Herrero Builders

What Herrero Builders does

Herrero Builders is a privately held, San Francisco-based commercial general contractor founded in 1955 and operating across the greater Bay Area and Sacramento. The firm delivers new construction, seismic upgrades, tenant improvements, and historic renovations for projects ranging from $20 million to $2 billion, with marquee work in healthcare (Sutter Health CPMC, Stanford Medicine, Kaiser Permanente), education (UC Berkeley, Nueva School, Sacred Heart), commercial (Airbnb, Crunchyroll, Tiffany & Co.), historic preservation (National Park Service, San Francisco Zen Center), and hospitality (Cavallo Point Lodge & Spa).

The company's core delivery stack is built on Lean Construction, Integrated Project Delivery (IPD), Building Information Modeling (BIM), and Virtual Design and Construction (VDC, including 4D scheduling through 7D facility management). Wrapping those practices is the proprietary Herrero Project VIP™ (Value Integration Process), a leadership methodology for aligning owners, architects, trade partners, and builders around collective value discovery and continuous improvement. Herrero also operates a Knowledge Area Leader organizational model covering preconstruction, estimating, VDC, learning, business development, IT, safety, and people.

Herrero generates revenue primarily through project-based general contracting contracts in healthcare, education, commercial, historic, and hospitality, secured via direct enterprise sales and joint ventures (notably HerreroBoldt with The Boldt Company and HMH with McGuire and Hester). A secondary revenue stream comes from Innovation Consulting, which monetizes the firm's Lean, BIM, and VDC expertise through paid training and certification programs that have reached over 3,000 participants. Ownership is concentrated in the founding Herrero family (Mark Herrero as CEO, Tom Herrero as President), supported by a CFO (Brian Helberg) and COO (Will Spencer).

Name

Herrero Builders

Legal name

Herrero Builders

Website

https://herrero.com

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

51–100 employees

Short description

Herrero Builders is a privately held San Francisco-based commercial general contractor, founded in 1955, serving healthcare, education, commercial, historic preservation, and hospitality clients across the Bay Area through Lean Construction, IPD, and BIM/VDC-enabled project delivery for projects ranging from $20M to $2B.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Operative Builders (1531)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Commercial general contracting
• Lean construction services
• Integrated project delivery
• Healthcare construction
• Historic building renovation

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. General Contracting Services: Revenue generated from construction services including new construction, seismic upgrades, and tenant improvements. Projects range from $20M to $2B. The company delivers projects on or below budget using Lean and IPD methodologies.
2. Consulting Services: Training and consulting services in Lean Construction, BIM and VDC, and Integrating Innovation offered to other organizations seeking to adopt these methodologies.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Herrero Builders is a commercial general contractor providing new construction, seismic upgrades, and tenant improvement services across healthcare, education, commercial/retail, historic preservation, and hospitality sectors in the San Francisco Bay Area. The firm delivers projects from $20 million to $2.1 billion using Lean Construction, Integrated Project Delivery (IPD), and its proprietary Herrero Project VIP™ methodology, supplemented by BIM and VDC technologies. It also offers training, certification, and consulting services in Lean, BIM, and VDC to other organizations.

Product overview

Herrero Builders is a San Francisco based commercial general contractor operating since 1955, offering a unified portfolio of construction services organized around their proprietary Herrero Project VIP™ methodology. The core service offerings include Preconstruction, Lean Construction, Integrated Project Delivery (IPD), Integrated Design, and Innovation Consulting. These services are delivered across five specialized market sectors: Healthcare, Education, Commercial & Retail, Historic Preservation, and Hospitality. The company operates primarily in the Bay Area and serves as a general contractor for projects ranging from tenant improvements to major healthcare campuses and historic renovations.

Differentiator

Problem solved

Functional benefit

Products and services

• Preconstruction Services Early-phase cost estimating and design integration service that delivers Schematic Phase estimates which hold through design development, using integrated design tools, BIM, and Target Value Design to arrive at budget-viable solutions for owners and design teams.
• Commercial General Contracting Full general contracting delivery for new construction, seismic upgrades, and tenant improvements across healthcare, education, commercial/retail, historic preservation, and hospitality sectors, using Lean Construction, IPD, and Herrero Project VIP™ for projects ranging from $20 million to $2.1 billion.
• Innovation Consulting Training and consulting services in Lean Construction, BIM, and VDC, plus integration of innovation practices, including Lean Certification programs offered to other organizations seeking to adopt these methodologies. Over 3,000 people have been trained.
• Herrero Project VIP™ (Value Integration Process) Proprietary leadership process for discovering collective value to define project success, then delivering that value throughout a project's entire lifecycle. Built on three pillars: Project Management Plan, Collective Value Discovery™, and Continuous Improvement, and used to align values, behaviors, and processes across owners, designers, and builders.

Quantifiable outcome

• 90%+ of jobs delivered at or below target estimate
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• The Boldt CompanycoreStrategic or Co-development PartnerJoint venture partnership (HerreroBoldt) formed to pursue large-scale healthcare construction projects. Combined capabilities for Sutter Health CPMC Van Ness Campus Hospital ($2.1B), Mission Bernal Campus Replacement Hospital ($330M), and other projects. Partnership leverages Herrero's Lean/IPD expertise with Boldt's complementary capabilities.
• McGuire and HestercoreStrategic or Co-development PartnerJoint venture partnership (HMH) for San Joaquin BeWell Campus behavioral health project ($261 million). Partnership to deliver comprehensive behavioral health campus including South Campus (community services, urgent care, residential treatment) and North Campus (supportive transitional housing).

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Boldt Company: Wisconsin-based commercial GC and Herrero's JV partner (HerreroBoldt) on Sutter Health CPMC and Mission Bernal. Strong healthcare and industrial portfolio with comparable Lean/IPD philosophy, making it both a peer and a partner depending on the pursuit.
• McCarthy Building Companies: National commercial GC with a top-tier healthcare construction practice (hospitals, ambulatory, behavioral health). Comparable to Herrero in healthcare vertical expertise and integrated delivery methodology adoption.
• Rudolph and Sletten: California-based commercial GC focused on healthcare, education, and life sciences; owned by Turner Construction. Directly comparable in regional footprint, healthcare vertical emphasis, and project scale to Herrero.
• DPR Construction: National commercial GC with deep Bay Area presence, strong healthcare and life-sciences focus, and well-established Lean/IPD practice. Directly comparable to Herrero in target segments (healthcare, education, commercial) and in the use of integrated delivery and VDC.
• Swinerton: Large U.S. commercial GC with a long-standing Bay Area office. Competes with Herrero on healthcare, education, commercial tenant improvements, and historic renovation projects, and offers similar self-perform capabilities at larger scale.
• Webcor Builders: Bay Area-based commercial GC operating across healthcare, education, commercial, and residential high-rise. Same regional footprint, similar project scale (often $100M-$1B+), and directly competes for the same institutional owners Herrero serves.
• Hathaway Dinwiddie Construction Company: San Francisco-based commercial GC specializing in healthcare, education, civic, and corporate office construction. Closest geographic and vertical peer to Herrero, frequently bidding the same Northern California institutional projects.

Broad incumbents

• Turner Construction Company: Largest U.S. commercial GC, with significant Bay Area presence and growing IPD/Lean capabilities. Competes for many of the same healthcare, education, and commercial megaprojects as Herrero, with broader self-perform trade capacity.
• Clark Construction Group: Large, diversified national GC operating across commercial, healthcare, education, and civic segments. Competes with Herrero on large institutional projects but at significantly broader scale and geographic reach.

Regional players

• McGuire and Hester: Northern California infrastructure and building contractor, currently Herrero's HMH joint venture partner on the $261M San Joaquin BeWell Campus. Adjacent in scope (site/civil plus building) and competes for select Bay Area public-sector work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HerreroBuilders
• LinkedInlinkedin.com/company/herrero-builders
• Instagraminstagram.com/herrerobuilders
• Xx.com/herrerobuilders

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 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 Herrero Builders