What Lockwood Development does

Lockwood Development is a privately held, full-service commercial real estate development and construction company headquartered in Omaha, Nebraska, founded in 2002 by Chip James. The firm operates an integrated owner-builder model spanning land acquisition, site selection, lender negotiations, zoning and entitlements, financial analysis, pre-construction projections, general contracting, leasing and sales, and ongoing property management. It targets commercial property owners, office and retail tenants, and business clients requiring complex development projects in the Midwest, and has delivered over 3 million square feet of development since inception.

The company is organized into three operating units: Lockwood Development (core development and property management), Lockwood Construction, LLC (general contracting division established in 2005), and Bloomfield Custom Homes (residential construction division launched in 2018). Lockwood manages more than 2 million square feet of its own portfolio plus approximately 1 million square feet for third-party owners, covering Class A and B office, retail, flex space, and residential assets. Notable tenants include LinkedIn (corporate HQ in a LEED Gold, Fitwell Certified building completed 2021), Starbucks, T-Mobile, US Bank, Panera Bread, Crumbl Cookie, Scooter's, West Corporation, Markel Insurance, and Jetlinx. Major active projects include the $500 million Crossroads redevelopment and the $200-250 million Sterling Ridge mixed-use development (transforming the 153-acre former Ironwood Country Club property acquired in 2010 for $9.98 million).

Lockwood's revenue is derived from four streams: professional services for development, one-time general contracting on construction projects, transaction fees from leasing and sales, and recurring property management fees. Pricing is quote-based and project-specific with no public rate card. The company employs 11-50 people across development, construction, property management, accounting, marketing, and administration functions, and is privately held with no disclosed institutional investors or funding rounds.

Name

Lockwood Development

Legal name

Lockwood Development

Website

https://lockwooddev.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Lockwood Development is a privately held Omaha-based full-service commercial real estate firm providing integrated development, construction, leasing, and property management services to Midwest businesses and property owners since 2002.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development and Construction

NAICS

Residential Property Managers (531311), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Rental and Leasing Services (532)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Timberland Asset Management & Consulting (AFAMAAAI)

akta.pro secondary industries

Vegetation & Right-of-Way (ROW) Asset Management (EUAEAMAJ), Mechanical Vegetation Control (Mowing, Mulching, Brush Cutting) (EUADAOAD), Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF)

Keywords

• Commercial real estate development
• General contracting services
• Property management services
• Mixed-use development projects
• Leasing and sales services

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development Services: Full-service real estate development including land acquisition, site selection, lender negotiations, zoning & entitlements, financial analysis, pre-construction projections, capital forecasting, and market research.
2. Construction Services: General contracting and construction services delivered through an integrated owner-builder model ensuring seamless coordination from project inception to completion.
3. Leasing & Sales: Commercial real estate leasing and sales of developed properties.
4. Property Management: Property management services for their own portfolio and third-party owners, including tenant relations, maintenance & repairs, rent collection, financial reporting, and capital forecasting. Manages Class A and B office properties, all classes of retail, flex space, and residential.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Lockwood Development is a full-service commercial real estate development and construction company with a core focus on land, mixed-use, office, and retail development projects across the Midwest. Services span the entire real estate lifecycle, including land acquisition, site selection, lender negotiations, zoning and entitlements, financial analysis, pre-construction projections, general contracting, leasing and sales, and ongoing property management. The company operates an integrated owner-builder model, with Lockwood Construction, LLC providing general contracting and Bloomfield Custom Homes handling residential construction.

Product overview

Lockwood Development is a full-service commercial real estate development and construction company operating as a unified platform. The core company encompasses development services (land acquisition, site selection, lender negotiations, zoning, entitlements, financial analysis, pre-construction projections, leasing, sales) and property management. Lockwood Construction, LLC operates as an integrated division providing general contracting services, while Bloomfield Custom Homes is a residential construction division. The company also manages over two million square feet of commercial properties through its property management team.

Differentiator

Problem solved

Functional benefit

Brands

• Bloomfield Custom Homes: A division of Lockwood Development formed to meet the increasing demand of custom built quality homes. Has constructed approximately $10 million worth of custom homes priced at $600,000 and above.

Products and services

• Commercial Real Estate Development Services Full-service development services covering land acquisition, site selection, lender negotiations, zoning and entitlements, financial analysis, pre-construction projections, capital forecasting, and market research for businesses and property owners in the Midwest.
• General Contracting and Construction Services General contracting services delivered through Lockwood Construction, LLC, working closely with architects and engineers to control cost, quality, scheduling, and timely delivery on commercial construction projects.
• Commercial Leasing and Sales

Quantifiable outcome

• Over 3 million square feet developed since 2002
• +1 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 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.

• Tri-Faith Initiative (Temple Israel, American Institute of Islamic Studies and Culture, Episcopal Diocese of Nebraska)coreStrategic or Co-development Partner · 1 January 2011Lockwood Development sold land at the Sterling Ridge development to the Tri-Faith Initiative for the construction of a synagogue, mosque, and church on the same 35-acre corner of the former Ironwood Golf Course. Each group paid approximately $170,000 per acre. The tri-faith campus is a unique interfaith development project generating national attention.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Lanoha Development: Omaha-based full-service real estate developer with an integrated development and construction model serving the Midwest. Directly comparable in scale, geography, and integrated owner-builder approach to Lockwood.
• Noddleman Companies: Omaha-based commercial real estate developer and property manager operating across office, retail, and mixed-use projects. Closely comparable to Lockwood in geographic focus, integrated service model, and Midwest market orientation.
• The Lund Company: Omaha-based full-service commercial real estate firm offering development, brokerage, and property management services. Comparable in regional scope and integrated CRE services approach.

Regional players

• Burlington Capital: Omaha/Midwest-based real estate investment and development firm with a multi-asset-class portfolio. Comparable as a Midwest-focused institutional CRE operator, though larger and more capital-markets oriented.
• Kiewit Corporation: Omaha-headquartered construction, engineering, and development firm with major project execution capability. Comparable as a large-scale Midwest-headquartered construction and development operator, though Kiewit is significantly larger and infrastructure-focused.

Broad incumbents

• Greystar Real Estate Partners: Largest global operator of multifamily and rental housing property management. Comparable as a property management platform at scale, though focused on residential rentals rather than Lockwood's mixed commercial portfolio.
• CBRE Group: Global commercial real estate services firm offering development, investment sales, leasing, and property management. Overlaps with Lockwood's integrated CRE services at a vastly larger scale and broader geographic footprint.
• JLL (Jones Lang LaSalle): Global professional services firm specializing in real estate and investment management, including development advisory, project management, and property management. Comparable service breadth to Lockwood at enterprise scale.
• Cushman & Wakefield: Global commercial real estate services firm with development, valuation, leasing, and property management capabilities. Comparable to Lockwood's full-service CRE platform though serving global institutional clients.
• Colliers International: Global commercial real estate services and investment firm offering project management, development advisory, and property management. Comparable full-service CRE model at significantly larger scale.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/lockwooddevelopmentomaha
• LinkedInlinkedin.com/company/lockwood-development
• Xx.com/lockwooddevelop

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Lockwood Development