What Corliss Resources does

Corliss Management Group (operating under the historical name Corliss Resources) is a fifth-generation, family-owned real estate investment and management company headquartered in Sumner/Seattle, Washington, founded in 1892. The company acquires, develops, finances, and manages commercial real estate across industrial, retail, multifamily, self-storage, and land asset classes, with stated operations in Washington and Utah and stated expansion interest in Idaho and Arizona. Its flagship asset is the Sunrise Master Planned Community, a 1,501-acre entitled development in Puyallup's South Hill with approvals for 5,200+ single-family and multifamily units, 3,255+ of which have been built and sold to national homebuilders (Lennar, KB Homes, Richmond American, Century Homes) via lot-sale transactions. The company reports 70 assets under management, 36 properties, and 3 million net rentable square feet, and operates Foundation Self Storage (five Washington locations) and 1892 Capital Partners, a private lending and bridge financing arm launched in 2021.

The business model combines one-time transaction revenue (lot sales, commercial property sales, self-storage acquisitions) with recurring streams from ground leases (notably the post-2021 Sumner Mine lease to Lehigh Hanson/Heidelberg Materials), asset management fees, and private lending interest. Corliss is self-capitalized and does not use construction loans for its development projects, which the company cites as a competitive advantage. In late 2021, the family sold the legacy Corliss Resources Inc. aggregates and ready-mixed concrete business (2M+ tons annual shipments, 175M+ tons reserves, four concrete plants, ~230 employees) to Lehigh Hanson, retaining ownership of the underlying land and lease-backing the Sumner Mine. Revenue mix is inherently lumpy given transaction-driven lot sales, with deal sizes ranging from $1M (land) to $50M (multifamily).

Customers are primarily enterprise commercial real estate counterparties: national homebuilders purchasing finished residential lots, commercial and industrial investors acquiring income-producing assets, government buyers (e.g., City of Renton), and the anchor institutional tenant (Heidelberg Materials/Lehigh Hanson). The go-to-market is direct, relationship-driven B2B sales through property owner, broker, and developer channels, supported by a corporate website, LinkedIn, and Instagram presence, with no consumer-facing app or technology platform. Leadership consists of Managing Partners Eric Corliss and Steve Corliss, and Chief Real Estate Investment Officer Mark Walsh.

Name

Corliss Resources

Legal name

Corliss Management Group LLC

Website

https://corlissco.com

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

251–500 employees

Short description

Corliss Management Group is a fifth-generation, family-owned real estate investment and management company based in Washington that acquires, develops, and manages commercial real estate — multifamily, industrial, self-storage, and land — with its flagship Sunrise Master Planned Community in Puyallup, WA, serving homebuilders, commercial investors, and anchor tenants across the Western U.S.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment & Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Non-Operating Establishments (9995)

akta.pro primary industry

Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI)

akta.pro secondary industries

Master-Planned Community & POA Management (BPAJAHAD), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Commercial real estate investment
• Real estate development
• Property asset management
• Self-storage facilities
• Private real estate lending

Headquarters

HQ city

Sumner

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Acquisition and Development: Acquiring, developing, and managing commercial real estate including industrial, retail, multifamily, self-storage, land, and other income-producing assets. Revenue generated through property appreciation, rental income, and capital gains from strategic acquisitions and developments.
2. Property Sales: Selling developed lots and properties to homebuilders and developers. Examples include selling single-family lots to Lennar Homes, KB Homes, Richmond American, and Century Homes, and selling finished plat properties to various buyers.
3. Asset Management: Managing a portfolio of 70 assets under management including 36 properties and 3M net rentable square feet, generating ongoing management fees and value creation through active asset management.
4. Private Lending (1892 Capital Partners): Eric Corliss serves as Principal at 1892 Capital Partners since 2021, providing private lending and capital solutions tied to real estate assets.
5. Land Lease (Sumner Mine): The Sumner Mine operates under a ground lease with Corliss Resources/Lehigh Hanson, generating lease income from natural resource extraction operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Corliss Management Group is a fifth-generation family-owned real estate investment and management company that acquires, develops, finances, and manages commercial real estate across industrial, retail, multifamily, self-storage, and land holdings. Following the 2021 divestiture of its aggregates and ready-mixed concrete operations to Lehigh Hanson, the company retained ownership of underlying real estate and operates the 1,501-acre Sunrise Master Planned Community in Washington, with expansion into Utah, Idaho, and Arizona.

Product overview

Corliss Resources operates as a diversified real estate investment and management company organized around several core product lines: (1) a core real estate investment and asset management platform for commercial properties including industrial, retail, multifamily, self-storage, and land holdings; (2) the Sunrise Master Planned Community, a 1,501-acre master-planned development project in Puyallup, WA with approved capacity for 5,200+ residential units across multiple development phases; (3) multifamily apartment products including The Douglas at Sunrise (120 units), Area 27 Apartments (396-unit planned), and 144th Apartments (88-unit planned); (4) land holdings including Sumner Mine (240 acres leased to Lehigh Hanson), Spanaway Highway 7 (403 acres), and Myers Road (128.74 acres) designated for resource extraction and future development; (5) Foundation Self Storage facilities across multiple locations; and (6) 1892 Capital Partners for private lending and bridge financing. The company was founded in 1892 and maintains fifth-generation family ownership, with operations in Washington and Utah.

Differentiator

Problem solved

Functional benefit

Brands

• Sunrise Master Planned Community: 1,501-acre master planned community in Puyallup's South Hill, Washington featuring residential and commercial spaces
• 1892 Capital Partners
• Foundation Self Storage
• The Douglas at Sunrise
• The Douglas at Sunrise Phase Two

Products and services

• Corliss Management Group Real Estate Investment & Management Fifth-generation family-owned real estate investment and management company focused on acquiring, developing, financing, and managing commercial real estate across industrial, retail, multifamily, self-storage, land, and other income-producing assets.
• Sunrise Master Planned Community
• The Douglas at Sunrise
• Foundation Self Storage
• 1892 Capital Partners
• Sumner Mine (Land Lease Operations)
• Sunrise Town Center

Quantifiable outcome

• Completed sale of 5.91-acre industrial property in Renton, WA to City of Renton for $9.5 million
• +5 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and major.

• Schuur Brothers ConstructioncoreStrategic or Co-development Partner · 1 June 2023Joint venture partner for Sunrise Master Planned Community development projects. Collaborated on The Douglas at Sunrise (120 units), Area 33 (120 units), and Area 27 Apartments (396 units planned). Schuur Brothers serves as general contractor while Corliss provides development expertise and capital.
• Lennar HomesmajorChannel Partner/ Reseller/ DistributorMajor homebuilder purchasing finished lots at Sunrise for single-family home construction. Purchased 67 lots at The Woodlands at Sunrise (sold 2017) and 180 lots at The Crossings at Sunrise (sold 2020).
• KB HomesmajorChannel Partner/ Reseller/ DistributorPurchased 172 lots at Liberty Ridge at Sunrise for single-family development. Another significant homebuilder partner for lot sales at Sunrise.
• Richmond AmericanmajorChannel Partner/ Reseller/ DistributorPurchased 49 lots at The Retreat at Sunrise (sold 2015) and 162 lots at The Madronas at Sunrise (sold 2022). Major homebuilder partner for lot sales.
• Century HomesmajorChannel Partner/ Reseller/ DistributorPurchased 162 lots at The Pines at Sunrise in 2021. Homebuilder partner for lot sales at Sunrise Master Planned Community.
• Urban StoragecoreTechnology or IntegrationManages self-storage facilities for Corliss Management Group including Foundation Self Storage locations. Operational partnership for storage unit management.
• 1892 Capital PartnerscoreStrategic or Co-development PartnerEric Corliss serves as Principal since 2021. Provides income-producing bridge lending and private capital solutions tied to real estate assets. Affiliated but distinct entity from Corliss Management Group.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Forestar Group: D.R. Horton land-bank subsidiary focused on residential lot development and acquisition. Comparable to Corliss's Sunrise lot takedown model with national homebuilders, though Forestar is publicly traded and levered.
• Panattoni Development Company: Largest private industrial developer in the US, with major PNW presence. Closely comparable to Corliss's light-industrial investment focus ($5-25M+ deal range) and family-owned operating model.
• JPI: Multifamily developer with national footprint focused on class A urban and suburban communities. Comparable to Corliss's multifamily expansion ambitions into Utah County and broader Western US.
• FivePoint Holdings: Public master-planned community developer behind Great Park Neighborhoods in Irvine, CA. Comparable to Corliss as a long-duration, entitlement-led developer monetizing raw/land into finished lots and homes in a single large-scale planned community.
• The Howard Hughes Corporation: Owner/developer of master-planned communities (The Woodlands, Summerlin, Bridgeland) with adjacent commercial and multifamily holdings. Closest large-scale analog to Corliss's combined master-planned + commercial + multifamily strategy.
• Wood Partners: Large private multifamily developer (Alta and Novel brands) building class A garden-style apartments across the Western US. Directly comparable to Corliss's Douglas at Sunrise, Area 27, and 144th Apartments pipelines.
• The Bozzuto Group: Family-owned diversified real estate firm spanning multifamily development, property management, construction, and homebuilding. Direct comparable to Corliss's integrated real estate platform and multigenerational ownership structure.

Regional players

• Toll Brothers: National luxury homebuilder with in-house land development arm (Toll Brothers City Living, Toll Land). Comparable through its integrated land acquisition, entitlement, and homebuilder partnership model that Corliss uses with Lennar, KB Homes, Richmond American, and Century Homes at Sunrise.

Broad incumbents

• Lincoln Property Company: Large diversified real estate services and investment platform with multifamily development, property management, and commercial activities across the US. Comparable at the portfolio-mix level, though materially larger and institutionally backed.
• Public Storage: Largest US self-storage REIT. Relevant incumbent comparable for Corliss's Foundation Self Storage operations, though at vastly larger scale and as a public operator rather than family-held manager.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/corliss-management-group-llc
• Instagraminstagram.com/corlissmanagementgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 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 Corliss Resources