Trask Land Company

What Trask Land Company does

Trask Land Company is a private, family-owned boutique commercial real estate development firm founded in 1999 by the Trask family and headquartered at 1022 Ashes Drive, Suite 201, Wilmington, NC. The firm develops, acquires, leases, and manages industrial, office, retail/mixed-use, and multifamily properties, with a stated track record of $500M+ in development value across 25+ projects and 1M+ commercial square feet developed. Its portfolio spans named projects including the nCino headquarters (180,000 SF across two office buildings plus a 646-space parking garage), Landfall Center (131,538 SF retail with 30+ tenants), Renaissance Market (46,000 SF retail with Total Wine, West Marine, Starbucks, and Verizon), Novant Brunswick County Medical Office Building (34,000 SF master-leased to Novant Health), Autumn Hall (236-acre mixed-use master plan), and Oak Grove at Blake Farm (186-unit 55+ active adult community). Geographic reach is regional, anchored in the Cape Fear region of North Carolina and expanding into Eastern North and South Carolina.

The company's revenue model combines three streams: commercial real estate development (development fees, project returns, property appreciation, classified as professional services), property management (managed services including leasing), and brokerage services (sales, leasing, and tenant representation across office, retail, land, medical, and mixed-use sectors). Pricing is custom and project-based, with no publicly disclosed fee schedules; contracts are typically multi-year and scope-driven. Go-to-market is sales-led and relationship-based, leveraging long-standing partnerships with established designers, engineers, architects, contractors, and lenders, complemented by direct enterprise sales channels and a portfolio-driven website with contact-form inquiry capture. The firm operates with a lean team of approximately 8 members covering finance, construction, brokerage, development management, market analysis, and bookkeeping functions.

Customer and tenant mix spans enterprise anchors including nCino (fintech), Novant Health (healthcare), Total Wine, West Marine, Starbucks, and Verizon, alongside retail and small-business tenants across its shopping centers. Recent strategic activity includes the December 2020 acquisition of the nCino HQ building for $16.3 million, the August 2022 joint acquisition of Landfall Shopping Center with Cameron Management, Collett Capital, and SHP Acquisitions, the 2022 sale of Stillwater at Southbridge to Hawthorne after a 9-year hold, completion of the Novant Brunswick MOB in June 2023, and the 2024 launch of Oak Grove at Blake Farm in the 55+ active adult vertical. The firm has no proprietary technology platform, no disclosed AI/ML capabilities, and operates as a traditional relationship-driven CRE developer-broker.

Name

Trask Land Company

Legal name

Trask Land Company, Inc.

Website

https://trasklandco.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Trask Land Company is a private, family-owned boutique commercial real estate development firm headquartered in Wilmington, NC, that develops, acquires, leases, and manages industrial, office, retail/mixed-use, and multifamily properties across the Cape Fear region and Eastern North and South Carolina, serving enterprise tenants and property investors through custom project-based development and brokerage services.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Real Estate Development: Develops, acquires, leases, and manages quality industrial, office, and mixed-use properties. Revenue generated through development fees, property appreciation, and project returns.
2. Property Management: Manages daily development of communities and property operations including leasing.
3. Brokerage Services: Site and market analysis, sales and leasing, tenant representation for office, retail, land, medical, and mixed-use properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Trask Land Company is a boutique commercial real estate company that develops, acquires, leases, and manages quality industrial, office, and mixed-use properties. The firm offers a full range of development services spanning site selection, due diligence, land acquisition, zoning, financial analysis, masterplanning, design, vendor management, bidding, and contract negotiation, and also provides commercial brokerage services including sales, leasing, and tenant representation across office, retail, land, medical, and mixed-use sectors.

Product overview

Trask Land Company is a boutique commercial real estate development company that operates as a unified platform offering development, acquisition, leasing, and management of industrial, office, retail/mixed-use, and multifamily properties. The company's product portfolio includes named real estate projects (Oak Grove at Blake Farm, Landfall Center, nCino Headquarters, Renaissance Market, Autumn Hall, Novant Brunswick County Medical Office Building, Stillwater at Southbridge, and Single Family Residential Communities) supplemented by Core Development Services and Brokerage Services modules that support the full lifecycle of property development from rezoning through infrastructure and build-to-suit.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• $500M+ of development completed
• +3 more outcomes

Named customers7 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

Two partnerships are on record, tiered core.

• Cameron ManagementcoreStrategic or Co-development Partner · 1 August 2022Joint purchaser of Landfall Shopping Center with Cameron Management, Collett Capital, and SHP Acquisitions in August 2022. Cameron Management handles leasing alongside Trask Land Company.
• Harbour Retail PartnerscoreStrategic or Co-development Partner · 1 January 2018Originally a JV partnership with Harbour Retail Partners for Renaissance Market. Trask entity purchased HRP membership upon stabilization at refinance.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Others

• Holder Construction: Atlanta-based national construction manager and real estate developer serving corporate and institutional clients. Comparable as an integrated builder-developer for build-to-suit corporate projects, especially relevant given Trask's relationship-based service model.

Direct peers

• The Beck Group: Dallas-based integrated commercial real estate firm offering development, architecture, and construction services. Comparable as a vertically integrated regional boutique developer serving corporate and institutional clients with build-to-suit projects.
• Childress Klein: Charlotte-based private commercial real estate developer with a similar boutique platform spanning office, industrial, retail, and multifamily in the Carolinas. Closest analog in scale, private ownership, and Sun Belt focus.
• Pope & Land Enterprises: Peachtree Corners, GA-based commercial real estate developer with similar boutique profile, focused on office, industrial, and mixed-use in the Southeast. Comparable size and relationship-driven development model.
• Granite Properties: Plano, TX-based privately held commercial real estate investment and development company focused on Class A office and mixed-use. Similar boutique relationship-driven approach serving corporate build-to-suit clients.

Regional players

• Edgemoor Infrastructure & Real Estate: Rockville, MD-based developer focused on public-private partnerships and large-scale mixed-use developments. Comparable boutique developer profile, though with more institutional/P3 orientation and Mid-Atlantic geography.

Broad incumbents

• Trammell Crow Company: Major national commercial realestate developer with deep Carolinas presence through offices in Charlotte and Raleigh. Competes for the same institutional-grade build-to-suit and development mandates but operates at materially larger scale.
• Cousins Properties: Atlanta-based publicly traded REIT focused on Class A office development and management in the Sun Belt. Comparable as a commercial real estate developer and operator with similar Sun Belt geographic focus, though substantially larger and publicly traded.
• Lincoln Property Company: National commercial real estate services firm with third-party management, development, and leasing across all asset classes. Comparable service offering (development + property management + brokerage) but operating at significantly larger scale.
• Crescent Communities: Charlotte-based real estate developer operating across multifamily, office, industrial, and mixed-use in the Carolinas and broader Southeast. Direct competitor for the same regional tenant pool and build-to-suit mandates that Trask targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/trask-land-company-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Trask Land Company