Sharp Realty & Management
Sharp Realty & Management LLC is a privately held Birmingham, Alabama-based commercial real estate firm that owns and manages over 2,000,000 square feet of retail, office, and medical properties across the Southeast and Midwest US, specializing in acquiring, redeveloping, and leasing shopping centers anchored by national retailers.
- Company typePrivate
- Founded-
- HeadquartersBirmingham, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Sharp Realty & Management does
Sharp Realty & Management LLC is a privately held commercial real estate firm headquartered in Birmingham, Alabama, founded and controlled by Samuel W. Sharp (CEO & President). The company specializes in the development, acquisition, redevelopment, leasing, management, and brokerage of commercial real estate assets, owning and managing a portfolio of over 2,000,000 square feet across the Southeast and Midwest United States. The portfolio spans enclosed malls, grocery-anchored shopping centers, lifestyle centers, strip centers, Class A office buildings, and medical office facilities, with notable assets including the 770,000 SF Oak Ridge City Center (Tennessee), the 350,000 SF Jasper Mall (Alabama), the 260,600 SF Brookwood Medical Plaza (Alabama), and the 200,000 SF Northwood Crossings (Alabama).
The firm's core operating model is value-add retail real estate: it acquires underperforming or distressed retail assets — frequently shadow boxes and centers with dark anchors — and creates value through renovation, anchor tenant recruitment, facade upgrades, and rebranding. Documented outcomes include moving Northwood Crossings from 70% occupancy (with a dark Delchoups anchor) to 95% leased, and lifting Southbrook Village to 98.5% occupancy after facade improvements. The company monetizes stabilized assets opportunistically, exemplified by the $7.5 million sale of Pelham Plaza to Locke Property Investments in 2007.
Revenue is generated through three primary streams: recurring rental income from commercial leasing of owned shopping centers and office space (subscription-like, multi-year contracts), one-time gains on property sales, and property management fees across the owned and managed portfolio. Distribution is hybrid — internal leasing led by Jeff Werszner and a co-brokerage network including Southpace Properties, Dove Capital Advisors, Shane Investments, and Retail Specialists — targeting national retail chains (Publix, Walmart, Belk, CVS, Dollar General, Harbor Freight, Kroger, Orscheln, Hibbett Sports) for anchor and inline space, alongside regional retailers, healthcare providers, and professional service tenants. Operations are run with a lean internal team supplemented by external broker and professional service partners (architects, construction managers).
Sharp Realty & Management firmographics
Firmographics- Name
- Sharp Realty & Management
- Legal name
- Sharp Realty & Management LLC
- Website
- https://sharprealty.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Sharp Realty & Management LLC is a privately held Birmingham, Alabama-based commercial real estate firm that owns and manages over 2,000,000 square feet of retail, office, and medical properties across the Southeast and Midwest US, specializing in acquiring, redeveloping, and leasing shopping centers anchored by national retailers.
- Ownership category
- akta.pro rank
Sharp Realty & Management industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (53121), Real Estate and Rental and Leasing (53)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Retail Real Estate Asset Management (BPAJAMAF)
- akta.pro secondary industries
- Retail Brokerage (BPAJABAB), Office Real Estate Asset Management (BPAJAMAG), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where Sharp Realty & Management is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sharp Realty & Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Commercial Property Leasing: Generating recurring rental income from leasing retail, office, and commercial spaces in owned shopping centers and properties across Southeast and Midwest U.S.
- Property Sales: Revenue from selling owned properties including shopping centers, retail centers, office buildings, and land parcels. Examples include Cherry Tree Plaza, Pelham Plaza, Southbrook Village sold to Phillips Edison & Company for $7.5 million.
- Property Management Services: Fees earned from managing properties owned by Sharp Realty and potentially third parties. The company manages over 2,000,000 square feet of space.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Commercial Lease - Quote-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Sharp Realty & Management product offering
Product offeringCore offering
Sharp Realty & Management is a commercial real estate firm that owns and manages over 2,000,000 square feet of retail, office, and medical space across the Southeast and Midwest US. The company provides integrated services across the entire real estate lifecycle, including property development, acquisition, redevelopment, leasing, property management, brokerage, and tenant representation for shopping centers, enclosed malls, strip centers, lifestyle centers, and office buildings.
Product overview
Sharp Realty & Management is a commercial real estate firm offering a portfolio of integrated services including property development, acquisition, redevelopment, leasing, management, brokerage, and tenant representation. The company owns and manages over 2,000,000 square feet of commercial space across retail centers, enclosed malls, strip centers, lifestyle centers, and office buildings throughout the Southeast and Midwest United States. The product portfolio includes named properties such as Cherry Tree Plaza, Southland Village, Madison Crossing, Pelham Towne Center, Northport Corners, Northwood Crossings, Jasper Mall, West Hills Plaza, Oak Ridge City Center, Shades Creek Plaza, Big Springs Village, and Brookwood Medical Plaza, as well as commercial land for sale and professional leasing/management services.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Leasing Leasing of shopping centers, malls, and office spaces strategically positioned near population centers and college campuses across the Southeast and Midwest U.S. Available spaces include endcaps from 2,000+/- SF and spaces of 1,400+/- SF. Office space available at 1,350+/- SF.
- Property Management Professional property management services for owned and managed real estate portfolio of over 2,000,000 square feet across the Southeast and Midwest U.S.
- Brokerage Services Commercial real estate brokerage services including tenant representation and property sales across the Southeast and Midwest U.S.
- Tenant Representation Full tenant representation services for businesses seeking retail or office space, including site selection, lease negotiation, and space planning.
- Real Estate Development and Redevelopment Development and redevelopment of commercial real estate assets with successful track record in value creation through renovation and repositioning of underperforming properties.
- Investment and Acquisition Services Investment services for commercial real estate including acquisition and development of value-add retail properties across the Southeast and Midwest U.S.
- Commercial Land for Sale Commercial land parcels for sale enabling developers to build to suit, including ready-to-build outparcels for restaurants, retail, medical and professional offices.
Quantifiable outcome
- Transformed Northwood Crossings from 70% occupancy with dark Delchoups grocery store to 95% leased
- +1 more outcomes
Companies that use Sharp Realty & Management
Customer profileNamed customers14 records
Segments4 records
Ideal customer profiles4 records
Sharp Realty & Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sharp Realty & Management partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- Dove Capital AdvisorsminorCommercial real estate advisory firm. Broker Rob Scheiman represented Southland Village Partners in the sale of Southland Village to Sharp Realty in Troy, Alabama.
- Southland Village Partners, Ltd.minorSeller of Southland Village shopping center in Troy, Alabama. Sharp Realty acquired the 104,496 SF community shopping center from this Florida-based company. Transaction was facilitated by broker Rob Scheiman with Dove Capital Advisors representing the seller.
- Malan WSC, LLCminorSeller of Cherry Tree Plaza shopping center in Washington, Indiana. Birmingham-based Sharp Realty acquired the 143,600 SF former Walmart center from this Michigan company.
- Bradford Building CompanyminorConstruction manager for Cherry Tree Plaza redevelopment project in Washington, Indiana. Local company working with Sharp Realty on the renovation and repositioning of the 143,000+ SF shopping center.
- Krebs & AssociatesminorArchitect for Cherry Tree Plaza redevelopment in Washington, Indiana. Provided architectural services for the renovation and tenant improvement work at the shopping center.
- Shane InvestmentsminorCommercial real estate investment firm based in Alpharetta, Georgia. Co-brokered Warner Robins Shopping Center sale with Sharp Realty's David Corey. Buyer was Livingston Properties.
- Livingston PropertiesminorBuyer of Warner Robins Shopping Center (40,000 SF) in Warner Robins, Georgia. Property was co-owned by Sharp Realty and Buchalter Companies before sale.
- Southpace Properties, Inc.minorCommercial real estate broker representing Sharp Realty as seller of Pelham Plaza Shopping Center. Broker Michael Randman represented Sharp Realty in the $7.5 million transaction to Locke Property Investments.
- Locke Property InvestmentsminorGeorgia-based buyer that purchased Pelham Plaza Shopping Center (110,000 SF) from Sharp Realty for $7.5 million. Represented by Retail Specialists, Inc. of Birmingham, Alabama.
- Phillips Edison & CompanyminorCincinnati, Ohio-based real estate investment company that purchased Southbrook Village Shopping Center from Sharp Realty. The 150,000 SF center was anchored by Bruno's Supermarket.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Sharp Realty & Management competitors and assessment
Company assessmentBroad incumbents
- Kimco Realty: Major publicly-traded shopping center REIT focused on grocery-anchored and open-air retail. Overlaps with Sharp's anchor tenant mix (Publix, Kroger, Walmart) and redevelopment-oriented business model.
- Federal Realty Investment Trust: High-quality open-air shopping center and mixed-use REIT. Operates the same development, redevelopment, and tenant-retainment playbook Sharp employs, but in higher-density, higher-rent markets.
- Weingarten Realty Investors: Diversified shopping center owner with strong grocery-anchored strategy. Comparable in tenant mix (Publix, Kroger-anchored centers) and redevelopment orientation.
- Brixmor Property Group: Largest publicly-traded owner of open-air shopping centers in the U.S. (~370M SF). Competes with Sharp for grocery-anchored acquisitions and leasing relationships in overlapping Southeast and Midwest trade areas, with materially greater capital and operating scale.
- RPT Realty: Shopping center REIT with significant grocery-anchored exposure in secondary and tertiary markets similar to Sharp's footprint. Direct strategic overlap in value-add and stabilization plays.
- Kite Realty Group: Open-air shopping center REIT with a Southeast and Sun Belt focus that mirrors Sharp's geographic strategy. Competes for similar grocery-anchored assets and tenant relationships.
Direct peers
- CBL & Associates: Mall and open-air shopping center owner with concentration in the Southeast and Midwest that matches Sharp's footprint. Comparable exposure to enclosed mall headwinds via assets like Jasper Mall and Oak Ridge City Center.
- Phillips Edison & Company: National grocery-anchored shopping center REIT and an actual buyer of Sharp's assets (acquired Southbrook Village). Operates an open-air shopping center strategy that directly overlaps Sharp's value-add and stable retail focus, though at meaningfully greater scale.
Regional players
- Southpace Properties: Birmingham, Alabama-based commercial real estate brokerage firm that has brokered Sharp's transactions (e.g., Pelham Plaza sale to Locke Property Investments). Comparable regional brokerage services across Alabama.
- Retail Specialists, Inc. Birmingham-based commercial real estate broker that has represented counterparties in Sharp's transactions (e.g., Locke Property Investments' $7.5M purchase of Pelham Plaza). Comparable brokerage and tenant representation activity in the same regional footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Sharp Realty & Management social profiles
Digital presenceSharp Realty & Management compliance and trust
Trust signalCompliance4 records
Sharp Realty & Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sharp Realty & Management leadership team
Management profileNumber of profiles
Profiles3 records
Sharp Realty & Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sharp Realty & 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 Sharp Realty & Management
What does Sharp Realty & Management do?
Sharp Realty & Management is a commercial real estate firm that owns and manages over 2,000,000 square feet of retail, office, and medical space across the Southeast and Midwest US. The company provides integrated services across the entire real estate lifecycle, including property development, acquisition, redevelopment, leasing, property management, brokerage, and tenant representation for shopping centers, enclosed malls, strip centers, lifestyle centers, and office buildings.
Is Sharp Realty & Management a public or private company?
Sharp Realty & Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sharp Realty & Management founded?
Sharp Realty & Management was founded in -1. It employs 1 to 10 people.
Where is Sharp Realty & Management based?
Sharp Realty & Management is headquartered in Birmingham, United States, in the North America region.
How does Sharp Realty & Management make money?
Three revenue lines are on record. Commercial Property Leasing is the primary driver. The others are property Sales and property Management Services.
Who are Sharp Realty & Management's main competitors?
Broad incumbents on record are Kimco Realty, Federal Realty Investment Trust, Weingarten Realty Investors, Brixmor Property Group, RPT Realty and Kite Realty Group. Direct peers are CBL & Associates and Phillips Edison & Company. Regional players are Southpace Properties and Retail Specialists, Inc..
Does Sharp Realty & Management have an API?
No public API is recorded for Sharp Realty & Management.
What industry is Sharp Realty & Management in?
Sharp Realty & Management's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJAMAF, Retail Real Estate Asset Management, with a secondary code of BPAJABAB, Retail Brokerage. Its NAICS code is 53131 and its SIC code is 6532.