Duckworth Realty

What Duckworth Realty does

Duckworth Realty is a privately held, full-service commercial real estate firm founded in 1989 by Ted Duckworth in Jackson, Mississippi. The company operates across the Southeastern United States with offices in Jackson and Ridgeland, Mississippi, serving commercial property owners, corporate tenants, and institutional investors across Mississippi, Louisiana, Florida, Alabama, and Georgia. Its six core service lines include Property Management (managing over 2.2 million square feet across office, retail, industrial, multifamily, and mixed-use properties), Tenant Representation, Investment Sales, Acquisitions, Landlord Representation, and Development. The firm manages properties using Yardi Property Management software and maintains a cross-trained leasing and property management team.

The business generates revenue through multiple streams: recurring managed services fees from third-party property management, transaction-based commissions from brokerage and investment sales, development fees from projects such as the $150 million The District at Eastover mixed-use development, and acquisition-driven returns through affiliated entities including Concord Capital, LLC and The District Land Development Company. Notable clients include Fortune 500 companies (Monsanto), major banks (Regions Financial, AmSouth, BankPlus), energy companies (Entergy Mississippi), legal firms (Baker Donelson), and hospitality brands (Marriott). Since 2005, principals Ted Duckworth and Breck Hines have acquired or developed 1.8 million square feet of commercial properties valued over $300 million.

Duckworth Realty's go-to-market is relationship-driven and regional, relying on direct field sales, community leadership positions, and industry reputation rather than digital marketing. The leadership team comprises Ted Duckworth (President and CEO), Breck Hines (EVP and Principal with prior Parkway Properties REIT experience), John Michael Holtmann (VP, eight-time CoStar Power Broker with $230M+ in transactions), and Mike Weeks (Controller, also ex-Parkway Properties). The firm's competitive moat is built on three decades of local market expertise, institutional relationships, and a vertically integrated service model spanning brokerage, management, acquisition, and development.

Name

Duckworth Realty

Legal name

Duckworth Realty, Inc.

Website

https://duckworthrealty.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Duckworth Realty is a privately held full-service commercial real estate firm founded in 1989 in Jackson, Mississippi, providing property management, brokerage, acquisitions, and development services across the Southeastern US for institutional and corporate clients.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Nonresidential Property Managers (531312), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

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

akta.pro secondary industries

Tenant Representation & Corporate Services Brokerage (BPAJABAJ), Retail Real Estate Asset Management (BPAJAMAF)

Keywords

• Commercial real estate services
• Property management
• Tenant representation
• Investment sales brokerage
• Mixed-use development

Headquarters

HQ city

Jackson

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. Commercial Leasing and Brokerage: Commercial leasing and brokerage of office and retail properties throughout the Southeast. Handles property management for third-party clients.
2. Property Management: Manages over 2.2 million square feet of space across office, retail, industrial, multifamily, and mixed-use properties.
3. Development Fees: Development fees from mixed-use projects including The District at Eastover. Deal sizes range from $2 million to $20 million for acquisitions.
4. Investment Sales: Commissions from investment sales for office, retail, industrial, and multifamily properties.
5. Acquisitions: Acquisition and development of investment properties, expanding asset base through acquisition of commercial properties throughout the Southeast.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Duckworth Realty is a full-service commercial real estate firm offering six core services: Property Management, Tenant Representation, Investment Sales, Acquisitions, Landlord Representation, and Development. The firm manages over 2.2 million square feet of office, retail, industrial, multifamily, and mixed-use properties across Mississippi, Louisiana, and Florida, while also handling acquisition, disposition, and development mandates for institutional, corporate, and private clients throughout the Southeastern United States.

Product overview

Duckworth Realty is a full-service commercial real estate firm offering six core services: Property Management, Tenant Representation, Investment Sales, Acquisitions, Landlord Representation, and Development. The company manages over 2.2 million square feet across office, retail, industrial, multifamily, and mixed-use properties in Mississippi, Louisiana, and Florida. The flagship development project is The District at Eastover, a 21-acre mixed-use development in Jackson featuring approximately 585,000 square feet of retail, residential (District Lofts with 261 units), and office space, plus Mississippi's first food hall. Affiliate company Concord Capital handles acquisitions and development, particularly along Highland Colony Parkway in Ridgeland, MS.

Differentiator

Problem solved

Functional benefit

Brands

• Concord Capital: Acquisition and development company operated by Ted Duckworth, Breck Hines, and John Michael Holtmann, focused on stabilized income-producing assets at discount to replacement cost.
• The District at Eastover
• Concord Companies

Products and services

• Property Management Manages over 2.2 million square feet of office, retail, industrial, multifamily, and mixed-use properties across Mississippi, Louisiana, and Florida. Services include budget projections, financial reporting, collections, maintenance, and construction management, executed using Yardi Property Management software.
• Tenant Representation Assists corporate tenants with growth analysis, renewal versus relocation evaluations, occupancy cost optimization, and lease negotiation for office, retail, and industrial space across the Southeast.
• Investment Sales Brokerage of investment sales for office, retail, industrial, and multifamily properties, combining national coverage with local market expertise to maximize exposure for seller clients.
• Acquisitions Acquisition and development services spanning retail, office, and industrial properties across Mississippi, Louisiana, and the Florida Panhandle. Office/Industrial Acquisitions are led by Breck Hines and Retail/Shopping Center Acquisitions are led by John Michael Holtmann.
• Landlord Representation Office and retail leasing services for property owners, including marketing strategy development, vacancy analysis, tenant prospecting, and weekly team meetings to optimize occupancy and NOI for landlord clients.
• Development Wide-ranging development services spanning historic landmark office tower renovations (e.g., Electric Building), preferred development for Fortune 500 companies (e.g., Monsanto), and large mixed-use developments (e.g., The District at Eastover), with project values ranging from $14.8 million to $150 million-plus.

Quantifiable outcome

• Saved Monsanto over $500,000 through efficient design process for 26,100 SF seed research facility
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 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.

• Bayfront Capital PartnerscoreStrategic or Co-development Partner · 29 September 2022Bayfront Capital Partners acquired One Pensacola Plaza from Duckworth Realty for $19 million. The eight-story, 114,960 SF office building was sold as an investment property. Beck Partners, an affiliate of Bayfront Capital Partners, was retained for leasing and management.
• Beck PartnerscoreChannel Partner/ Reseller/ Distributor · 29 September 2022Affiliate of Bayfront Capital Partners retained to handle leasing and management at One Pensacola Plaza. Represented the buyer in the transaction. Also occupies space in the building.
• Holder PropertiescoreStrategic or Co-development PartnerAtlanta-based full-service commercial and residential real estate developer. Partnered with Duckworth Realty for One Eastover Center development at The District at Eastover. Contracted with Duckworth Realty for leasing services.
• JBHM ArchitectscoreImplementation/ SI/ Consulting PartnerLead structural architect for Electric Building $14.8 million renovation project. Responsible for restoring exterior, updating interior amenities including wireless Internet service. Plans to lease one floor and move office from The Quarter on Lakeland Drive.
• Johnson Bailey Henderson McNeel ArchitectscoreImplementation/ SI/ Consulting PartnerArchitectural partner for Electric Building renovation. Partner Richard McNeel invited Ted Duckworth to the project and has worked on multiple downtown projects including Electric Building, Clarion Ledger building, MetroJackson Chamber of Commerce building.
• Barranco ArchitectscoreImplementation/ SI/ Consulting PartnerPartnership on Layfair Place redevelopment project. Designed 25,000 SF former skating rink conversion to professional office building including removing front facade, constructing new plumbing, electrical and HVAC, reconfiguring parking lot.
• St. Roch Market (New Orleans)minorStrategic or Co-development PartnerNew Orleans food hall team consulted on Cultivation Food Hall project at The District at Eastover, bringing expertise from successful food hall operations.
• ButlerSnow LLPcoreImplementation/ SI/ Consulting PartnerRobert Hutchison of ButlerSnow LLP advised purchasers on 600 Concourse acquisition. Real estate law firm serving as legal counsel for transaction.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• CBRE Group: Global full-service commercial real estate services firm offering investment sales, leasing, property management, and capital markets across all major Southeast markets; competes for the same Fortune 500 and institutional mandates that Duckworth serves, but at significantly larger scale.
• Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, and valuation services with deep Southeast coverage; overlaps with Duckworth on office and retail tenant representation and investment sales in shared markets.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm with strong capital markets and tenant representation capabilities across the Southeast; competes with Duckworth on tenant rep, investment sales, and large-portfolio corporate mandates from institutional clients.
• Colliers International: Global commercial real estate services and investment firm operating across the U.S. Southeast in brokerage, property management, and capital markets; competes for mid-market and institutional client mandates in similar property types to Duckworth.
• Marcus & Millichap: National commercial real estate investment sales firm specializing in brokerage of office, retail, multifamily, and specialty assets; competes with Duckworth's investment sales and acquisitions business for institutional and private capital deal flow in the Southeast.

Direct peers

• Holder Properties: Atlanta-based full-service commercial real estate developer and manager; already partners with Duckworth Realty on One Eastover Center within The District at Eastover, indicating directly comparable mixed-use development and property management activity across the Southeast.
• Highwoods Properties: Public REIT focused on best business district office properties across the Sun Belt including markets like Atlanta, Nashville, Raleigh, and Tampa; comparable to Duckworth's landlord rep, property management, and investment sales activity in similar Southeast submarkets.
• Foundry Commercial: Full-service commercial real estate firm operating across the Southeast U.S. offering brokerage, property management, and investment services; competes directly for institutional landlord and tenant mandates in markets overlapping Duckworth's footprint.
• Parkway Properties: Office REIT (subsequently merged into Cousins Properties) where Duckworth's principals Breck Hines and Mike Weeks previously worked; historical talent pipeline and Southeast office focus make it a direct comparable for Duckworth's landlord rep and investment sales platform.
• Beck Partners: Commercial real estate firm affiliated with Bayfront Capital Partners that acquired One Pensacola Plaza from Duckworth and was retained for leasing and management; a regional competitor with overlapping service lines in the Gulf Coast market where Duckworth operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/duckworth-realty-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 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 Duckworth Realty