Equistone

What Equistone does

Equistone Partners is a boutique commercial real estate brokerage, development, and advisory firm headquartered at 21218 St. Andrews Blvd., Suite 110, Boca Raton, Florida. Founded in 2007 in California by Michael Harrison and expanded into Florida in 2014 by his brother Tyler Harrison, the firm operates two related entities: Equistone Development, Inc. (development, investments, and consulting) and Equistone Partners Florida, LLC (brokerage and tenant/landlord representation). Both managing principals previously held roles at CB Richard Ellis (CBRE), and the firm was a founding member of Graham Street Realty (GSR), the office arm of institutional investor Hamilton Zanze.

The firm offers two core service lines: (1) Development, Consulting & Investments — covering ground-up development, raw land acquisition, adaptive reuse, real estate investment repositioning, and distressed acquisition; and (2) Brokerage & Advisory Services — covering tenant representation, landlord representation and project leasing, and portfolio sales. Revenue is generated through transaction-based brokerage fees, development and consulting fees, and equity returns from co-investments where the firm invests its own capital alongside investor partners. The firm operates on a relationship-driven, sales-led GTM with both managing principals personally leading all engagements, supported by word-of-mouth referrals and a digital portfolio showcase. Its technology stack is standard CRE tooling — multiple listing services, market data platforms, and financial modeling tools — with no proprietary AI or technology differentiation.

Notable project outcomes include the 1500 Broadway adaptive reuse in Oakland (returned $21.67M to investors at a 6.08x equity multiple and 56.83% IRR; 2014 East Bay Real Estate Deal of the Year), the 80 Swan Way distressed acquisition (4x investor return), the 405 14th Street Oakland portfolio sale (over $20M), and the Kelley Kronenberg Law headquarters ground-up development in Fort Lauderdale (34,610 SF Class A, 2019 CASF Overall Craftsmanship award).

Name

Equistone

Legal name

Equistone Partners

Website

https://equistone.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Equistone Partners is a boutique commercial real estate brokerage, development, and advisory firm based in Boca Raton, Florida. Founded in 2007, it serves tenants, investors, property owners, and developers across multiple US markets through transaction-based brokerage, development, and equity co-investment services led by two managing principals.

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)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industry

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

Keywords

• Commercial real estate brokerage
• Tenant representation services
• Landlord representation services
• Commercial real estate development
• Real estate investment advisory

Headquarters

HQ city

Boca Raton

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, Infrastructure, Supply Chain

Revenue model

1. Brokerage and Advisory Services Fees: Equistone Partners generates revenue through professional services fees for brokerage and advisory services. The firm represents both tenants and landlords in commercial real estate transactions. Compensation structures include transaction-based fees for completed deals, as well as consulting fees for development and investment advisory engagements.
2. Development and Consulting Fees: The firm earns development and consulting fees on a performance basis. As stated on their website, the fee structure is financeable as part of the overall capital stack for development projects. The firm serves as both a fee-for-service developer and an equity investor/owner of its own assets.
3. Investment and Syndication Returns: Equistone Partners participates as a general partner and equity investor in real estate projects, earning carried interest and equity returns on investments alongside capital partners. The firm states it puts its own capital in every deal at the same terms as investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Equistone Partners is a boutique commercial real estate development, brokerage, and advisory firm that delivers ground-up development, adaptive reuse, raw land acquisition, distressed-asset investment repositioning, tenant representation, landlord representation/project leasing, and portfolio sale services to tenants, investors, property owners, and developers across multiple US markets. The firm operates two service lines—Development, Consulting & Investments and Brokerage & Advisory Services—and frequently co-invests its own capital alongside client partners on commercial real estate transactions.

Product overview

Equistone Partners is a commercial real estate development, brokerage, and advisory firm operating across multiple US markets. The company offers two core service lines: Development, Consulting & Investments (ground-up development, adaptive reuse, raw land acquisition, investment repositioning, and distressed asset acquisition) and Brokerage & Advisory Services (tenant representation, landlord representation project leasing, portfolio sales). The service modules are delivered through the firm's Managing Principals Michael Harrison and Tyler Harrison, with projects spanning California (San Francisco Bay Area) and Florida (Miami, Fort Lauderdale, Orlando, Tampa, Boca Raton).

Differentiator

Problem solved

Functional benefit

Products and services

• Development, Consulting & Investments Strategic planning, development advisory, and investment syndication services for commercial real estate projects, including ground-up development, adaptive reuse, raw land acquisition, distressed-asset repositioning, and capital stack structuring. Geared to property owners, developers, and real estate investors seeking build-to-suit or value-add opportunities.
• Brokerage & Advisory Services Full-service commercial brokerage offering tenant representation, landlord representation/project leasing, and portfolio advisory for commercial properties. Designed for tenants seeking office space, landlords seeking to lease or sell assets, and investors seeking brokerage representation.
• Ground-up Development New construction development services for commercial properties, including site selection, team assembly, due diligence, financing, and project delivery. For businesses and investors pursuing build-to-suit or speculative commercial projects.
• Raw Land Acquisition Land acquisition services for development projects, including site evaluation, contract negotiation, and entitlement processing. Intended for businesses or investors seeking undeveloped parcels for ground-up commercial development.
• Landlord Representation Project Leasing Property leasing services for landlords, including occupancy maximization, tenant retention, rent optimization, and portfolio management. Targeted at commercial property owners seeking to lease up or stabilize assets.
• Adaptive Reuse Development Conversion and repositioning of existing buildings, including historic structures, to new uses with updated infrastructure and amenities. Aimed at investors and developers seeking value-add repositioning opportunities.
• Tenant Representation Representation services for companies seeking office space, including lease negotiations, lease restructuring, renewals, and relocation assistance. Intended for corporate tenants from startups to established enterprises.
• Real Estate Investment Repositioning Investment repositioning services to acquire underperforming assets, implement capital improvements, and optimize returns through strategic leasing. Geared to real estate investors seeking value-add plays and stabilized returns.
• Landlord Representation Portfolio Sale Portfolio sale services for property owners, including rent roll analysis, rollover risk mitigation, and market positioning. Targeted at commercial property owners seeking to divest assets or portfolios.
• Distressed Real Estate Investment Acquisition Acquisition of distressed properties at below-replacement cost, including auction purchases, with subsequent lease-up and stabilization. Designed for investors pursuing opportunistic real estate acquisitions.

Quantifiable outcome

• $21.67 million returned to investors with 6.08x equity multiple and 56.83% IRR on 1500 Broadway adaptive reuse project
• +4 more outcomes

Named customers6 records

Segments4 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.

• Hamilton ZanzecoreStrategic or Co-development PartnerHamilton Zanze served as an affiliate equity partner alongside Equistone Partners on multiple commercial real estate acquisitions including the 80 Swan Way distressed acquisition and the 1500 Broadway adaptive reuse development. The partnership combined Equistone's brokerage and advisory expertise with Hamilton Zanze's institutional equity capabilities.
• Miller Construction CompanyminorImplementation/ SI/ Consulting PartnerGeneral contractor for the Kelley Kronenberg Law headquarters ground-up development project in Fort Lauderdale. Miller Construction Company worked with Equistone Partners and Cabrera Ramos Architects to deliver the 34,610 SF Class A office building on time and under budget.
• Cabrera Ramos Architects, Inc.minorImplementation/ SI/ Consulting PartnerMaster architect for the Kelley Kronenberg Law headquarters development and raw land acquisition projects. Cabrera Ramos Architects designed the ground-up construction project as part of the Equistone Partners development team.
• VSCO (Visual Supply Co.)coreStrategic or Co-development PartnerAnchor tenant and strategic design partner for the 1500 Broadway adaptive reuse project. Equistone Partners worked directly with the VSCO founder and architect to create a custom tech workspace, contributing to the project's award-winning design and successful repositioning.

Scale indicators7 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Eastdil Secured: Private CRE investment bank focused on large-deal investment sales, debt placement, and equity recapitalizations for institutional owners; closely comparable to Equistone's investment repositioning and co-investment/GP syndication practice on a relationship-led, deal-by-deal basis.
• Avison Young: Principal-led CRE services firm combining brokerage, capital markets, project management, and advisory — same boutique-meets-scaled DNA as Equistone, competing for the same tenant rep and landlord mandates especially in Florida and major gateway markets.
• Marcus & Millichap: Investment-sales brokerage focused on commercial real estate transactions and capital markets advisory for institutional and private investors; directly comparable to Equistone's investment repositioning and landlord representation/portfolio sale services on a transaction-fee model.

Broad incumbents

• Colliers International: Global CRE services and investment management firm with brokerage, project leadership, and tenant/landlord representation practices directly comparable to Equistone's offering, particularly in Florida and California where Equistone is active.
• JLL (Jones Lang LaSalle): Global CRE services firm offering brokerage, investment sales, tenant representation, project and development services, and capital markets advisory — a near-total functional overlap with Equistone, but at much larger scale across all US and global markets.
• Newmark Group: Public CRE services firm offering investment sales, landlord/tenant representation, and capital markets advisory; directly comparable service mix with broader geographic and capital-markets reach than Equistone.
• CBRE Group: Global CRE services major; both Equistone founders (Michael and Tyler Harrison) came from CBRE, and CBRE's investment sales, landlord/tenant rep, and asset repositioning practices directly overlap with every Equistone service line — CBRE is the benchmark incumbent.
• Cushman & Wakefield: Global CRE services firm with overlapping investment sales, agency leasing, tenant representation, and valuation/advisory practices; competes for the same landlord mandates and tenant-rep engagements as Equistone across major US markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Equistone
• Facebookfacebook.com/Equistone

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&A2 records

Investments

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

Frequently asked questions about Equistone