MAC

What MAC does

MAC (Montana Avenue Capital Partners, LLC) is a Los Angeles-headquartered, privately-held real estate investment, management, and development firm founded by Jeremy K. Rogers. The company acquires and manages commercial real estate — primarily office, R&D/flex, life science, and creative-office properties — on behalf of high-net-worth individuals, family offices, and institutional investors, targeting attractive risk-adjusted returns. MAC's strategy centers on off-market deal sourcing, creative structuring (including joint ventures with capital partners such as Mesa West Capital and Contrarian Capital Management), and opportunistic financing in innovation clusters of Southern California, Northern California, Boston, and Austin, with individual investments sized between $10 million and $100 million.

The firm reports $2.0+ billion in cumulative transaction volume and 3.2+ million square feet leased across its portfolio, with named assets including The Landing, The Station, 1700 Walnut, 5005 McConnell, The Enclave (Procore), Pacific Center, Rosemead, 621 Hawaii (Nexon), and the recently acquired Keurig Dr Pepper headquarters campus in Burlington, MA. The tenant roster spans credit-worthy corporates (Keurig Dr Pepper, Honda, Amazon) and innovation-sector firms (Armata Pharmaceuticals, Millennium Health, Nexon, AppFolio, Procore, Uber). The team of approximately 10 professionals includes a Managing Partner, Partner of Capital Formation (who also sits on the board of Italian management company Arsenale RE SGR, through which MAC accesses European capital), a Controller (CPA), Directors covering acquisitions/underwriting and construction, two Vice Presidents, an Associate, an Analyst, and a Staff Accountant.

MAC's go-to-market is relationship-driven: capital is raised directly from qualified investors via an investor portal and referrals, and deals are sourced and brokered through established networks including Newmark, JLL, CBRE, and Cushman & Wakefield. Revenue mechanics follow the standard real estate fund manager model — recurring asset management fees on deployed capital plus event-driven promote on realizations — though specific fee rates, fund sizes, and AUM are not publicly disclosed. The firm differentiates through submarket specialization, hands-on asset and construction management (notably office-to-lab conversions and creative-office repositioning), and cross-border capital formation rather than proprietary technology.

Name

MAC

Legal name

Montana Avenue Capital Partners, LLC

Website

https://macpartnersllc.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

MAC (Montana Avenue Capital Partners) is a Los Angeles-based private real estate investment, management, and development firm that acquires and manages commercial office, R&D, and life science properties in US innovation clusters on behalf of high-net-worth individuals, family offices, and institutional investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Investment Management: MAC acquires and manages real property investments on behalf of high-net-worth individuals, family offices and institutional investors, targeting attractive risk-adjusted returns through off-market deal sourcing, creative structuring, rigorous asset management and opportunistic financing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

MAC acquires, develops, repositions, and manages commercial real estate properties—primarily office, R&D/flex, and life-science assets—in innovation clusters across Southern California, Northern California, Boston, and Austin. The firm invests on behalf of high-net-worth individuals, family offices, and institutional investors with per-deal sizes between $10 million and $100 million, generating returns through off-market sourcing, creative structuring, opportunistic financing, and active asset management.

Product overview

MAC (Montana Avenue Capital Partners) is a real estate investment, management, and development company that operates as a single unified offering rather than a platform-plus-modules architecture. The company acquires, manages, and develops commercial properties—particularly office, R&D, and flex spaces—in innovation clusters serving life science, technology, and media tenants. Their portfolio includes named property assets such as The Landing, 5005, 621 Hawaii, Pacific Center, The Enclave, Rosemead, The Station, 1700, and 153 & 211 Second Ave., targeting investments between $10 million and $100 million in Southern California, Northern California, Boston, and Austin.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Investment Management Acquisition, ownership, and active management of commercial real estate portfolios on behalf of high-net-worth individuals, family offices, and institutional investors, targeting risk-adjusted returns via off-market sourcing, creative structuring, and opportunistic financing.
• Property Development and Repositioning Development and repositioning of commercial properties—particularly office-to-lab conversions and creative office repositioning—in technology, life science, and media innovation clusters across Southern California, Northern California, Boston, and Austin.
• European Fund Advisory Services Advisory services to the EU Fund managed by Arsenale RE SGR, an Italian Management Company, providing European capital partners with access to MAC's U.S. commercial real estate investment strategy.

Named customers9 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

Five partnerships are on record, tiered minor.

• NewmarkminorImplementation/ SI/ Consulting PartnerNewmark arranged the $84.5 million financing for the Keurig Dr Pepper campus acquisition and has facilitated multiple property sales and acquisitions for MAC.
• JLL (Jones Lang LaSalle)minorImplementation/ SI/ Consulting PartnerJLL represented MAC as seller in multiple transactions including the San Diego life science portfolio sale to Dollinger Properties and the Waltham life sciences buildings sale to Boston Properties.
• CBREminorImplementation/ SI/ Consulting PartnerCBRE represented MAC in the sale of the Goleta campus (50-90 Castilian Drive) to Shopoff Realty Investments and Praelium Commercial Real Estate.
• Cushman & WakefieldminorImplementation/ SI/ Consulting PartnerCushman & Wakefield represented both buyer and seller in the sale of Element at Kierland in Scottsdale, Arizona.
• Haynes Commercial GroupminorImplementation/ SI/ Consulting PartnerHaynes Commercial Group represented the seller in the sale of the Goleta AppFolio campus.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Rockwood Capital: Boutique commercial real estate investment manager with a similar West Coast and innovation-cluster focus. Jeremy Rogers, MAC's founder, previously co-headed Rockwood's LA office, making it the most directly comparable peer in mandate, deal size and submarket orientation.
• Westport Capital Partners: Mid-market commercial real estate investment manager focused on office, multifamily and mixed-use in coastal US markets. Comparable deal size and institutional capital model to MAC.
• Menlo Equities: Silicon Valley-based commercial real estate investor focused on technology and life science submarkets in Northern California. Directly comparable to MAC's tech/life science innovation cluster thesis.
• Longfellow Real Estate Partners: Specialist life science and innovation cluster real estate investment manager with national footprint. Comparable to MAC in life science focus and tenant-quality orientation.
• Buchanan Street Partners: Newport Beach-based commercial real estate investment manager with similar mid-market, value-add office and industrial focus in West Coast markets.
• Sares Regis Group: California-based diversified real estate investment and development firm with comparable mid-market office, multifamily and industrial deal profile.
• Bailard: Bay Area real estate and wealth management firm operating a real estate investment strategy targeting similar institutional and family-office clients in California.

Broad incumbents

• Harrison Street Capital: Large alternative real estate investment manager with dedicated life science, technology and innovation-tenant strategies. Comparable thematic exposure but at meaningfully greater scale than MAC.
• AEW Capital Management: Established diversified real estate investment manager with US office, life science and innovation-cluster strategies. Comparable thesis but materially larger AUM than MAC.

Emerging players

• Anchor Health Properties: Specialist medical office and life science real estate developer/investor with comparable innovation-cluster and institutional capital model, though narrower in tenant focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 MAC