Hunneman
Hunneman is the largest independently owned full-service commercial real estate firm in Boston, providing leasing, investment sales, capital markets, property management, and research services to corporate tenants, landlords, investors, and property owners throughout New England.
- Company typePrivate
- Founded1929
- HeadquartersBoston, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Hunneman does
Hunneman is the largest independently owned full-service commercial real estate firm in Boston, founded in 1929 and headquartered at 303 Congress Street in Boston's Fort Point neighborhood. The firm operates five integrated service lines—Leasing & Advisory, Investment Sales, Capital Markets, Property Management, and Research & Marketing—serving corporate tenants, landlords, institutional and private property owners, REITs, and middle-market real estate investors across New England. Hunneman owns its headquarters building and has executed over 800 transactions totaling $4.0 billion in cumulative sales across office, industrial, flex, multifamily, and retail product types.
The firm's customer-facing capabilities span tenant and landlord representation, debt and equity placement through an in-house capital markets platform (average deal size ~$15M targeting the $5M–$75M middle market), investment property sales, and operational property management across a current portfolio exceeding 16.6 million square feet. Its technology layer is built around proprietary research and GIS/mapping consulting—drive-time and demographic analyses, competition mapping, and quarterly market reports on Boston office, industrial, life sciences, and multifamily sectors—rather than a discrete software platform. National reach in capital markets is amplified through Hunneman's membership in the Real Estate Capital Alliance (RECA), a network that collectively places over $3 billion annually.
Hunneman monetizes through transactional brokerage commissions on lease and investment sales, managed-services property management fees structured as a percentage of managed asset value or per-square-foot, and capital markets advisory fees, all negotiated on a quote/per-transaction basis. Distribution is direct, organized into specialized brokerage teams (Urban Advisory, Suburban, North Suburban), an Investment Sales group, a Capital Markets team, and an in-house Property Management division; the firm does not use resellers or distributors. Hunneman operates exclusively in the U.S. New England market, is privately held with no external investors or disclosed revenue figures, and has been led by CEO Steve Prozinski and EVP & Managing Principal Peter Evans since the 2017–2018 leadership transition.
Hunneman firmographics
Firmographics- Name
- Hunneman
- Legal name
- Hunneman
- Website
- https://hunnemanre.com
- Company type
- Private
- Founded year
- 1929
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Hunneman is the largest independently owned full-service commercial real estate firm in Boston, providing leasing, investment sales, capital markets, property management, and research services to corporate tenants, landlords, investors, and property owners throughout New England.
- Ownership category
- akta.pro rank
Hunneman industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (531210), Nonresidential Property Managers (531312), Portfolio Management and Investment Advice (523940)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Investment Advice (6282)
- akta.pro primary industry
- Multifamily Brokerage (BPAJABAD)
- akta.pro secondary industries
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Hospitality Brokerage (BPAJABAE)
Keywords
Where Hunneman is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Hunneman business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Brokerage and Leasing Commissions: Traditional commercial real estate brokerage fees from leasing transactions, tenant representation, landlord representation, and investment sales. The firm has completed over 800 transactions totaling $4.0 billion in sales across office, industrial, flex, multifamily, and retail properties.
- Property Management: Property management services with over 16 million square feet of office, industrial, flex, multifamily, and retail properties under management. Fees are typically charged as a percentage of managed property value or per-square-foot basis.
- Capital Markets Advisory: Debt placement, structured investments, advisory services, and loan/equity acquisitions. The capital markets group specializes in the middle market segment, typically financing projects ranging from $5 million to $75 million.
- Research and Marketing Services: Market research services, GIS mapping consulting, and marketing support for clients including quarterly market reports and custom analysis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Full-service commercial real estate brokerage and management services |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels9 records
Hunneman product offering
Product offeringCore offering
Hunneman is a full-service commercial real estate firm providing leasing and advisory, investment sales, capital markets (debt placement and structured financing), property management, and research and marketing services to corporate tenants, landlords, investors, and developers throughout New England. The firm manages a portfolio exceeding 16.6 million square feet of office, industrial, flex, multifamily, and retail properties, and has completed over 800 transactions totaling $4.0 billion in sales.
Product overview
Hunneman is New England's premier full-service commercial real estate provider offering a comprehensive suite of services including Leasing & Advisory, Investment Sales, Capital Markets, Property Management, and Research & Marketing. As the largest independently owned firm in Boston, the company manages a portfolio exceeding 16 million square feet across office, industrial, flex, multifamily, and retail properties. The platform combines traditional brokerage expertise with market research, capital markets advisory, and property management capabilities serving clients throughout New England.
Differentiator
Problem solved
Functional benefit
Products and services
- Leasing & Advisory
- Investment Sales
- Capital Markets
- Property Management
- Research & Marketing
- Appraisal & Consulting Services
Quantifiable outcome
- $4.0 billion in sales across over 800 transactions
- +3 more outcomes
Companies that use Hunneman
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Hunneman technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Hunneman partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, major and minor.
- Real Estate Capital Alliance (RECA)coreNational network of top-shelf, boutique capital markets professionals sharing best practices and market intelligence. Collectively places over $3 billion annually. Andrew Kaeyer served as RECA President for four years. Weekly calls with national lenders and annual conferences provide valuable capital provider relationships.
- KS PartnerscorePrivately held, vertically-integrated real estate company owning and managing over 5 million square feet of commercial real estate across the Northeast. Hunneman serves as leasing agent for KS Partners' Connector Park properties at 59 Lowes Way and 41 Wellman Street in Lowell.
- Eastport Real Estate ServicescoreProperty manager for New England Business Center (NEBC) in Andover. Eastport provides hands-on management that has driven NEBC to 96% occupancy. Led by Kim Anderson.
- Nordblom CompanymajorFull-service Management, Investment and Development firm operating in New England since 1924. Owner of Northwest Park in Burlington (200+ acre mixed-use development). Hunneman represents tenants at Northwest Park properties.
- CKM Real EstatemajorOwner of 250 Apollo Drive in Chelmsford, a 143,215 SF flex/R&D building. Hunneman serves as exclusive leasing agent for the property and brokered the Triton Systems lease.
- Grander Capital PartnerscoreReal estate investment firm that acquired 70 Hastings Street in Wellesley. Hunneman handles all leasing activities for the repositioned Class A medical office building, achieving 94% occupancy.
- Starwood Capital GroupmajorGlobal private equity firm specializing in real estate investments. Owner of 200 Danton Drive in Methuen where Hunneman brokered the CMC North America headquarters lease.
- GFI PartnersmajorProperty owner/manager for which Hunneman brokers leasing transactions. Hunneman represented GFI Partners at 1 Jewel Drive in Wilmington.
- Commercial Brokers Association (CBA)coreIndustry association with 360 members. Peter Evans served as CBA President for 2021-2022. Company executives actively participate in CBA events, panels, and initiatives including the Diversity Impact Fund.
- MassEconcoreMassachusetts economic development organization. Hunneman team members including Jim Boudrot serve on MassEcon's board of directors. Partnership supports business development and site selection assistance.
- Greater Boston Real Estate BoardminorIndustry association for real estate professionals in Greater Boston. Hunneman team members maintain membership and participate in industry events.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Hunneman competitors and assessment
Company assessmentBroad incumbents
- CBRE Group: Global full-service commercial real estate services firm offering investment sales, leasing, capital markets, and property management across all major asset types. Direct competitor to Hunneman in Boston's office, industrial, and capital markets segments, with significantly larger resources and a global platform.
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm with a strong Boston presence. Competes with Hunneman in office leasing, capital markets, and property management, and is one of the largest PM operators globally with institutional-grade technology investments.
- Cushman & Wakefield: Global commercial real estate services firm active in Boston with capital markets, valuation, and property management practices. Competes with Hunneman for institutional leasing and investment sales mandates in New England.
- Newmark Group: Global commercial real estate services firm with significant Boston operations and a strong capital markets practice. Competes with Hunneman across leasing, investment sales, and debt/equity placement. Notably, several Hunneman team members previously held roles at Newmark/NGKF.
- Colliers International: Global commercial real estate services firm with a strong Boston/New England presence across office, industrial, and capital markets. Directly comparable to Hunneman's full-service model, with similar middle-market focus.
- Avison Young: Privately held global commercial real estate services firm with significant Boston operations. Competes with Hunneman in office leasing, investment sales, and property management, and shares Hunneman's privately held, owner-operated positioning.
- Lincoln Property Company: National commercial real estate firm with property management, leasing, and investment services. Comparable in property management scale to Hunneman, and a former employer of multiple Hunneman senior brokers (Ned Halloran, Ken Oppenheim).
- Transwestern Real Estate Services: National commercial real estate firm offering agency leasing, tenant representation, capital markets, and property management. Competes with Hunneman in Boston office and industrial leasing, and a comparable privately operated platform.
Direct peers
- Boston Realty Advisors: Boston-based boutique commercial real estate investment firm focused on capital markets, investment sales, and tenant/landlord representation. A direct peer to Hunneman in Greater Boston, with similar deal-size profile and client base; notably, Hunneman's EVP Peter Bean was previously a Managing Director and Partner at BRA.
Regional players
- Nordblom Company: New England-based full-service real estate investment, development, and management firm (founded 1924). Comparable to Hunneman in regional focus and integrated service offering, and an active partner of Hunneman in representing tenants at Northwest Park in Burlington.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Hunneman social profiles
Digital presenceHunneman financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hunneman leadership team
Management profileNumber of profiles
Profiles17 records
Hunneman funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hunneman 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 Hunneman
What does Hunneman do?
Hunneman is a full-service commercial real estate firm providing leasing and advisory, investment sales, capital markets (debt placement and structured financing), property management, and research and marketing services to corporate tenants, landlords, investors, and developers throughout New England. The firm manages a portfolio exceeding 16.6 million square feet of office, industrial, flex, multifamily, and retail properties, and has completed over 800 transactions totaling $4.0 billion in sales.
Is Hunneman a public or private company?
Hunneman is a private company. It is classified as management employee owned and is currently operating.
When was Hunneman founded?
Hunneman was founded in 1929. It employs 101 to 250 people.
Where is Hunneman based?
Hunneman is headquartered in Boston, United States, in the North America region.
How does Hunneman make money?
Four revenue lines are on record. Brokerage and Leasing Commissions are the primary driver. The others are property Management, capital Markets Advisory and research and Marketing Services.
Who are Hunneman's main competitors?
Broad incumbents on record are CBRE Group, JLL (Jones Lang LaSalle), Cushman & Wakefield, Newmark Group, Colliers International, Avison Young, Lincoln Property Company and Transwestern Real Estate Services. Boston Realty Advisors is listed as a direct peer. Nordblom Company is listed as a regional player.
Does Hunneman have an API?
No public API is recorded for Hunneman.
What industry is Hunneman in?
Hunneman's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJABAD, Multifamily Brokerage, with a secondary code of BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its NAICS code is 531210 and its SIC code is 6531.