Landmark Commercial
Privately held commercial real estate firm in Wilmington, NC, founded 1985, operating approximately 550,000 square feet of medical, industrial, retail, and financial properties through leasing, sales, and property management services across Southeastern North Carolina.
- Company typePrivate
- Founded1985
- HeadquartersWilmington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Landmark Commercial does
Landmark Commercial is a privately held commercial real estate firm founded in 1985 and headquartered in Wilmington, North Carolina. The firm operates across three integrated business lines — leasing, property sales, and property management — and serves tenants and investors throughout Southeastern North Carolina. It manages a portfolio of approximately 550,000 square feet of commercial space spanning medical/healthcare, industrial/flex, retail, and financial asset categories, with 50+ completed developments and 100+ client relationships accumulated over 35+ years of operation.
The firm runs a direct-to-tenant sales model with no proprietary technology platform, providing traditional brokerage and asset management services rather than a software-driven offering. Its geographic footprint is concentrated in the Wilmington and broader Southeastern North Carolina market, where multi-decade local relationships are the primary distribution channel. Revenue is generated through rental income on owned and managed properties, transaction commissions on sales, and recurring property management fees. No pricing model, AI tooling, or technology stack is disclosed in the input.
Ownership remains with founder Chris Stephens, with second-generation leadership additions made in 2023 (Kraig Knotts and Cameron Stephens), suggesting a structured family succession. The firm continues to expand its portfolio through targeted acquisitions, including the 2022 purchase of 2460 Delaney Avenue, indicating an asset-growth strategy oriented toward single-asset additions within the existing market rather than geographic or platform expansion.
Landmark Commercial firmographics
Firmographics- Name
- Landmark Commercial
- Legal name
- Landmark Commercial, Inc.
- Website
- https://landmarkcommercial.net
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Privately held commercial real estate firm in Wilmington, NC, founded 1985, operating approximately 550,000 square feet of medical, industrial, retail, and financial properties through leasing, sales, and property management services across Southeastern North Carolina.
- Ownership category
- akta.pro rank
Landmark Commercial industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)
- SIC
- Operators Of Nonresidential Buildings (6512), Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Retail & Mixed-Use Commercial Construction (IMAFACAB)
- akta.pro secondary industry
- Residential General Contracting (New Build) (IMAFAAAB)
Keywords
Where Landmark Commercial is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Landmark Commercial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Commercial Property Leasing: Revenue generated from leasing commercial properties including flex space, industrial buildings, medical facilities, retail, and office spaces to tenants.
- Property Sales: Revenue from the sale of developed commercial properties, such as the sale of 5525 Business Drive to Tidewater Flooring.
- Property Management: In-house property management services for their commercial portfolio, generating recurring management fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Quote-based commercial leasing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Landmark Commercial product offering
Product offeringCore offering
Landmark Commercial develops, leases, and manages commercial properties including flex, industrial, medical, retail, and office spaces in Southeastern North Carolina. The company operates a portfolio of approximately 550,000 square feet of commercial space and offers in-house property management services to commercial tenants.
Product overview
Landmark Commercial is a commercial real estate company offering a unified portfolio of property development, leasing, and management services. The company operates across four main property categories: Flex, Industrial, Medical, and Retail & Office. Core offerings include commercial development with over 35 years of experience and 50+ completed developments, commercial leasing across approximately 550,000 square feet of properties, and in-house property management. The portfolio includes branded sub-developments such as Landmark Industrial Park (45-lot industrial park), Murrayville Station Business Park (34-lot flex space business park), and Magnolia Commercial Village at Magnolia Greens (34-acre commercial village), along with individual properties across medical, retail, office, and industrial categories totaling approximately 550,000 square feet of commercial space managed by an experienced in-house team.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Development
- Commercial Leasing
- Property Management
- Landmark Industrial Park
- Murrayville Station Business Park
- Magnolia Commercial Village at Magnolia Greens
- Medical Office Properties
- Crossroads Shopping Center
- 704 S. College Road
Quantifiable outcome
- 50+ completed developments
- +2 more outcomes
Companies that use Landmark Commercial
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Landmark Commercial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Landmark Commercial partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights4 records
Landmark Commercial competitors and assessment
Company assessmentPeers
Broad incumbents
- EastGroup Properties: Public industrial REIT focused on Class A industrial and distribution properties in Sunbelt markets. Comparable to Landmark's flex/industrial segment but at much larger institutional scale and geographic reach.
Direct peers
- The Carroll Companies: Regional developer and owner-operator of multifamily, commercial, and mixed-use real estate across the Carolinas, with development, leasing, and management capabilities analogous to Landmark's vertically integrated platform.
- Intracoastal Realty Corporation: Major Wilmington-area real estate firm with both residential and commercial divisions, including commercial leasing, sales, and property management in Southeastern North Carolina. Comparable scope to Landmark's vertically integrated model.
- Cape Fear Commercial Real Estate: Wilmington, NC-based commercial real estate firm offering brokerage, leasing, property management, and development services in the same Wilmington/Southeastern NC market as Landmark. Direct overlap in flex, industrial, retail, and office leasing.
Regional players
- Coldwell Banker Commercial Suncoast: Commercial real estate services firm covering the Carolinas coast including Wilmington, providing brokerage and property management for office, retail, industrial, and medical properties comparable to Landmark's portfolio mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Landmark Commercial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Landmark Commercial leadership team
Management profileNumber of profiles
Profiles3 records
Landmark Commercial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Landmark Commercial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Landmark Commercial
What does Landmark Commercial do?
Landmark Commercial develops, leases, and manages commercial properties including flex, industrial, medical, retail, and office spaces in Southeastern North Carolina. The company operates a portfolio of approximately 550,000 square feet of commercial space and offers in-house property management services to commercial tenants.
Is Landmark Commercial a public or private company?
Landmark Commercial is a private company. It is classified as family owned and is currently operating.
When was Landmark Commercial founded?
Landmark Commercial was founded in 1985. It employs 11 to 50 people.
Where is Landmark Commercial based?
Landmark Commercial is headquartered in Wilmington, United States, in the North America region.
How does Landmark Commercial make money?
Three revenue lines are on record. Commercial Property Leasing is the primary driver. The others are property Sales and property Management.
Who are Landmark Commercial's main competitors?
Healthcare Realty Trust is listed as a peer. EastGroup Properties is listed as a broad incumbent. Direct peers are The Carroll Companies, Intracoastal Realty Corporation and Cape Fear Commercial Real Estate. Coldwell Banker Commercial Suncoast is listed as a regional player.
Does Landmark Commercial have an API?
No public API is recorded for Landmark Commercial.
What industry is Landmark Commercial in?
Landmark Commercial's product category is Commercial Real Estate. Its primary akta.pro industry code is IMAFACAB, Retail & Mixed-Use Commercial Construction, with a secondary code of IMAFAAAB, Residential General Contracting (New Build). Its NAICS code is 2362 and its SIC code is 6512.