What Capstone Properties does

Capstone Properties is a privately held, founder-owned commercial real estate services firm headquartered in Burlington, Massachusetts, with a regional office in Providence, Rhode Island. Founded in 1990 by Chris Greenman and Paul Griesinger, the company has operated in the New England market for over 25 years, with principals who collectively bring over 100 years of commercial real estate experience. Neil Amper (SIOR, Vice President) and Christopher R. Greenman (Senior Vice President, Co-Founder, Principal Broker) are the named senior brokers, with Greenman responsible for over 10,000,000 SF of investment and brokerage activity and Amper having facilitated more than 400 transactions across a 26-year career.

The company is built around five integrated service lines: Commercial Brokerage (owner/investor/tenant representation, leasing, sales, troubled-property work for REITs and Special Servicers, corporate relocations), Construction Management (design, cost estimating, HVAC/energy analyses, project bidding and oversight), Consulting & Advisory (market analysis, asset evaluations, master planning, value-enhancement analysis, investment analysis, energy audits), Investment & Development (acquisition, equity/joint venture formation, debt financing, permitting, tax credits, environmental/zoning resolution), and Property Management (accounting, vendor supervision, preventative maintenance, capital planning, building management system analysis). Cumulative transaction volume exceeds $300 million in lease and sales and $50 million in acquisition and development activity, with named engagements spanning Northrop Grumman, Family Dollar, Digital Federal Credit Union, Rockland Trust, DXL, Fidelity Investments, and a 2.5 million SF bankruptcy-estate portfolio valuation for a national REIT.

Capstone's go-to-market is relationship-based, sales-led, and geographically concentrated in Massachusetts and Rhode Island with extension into southeastern New England. Revenue is generated through transaction fees (brokerage commissions on lease and sale value), project-based professional services fees (construction management, consulting), and recurring managed services fees (property management mandates such as 5 Burlington Woods, Garden City Apartments, and Chariho Plaza). Distribution is direct via a small broker sales force; marketing relies on the company website (with LoopNet integration), a proprietary "Capstone Report" market analysis, and earned media coverage on WPRI Eyewitness News and Providence Business News. Pricing is engagement-specific and not publicly disclosed, with multi-year contracts typical for management work.

Name

Capstone Properties

Legal name

Capstone Properties

Website

https://capstone-properties.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

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

akta.pro secondary industries

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Commercial real estate services
• Commercial brokerage
• Property management
• Construction management
• Real estate investment advisory

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Brokerage: Revenue from representing owners, investors, and tenants in leasing and sales transactions. Specializes in 'troubled properties' working with REIT and Special Servicers, corporate relocations, tenant representation, and renegotiations/renewals.
2. Construction Management: Fees for managing construction projects including design/cost estimating, facility planning, HVAC/energy analyses, and project bidding and management services representing client interests throughout construction.
3. Consulting & Advisory: Revenue from providing market analysis, asset evaluations, master planning, value enhancement analysis, investment analysis, equity formation analysis, and energy audits.
4. Investment & Development: Fees for acquisition and development services including equity/joint venture formation, debt financing, market analysis, permit/obtain approvals, tax credits, environmental/zoning resolution, and construction oversight.
5. Property Management: Ongoing management fees for accounting/reporting, vendor supervision, preventative maintenance, insurance/tax reviews, capital planning, building management system analysis, and contract financial services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Capstone Properties is a New England commercial real estate services firm that provides five integrated service lines: commercial brokerage (leasing, sales, tenant representation for owners, investors, REITs, and corporate tenants), construction management (design, cost estimation, project bidding and oversight), consulting and advisory (market analysis, asset evaluations, investment analysis), investment and development (acquisition, equity/debt financing, permitting), and property management (accounting, maintenance, capital planning). The firm specializes in troubled properties, corporate relocations, and multi-tenant commercial assets.

Product overview

Capstone Properties offers a comprehensive suite of real estate services organized around five core service lines: Commercial Brokerage (leasing, sales, tenant representation), Construction Management (tenant fit-outs, renovations, project management), Consulting & Advisory (market analysis, asset evaluations, investment analysis), Investment & Development (acquisition, equity/debt financing, permitting), and Property Management (maintenance, accounting, capital planning). These services operate as an integrated offering, allowing the company to provide clients with multi-disciplinary real estate solutions from a single provider.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Brokerage Represents owners, investors, and tenants in leasing and sales transactions, including troubled properties, corporate relocations, tenant representation, and renegotiations/renewals. Targets REIT and Special Servicers, corporate clients, and tenants across New England.
• Construction Management Manages tenant fit-outs, interior renovations, and exterior rehabs including design, cost estimating, facility planning, HVAC and energy analyses, and project bidding and management services representing client interests throughout construction.
• Consulting & Advisory Provides market analysis, asset evaluations, master planning, value enhancement analysis, investment analysis, equity formation analysis, and energy audits to support property investment and operational decisions.
• Investment & Development Assists investors with acquisition and development of underutilized properties, including equity and joint venture formation, debt financing, market analysis, permit and approval procurement, tax credit advisory, environmental and zoning resolution, and construction oversight.
• Property Management Full-service property maintenance and management including accounting and reporting, vendor supervision, preventative maintenance, insurance and tax reviews, capital planning, building management system analysis, and contract financial services for commercial and residential properties.

Quantifiable outcome

• Over $300 million in lease and sales transactions completed since founding in 1990
• +9 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

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Residences at Garden City, LLCcoreStrategic or Co-development PartnerCapstone Properties was hired by Residences at Garden City, LLC to manage Garden City Apartments in Cranston, RI. The complex consists of seven two-story buildings with 94 apartments across 5.16 acres adjacent to Garden City Center. Capstone handles all on-site management including capital improvement and promotional initiatives.
• Chariho Plaza, LLCcoreImplementation/ SI/ Consulting PartnerCapstone engaged by Chariho Plaza, LLC to manage and lease 61,000 SF retail center at intersection of Routes 95 and 138 in Rhode Island's Hope Valley. Existing tenants include Hess, Family Dollar, Subway, and US Postal Service. Capstone also advises ownership on redevelopment opportunities leveraging market experience and relationships.
• Town of GrotoncoreStrategic or Co-development PartnerPartnership with Town of Groton to redevelop a 100,000 SF abandoned mill building. Capstone became designated developer, secured Brownfield funding for contamination assessment/remediation, obtained necessary approvals, and coordinated financing including bond financing, TIF agreement, historic tax credits, and HUD credit enhancement. Resulted in 74-unit assisted living facility.
• Duquesne UniversityminorOthersNeil Amper earned education at Duquesne University in Pittsburgh, PA. Educational background supporting commercial real estate expertise and professional credentials.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CBRE Group: Largest global commercial real estate services firm offering brokerage, property management, investment advisory, and valuation across all major markets. Direct competitor for Capstone's Fortune 500, REIT, and institutional clients in New England.
• JLL (Jones Lang LaSalle): Global commercial real estate and investment management firm with brokerage, property management, and capital markets advisory. Competes for the same enterprise and institutional mandates Capstone pursues in New England.
• Colliers International: Global commercial real estate services platform with brokerage, property management, and investment advisory. Competes for the same corporate tenant, owner, and investor mandates as Capstone, with broader geographic reach.
• Cushman & Wakefield: Global CRE services firm with full-service brokerage, valuation, property management, and advisory. Competes for institutional and corporate tenant accounts in Capstone's target markets.
• Newmark Group: Full-service commercial real estate advisory firm with brokerage, capital markets, and property management. Targets institutional and corporate clients overlapping Capstone's enterprise and REIT segments.

Direct peers

• SVN International Corporation: Commercial real estate franchise network with brokerage and advisory services, including specialty in distressed and value-add assets. Comparable franchise/regional model and overlap with Capstone's troubled-property niche.
• NAI Global: Network of independently owned commercial real estate firms providing brokerage, property management, and advisory services. Stronger scale-by-network model that mirrors Capstone's regional, full-service positioning.
• The Boulos Company: Regional commercial real estate firm serving New England with brokerage, property management, and investment advisory services. Closest comparable by geography, service mix, and scale for Capstone's MA/RI footprint.
• Marcus & Millichap: Specialized commercial real estate investment brokerage firm focused on investment sales, financing, and advisory. Comparable institutional-investor focus and investment-property transaction expertise relevant to Capstone's advisory work.

Regional players

• Lynch & Associates (Commercial Properties): Rhode Island-based commercial real estate firm offering brokerage and property management. Closest direct regional peer within Capstone's home Providence RI market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/capstone_prop

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 Capstone Properties