Industrial Park Associates

What Industrial Park Associates does

Industrial Park Associates, operating under the trade name IPA Commercial Real Estate Services, is a private, boutique commercial real estate brokerage founded in 1976 and headquartered at 2011 Ventura Blvd., Camarillo, California. The firm specializes exclusively in industrial and commercial property transactions within Ventura County and Northwest Los Angeles County, providing four integrated service lines: Tenant & Buyer Representation, Owner Representation, Investment Services, and Developer Services. Its client base includes commercial property owners, tenants/buyers seeking industrial or office space, investors evaluating commercial assets, and developers requiring site selection and market analysis support. Named historical clients include Morgan Stanley, Brooks Institute, Auto Club of Southern California, Farmers Insurance, and DW, Inc.

The firm operates with a small team of approximately four named brokers led by President Michael L. Wax, SIOR, CCIM, and Vice President Jonathan Wolk, both with 20–27 years of industry experience. Technology is limited to a standard commercial real estate website (ipa76.com) with property search functionality, map/list filtering by property type and location, listing management, and contact forms. There is no proprietary technology platform, AI/ML capability, API, or data product disclosed. Lead generation is executed via direct broker outreach, email campaigns, postcards, referrals, and a self-serve property portal.

IPA generates revenue exclusively through transaction-based commissions on commercial property sales and leases (brokerage commissions). Pricing is not publicly disclosed and is negotiated on a per-transaction basis. The firm does not disclose financial figures, has no external funding, no parent company, no subsidiaries, and no M&A history. Its go-to-market is sales-led and relationship-driven, relying on nearly five decades of regional market presence, local submarket expertise, and broker designations (SIOR, CCIM) rather than scale, technology differentiation, or capital. Certification as a California DRE Broker License holder (#01242033) and AIR CRE membership underpin its regulated operating status.

Name

Industrial Park Associates

Legal name

IPA Commercial Real Estate Services

Website

https://ipa76.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

1–10 employees

Short description

Industrial Park Associates is a private, boutique commercial real estate brokerage founded in 1976 in Camarillo, California, providing tenant/buyer representation, owner representation, investment, and developer services across Ventura County and Northwest Los Angeles County.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

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

akta.pro primary industry

Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial real estate brokerage
• Industrial property leasing
• Tenant representation services
• Commercial property sales
• Investment real estate advisory

Headquarters

HQ city

Camarillo

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, Technology or R&D

Revenue model

1. Commercial Real Estate Brokerage Commissions: IPA generates revenue through commissions on commercial property sales and leases. Services include tenant/buyer representation, owner representation, investment transactions, and developer services. The firm acts as exclusive leasing or sales agent for properties, earning transaction-based fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Industrial Park Associates (IPA Commercial Real Estate Services) is a boutique commercial real estate brokerage founded in 1976 that provides tenant and buyer representation, owner representation, investment services, and developer services for industrial, office, and retail properties in Ventura County and Northwest L.A. County. The firm earns commissions on commercial property sales and leases, leveraging deep local market expertise across four integrated service lines supported by a web-based property search platform.

Product overview

IPA Commercial Real Estate Services operates as a boutique commercial real estate brokerage offering a unified suite of services centered on industrial and commercial property transactions. The core offering consists of four integrated service lines: Tenant & Buyer Representation, Owner Representation, Investment Services, and Developer Services. These services are supported by a web-based Property Search Platform that enables clients to browse available listings. The firm specializes in Ventura County and Northwest Los Angeles County markets, with a focus on industrial properties since 1976.

Differentiator

Problem solved

Functional benefit

Products and services

• Tenant & Buyer Representation Comprehensive client representation for tenants and buyers seeking commercial and industrial properties, including property search, market analysis, and lease/sale transaction handling in Ventura County and Northwest L.A. County.
• Owner Representation Exclusive agency services for property owners including leasing, sales brokerage, customized marketing plans, and tenant acquisition for commercial, industrial, and office properties.
• Investment Services Investment analysis and advisory services for buying and selling properties, identifying investment opportunities, and maximizing returns for investor clients in Ventura County and San Fernando Valley.
• Developer Services Comprehensive development support including site selection, pre-planning consultation, market analysis, and tailored marketing programs for commercial property developers.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• JLL (Jones Lang LaSalle): Global commercial real estate services firm offering brokerage, investment sales, advisory, and property management. Competes with IPA in industrial leasing and investment sales across California, though IPA is regionally focused while JLL is broad-based.
• Cushman & Wakefield: Global commercial real estate services firm with significant industrial brokerage and investment sales capabilities in Southern California. Overlaps IPA's tenant/landlord representation and investment advisory offerings as a much larger incumbent.
• Colliers International: Global commercial real estate services firm with strong industrial brokerage and investment sales practices in the western U.S. Directly competes with IPA for industrial leasing mandates and investment transactions in California markets.
• CBRE Group: World's largest commercial real estate services firm offering brokerage, property management, valuation, and investment sales across all property types. Overlaps IPA's industrial brokerage and investment advisory services as part of a much broader portfolio.

Regional players

• Kidder Mathews: Largest independently owned commercial real estate firm on the West Coast, with significant industrial brokerage operations in California. Comparable peer on industrial property focus, transaction fee model, and West Coast regional footprint.
• NAI Capital: Southern California-focused commercial real estate brokerage and member of the NAI Global network. Highly comparable regional peer serving industrial, office, and retail markets in the same Ventura/LA County geographies as IPA.
• DAUM Commercial Real Estate Services: Southern California-based commercial real estate firm specializing in industrial, office, and investment properties. Direct regional peer serving the same LA/Ventura industrial markets as IPA with similar brokerage services.

Direct peers

• Lee & Associates: Privately held commercial real estate brokerage focused on industrial, office, retail, and investment properties across the western U.S. Highly comparable to IPA: similar boutique-to-mid-sized structure, industrial specialization, sales-led transaction model, and regional market focus including California.
• Marcus & Millichap: Investment real estate brokerage specializing in the sale of commercial properties (industrial, office, multifamily, retail). Comparable to IPA on the investment advisory and transaction fee revenue model, with similar brokerage-style operations serving owners and investors.
• Sperry Commercial Global Affiliates: Commercial real estate brokerage specializing in industrial, investment, and owner/user transactions. Comparable to IPA on industrial brokerage focus and transaction-based revenue model serving owners, tenants, and investors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/industrial-park-associates

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Industrial Park Associates