MRE Commercial Real Estate

What MRE Commercial Real Estate does

MRE Commercial Real Estate is a private, partner-owned commercial real estate brokerage firm headquartered in Emeryville, California, operating since 1992 under the tagline "East Bay Metro Specialists." The company delivers four core service lines to private investors, owner users, and tenants across the East Bay metro market: sales brokerage (investments, multi-family, owner-user, and 1031 exchanges), leasing brokerage (retail, industrial, and office), property and construction management through its wholly-owned MRE Property Management subsidiary, and consulting covering management optimization, development entitlements, and property valuation. The firm is co-founded by Erik Housh and Matt Gondak, both with 35+ years of East Bay experience, and has expanded its team through partner-level additions in 2010, 2016, and 2022.

The business model is relationship-driven and fee-based, with no disclosed pricing, no technology platform beyond a property listings website and a RentManager-powered tenant payments portal, and no AI or proprietary software capabilities. Distribution is direct via referrals, personal outreach, and a content-led website (case studies, listings, team profiles), with no third-party channel partners, resellers, or paid marketing. The client base spans enterprise investors (Equity Residential, Mill Creek Residential, Lennar Multifamily), government and education (City of Berkeley, U.C. Berkeley), nonprofit affordable housing (Satellite Affordable Housing Associates), and a long tail of small business tenants.

Operationally, MRE is a small specialist firm (1–10 employees, 6 named agents) with deep local market knowledge and limited geographic diversification beyond the East Bay. It is privately held with no institutional funding, no parent company, and no disclosed M&A activity. Customer concentration appears moderate given a diverse named logo set, and revenue is split across transactional commissions and managed services, with a modest but expanding consulting and construction management overlay.

Name

MRE Commercial Real Estate

Legal name

MRE Commercial Real Estate

Website

https://mrecommercial.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

MRE Commercial Real Estate is a private, partner-owned commercial real estate brokerage founded in 1992 in Emeryville, California, providing sales, leasing, property management, and consulting services to private investors, owner users, and tenants across the East Bay metro market.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Nonresidential Property Managers (531312)

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

Keywords

• Commercial real estate brokerage
• Property leasing services
• Investment property sales
• Commercial property management
• Real estate consulting

Headquarters

HQ city

Emeryville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Sales Brokerage: Commission-based brokerage on commercial property sales including investments, multi-family, owner user properties, and 1031 exchanges.
2. Leasing Brokerage: Commission-based brokerage on commercial leasing for retail, industrial, and office properties.
3. Property Management: Property, portfolio, and project management services. Construction management also offered. Separate management website (mrepropmgmt.com) with tenant online payment portal.
4. Consulting: Management optimization, development entitlements, and property valuation consulting services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MRE Commercial Real Estate is a full-service commercial real estate brokerage serving private investors, owner users, and tenants in the East Bay Metro market. The firm delivers commercial property sales (investments, multi-family, owner user, 1031 exchanges), leasing (retail, industrial, office), property/portfolio/project/construction management through its MRE Property Management subsidiary, and consulting services covering management optimization, development entitlements, and property valuation.

Differentiator

Problem solved

Functional benefit

Brands

• MRE Property Management: Property, portfolio, project and construction management services operated at mrepropmgmt.com

Products and services

• Sales Brokerage
• Leasing Brokerage
• Property Management
• Consulting

Quantifiable outcome

• 30% boost in lease revenues within two years for a 30,000-SF office/retail building in South San Francisco through tenant optimization, building services reorganization, and strategic improvements.
• +2 more outcomes

Named customers15 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

Integration1 record

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CBRE Group: The largest global commercial real estate services firm, offering brokerage, property management, and consulting across all major U.S. markets including the Bay Area. Overlaps with MRE on leasing, sales, and management but operates at vastly greater scale and geographic breadth.
• JLL (Jones Lang LaSalle): Global real estate services firm competing in investment sales, leasing, and property management. Has a significant Bay Area presence and competes for the same institutional clients (Equity Residential, Lennar, etc.) that MRE serves.
• Colliers International: Global CRE services firm with strong Bay Area operations providing brokerage, property management, and advisory. Direct overlap with MRE's tenant representation, investment sales, and management offerings.
• Cushman & Wakefield: Global CRE services firm with significant Bay Area operations in brokerage, valuation, and property management. Competes with MRE across leasing, sales, and consulting mandates.
• Newmark Group: Full-service CRE firm providing leasing, investment sales, and advisory across U.S. markets including Northern California. Overlaps with MRE on leasing, sales brokerage, and consulting.
• Avison Young: Private, partnership-based global CRE services firm with strong Bay Area operations. Closely mirrors MRE's partnership culture while offering greater scale, technology, and geographic reach.
• Eastdil Secured: Specialized investment banking advisor to real estate owners, investors, and developers, focused on capital markets and large investment sales. Comparable to MRE on the investment sales / 1031 exchange side, though at materially larger transaction sizes.

Direct peers

• Marcus & Millichap: Investment sales brokerage specializing in commercial real estate investment properties, with strong multifamily and 1031-exchange focus. Direct overlap with MRE's investment sales and multi-family brokerage services.
• Lee & Associates: Privately held, broker-owned commercial real estate firm with regional offices across the U.S. Closely comparable to MRE in culture (partner-owned), service mix (sales, leasing, management), and mid-market client focus.

Regional players

• NAI Northern California: Regional CRE services franchise serving Northern California with brokerage, property management, and consulting. Comparable to MRE in regional scope, full-service model, and East Bay/Bay Area client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MRE-Commercial-Real-Estate-101891267965001
• LinkedInlinkedin.com/company/mre-commercial-real-estate

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 MRE Commercial Real Estate