Commercial Properties

What Commercial Properties does

Commercial Properties Inc. (CPI) is a privately held, full-service commercial real estate brokerage and property management firm headquartered in Tempe, Arizona, founded in 1981 and serving the Phoenix Metro area across office, industrial, retail, medical, multi-family, and land asset classes. The firm operates through a team of 65+ agents across three Arizona offices (Tempe, Scottsdale, Casa Grande) and is the only local member of CORFAC International in Arizona, an affiliation providing clients with global research and exposure through 70+ affiliated offices across the U.S., Canada, and 16+ international markets.

CPI's core offerings split into two revenue streams. The brokerage business generates transaction commissions from landlord representation, tenant representation (offered free to tenants), investment sales, 1031 exchange guidance, and self-directed IRA advisory. The property and association management business manages 210+ properties covering 14+ million square feet, supported by Yardi accounting software providing general ledger, accounts receivable/accounts payable, check writing, bank reconciliation, and automatic CAM reconciliations. In 2025, CPI closed over $700 million in consideration across 1,670+ transactions Valley-Wide and was voted Arizona's #1 Commercial Property and Association Management Firm for 8 consecutive years, with 20+ consecutive CoStar Power Broker designations.

The firm is founder-led by President/Designated Broker Leroy Breinholt with multi-generational family involvement, and operates as an independent affiliate rather than a subsidiary of a national brokerage or institutional platform. Pricing is not publicly disclosed; commissions and management fees are negotiated transaction by transaction. Distribution combines direct field sales by 65+ agents with a content marketing layer that includes quarterly market reports, an email newsletter system, and a self-serve property search portal at cpiaz.com.

Name

Commercial Properties

Legal name

Commercial Properties Inc.

Website

https://cpiaz.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Commercial Properties Inc. is a privately held Phoenix commercial real estate brokerage and property management firm with 65+ agents managing 210+ properties across 14+ million square feet, founded in 1981 and affiliated with CORFAC International.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage and Property Management

akta.pro primary industry

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

akta.pro secondary industries

Investment Sales Brokerage (BPAJABAI), Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

Keywords

• Commercial real estate brokerage
• Property management services
• Commercial property leasing
• Investment sales
• Tenant representation

Headquarters

HQ city

Tempe

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Transaction Commissions: Commissions from sales and lease transactions including landlord representation, tenant representation, and investment sales. CPI executes over twice as many real estate transactions as competitors in Phoenix, Arizona.
2. Property Management Fees: Fees for property and association management services for over 210 properties and more than 14 million square feet. Services include due diligence, value add services, tenant retention, 24/7 maintenance, and accounting.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Commercial Properties Inc. (CPI) is a full-service commercial real estate brokerage and property management firm serving the Phoenix Metro area. Core services include landlord leasing, tenant representation, sales and investment transactions (including 1031 exchanges and CAP rate analysis), and commercial/association property management delivered by 65+ specialized agents across office, industrial, retail, medical, multi-family, and land property types. The firm supports these services with the Yardi accounting platform, an online property search tool, and quarterly market reports.

Product overview

Commercial Properties Inc. (CPI) is a full-service commercial real estate brokerage and property management firm offering a platform of integrated services. The core offerings include Brokerage Services (leasing, sales, investment, and project development), Property Management (commercial and association management with Yardi accounting), and Property Search capabilities. The firm operates throughout the Phoenix Metro area specializing in office, industrial, retail, medical, multi-family, and land properties. Market Reports are available as an add-on offering providing quarterly market intelligence. Through its CORFAC International affiliation, the firm extends reach globally while maintaining local ownership.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage Services
• Property Management
• Property Search
• Market Reports

Quantifiable outcome

• Over $700 Million in closed consideration in 2025
• +4 more outcomes

Named customers12 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

One partnership is on record.

• CORFAC InternationalflagshipChannel Partner/ Reseller/ Distributor · 1 January 1989CPI is the ONLY local member of CORFAC International in Arizona, providing global research and exposure for clients. CORFAC International is a global network of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 70 offices in the U.S., Canada, and international markets including Australia, Costa Rica, France, Germany, India, Ireland, Italy, Japan, Netherlands, Philippines, Poland, Romania, Russia, South Korea, Switzerland, and United Kingdom.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• CBRE Group: The world's largest commercial real estate services firm, with deep Phoenix operations across brokerage, investment sales, and property management. Represents the largest-scale competitor competing for the same institutional clients and large occupiers as CPI.
• Cushman & Wakefield: Global CRE services platform competing for institutional investment sales, agency leasing, and property management mandates in Phoenix. Comparable service offering but at national scale, representing the larger competitor cohort CPI competes against for institutional deals.
• Colliers International: Major global CRE services firm offering brokerage, property management, and investment sales across all major U.S. markets including Phoenix. Comparable service lines but operates at vastly greater scale with public-company governance.
• Newmark Group: Global CRE services firm with growing Phoenix presence across capital markets, leasing, and investment sales. Comparable service lines and competes for similar institutional clients in the Phoenix commercial real estate market.
• JLL (Jones Lang LaSalle): Global real estate services firm with significant Phoenix presence across capital markets, agency leasing, and property management. Comparable service lines targeting the same institutional client base that CPI serves in the Phoenix market.

Direct peers

• NAI Global: Network of independently owned commercial real estate firms - a direct analog to CPI's CORFAC affiliation. Comparable in delivering global reach through a network of local principal-owned brokerage firms with similar service offerings.
• SVN International: Network of independently owned commercial real estate firms offering brokerage and property management through affiliated offices - structurally similar to CPI/CORFAC. Comparable in private-firm governance and full-service CRE delivery model.
• Kidder Mathews: Largest independent commercial real estate firm on the U.S. West Coast. Comparable to CPI as a privately held, founder-influenced firm offering brokerage, property management, and investment sales across multiple West Coast metros.
• Lee & Associates: Privately held, principal-owned commercial real estate brokerage with a similar structure to CPI: regional offices, full-service brokerage and property management, and an entrepreneurial agent model. Highly comparable in business model, size, and target market segment.

Emerging players

• Marcus & Millichap: CRE investment sales brokerage with strong focus on smaller commercial investment properties and 1031 exchange transactions - services CPI explicitly markets. Comparable investment-sales focus but with a national rather than local-only footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cpirealestate
• LinkedInlinkedin.com/company/commercial-properties-inc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Commercial Properties