is a full-service real estate development, property management, and advisory firm headquartered in Wellesley Hills, Massachusetts. It delivers commercial real estate development (including public/private partnerships and historic preservation projects), ongoing commercial property management, and real estate advisory services for institutional clients, government entities, and private investors across the United States. Its property portfolio includes the Mercantile Center, Southbridge Innovation Center, Wellsworth Hotel, Worcester Business Center, and 333 Southwest Cutoff.
Product overview
Franklin Realty Advisors operates as a full service real estate development, property management, and advisory firm offering a portfolio of commercial and hospitality properties. The company's core services include real estate development (with expertise in public/private partnerships and historic preservation), commercial property management, and advisory services. Their property portfolio includes five named projects: Mercantile Center (Worcester, MA), Southbridge Innovation Center (Southbridge, MA), Wellsworth Hotel, Worcester Business Center, and 333 Southwest Cutoff (Northborough, MA) — a medical and office property totaling 26,000± SF with a $10.7 million project cost.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Development Services
Companies that use Franklin Realty Advisors
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Franklin Realty Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Franklin Realty Advisors partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Franklin Realty Advisors competitors and assessment
Company assessmentDirect peers
- Cummings Properties: Massachusetts-based full-service commercial real estate firm offering development, leasing, and property management services across office, industrial, and life sciences — highly comparable to Franklin's regional commercial focus and service model.
- The Druker Company: New England real estate investment and management firm focused on commercial and mixed-use properties, with development, advisory, and asset management capabilities that closely mirror Franklin's full-service offering.
- Paramount Partners: Boston-based commercial real estate investment, development, and management firm operating across New England with a comparable mid-market institutional and owner-operator profile.
Broad incumbents
- Boston Properties (BXP): Large publicly traded REIT and developer of Class A office and mixed-use properties, with significant Boston/MA presence. Serves as a benchmark incumbent against which Franklin's regional commercial development competes.
- Colliers: Global commercial real estate services firm with strong investment sales, property management, and advisory practices across office, retail, and hospitality — competes for the same institutional advisory mandates Franklin targets.
- CBRE: Global commercial real estate services and investment firm offering brokerage, property management, valuation, and advisory — broadly comparable to Franklin's advisory and management capabilities at vastly greater scale.
- JLL (Jones Lang LaSalle): Global real estate services and investment management firm providing advisory, property management, and capital markets services to commercial property owners — adjacent competitor for institutional and government client mandates.
- Lincoln Property Company: National commercial realestate firm offering development, property management, and advisory services across office, industrial, and multifamily — comparable service mix to Franklin at much greater scale.
- Marcus & Millichap: National commercial real estate investment sales and financing brokerage with institutional property advisory capabilities — comparable to Franklin's advisory arm at significantly larger scale.
Regional players
- Boylston Properties: Massachusetts-based real estate development and investment firm focused on commercial, office, and mixed-use projects in the Greater Boston area — directly comparable regional developer competing for similar institutional and municipal clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
Franklin Realty Advisors social profiles
Digital presenceFranklin Realty Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Franklin Realty Advisors leadership team
Management profileNumber of profiles
Franklin Realty Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Franklin Realty Advisors 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 Franklin Realty Advisors
What does Franklin Realty Advisors do?
Franklin Realty Advisors LLC is a full-service real estate development, property management, and advisory firm headquartered in Wellesley Hills, Massachusetts. It delivers commercial real estate development (including public/private partnerships and historic preservation projects), ongoing commercial property management, and real estate advisory services for institutional clients, government entities, and private investors across the United States. Its property portfolio includes the Mercantile Center, Southbridge Innovation Center, Wellsworth Hotel, Worcester Business Center, and 333 Southwest Cutoff.
Is Franklin Realty Advisors a public or private company?
Franklin Realty Advisors is a private company. It is classified as unknown and is currently operating.
When was Franklin Realty Advisors founded?
Franklin Realty Advisors was founded in 2000. It employs 11 to 50 people.
Where is Franklin Realty Advisors based?
Franklin Realty Advisors is headquartered in Wellesley Hills, United States, in the North America region.
How does Franklin Realty Advisors make money?
Two revenue lines are on record. Real Estate Development is the primary driver. The others are property Management.
Who are Franklin Realty Advisors's main competitors?
Direct peers on record are Cummings Properties, The Druker Company and Paramount Partners. Broad incumbents are Boston Properties (BXP), Colliers, CBRE, JLL (Jones Lang LaSalle), Lincoln Property Company and Marcus & Millichap. Boylston Properties is listed as a regional player.
Does Franklin Realty Advisors have an API?
No public API is recorded for Franklin Realty Advisors.
What industry is Franklin Realty Advisors in?
Franklin Realty Advisors's product category is Commercial Real Estate Development and Management. Its primary akta.pro industry code is BPAJANAC, Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support), with a secondary code of BPAJAMAG, Office Real Estate Asset Management. Its NAICS code is 53131 and its SIC code is 6500.