Boulos Asset Management
Boulos Asset Management is a Portland, Maine-based commercial real estate services firm founded in 1975, offering property management, financial advisory, lease administration, project management, and brokerage to owners, investors, and occupiers across Northern New England, managing over 5 million square feet.
- Company typePrivate
- Founded1975
- HeadquartersPortland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Boulos Asset Management does
Boulos Asset Management is a privately held commercial real estate services firm founded in 1975 by Joseph Boulos and headquartered at 100 Middle Street, Portland, Maine. The firm serves commercial real estate owners, investors, and occupiers across Northern New England (primarily Maine and southern New Hampshire), and positions itself as the region's largest commercial real estate management company, managing over 5–6 million square feet of office, industrial, retail, multi-unit, and investment property. Its CFO oversees accounting, finance, and treasury for the company and 90 separate real estate entities and operating companies, indicating a portfolio structured across numerous ownership vehicles.
The business is organized around five integrated service lines: property management (daily building operations, vendor management, engineering, janitorial, security, tenant relations, and 24/7 emergency response), financial/advisory services (accounting, reporting, budgeting, mortgage sourcing, cash-flow modeling, and financing advisory), lease administration (lease abstracting, renewals, rent collection, CAM billing, and compliance monitoring), project/construction management (tenant improvements, permitting, site selection, and energy consulting), and brokerage services. Technology is not proprietary: the firm runs on the third-party Building Engines property management platform, which powers an online tenant work order portal integrated with a 24/7 call center for maintenance and emergency requests. Related brands include Boulos Brokerage and Boulos Development.
The revenue model is professional-services based, with fees earned on management contracts (charged by square footage or as a percentage of property value), advisory engagements, lease administration, and project/brokerage work. Pricing is quote-based and not publicly disclosed. Go-to-market is sales-led and relationship-driven, relying on direct business development, an established regional reputation, and client referrals rather than scaled marketing. The firm employs roughly 50 people. In a notable governance event, Brian Brooks assumed the role of President effective March 1, 2026, with long-serving President Morris Fisher (President 2005–2026) transitioning to Executive Vice President; Joseph Boulos remains Chairman and Founder.
Boulos Asset Management firmographics
Firmographics- Name
- Boulos Asset Management
- Legal name
- Boulos Asset Management
- Website
- https://boulospm.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Boulos Asset Management is a Portland, Maine-based commercial real estate services firm founded in 1975, offering property management, financial advisory, lease administration, project management, and brokerage to owners, investors, and occupiers across Northern New England, managing over 5 million square feet.
- Ownership category
- akta.pro rank
Boulos Asset Management industry classification
Industry- Product category
- Commercial Real Estate Management
- NAICS
- Nonresidential Property Managers (531312), Real Estate Property Managers (53131)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
- akta.pro secondary industry
- Office Property Management (BPAJAGAA)
Keywords
Where Boulos Asset Management is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Boulos Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Property Management Services: Comprehensive property management services for commercial real estate including building operations, maintenance, security, and tenant relations. Revenue derived from management fees based on square footage or percentage of property value under management.
- Financial Advisory Services: Financial due diligence, mortgage sourcing assistance, cash flow modeling, and financing advisory services for property acquisitions and investments.
- Lease Administration: Lease management services including lease abstracting, renewal processing, rent collection, and CAM billing.
- Project Management Services: Construction management, tenant improvements, and development consulting for new building construction and renovation projects.
- Brokerage Services: Commercial real estate brokerage services including leasing representation for office, industrial, and retail properties.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Boulos Asset Management product offering
Product offeringCore offering
Boulos Asset Management provides full-service commercial real estate management for office, industrial, retail, multi-unit, and investment properties across Northern New England. The firm delivers day-to-day property operations, financial advisory and reporting, lease administration, construction/project management, and commercial brokerage services through an integrated team overseeing more than 5 million square feet of commercial space for 90 separate real estate entities.
Product overview
Boulos Asset Management offers a unified commercial real estate management platform consisting of five integrated service modules: Property Management (core building operations, vendor management, security, and 24/7 emergency response), Financial Services (accounting, financial reporting, and advisory), Lease Administration (lease tracking, renewals, and compliance), Project Management Services (construction management and tenant improvements), and a Tenant Work Order Portal (Building Engines-powered online maintenance request system). The services are designed for commercial property owners, investors, and occupiers in the Northern New England market, managing over 6 million square feet of commercial space.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Services Full-service property management for commercial real estate including daily building operations, vendor management, engineering, janitorial, security services, tenant relations, lease administration, and 24/7 emergency response with an online work order system, designed for commercial property owners, investors, and occupiers in Northern New England.
- Financial Advisory Services Financial due diligence, mortgage sourcing assistance, cash flow modeling, and financing advisory services for property acquisitions and investments, plus accounting, financial reporting, and budgeting for real estate investment management.
- Lease Administration Lease management services including processing new leases, tracking lease dates, preparing renewals and amendments, drafting official notices, and monitoring estoppels and lease compliance for commercial property owners and tenants.
- Project Management Services Construction management, tenant improvements, permits and approvals, due diligence, site selection, design coordination, and energy consulting for new building construction and renovation projects for commercial property owners.
- Brokerage Services (Boulos Brokerage) Commercial real estate brokerage services including leasing representation for office, industrial, and retail properties, delivered through the Boulos Brokerage sub-brand under the Boulos umbrella.
Quantifiable outcome
- Tenant satisfaction with management style demonstrated through recent surveys
- +1 more outcomes
Companies that use Boulos Asset Management
Customer profileSegments3 records
Ideal customer profiles3 records
Boulos Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature1 record
Boulos Asset Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Building EnginessupportingBuilding Engines provides the property management software platform that powers Boulos Asset Management's online tenant work order portal, enabling tenants to log in and submit maintenance requests digitally.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Boulos Asset Management competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield: Major global CRE services firm spanning property management, valuation, leasing, and investment advisory. Direct competitor in commercial property management services with substantially larger geographic reach and technology investments than Boulos.
- Colliers International: Global diversified CRE services company providing property management, project management, brokerage, and valuation services. Competes with Boulos for institutional and investor clients in the commercial property management space, though at much larger scale.
- CBRE Group: The world's largest commercial real estate services firm, offering property management, investment sales, valuation, and advisory across virtually every asset class and geography. Overlaps with Boulos across property management, brokerage, and financial advisory, but operates at global scale versus Boulos's regional Northern New England focus.
- JLL (Jones Lang LaSalle): Global real estate services firm offering property management, leasing, capital markets, and advisory across all major property sectors. Comparable in service breadth to Boulos's full-service platform, though operating at significantly larger scale and national/international footprint.
- The RMR Group: Asset management firm focused on real estate and real estate-related assets, providing property management, capital markets, and leasing services primarily to REITs and commercial real estate owners. Comparable in the asset and property management services Boulos provides, though publicly traded and far larger.
- Newmark Group: Global CRE services firm offering leasing, investment sales, property management, and advisory services. Direct competitor in commercial property management and brokerage with national scale versus Boulos's regional concentration.
Direct peers
- Lincoln Property Company: One of the largest diversified CRE services firms in the US, providing property management, leasing, and asset management across office, industrial, retail, and multifamily. Highly comparable to Boulos's full-service commercial property management model; Boulos even hired Asset Manager John Field from Lincoln, indicating overlap in talent and approach.
Regional players
- Cascade Management: Pacific Northwest-focused diversified property management firm providing services across multifamily, affordable housing, and commercial properties. Comparable regional full-service property management model to Boulos, but primarily Oregon/Washington-based rather than New England.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Boulos Asset Management social profiles
Digital presenceBoulos Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Boulos Asset Management leadership team
Management profileNumber of profiles
Profiles4 records
Boulos Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Boulos Asset Management 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 Boulos Asset Management
What does Boulos Asset Management do?
Boulos Asset Management provides full-service commercial real estate management for office, industrial, retail, multi-unit, and investment properties across Northern New England. The firm delivers day-to-day property operations, financial advisory and reporting, lease administration, construction/project management, and commercial brokerage services through an integrated team overseeing more than 5 million square feet of commercial space for 90 separate real estate entities.
Is Boulos Asset Management a public or private company?
Boulos Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Boulos Asset Management founded?
Boulos Asset Management was founded in 1975. It employs 11 to 50 people.
Where is Boulos Asset Management based?
Boulos Asset Management is headquartered in Portland, United States, in the North America region.
How does Boulos Asset Management make money?
Five revenue lines are on record. Property Management Services are the primary driver. The others are financial Advisory Services, lease Administration, project Management Services and brokerage Services.
Who are Boulos Asset Management's main competitors?
Broad incumbents on record are Cushman & Wakefield, Colliers International, CBRE Group, JLL (Jones Lang LaSalle), The RMR Group and Newmark Group. Lincoln Property Company is listed as a direct peer. Cascade Management is listed as a regional player.
Does Boulos Asset Management have an API?
No public API is recorded for Boulos Asset Management.
What industry is Boulos Asset Management in?
Boulos Asset Management's product category is Commercial Real Estate Management. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management, with a secondary code of BPAJAGAA, Office Property Management. Its NAICS code is 531312 and its SIC code is 6512.