Gerspacher Real Estate Group

Name

Gerspacher Real Estate Group

Legal name

Gerspacher Real Estate Group

Website

https://gerspachergroup.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Real Estate Property Managers (53131)

SIC

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

akta.pro primary industry

Retail Real Estate Asset Management (BPAJAMAF)

Keywords

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

Headquarters

HQ city

Medina

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Revenue model

1. Commercial Real Estate Brokerage - Sales Commission: The firm earns commissions on the sale of commercial properties, representing sellers in negotiating and closing transactions. Fees are typically a percentage of the transaction value.
2. Commercial Real Estate Brokerage - Leasing Commission: The firm earns commissions on commercial property leases for both landlords and tenants, typically based on the total lease value over the lease term.
3. Property Management Services: Gerspacher Property Management (a division of Gerspacher Real Estate Group) acts as a third-party property manager collecting rent, paying invoices, maintaining accounting records, coordinating repairs and maintenance, and managing tenant relationships for commercial investment property owners. Fees are typically passed through to tenants per the lease terms.
4. Consulting Services: Non-traditional advisory services including broker's price opinion, area analysis, lease agreement analysis/opinions, construction management consulting, and property tax complaints. Provided as standalone professional service engagements.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

Gerspacher Real Estate Group is a third-generation, family-owned commercial real estate brokerage headquartered in Medina, Ohio, serving the Northeast Ohio market across Cleveland, Akron, and Medina. The firm provides commercial sales, leasing, property management, and real estate consulting services spanning industrial, retail, office, land, multi-family, and specialty property types, supported by a team of approximately 20 professionals and 130+ active listings.

Product overview

Gerspacher Real Estate Group is a 3rd generation, family-owned commercial real estate firm offering a comprehensive suite of brokerage and property management services for Northeast Ohio. The company's core offerings include commercial property sales and leasing representation (for buyers, sellers, tenants, landlords, and investors), property management (professional services, repairs/maintenance, and tenant management), and consulting services (broker's price opinion, area analysis, lease analysis, property tax complaints). The firm specializes in six property types: Industrial, Retail, Office, Land, Multi-Family, and Specialty properties. The product portfolio functions as a unified service offering rather than a software platform, with services delivered through a team of licensed agents and supported by property management and consulting divisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Sales (Brokerage)

Quantifiable outcome

• Successfully completed thousands of transactions over 60+ years, including a 19-unit multi-family portfolio sale, a 10,000 SF industrial building sold in 50 days, 5.51 acres of vacant land sold for flex unit development, and multiple retail plaza leasing transactions resulting in full occupancy.

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Corfac InternationalminorStrategic or Co-development PartnerGerspacher Real Estate Group is a partner firm of Corfac International (Corporate Facility Advisors), a national commercial real estate brokerage network providing commercial real estate services across the United States. The partnership extends Gerspacher's reach nationally for client transactions while providing Corfac with regional expertise in Northeast Ohio.
• SIOR (Society of Industrial and Office Realtors)minorStrategic or Co-development PartnerSIOR is a professional organization for industrial and office real estate professionals. Troy Gerspacher holds the SIOR designation, indicating advanced expertise and standing in the industrial and office commercial real estate sector.
• CCIM (Certified Commercial Investment Member Institute)minorStrategic or Co-development PartnerCCIM is a professional organization for commercial real estate professionals. Multiple Gerspacher agents including Troy Gerspacher, James Gerspacher, and Keith Keltner hold the CCIM designation, indicating advanced training in commercial real estate investment and brokerage.
• ICSC (International Council of Shopping Centers)minorStrategic or Co-development PartnerICSC is a global trade association for the shopping center industry. Membership connects Gerspacher with retail real estate professionals and opportunities nationally.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Newmark Group: A global commercial real estate advisor providing capital markets, leasing, and investment sales services. Comparable investment-sales and leasing focus but serves institutional and large-cap clients rather than regional SMB and mid-market owners.
• CBRE Group: The largest global commercial real estate services firm, offering investment sales, leasing, valuation, and property management across all property types. Overlaps with Gerspacher's services but operates at a fundamentally different scale and institutional client tier.
• Colliers International: A global commercial real estate services firm offering brokerage, property management, and investment advisory across all major property types and geographies. Broad incumbent offering overlapping capabilities but at vastly greater scale and broader geographic footprint than Gerspacher's regional focus.
• JLL (Jones Lang LaSalle): A global commercial real estate services firm providing investment sales, leasing, property management, and advisory services. Broad incumbent offering comparable service categories but serving Fortune 500 and institutional clients rather than regional SMB owners and investors.
• Cushman & Wakefield: A global commercial real estate services firm offering investment sales, leasing, valuation, and property management. Comparable services portfolio across industrial, retail, office, and multi-family properties, but operating at a much larger scale than Gerspacher.

Direct peers

• NAI Global: A global commercial real estate brokerage network with affiliated regional firms providing sales, leasing, and management services. Direct peer as a competing affiliation-based CRE network model; Gerspacher's CORFAC affiliation competes head-to-head for the same regional broker partner model.
• Marcus & Millichap: A national commercial real estate investment sales brokerage specializing in multifamily, retail, office, and industrial investment properties. Comparable focus on representing investors in smaller-to-mid-market commercial transactions, particularly multifamily and specialty assets.
• CORFAC International: Corporate Facility Advisors — a global network of independently owned commercial real estate firms of which Gerspacher is a partner. Comparable business model (relationship-driven regional brokerage aggregated into a national network) and overlapping service offering.
• Hanna Commercial Real Estate: A long-established Cleveland/Akron-based commercial real estate brokerage serving Northeast Ohio with sales, leasing, and property management services. Direct peer given shared geography, similar service mix, and overlapping client base of regional property owners and investors.
• SVN International Corp. A commercial real estate brokerage franchise network with regional partner firms providing sales, leasing, and advisory services. Direct comparable to Gerspacher's CORFAC model — a regionally-rooted brokerage participating in a national affiliation network for cross-market deal flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/GerspacherREG
• YouTubeyoutube.com/channel/UCulmBCYjAov62xZciNVgizA
• Facebookfacebook.com/gerspacherrealestate
• LinkedInlinkedin.com/company/gerspacherrealestategroup

Revenue estimate

Valuation estimate

Number of profiles

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 Gerspacher Real Estate Group