What Centennial American Properties does

Centennial American Properties, LLC is a privately held commercial real estate development firm headquartered in Greenville, South Carolina. Founded in 1976 by David W. Glenn, the company has developed more than 7 million square feet of commercial space across the Southeast United States, including power centers, grocery-anchored centers, distressed property rehabilitations, Class A office buildings, and mixed-use developments such as Mills Mill Lofts and Camperdown. The portfolio is anchored by developments in South Carolina and Georgia (notably The Point in Greenville and Glynn Isles Market in Brunswick), with additional land holdings under development or for sale in Montana and Idaho. The firm reports licensed broker operations across ten Southeastern states.

The company's business model spans four revenue streams: property development (one-time development fees and asset sales), property leasing (recurring rental income on owned assets), property management (recurring operational fees), and retail tenant representation (professional services fees for site identification and market research). The retail tenant representation practice serves national chains including Target, Lowe's, Walgreens, Home Depot, Harris Teeter, Publix, BI-LO, Staples, Whole Foods, and Dick's Sporting Goods. Distribution is direct and enterprise-focused, with no apparent digital channels or third-party intermediaries; transactions are quote-based with no publicly disclosed pricing. The firm operates with a very small staff (1-10 employees per firmographic data), suggesting a lean, principal-driven operating model typical of family-controlled regional developers.

Strategic positioning rests on long-standing developer relationships with national retailers, deep familiarity with Southeast submarkets, and an emerging pivot toward mixed-use urban projects (Camperdown). The company has no disclosed institutional investors, parent company, or external funding; ownership appears to remain with founding principals. There is no evidence of technology platform investment, AI/ML adoption, or proprietary software — the competitive offering is fundamentally execution-based real estate development and relationship-driven brokerage services.

Name

Centennial American Properties

Legal name

Centennial American Properties, LLC

Website

https://capllc.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

Centennial American Properties is a Greenville, SC-based commercial real estate developer founded in 1976 that has developed over 7 million square feet of retail, office, and mixed-use properties across the Southeastern US, serving national retailers like Target, Lowe's, and Publix through development, leasing, management, and tenant representation services.

Ownership category

akta.pro rank

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Property Development: Development of commercial real estate including shopping centers, retail stores, specialty centers, and office buildings. Revenue is generated through one-time development fees and the sale of developed properties.
2. Property Leasing: Leasing of commercial space to tenants in developed properties, generating recurring rental income.
3. Property Management: Management services for day-to-day operations including leasing, maintenance, and tenant services.
4. Retail Tenant Representation: Market research and site identification services for national retailers seeking locations in the Southeast.

Go-to-market motion1 record

Distribution channels3 records

Core offering

Centennial American Properties develops, sells, leases, and manages commercial real estate, including neighborhood and community shopping centers, free-standing retail stores, specialty centers, and professional office buildings across the Southeast U.S. The firm also provides retail tenant representation, market research, and site identification services through licensed brokers operating across 10 Southeastern states.

Product overview

Centennial American Properties operates as a commercial real estate development company offering property development, sales, leasing, and management services. The company develops various commercial property types including shopping centers, free-standing retail stores, specialty centers, and professional office buildings. Their portfolio includes both core services (development, sales, leasing, management, and retail tenant representation) and specific property products spanning multiple Southeast markets. The company has developed over 7 million square feet of commercial space across power centers (5M SF), grocery store anchored centers (1M SF), distressed property rehabilitations (500K SF), Class A office space (350K SF), and mixed-use developments like Mills Mill Lofts (200K SF).

Differentiator

Problem solved

Functional benefit

Products and services

• Property Development End-to-end development of commercial real estate projects including neighborhood and community shopping centers, free-standing retail stores, specialty centers, and professional office buildings throughout the Southeast region.
• Property Sales Sale of developed commercial real estate assets and raw land parcels (e.g., Poinsett Commons in Greenville, SC; Polson, MT; Idaho Falls, ID) to enterprise buyers.
• Property Leasing Leasing of commercial retail and office spaces within Centennial's developed properties, generating recurring rental income.
• Property Management Day-to-day operations management including leasing, maintenance, and tenant services for commercial properties owned by Centennial and third-party owners.
• Retail Tenant Representation Market research and site identification services for national retailers seeking commercial locations across Alabama, Arkansas, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
• Suntrust Building Class A office building totaling 59,998 square feet at 300 E. McBee Street in Greenville, SC, featuring executive offices, staff offices, workrooms, cubicle areas, conference rooms, storage, kitchen/canteen, fitness center, and on-site restaurant serving breakfast, lunch, and catering.
• New River Crossing Retail/shopping center spanning 21 acres with 3,978 sq ft available space, anchored by Publix, in Hardeeville, SC near US Hwy 278 and the USC Beaufort campus, including five outparcels available for land lease or sale.
• Camperdown Large mixed-use development on 4 acres at Main St and Broad St, Greenville, SC consisting of 140-room hotel, 217-room apartment development, approximately 80,000 SF of retail, approximately 150,000 SF of office, and 18 condominiums, located across from the Peace Center.
• The Point Large retail center in Greenville, SC anchored by Whole Foods, with spaces formerly occupied by Circuit City now developed into REI and Petco, totaling 104,641 sq ft.
• Falls Street Buildings Two office buildings totaling 50,000 square feet at the corner of Spring and Broad Streets in downtown Greenville, SC, occupied by Erwin Penland advertising agency.
• Suntrust Office Building Five-story Class A office building in Greenville, SC at the corner of Spring Street and McBee Avenue, featuring executive offices, board rooms, staff offices, and cubicle areas with restaurant and fitness center space.
• Field House at West End Four-story mixed-use building in the Greenville, SC Historic West End District adjacent to Greenville Drive ball park, containing 39,183 sq ft of office space and 12,203 sq ft of retail across three floors of office and one floor of ground retail.
• Glynn Isles Market Retail/shopping center in Brunswick, GA spanning 57.62 acres with 496,092 sq ft, anchored by Target and Lowes with junior box tenants including Dick's Sporting Goods, Old Navy, Ross, Ulta, Office Depot, PetSmart, and Michaels.
• Poinsett Commons Approximately 15 acres of raw land for sale on Poinsett Highway in Greenville, SC, with future development plans including apartment and grocery development.
• Polson, MT Land Approximately 1.85 acres for sale on Highway 93 and S Shore Road in Polson, MT, located next to new Walgreens, Safeway, and Walmart.
• Idaho Falls, ID Land Approximately 0.57 acres on N Skyline Rd in Idaho Falls, ID, an outparcel next to the new Walgreens.

Named customers21 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves1 record

Expansion highlights3 records

Market position

Competitive moat4 records

Customer concentration

• Xx.com/camperdowngvl
• LinkedInlinkedin.com/company/centennial-american-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Centennial American Properties