What Cypress Real Estate Group does

Cypress Real Estate Group is a Calgary-based commercial real estate brokerage and investment firm founded in 2010 by Luke Mayer and Dave Jorgensen. The firm provides buying, selling, leasing, tenant representation, landlord representation, lease renewal, and commercial real estate investment advisory services across industrial, office, land, retail, and multi-family asset classes. Its stated differentiation is conflict-free tenant representation and avoidance of dual-agency arrangements common among competitors that derive significant revenue from institutional landlord listings.

The firm operates as a traditional brokerage with no proprietary technology platform; revenue is generated through transaction-based commissions on completed deals. Its go-to-market is sales-led and relationship-based, with dedicated brokers assigned to each client and professional network referrals driving pipeline. Named corporate clients include Canadian Blood Services, DIRTT Environmental Solutions, Crane Canada, Fugro Canada, Burnswest Properties, and Great Western Containers, with notable transactions including a $250M East Balzac development deal (2012) and the nationally recognized Royal Canadian Legion Kensington redevelopment (2013-2016).

The team consists of approximately 11-50 employees led by President/Broker Luke Mayer, Executive Vice President Dave Jorgensen (formerly VP at DTZ Barnicke), VP Lucas Portwood (joined 2017; previously at the world's second-largest commercial brokerage), VP Mark Harrigan, and Administrative Manager Kathryn Aynsley. Cypress is privately held, founder-owned with no institutional backing, and operates regionally across Calgary and Western Canada from its headquarters at 4838 Richard Road SW, Suite 300, Calgary, Alberta.

Name

Cypress Real Estate Group

Legal name

Cypress Real Estate Group

Website

https://cypressgroup.ca

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Cypress Real Estate Group is a Calgary-based commercial real estate brokerage and investment firm founded in 2010, providing buying, selling, leasing, tenant representation, and investment advisory services for industrial, office, land, retail, and multi-family properties across Western Canada.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210)

SIC

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

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Tenant Representation & Corporate Services Brokerage (BPAJABAJ), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Office Brokerage (BPAJABAA)

Keywords

• Commercial real estate brokerage
• Tenant representation services
• Industrial sales leasing
• Lease renewal advisory
• Real estate investment consulting

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Real Estate Brokerage Commissions: The company generates revenue through commercial real estate transactions including buying, selling, and leasing services. As a brokerage, they earn commissions on completed transactions for clients and customers. Services include tenant representation, landlord representation, lease renewals, and investment advisory.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cypress Real Estate Group is a Calgary-based commercial real estate brokerage and investment firm that provides buying, selling, leasing, and consulting services for industrial, office, land, retail, and multi-family properties across Calgary and Western Canada. The firm offers Listing & Marketing, Lease Renewal, Tenant Representation, and Real Estate Investment services, earning commissions on completed commercial property transactions.

Product overview

Cypress Real Estate Group is a Calgary-based commercial real estate brokerage and investment firm that operates as a single integrated service offering rather than a platform-plus-modules architecture. The company provides four core services: Listing & Marketing (for property sellers/owners), Lease Renewal (for tenants evaluating their options), Tenant Representation (conflict-free tenant advocacy), and Real Estate Investment (advisory and direct investment services). The firm specializes in industrial, office, land, retail, and multi-family properties across Calgary and Western Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Listing & Marketing Comprehensive property listing and marketing service that utilizes multiple platforms with exposure to millions of real estate contacts worldwide, focused on maximum exposure for sellers and property owners of commercial real estate.
• Lease Renewal Lease renewal program that provides market analysis, current market rates, vacancy data, and negotiation leverage to help tenants secure fair market deals when renewing or relocating.
• Tenant Representation Dedicated real estate professional service focused exclusively on tenant interests, avoiding conflicts from dual agency by providing specialized representation that prioritizes the tenant's goals.
• Real Estate Investment Commercial real estate investment service where Cypress strategically invests on behalf of clients and the company, offering advisory services for investors considering commercial real estate portfolio additions.

Named customers9 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services firm, offering brokerage, investment sales, and advisory across all property types globally. It competes with Cypress for institutional and corporate clients in Calgary's commercial real estate market and represents the dominant scaled competitor.
• Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services firm offering brokerage, valuation, and advisory across industrial, office, and investment properties. It competes with Cypress in Calgary and Western Canada for tenant representation and landlord mandates.
• JLL (Jones Lang LaSalle): JLL is a global real estate services firm providing brokerage, property management, and investment advisory across office, industrial, and land assets. It targets many of the same enterprise tenants in Western Canada that Cypress serves.
• Colliers International: Colliers is a global commercial real estate services firm with full-service brokerage, investment, and project management offerings for industrial, office, and land assets. Dave Jorgensen is a former Colliers associate, and Cypress competes with Colliers head-on in Calgary's industrial sales/leasing market.

Direct peers

• Avison Young: Avison Young is a Canadian-headquartered global commercial real estate services firm with strong industrial and office brokerage presence in Calgary. As a mid-sized but internationally networked competitor, it is one of the closest business-model comparables to Cypress.
• RE/MAX Commercial: RE/MAX Commercial is a Canadian commercial real estate network providing brokerage services for industrial, office, retail, and investment properties. It is a directly comparable regional competitor for commercial real estate mandates in Calgary.
• Royal LePage Commercial: Royal LePage Commercial is a Canadian commercial real estate brokerage franchise offering sales, leasing, and investment services across Canada. It competes with Cypress for mid-market commercial and industrial mandates in Western Canada.
• NAI Commercial (Real Estate): NAI-affiliated commercial brokerages operate across Western Canada offering sales, leasing, and tenant representation for industrial, office, and investment properties. They are directly comparable in size and service mix to Cypress in the Calgary/Western Canadian market.
• DTZ Barnicke (now part of Cushman & Wakefield): DTZ Barnicke was a leading Canadian commercial real estate firm where Dave Jorgensen served as VP of Industrial Sales and Leasing before founding Cypress. It remains a directly comparable regional/national industrial brokerage competitor in the Canadian market.

Emerging players

• Marcus & Millichap: Marcus & Millichap is a U.S.-headquartered commercial real estate investment sales brokerage specializing in investment property transactions. While primarily investment-sales focused rather than full-service brokerage like Cypress, it competes for the same investor clients in the commercial real estate advisory space.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CypressRE
• Facebookfacebook.com/cypresscalgary
• LinkedInlinkedin.com/company/cypress-real-estate-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Cypress Real Estate Group