Location Finders International

What Location Finders International does

Location Finders International (LFI) is a privately held, vertically integrated commercial real estate firm founded in 1973 by Michael H. Rose and headquartered in Mokena, Illinois. The company operates three core service lines: Brokerage (full-service tenant representation and asset leasing/sales through its wholly owned subsidiary Location Finders Brokerage LLC), Development (retail, medical, and industrial property development and acquisition across the United States), and Property Management (oversight of a $500M+ portfolio of retail centers, industrial parks, medical office buildings, private school, and hotels spanning 1.25 million square feet across 150+ properties in 16 states). The firm serves national and regional retailers, restaurant groups, healthcare providers (notably Duly Health and Care, for which it has developed over $220M in medical office space), industrial/logistics tenants including Amazon, and institutional and high-net-worth investors.

LFI's go-to-market combines direct enterprise sales (own leasing team led by Alan Erickson overseeing 900k+ sq ft of existing portfolio) with channel partnerships, most notably a 2023 co-ownership arrangement with IWG that has produced five Regus, HQ, and Spaces branded coworking locations across Chicagoland since 2024. Revenue is generated through managed services fees on the owned and third-party property management portfolio, professional services fees from brokerage commissions and tenant representation, transaction fees on acquisitions and dispositions ($29.9M sold and $16.1M acquired across 8 properties in 2024), and development fees on build-to-suit projects. Pricing is quote-based with multi-year contracts rather than standardized public tiers.

Strategic activity through 2024-2025 includes the IWG coworking buildout, 2024 capital recycling ($52M financed across acquisitions, development, and refinances), a strategic investment in The June members-only social club in Jacksonville, FL (May 2025) partnered with JWB Real Estate Capital, the groundbreaking of a Kiddie Academy childcare facility in Lockport, IL (August 2025), and active broker and construction partner networks spanning CBRE, Cushman & Wakefield, JLL, Marcus & Millichap, and Mid-America Real Estate. The company maintains affiliated interests in LFI Energy, MiCamp Solutions (payment processing), TPG/Petram (mineral rights), and Chicago Dough Company (legacy restaurant operation founded by Mike Rose).

Name

Location Finders International

Legal name

Location Finders International

Website

https://lfirealestate.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Location Finders International is a vertically integrated commercial real estate firm founded in 1973, offering brokerage, development, and property management services across a $500M+ portfolio of 150+ properties in 16 states, primarily serving national retailers, healthcare providers, and institutional investors in the Midwest and Southeast United States.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Retail Brokerage (BPAJABAB)

akta.pro secondary industries

Land & Development Site Brokerage (BPAJABAG), Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB), Industrial Land & Build-to-Suit Site Brokerage (BPAJACAJ)

Keywords

• Commercial real estate
• Property development
• Property management
• Tenant representation
• Commercial brokerage

Headquarters

HQ city

Mokena

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management: LFI operates a portfolio of retail centers, industrial parks, medical office buildings, private school, and hotels valued in excess of $500 million. Daily property management focuses on improving cost, efficiency, and performance of each asset.
2. Brokerage Services: Full service commercial real estate brokerage including tenant representation for regional and national restaurant groups, physical therapy, medical groups, car dealerships, and retail concepts. Also represents development companies, public REITs, and private ownership groups with leasing and sales of retail assets.
3. Development: Active development and acquisition of retail, medical, and industrial assets across the United States. Generates revenue through land development, build-to-suit projects, and strategic site acquisition. Services include site selection, planning, entitlement, construction oversight, and disposition strategy.
4. Real Estate Investment: Acquisition and disposition of commercial properties. In 2024, LFI sold $29,900,000 in assets and acquired 8 properties for $16,115,000 with total project costs of approximately $26,000,000.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Location Finders International is a vertically integrated commercial real estate firm offering full-service Brokerage (tenant representation, leasing, and sales of retail, medical, industrial, and restaurant properties), Development (site selection, entitlement, build-to-suit construction, acquisition, and disposition of commercial assets), and Property Management for a portfolio of retail centers, industrial parks, medical office buildings, schools, and hotels valued in excess of $500 million. The firm also co-owns and develops Regus, HQ, and Spaces branded coworking locations through a strategic partnership with IWG.

Product overview

Location Finders International (LFI) operates as a vertically integrated commercial real estate development firm offering three core services: Brokerage (tenant representation and asset leasing/sales), Development (retail, medical, industrial property development and acquisition), and Property Management (portfolio management for retail centers, industrial parks, medical office buildings, private schools, and hotels). The company also has a strategic partnership with IWG for coworking spaces under the Regus, HQ, and Spaces brands. LFI's portfolio encompasses more than 1.25 million square feet across 150+ properties in 16 states, with assets valued at over $500 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage Services

Quantifiable outcome

• $52 million financed via acquisition, development, or portfolio refinances in 2024 alone
• +3 more outcomes

Named customers26 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and flagship.

• IWG (International Workspace Group)coreStrategic or Co-development Partner · 1 January 2023LFI has established strategic partnership with IWG, the world's leading flexible workspace provider. Since entering co-ownership negotiations in 2023, this collaboration has yielded measurable growth across key Chicagoland markets. Five locations opened since 2024 including Regus (1918 N. Mendell, Chicago), HQ (4055 S Route 59, Naperville and 640 S Washington, Naperville), and Spaces (1450 Busch Parkway, Buffalo Grove). MMC 360 became an approved vendor for IWG/Regus in 2024.
• MMC 360coreStrategic or Co-development PartnerFacilities management partner and 2023 Top 10 Healthcare Property Management Services Provider award recipient. MMC 360 celebrated its 6th year in facilities management business in 2024 and became an approved vendor for IWG/Regus.
• Kiddie AcademycoreChannel Partner/ Reseller/ DistributorNational educational childcare franchise. LFI developing Kiddie Academy facilities including Lockport location (groundbreaking August 2025, opening Spring 2026) and Saddlewood Shopping Center location in Naperville.
• Force Global SupplycoreStrategic or Co-development PartnerBuilding materials and supply partner. Force Global Supply provided materials for Kiddie Academy Lockport construction. Expanded operations in 2024 opening offices in Southeast Asia and attending 30+ tradeshows. Completed supply projects serving customers spanning multiple states.
• RSD ConstructioncoreImplementation/ SI/ Consulting PartnerConstruction partner leading construction efforts for Kiddie Academy Lockport facility (groundbreaking August 2025).
• JWB Real Estate CapitalflagshipStrategic or Co-development PartnerLFI is a partner in The June, a members-only social club venture at 424 N Hogan St, Jacksonville, FL. JWB Real Estate Capital owns and restored the historic Federal Reserve Building as part of Gateway Jax initiative to redevelop 20+ blocks of downtown Jacksonville.
• TPG ENERGY / PetramcoreStrategic or Co-development PartnerEnergy and mineral rights investment. Mike Rose is one of two core investors in TPG/Petram and LFI Energy. Petram is an industry leader in both leased and unleased mineral (oil and gas) markets with focus in Weld County, CO.
• MiCamp SolutionscoreStrategic or Co-development PartnerPayment processing affiliate company. MiCamp concluded 2024 with $75 billion processed for over 60,000 merchants across the country, marking exceptional growth driven by strategic acquisitions and Full-Service Processing program.
• Chicago Dough CompanycoreStrategic or Co-development PartnerLegacy restaurant affiliate founded by Mike Rose. Operating for 48 years in Bourbonnais, Illinois with locations in Chicagoland area. Bourbonnais location recognized by State Representative Jackie Haas for community service.
• CBREcoreChannel Partner/ Reseller/ DistributorCommercial real estate brokerage partner. Jon Stanley represents CBRE in LFI's partner network.
• Cushman & WakefieldcoreChannel Partner/ Reseller/ DistributorCommercial real estate brokerage partner. Chris Bobowski, Anthony Ciaravino, and Adam Johnson represent Cushman & Wakefield in LFI's partner network.
• JLL (Jones Lang LaSalle)coreChannel Partner/ Reseller/ DistributorCommercial real estate services firm. Peter Caruso, Joaquin Manriquez, and Jose Gonzalez represent JLL in LFI's partner network.
• Marcus & MillichapcoreChannel Partner/ Reseller/ DistributorCommercial real estate investment brokerage. John Nuzman, Sean Sharko, Austin Weisenbeck, Nick Kanich, Mitchell Kiven, and Ben Shapiro represent Marcus & Millichap in LFI's partner network.
• Mid-America Real EstatecoreChannel Partner/ Reseller/ DistributorCommercial real estate brokerage. Westin Kane, Will Franke, Kate Ruzevich, Brian Adams, and George Ghattas represent Mid-America Real Estate in LFI's partner network.
• GreatStreet Realty PartnerscoreChannel Partner/ Reseller/ DistributorCommercial real estate partner. Brendan Watt, Sully Stadler, and Caleb Mann represent GreatStreet Realty Partners in LFI's partner network.
• LG ConstructioncoreImplementation/ SI/ Consulting PartnerConstruction partner. Ryan Buchmeier, Nellie Quiles, and Orest Skrupskyj represent LG Construction in LFI's partner network.
• CAGE Civil EngineeringcoreImplementation/ SI/ Consulting PartnerCivil engineering partner. Tom Petermann represents CAGE Civil Engineering in LFI's partner network.
• Capstone DevelopmentcoreStrategic or Co-development PartnerDevelopment partner. Mike Dunkle represents Capstone Development in LFI's partner network.
• CanvascoreTechnology or IntegrationTechnology/consulting partner. Michael Wexler, Andrew Becker, and John Bassi represent Canvas in LFI's partner network.
• Greater Indiana Title CompanycoreOthersTitle services partner. Jackie Smith and Kristin Busch represent Greater Indiana Title Company in LFI's partner network.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Colliers International: Global commercial real estate services and investment management firm with strong retail and industrial brokerage. Comparable to LFI in tenant representation and property management services for mid-market commercial assets.
• JLL (Jones Lang LaSalle): Global real estate services firm with deep brokerage, capital markets, and property management capabilities. JLL competes with LFI for tenant representation and investment sales mandates across the Midwest and is listed as an LFI channel partner.
• Newmark Group: Full-service commercial real estate advisory firm offering leasing, investment sales, and property management. Competes with LFI in retail and industrial leasing mandates and capital markets transactions across U.S. markets.
• CBRE Group: Largest global commercial real estate services firm offering brokerage, property management, and investment sales across all major property types. CBRE competes directly with LFI in Chicagoland tenant representation and asset sales, and is also listed as an LFI channel partner.
• Brixmor Property Group: One of the largest publicly-traded retail REITs in the U.S., owning and operating open-air shopping centers. Comparable to LFI's retail center ownership and property management vertical at much larger scale.
• Cushman & Wakefield: Global commercial real estate services firm with brokerage, valuation, and asset management services. Competes with LFI in retail and industrial leasing and is listed as a channel partner in LFI's network.

Direct peers

• Mid-America Real Estate: Chicago-based commercial real estate brokerage specializing in retail tenant representation, investment sales, and development advisory. The most geographically and functionally comparable peer to LFI in the Chicagoland market and listed as an LFI channel partner.
• Marcus & Millichap: Commercial real estate investment brokerage specializing in the sale of retail, office, industrial, and multifamily properties. Directly comparable to LFI's investment sales and tenant representation services, particularly for sub-institutional retail assets.

Emerging players

• Kite Realty Group: Publicly-traded retail REIT focused on open-air shopping centers in high-growth markets. Comparable to LFI's retail asset management strategy and tenant mix across grocery, fitness, and QSR tenants.
• Phillips Edison & Company: Publicly-traded net-lease REIT focused exclusively on grocery-anchored shopping centers. Comparable to LFI's retail center ownership and management strategy, particularly LFI's multi-tenant retail developments anchored by Jewel-Osco, Starbucks, and Walgreens.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LocationFinders
• LinkedInlinkedin.com/company/location-finders-international-inc.
• Instagraminstagram.com/lfirealestate
• Facebookfacebook.com/lfirealestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 Location Finders International