GLD Commercial

What GLD Commercial does

GLD Commercial (legal entity Gibbs Lamb Drown, Inc.) is an independent, privately held commercial real estate brokerage headquartered in downtown Cedar Rapids, Iowa, operating across the I-380 corridor in Linn and Johnson counties. The firm claims the largest share of Cedar Rapids metro and Linn County commercial real estate transaction volume at 27.3%, and serves local businesses, investors, developers, corporate tenants, and national brands through a full-service brokerage offering that includes sales and leasing, buyer and tenant representation, site selection, investment sales, property management, consulting, and property valuation. The team is led by co-founder and Principal Dave Drown (SIOR, CCIM) alongside Principals Adam Gibbs, Angie Glick-Martin, and Erica Seelman (all SIOR-designated), supported by a small bench of agent associates and operational staff, with combined experience stated at over 70–75 years.

The firm operates a transaction-fee revenue model, earning brokerage commissions on completed deals; specific rates and structures are not publicly disclosed. Its technology stack is intentionally minimal — there are no proprietary software products, APIs, or AI systems — and competitive advantage is sourced from elite professional credentials (SIOR, CCIM), a proprietary suite of five sector-specific Cedar Rapids metro market reports (industrial, CBD office, suburban office, retail/service, multifamily/mixed-use), and dense relationships with property owners, developers, and out-of-market broker partners. GLD is the regular local partner for national firms including Colliers International, Cushman & Wakefield, and JLL, and has transacted with a diverse client base spanning data centers (Google, QTS), banking (Chase, Cedar Rapids Bank & Trust), healthcare (University of Iowa Hospitals, UnityPoint Health), retail (Fleet Farm, Dick's House of Sport, 7-Brew), manufacturing (Corteva, Ingredion, Danisco), and small local businesses across the I-380 corridor.

Name

GLD Commercial

Legal name

Gibbs Lamb Drown, Inc.

Website

https://gldcommercial.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

GLD Commercial is an independent Cedar Rapids, Iowa-based commercial real estate brokerage holding 27.3% market share of local transaction volume, providing sales, leasing, site selection, and investment advisory services to businesses, investors, and corporate tenants across the I-380 corridor.

Ownership category

akta.pro rank

Headquarters

HQ city

Cedar Rapids

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Commercial Real Estate Brokerage Commissions: GLD Commercial earns revenue through commissions on commercial real estate transactions including sales, purchases, leasing, and investment advisory services. They represent both landlords/ sellers and tenants/buyers, earning brokerage commissions on completed transactions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

GLD Commercial is an independent, locally owned commercial real estate brokerage based in Cedar Rapids, Iowa, providing sales, leasing, site selection, investment advisory, property management, consulting, and property valuation services for office, industrial, warehouse, retail, land, and multifamily properties across Eastern Iowa. The firm operates under the legal entity Gibbs Lamb Drown, Inc. and complements its brokerage services with proprietary Cedar Rapids metro market reports covering industrial, office, retail, and multifamily sectors.

Product overview

GLD Commercial is an independent, locally owned commercial real estate brokerage based in Cedar Rapids, Iowa, offering a comprehensive suite of advisory services. The core service portfolio includes Sales & Leasing Brokerage, Buyer Representation, Tenant Representation, Site Selection, Investment Sales, Property Management, Commercial Real Estate Consulting, and Property Valuation. The company complements its brokerage services with proprietary market intelligence through its Cedar Rapids Metro Commercial Real Estate Market Report series, which includes dedicated Industrial, CBD Office, Suburban Office, Retail/Service, and Multifamily/Mixed-Use sector reports. The firm serves clients throughout Eastern Iowa's I-380 corridor in Linn and Johnson counties.

Differentiator

Problem solved

Functional benefit

Products and services

• Sales & Leasing Brokerage Full-service commercial real estate brokerage providing sales and leasing representation for office, industrial, warehouse, retail, and land properties in Cedar Rapids and Eastern Iowa.
• Buyer Representation Representation services for commercial owner-users and investors seeking to purchase commercial property in the Cedar Rapids metro and Iowa City corridor.
• Tenant Representation Representation services for businesses needing commercial space in the Cedar Rapids metro and Iowa City corridor, including lease negotiation and site selection support.
• Site Selection Site selection and consulting services for industrial, warehouse, manufacturing, office, and retail users along the I-380 corridor, evaluating locations based on access, zoning, infrastructure, and workforce considerations.
• Investment Sales Investment sales of income-producing commercial real estate in Linn and Johnson counties, including industrial, office, retail, multifamily, and mixed-use assets.
• Property Management Property management services for commercial assets in the Cedar Rapids area.
• Commercial Real Estate Consulting Consulting on commercial real estate strategy, relocation, and portfolio planning for businesses, investors, and property owners.
• Property Valuation Property valuation services to support acquisitions, dispositions, and financing decisions.
• Cedar Rapids Metro Commercial Real Estate Market Report Annual and midyear market research report covering the Cedar Rapids metro commercial real estate sectors (industrial, CBD office, suburban office, retail/service, and multifamily/mixed-use), including vacancy rates, rental rates, absorption data, and significant transactions.

Quantifiable outcome

• 27.3% market share in Cedar Rapids metro and Linn County commercial real estate volume
• +2 more outcomes

Named customers31 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

Partnerships

Eight partnerships are on record, tiered core and minor.

• Colliers InternationalcoreChannel Partner/ Reseller/ DistributorColliers International partners with GLD Commercial as their local Cedar Rapids broker for assignments involving clients with Eastern Iowa commercial real estate needs. GLD provides market knowledge, property tours, and negotiation support for Colliers' regional and national clients.
• Cushman & WakefieldcoreChannel Partner/ Reseller/ DistributorCushman & Wakefield engages GLD Commercial as their local partner for Cedar Rapids and Coralville office and lab space requirements, leveraging GLD's market expertise and boots-on-the-ground support for their national client assignments.
• JLL (Jones Lang LaSalle)coreChannel Partner/ Reseller/ DistributorJLL engaged GLD Commercial as local market experts for valuation and disposition of properties in Cedar Rapids on behalf of their corporate solutions clients including the American National Red Cross.
• Ferguson Commercial Real Estate ServicesminorChannel Partner/ Reseller/ DistributorFerguson Commercial Real Estate Services works with GLD Commercial on transactions in the Eastern Iowa market, with positive feedback on GLD's market knowledge and deal flow.
• Mid-America Real EstatecoreChannel Partner/ Reseller/ DistributorMid-America engaged GLD Commercial as their local broker/partner for the Fleet Farm 20-acre site requirement in Cedar Rapids. GLD provided on and off-market opportunities and local intelligence.
• Green Light Retail Real Estate ServicesminorChannel Partner/ Reseller/ DistributorGreen Light Retail engaged GLD as their local broker for My Salon Suite's national tenant rep requirements in the Cedar Rapids market, providing comprehensive market tour books and intelligence.
• Westwinds Real EstateminorChannel Partner/ Reseller/ DistributorWestwinds Real Estate has worked with GLD Commercial on the disposition of two Salvation Army properties, performing professionally and selling properties quickly.
• Buyers RealtyminorChannel Partner/ Reseller/ DistributorBuyers Realty partnered with Mid-America and GLD Commercial on the Fleet Farm assignment in Cedar Rapids.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CBRE: World's largest commercial real estate services firm. Operates broadly across the same service lines as GLD (brokerage, valuation, investment sales) and represents the upper bound of scale and competing for the same enterprise tenants and investors as GLD's clients.
• NAI Global: Global CRE brokerage network with member firms operating across North America. Competes with GLD in industrial, office, retail, and multifamily brokerage in similar mid-market metros; has member presence across the Midwest.
• Colliers International: Global CRE services firm offering brokerage, valuation, and investment sales across all major asset classes. Colliers partners with GLD as local partner in Cedar Rapids, but also competes with GLD on regional and national assignments.
• JLL (Jones Lang LaSalle): Global CRE services and investment management firm. JLL engages GLD for local Cedar Rapids valuation and disposition work, but is otherwise a competing broad incumbent in industrial, office, and capital markets advisory.
• Cushman & Wakefield: Major global CRE firm providing brokerage, valuation, and advisory services. Engages GLD as local Cedar Rapids partner but otherwise competes broadly for tenant rep, agency leasing, and capital markets mandates.
• SVN (Sperry Van Ness): National CRE franchise network with offices in secondary and tertiary markets across the U.S. Operates in similar mid-market geographies to Cedar Rapids with comparable service mix (sales, leasing, investment).
• Marcus & Millichap: National CRE investment sales brokerage specializing in commercial investment property transactions. Comparable to GLD's investment sales service line, particularly for income-producing assets in secondary/tertiary markets like Cedar Rapids.

Direct peers

• CR Commercial Real Estate (Cedar Rapids): Another Cedar Rapids-based commercial real estate brokerage serving the same Eastern Iowa market. Directly comparable as a competing local CRE firm with overlapping service offerings (sales, leasing, investment advisory).
• Iowa Realty Commercial: Iowa-based commercial brokerage affiliated with the Iowa Realty brand, competing in the Cedar Rapids/Iowa City corridor for sales and leasing assignments. Comparable size and service offering overlap with GLD.

Regional players

• Lee & Associates: Midwest-focused commercial real estate brokerage with offices across several states. Comparable as a similarly-sized, relationship-driven regional CRE firm competing for similar owner-user and investor clients in mid-market metros.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gldcommercial
• LinkedInlinkedin.com/company/gld-commercial-real-estate-advisors

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 GLD Commercial